Cable Service Units Sample Clauses

Cable Service Units. Units shall mean the total number of keyed entry units, to include lockouts, which are wired for Cable Service distribution in each Resort (the "Units"), as shown on the attached Exhibit "A". Upon the Programming Commencement Date and during the term of this Agreement, the COMPANY shall submit to SUNCOAST all change(s) in the number of Units at least Sixty (60) days prior to the activation of such additional Unit(s). SUNCOAST will accept facsimile with signature for such reporting purposes. Thereafter, the Programming Service Fees for Cable Services will be modified by the increased number of Units as of the activation date. COMPANY shall make available to SUNCOAST, at COMPANY's office during regular business hours, once each calendar year, on Five (5) days advance notice, its books and records regarding the number of Units for SUNCOAST's inspection and/or audit. COMPANY and SUNCOAST agree that under reporting of Units applicable to Services supplied herein shall constitute a material breach of this Agreement. Should any audit determine that such under Unit reporting has occurred by COMPANY to SUNCOAST, COMPANY agrees to indemnify SUNCOAST, to include but not be limited to, auditing fees, expenses, penalties, damages or back due programming fees assessed SUNCOAST by SUNCOAST's programming suppliers as a result of such under Unit reporting. If SUNCOAST loses it's rights to provide programming within the Project, due to under reporting by COMPANY to SUNCOAST, SUNCOAST may accelerate all monthly payments, less Nine (9) Dollars per Unit per month, remaining due under this Agreement which will then be immediately due and payable. SUNCOAST will provide COMPANY with up to 4 outlets, in common areas, in each resort in the Project, for Cable Services, at no charge to COMPANY.
Sample 1See All (4)
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Cable Service Units. Three (3) days immediately prior to the Programming Commencement Date, the COMPANY shall send written notice to SUNCOAST reporting the total number of units which are wired for Cable Service distribution in each Resort (the "Units"). All lock-out units will be considered as One (1)
Sample 1

Related to Cable Service Units

  • Units Interests in the Partnership shall be represented by Units. The Units initially are comprised of one Class: Class A Units. The General Partner may establish, from time to time in accordance with such procedures as the General Partner shall determine from time to time, other Classes, one or more series of any such Classes, or other Partnership securities with such designations, preferences, rights, powers and duties (which may be senior to existing Classes and series of Units or other Partnership securities), as shall be determined by the General Partner, including (i) the right to share in Profits and Losses or items thereof; (ii) the right to share in Partnership distributions; (iii) the rights upon dissolution and liquidation of the Partnership; (iv) whether, and the terms and conditions upon which, the Partnership may or shall be required to redeem the Units or other Partnership securities (including sinking fund provisions); (v) whether such Unit or other Partnership security is issued with the privilege of conversion or exchange and, if so, the terms and conditions of such conversion or exchange; (vi) the terms and conditions upon which each Unit or other Partnership security will be issued, evidenced by certificates and assigned or transferred; (vii) the method for determining the Total Percentage Interest as to such Units or other Partnership securities; and (viii) the right, if any, of the holder of each such Unit or other Partnership security to vote on Partnership matters, including matters relating to the relative designations, preferences, rights, powers and duties of such Units or other Partnership securities. Except as expressly provided in this Agreement to the contrary, any reference to “Units” shall include the Class A Units and any other Classes that may be established in accordance with this Agreement. All Units of a particular Class shall have identical rights in all respects as all other Units of such Class, except in each case as otherwise specified in this Agreement.

  • Performance Units Subject to the limitations set forth in paragraph (c) hereof, the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

  • Performance Share Units The Committee may, in its discretion, grant to Executive performance share units subject to performance vesting conditions (collectively, the “Performance Units”), which shall be subject to restrictions on their sale as set forth in the Plan and an associated Performance Unit Grant Letter.

  • Member Units Each Member’s interest in the Company, including such Member’s interest in income, gains, losses, deductions and expenses of the Company and the right to vote on certain matters as provided in this Agreement, shall be represented by the Units owned by such Member.

  • Award Distribution (a) In the event of any partial taking of any Leased Property, the entire Award shall belong to and be paid to Lessor, except that, subject to the rights of the Facility Mortgagees, Tenant shall be entitled to receive from the Award, if and to the extent such Award specifically includes such item, the following:

  • Restricted Share Units Restricted Share Units means Restricted Share Units granted to Participant under the Plan subject to such terms and conditions as the Committee may determine at the time of issuance.

  • Transfer of Incentive Distribution Rights The General Partner or any other holder of Incentive Distribution Rights may transfer any or all of its Incentive Distribution Rights without the approval of any Limited Partner or any other Person.

  • Performance Shares The Performance Shares earned by the Grantee will be determined and delivered to the Grantee as soon as practicable subsequent to the determination of the Corporation’s financial results for the Performance Cycle and approval by the Plan Administrator. The corresponding shares of the Corporation’s common stock will be purchased on the open market.

  • Dividend Equivalent Units On the date that the Company pays a cash dividend to holders of Stock generally, the Participant shall be credited with a number of additional whole Dividend Equivalent Units determined by dividing (a) the product of (i) the dollar amount of the cash dividend paid per share of Stock on such date and (ii) the total number of Restricted Stock Units and Dividend Equivalent Units previously credited to the Participant pursuant to the Award and which have not been settled or forfeited pursuant to the Company Reacquisition Right (as defined below) as of such date, by (b) the Fair Market Value per share of Stock on such date. Any resulting fractional Dividend Equivalent Unit shall be rounded to the nearest whole number. Such additional Dividend Equivalent Units shall be subject to the same terms and conditions and shall be settled or forfeited in the same manner and at the same time as the Restricted Stock Units originally subject to the Award with respect to which they have been credited.

  • Phantom Units Subject to Section 4 below, each Phantom Unit that vests shall represent the right to receive payment, in accordance with Section 5 below, in the form of one (1) Unit. Unless and until a Phantom Unit vests, the Participant will have no right to payment in respect of such Phantom Unit. Prior to actual payment in respect of any vested Phantom Unit, such Phantom Unit will represent an unsecured obligation of the Partnership, payable (if at all) only from the general assets of the Partnership.

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