Common use of Subscriber Adjustment Clause in Contracts

Subscriber Adjustment. If on the Closing Date, the System has less than 31,390 Equivalent Basic Subscribers, the Purchase Price shall be decreased by an amount equal to $2,071 for each Equivalent Basic Subscriber less than 31,390. If on the Closing Date, the System has more than 31,500 Equivalent Basic Subscribers, the Purchase Price shall be increased by an amount equal to $2,071 for each Equivalent Basic Subscriber more than 31,500; provided no upward adjustment to the Purchase Price will be made for any Equivalent Basic Subscribers exceeding 31,850 (the amount of any adjustment pursuant to this Section 2.4 is the "Subscriber Adjustment Amount").