Telocity Only Services Sample Clauses

Telocity Only Services. Beginning on the Launch Date, Telocity shall pay to NBCi, on a quarterly basis, ten percent (10%) of the net revenues actually received by Telocity for the basic Telocity internet access service. For purposes of this Section 10.1.1, net revenues shall mean gross revenues less a cost of goods sold figure based on the following items: (i) Last Mile Technologies Expenses, (ii) Shipping and Handling Expenses, and (iii) Network Operations Expenses, but excluding all Gateway rebate expenses, which shall be treated as customer acquisition costs by Telocity.