Common use of Subscriber Adjustment Clause in Contracts

Subscriber Adjustment. An amount equal to the product of (x) $1,925 and (y) the difference between 47,000 and the actual number of Basic Subscribers in the Systems as of the Closing Date if such difference is greater than 470.

Appears in 2 contracts

Sources: Asset Purchase and Sale Agreement (Northland Cable Television Inc), Asset Purchase Agreement (Northland Cable Properties Six LTD Partnership)

Subscriber Adjustment. An amount equal to the product of (x) $1,925 1,535 and (y) the difference between 47,000 7,400 and the actual number of Basic Subscribers in the Systems as of the Closing Date if such difference is greater than 47074.

Appears in 1 contract

Sources: Asset Purchase and Sale Agreement (Northland Cable Properties Seven Limited Partnership)