E-Rate Program Sample Clauses

The E-Rate Program clause defines the obligations and requirements related to compliance with the federal E-Rate program, which provides discounts to schools and libraries for telecommunications and internet access. This clause typically outlines the provider's responsibility to supply necessary documentation, maintain eligibility, and cooperate with audits or requests from the Universal Service Administrative Company (USAC). Its core function is to ensure that both parties adhere to E-Rate rules, thereby enabling the customer to receive funding and avoid disqualification or penalties.
E-Rate Program. If requested by the Lessee, WANRACK will work together with the Lessee to participate in the Schools and Libraries Program of the Universal Service Fund (the “E-Rate Program”), and in particular the parties will cooperate in maximizing the discounts available to the Lessee under the E-Rate Program in respect of the WAN Facilities and the WAN Services. However, notwithstanding the foregoing, the participation of the Lessee in the E-Rate Program is not a condition to either party’s obligations under this Agreement.
E-Rate Program. The term “E-Rate Program” shall mean the Schools and Libraries Program of the Universal Service Fund, also known as the Schools and Libraries Universal Service Support Mechanism, which is administered by the Universal Service Administrative Company under the direction of the Federal Communications Commission, or any agent or successor thereof.
E-Rate Program. From 2006 until the present, ▇▇▇▇ has participated in the federal Schools and Libraries Universal Service Fund Program (the “E-Rate Program”), which is run by the Federal Communications Commission. The E-Rate Program permits eligible schools and libraries to obtain and install telecommunications and internet-related infrastructure equipment at heavily discounted prices subsidized by the government. From 2007 to 2015, ▇▇▇▇ sought $13,859,648.52 in E-Rate funding. Of these requests, CUTA obtained $4,103,826.84 in disbursements. During this time period, CUTA obtained its E-Rate-eligible goods and services from several vendors that defrauded the E-Rate Program. For example, during this time period, CUTA’s most commonly-used E-Rate Program vendor was Hashomer Alarm, owned by ▇▇▇▇▇▇ ▇▇▇▇▇. ▇▇▇▇▇ and several others were convicted in 2020 for conspiracy to defraud the E-Rate Program through ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, among other entities. CUTA acknowledges that, during the 2007 to 2015 time period, CUTA used the E-Rate Program funds to install technology-related infrastructure or to purchase equipment that was not necessary to serve an educational purpose at the time it was purchased. From 2016 to the present, under the supervision of a new Executive Director, CUTA sought additional funding from the E-Rate Program. The company represents that all funds requested since 2016 have been bonafide requests for qualifying educational purposes.
E-Rate Program. If requested by the District, UPN will work together with the District to participate in the Schools and Libraries Program of the Universal Service Fund (the “E- Rate Program”), and in particular the parties will cooperate in maximizing the discounts available to the District under the E-Rate Program in respect of the Internet Facilities and the Internet Services. However, notwithstanding the foregoing, the participation of the District in the E-Rate Program is not a condition to either party’s obligations under this Agreement.
E-Rate Program. If requested by the Customer, UPN will work with the Customer to participate in the Schools and Libraries Program of the Universal Service Fund (the “E-Rate Program”). In that event, the Parties will cooperate in maximizing the discounts available to the Customer under the E-Rate Program related to the Internet Facilities and the Internet Services. Notwithstanding the foregoing or anything to the contrary, the Customer’s participation in the E-Rate Program is not a condition of either Party’s obligations under this Agreement.
E-Rate Program. If requested by the District, WANRack will work together with the District to participate in the Schools and Libraries Program of the Universal Service Fund (the “E-Rate Program”), and in particular the parties will cooperate in maximizing the discounts available to the District under the E-Rate Program in respect of the WAN Facilities and the WAN Services. However, notwithstanding the foregoing, the participation of the District in the E-Rate Program is not a condition to either party’s obligations under this Agreement.
E-Rate Program. If requested by the Customer, ▇▇▇▇▇ will work with the Customer to participate in the Schools and Libraries Program of the Universal Service Fund (the “E-Rate Program”). In that event, the Parties will cooperate in maximizing the discounts available to the Customer under the E-Rate Program related to the Internet Facilities and the Internet Services. Notwithstanding the foregoing or anything to the contrary, the Customer’s participation in the E-Rate Program is not a condition of either Party’s obligations under this Agreement.
E-Rate Program 

Related to E-Rate Program

  • Alternate Base Rate Loans During such periods as Revolving Loans shall be comprised of Alternate Base Rate Loans, each such Alternate Base Rate Loan shall bear interest at a per annum rate equal to the sum of the Alternate Base Rate plus the Applicable Percentage; and

  • Interest on Revolving Loans The outstanding principal amount of each Revolving Loan made by each Lender shall bear interest at a fluctuating rate per annum that shall at all times be equal to (i) during such periods as such Revolving Loan is a Base Rate Loan, the Base Rate plus the Applicable Revolving Loan Margin and (ii) during such periods as such Revolving Loan is a Eurodollar Loan, the relevant Adjusted Eurodollar Rate for such Eurodollar Loan for the applicable Interest Period plus the Applicable Revolving Loan Margin.

  • Interest on Revolving Credit Loans (a) Each Revolving Credit Loan shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.5) that the subject Revolving Credit Loan (or a portion thereof) is, or is to be converted to, a LIBOR Loan. (b) Each Revolving Credit Loan which consists of a LIBOR Loan shall bear interest at the applicable LIBOR Rate. (c) Subject to, and in accordance with, the provisions of this Agreement, the Borrower may cause all or a part of the unpaid principal balance of the Loan Account to bear interest at the Base Margin Rate or the LIBOR Rate as specified from time to time by the Borrower. (d) The Borrower shall not select, renew, or convert any interest rate for a Revolving Credit Loan such that, in addition to interest at the Base Margin Rate, there are more than Six (6) LIBOR Rates applicable to the Revolving Credit Loans at any one time. (e) The Borrower shall pay accrued and unpaid interest on each Revolving Credit Loan in arrears as follows: (i) On the applicable Interest Payment Date for that Revolving Credit Loan. (ii) On the Termination Date and on the End Date. (iii) Following the occurrence of any Event of Default, with such frequency as may be determined by the Agent. (f) Following the occurrence and during the continuance of any Event of Default (and whether or not the Agent exercises the Agent’s rights on account thereof), all Revolving Credit Loans shall bear interest, at the option of the Agent or at the instruction of the SuperMajority Lenders at a rate which is the aggregate of the rate applicable to Base Margin Loans plus Three Percent (3%) per annum.

  • Interest on Revolving Credit Advances Each Borrower shall pay interest on the unpaid principal amount of each Revolving Credit Advance made to such Borrower owing to each Lender from the date of such Revolving Credit Advance until such principal amount shall be paid in full, at the following rates per annum:

  • Additional Interest on Eurodollar Rate Advances The Borrower shall pay to each Lender, so long as such Lender shall be required under regulations of the Board of Governors of the Federal Reserve System to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Rate Advance of such Lender, from the date of such Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Advance. Such additional interest shall be determined by such Lender and notified to the Borrower through the Administrative Agent, and such determination shall be conclusive and binding for all purposes, absent manifest error.