Common use of Illustration Clause in Contracts

Illustration. If IPTV OPERATOR has opted for Zee Family Pack Hindi SD and the Monthly Average Active Subscriber Level for a particular month reported by the IPTV OPERATOR is 10,000 subscribers for Zee Family Pack Hindi SD, then the Subscription Fee payable by the IPTV OPERATOR for that particular month will be calculated as MRP of Zee Family Pack Hindi SD = Rs. 27.00 Monthly Average Active Subscriber Level for Zee Family Pack Hindi SD reported by IPTV OPERATOR =10,000 subscribers = Rs. 2,16,000 Note: The MRP and Subscription Fee mentioned hereinabove is exclusive of applicable taxes and levies.

Appears in 6 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

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