Common use of Equivalent Basic Subscribers Clause in Contracts

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.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Friendship Cable of Arkansas Inc), Asset Purchase Agreement (Classic Communications Inc)