Minimum Subscribers. Unless and until at any time after June 30, 1999 the Leverage Ratio shall have been less than 9.00 to 1 for a period of at least two consecutive quarters, the Borrower will not permit the aggregate number of Subscribers to be less than the following respective numbers for the following respective periods: Period Subscribers ------ ----------- From September 30, 1998 15,000 through December 30, 1998 From December 31, 1998 27,500 through March 30, 1999 From March 31, 1999 39,000 through June 29, 1999 From June 30, 1999 49,000 through September 29, 1999 From September 30, 1999 60,080 through December 30, 1999 From December 31, 1999 72,000 through March 30, 2000 From March 31, 2000 82,000 through June 29, 2000 From June 30, 2000 97,000 through September 29, 2000 From September 30, 2000 112,000 through December 30, 2000 From December 31, 2000 128,000 through March 30, 2001 From March 31, 2001 160,000" and at all times thereafter
Minimum Subscribers. Neither the Parent nor the Borrower will permit the minimum number of Subscribers as of any date set forth below to be less than the number set forth opposite such date: Date Number ---- ------ September 30, 1999 [ * ] December 31, 1999 [ * ] March 31, 2000 [ * ] June 30, 2000 [ * ] September 30, 2000 [ * ] December 31, 2000 [ * ] March 31, 2001 [ * ] June 30, 2001 [ * ] September 30, 2001 [ * ] December 31, 2001 [ * ] March 31, 2002 [ * ] June 30, 2002 [ * ] September 30, 2002 [ * ] * INDICATES CONFIDENTIAL TREATMENT REQUESTED 61 December 31, 2002 [ * ]
Minimum Subscribers. The System will have not less than six ------------------- thousand three hundred (6,300) Basic Subscribers (as defined in Section 4.2) as of the Closing; provided, however, that in the event the System has fewer than six thousand three hundred (6,300) Basic Subscribers as of Closing and Buyer agrees to limit the amount of the actual adjustment to the Purchase Price pursuant to Section 4.1.4 to $527,450 (the product of One Thousand Five Hundred Seven Dollars ($1,507.00) and Three Hundred Fifty (350), then the condition set forth in this Section 10.9 shall be deemed waived by Seller.
Minimum Subscribers. The aggregate number of Equivalent Basic Subscribers served by the System as of the Closing Date shall not be less than 17,955.
Minimum Subscribers. As of the Closing Date, the Business shall have Closing Subscribers of not less than 6,000, as evidenced by such Company documentation as Pegasus may request (including the DBS Wholesale Invoice issued by NRTC for the most recent billing cycle).
Minimum Subscribers. As of the Closing Date, the Business shall have total Subscribers of not less than 4,000, as evidenced by such Seller documentation as Purchaser may request (including the DBS Wholesale Invoice issued by NRTC for the most recent billing cycle). 7.8
Minimum Subscribers. Permit the number of Subscribers on the last day ------------------- of any month on or after any date set forth below that is on or after the date the Borrower acquires subscribers pursuant to the Asset Purchase Agreement (the "Subscriber Acquisition Date") to be less than the number of Subscribers set forth opposite such date: Date Minimum Subscribers ---- ------------------- Subscriber Acquisition Date 32,500 03/31/00 32,500 06/30/00 36,000 09/30/00 40,000 12/31/00 47,500 03/31/01 55,000 06/30/01 70,000 09/30/01 90,000 12/31/01 115,000 03/31/02 135,000 06/30/02 150,000 09/30/02 165,000 12/31/02 190,000 88 Date Minimum Subscribers ---- ------------------- 03/31/03 220,000 06/30/03 240,000 09/30/03 255,000 12/31/03 300,000 03/30/04 320,000 06/30/04 340,000 09/30/04 355,000 12/31/04 and thereafter 400,000
Minimum Subscribers. As of the Closing Date, the Broadband Business shall have no fewer than 890 Subscribers.
Minimum Subscribers. The Borrower shall not have fewer ------------------- Subscribers as of each of the dates indicated below than the number indicated below opposite each such date: Date Number of Subscribers -------------------- --------------------- [*] [*] --------------------------------------------------------------------------- * CONFIDENTIAL INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SEC [*] [*]
Minimum Subscribers. A minimum number of Subscribers (measured monthly) of not less than the following:
a. 30,300, from the Closing Date through July 30, 1997; and