Provider Reference Infrastructure Sharing Offer ______________________________________________________________________ This Annex B is effective from the date of signature of this Agreement and shall remain in effect until amended following agreement of the Parties to such amendment. 1 Definitions In this Annex, a reference to a clause or Appendix unless stated otherwise, is to a clause or Appendix of this Annex. Words and expressions have the meaning given in Annex A. 2 Billing and Payment Conditions 1. The Infrastructure Seeker shall be liable to pay Provider for the charges set out in the Price List in Annex D of this Agreement. 2. The Charges payable under this Agreement fall into two categories  Set-up charges (e.g. for connection setup or for co-location preparation)  Monthly charges (e.g. for ongoing service provision or infrastructure rentals) 3. Where possible, the Charges payable under this Agreement have been determined in advance and are based on the costs incurred in preparing, delivering and maintaining the Services. In some instances, charges will vary on a case-by-case basis and in these instances charges will be quoted on a case by case basis. 4. Invoices will be issued under two scenarios:  One-off (set-up) charges – for these charges, invoices will be issued in response to specific requests for Services from the Infrastructure Seeker and have to be paid in advance of the service provision  Monthly charges – for these charges, invoices will be issued monthly or quarterly in advance. 5. All Invoices will be issued in electronic and paper format. Date of Invoice will be the date of despatch of the invoice 6. All invoices will be payable within 30 days of invoice date. Payments not received within the due date will be subject to a default interest rate at [insert amount]% calculated on a daily basis. 7. Set-up charges must be received by Provider before the relevant activities will be commenced by Provider 8. Provider will provide information within the invoices to enable the Infrastructure Seeker to process the invoice. 9. Any Disputes which arise pursuant to invoices issued in relation to the charges, shall be subject to the provisions of clause 15 of this Agreement DATE Page 2