Equivalent Basic Subscribers Sample Clauses

Equivalent Basic Subscribers. 4 ERISA.................................................................. 4
Equivalent Basic Subscribers. (OR EBS'S). As of any date and for each franchise area served by a System, the number derived by dividing (a) the total monthly ▇▇▇▇▇▇▇▇ for sales of Basic Services by the System during the most recent month ended prior to the date of calculation (including ▇▇▇▇▇▇▇▇ to single family residences and dwelling units in multiple dwelling unit buildings, subscribers in commercial and other buildings and bulk subscribers, whether on a discounted or undiscounted basis, but excluding ▇▇▇▇▇▇▇▇ in excess of a single month's charges for any account), by (b) the standard monthly rate (without discount of any kind) charged by Seller during such month to single family residences for Basic Services sold by the System, which monthly rate will not be less than the amount specified in SCHEDULE 1.
Equivalent Basic Subscribers. As of the Closing, the Systems shall be serving, in the aggregate, not less than 21,000 Equivalent Basic Subscribers.
Equivalent Basic Subscribers. The number of Equivalent Basic ---------------------------- Subscribers as of the Closing Date shall be not less than 13,000.
Equivalent Basic Subscribers. (OR EBS'S). As of any date and for each franchise area served by a System, the number derived by dividing (a) the total monthly bill▇▇▇▇ ▇▇▇ sales of Basic Services by the System during the most recent month ended prior to the date of calculation (including bill▇▇▇▇ ▇▇ single family residences and dwelling units in multiple dwelling unit buildings, subscribers in commercial and other buildings and bulk subscribers, whether on a discounted or undiscounted basis, but excluding bill▇▇▇▇ ▇▇ excess of a single month's charges for any account), by (b) the standard monthly rate (without discount of any kind) charged by Seller during such month to single family residences for Basic Services sold by the System, which monthly rate will not be less than the amount specified in Schedule 1.6. For purposes of the foregoing, there will be excluded (i) all bill▇▇▇▇ ▇▇ any subscriber who is sixty (60) days or more past due in the payment of any amount payable to Seller, (ii) all bill▇▇▇▇ ▇▇ any subscriber who has not paid at least one full month's payment for Basic Services and all installation charges owed and due, (iii) that portion of the bill▇▇▇▇ ▇▇ each subscriber representing an installation or other non-recurring charge, a charge for equipment or for any outlet or connection other than the first outlet or first connection in any single family residence or, with respect to a bulk account, in any residential unit (e.g., an individual apartment or rental unit), or a pass-through charge for sales taxes, line-itemized franchise fees and charges and the like, (iv) all bill▇▇▇▇ ▇▇ any subscriber whose service is pending disconnection for any reason, and (v) all bill▇▇▇▇ ▇▇ any subscriber who was solicited since the Effective Date of this Agreement, to purchase such services by any non-standard promotion or by offer of a non-standard discount. For purposes of this Agreement, payments on account of monthly bill▇▇▇▇ ▇▇ a subscriber of a System will be deemed to be due on the first day of the month during which the service to which such bill▇▇▇▇ ▇▇▇ate is provided.
Equivalent Basic Subscribers. For purposes of this Agreement, an “active customer” means any person, commercial establishment or multi-unit dwelling at any given time that is paying for and receiving at least Basic Cable Service from the System and who has an account as to which no amount in excess of $10.00 is more than 60 days past due. For purposes of this Agreement, an “active customer” does not include any person, commercial establishment or multi-unit dwelling that as of the date of calculation has not paid in cash or a cash equivalent (excluding any voucher or other promotional currency) in full the System’s regular basic monthly subscription rate for at least Basic Cable Service (excluding installation or other non-recurring charges) without discount (other than discounts offered pursuant to selling or marketing campaigns or promotional activities engaged in by the System in the ordinary course of business and consistent with past practices) for at least one month, and does not include any person, commercial establishment or multi-dwelling unit that has requested that Basic Cable Service be terminated. For purposes of this Agreement, the number of days that a subscriber account receivable is “past due” will be determined from the first day of the period for which the applicable billing relates.

Related to Equivalent Basic Subscribers

  • Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.1500.

  • The Product Energy Resource Interconnection Service allows Interconnection Customer to connect the Large Generating Facility to the Transmission System and be eligible to deliver the Large Generating Facility's output using the existing firm or non-firm capacity of the Transmission System on an "as available" basis. To the extent Interconnection Customer wants to receive Energy Resource Interconnection Service, Transmission Provider shall construct facilities identified in Appendix A.

  • Certification of Adjusted Exercise Price or Number of Shares of Common Stock Whenever the Exercise Price or the number of shares of Common Stock issuable upon the exercise of each Warrant is adjusted as provided in Section 11 or 13, the Company shall (a) promptly prepare a certificate setting forth the Exercise Price of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the Warrant Agent to send a brief summary thereof to each Holder of a Warrant Certificate.

  • Cash in Lieu of Fractional Shares If Physical Settlement or Combination Settlement applies to the conversion of any Note and the number of shares of Common Stock deliverable pursuant to Section 5.03(B)(i) upon such conversion is not a whole number, then such number will be rounded down to the nearest whole number and the Company will deliver, in addition to the other consideration due upon such conversion, cash in lieu of the related fractional share in an amount equal to the product of (1) such fraction and (2) (x) the Daily VWAP on the Conversion Date for such conversion (or, if such Conversion Date is not a VWAP Trading Day, the immediately preceding VWAP Trading Day), in the case of Physical Settlement; or (y) the Daily VWAP on the last VWAP Trading Day of the Observation Period for such conversion, in the case of Combination Settlement.

  • Fractional Shares of Common Stock (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded down). (b) The Company shall not issue fractions of shares of Common Stock upon exercise of Warrants or distribute stock certificates which evidence fractional shares of Common Stock. Whenever any fraction of a share of Common Stock would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the Warrant Certificate.