Original Airtime Cost of Service Formulas Sample Clauses

Original Airtime Cost of Service Formulas. Except as set forth in Section I.B below, the formulas set forth below in this Section I.A will be used to determine VMU’s Cost of Service under the PCS Services Agreement. For avoidance of doubt, the formulas set forth below in this Section I.A will be used to determine VMU’s Cost of Service in February 2007 to compare Sprint PCSactual Cost of Service for MOU based airtime services during 2006 with the rates charged to VMU during 2006, as described in Section 7.2.1(b) of the PCS Services Agreement. Peak MOU Cost Calculation [Total Wholesale Specific Operating Costs x (1+WACC) Total Billed Wholesale MOUs + Wholesale Specific Depreciation and License Amortization x ( * ) x (1+WACC) Total Billed Wholesale Peak MOUs + Total Network Service-Related Operating Costs x (1+WACC) Total Billed MOUs on Network + Network Depreciation and License Amortization x ( * ) x (1+WACC)] Total Billed Peak MOUs x (1+ Profit Margin %) Off-Peak MOU Cost Calculation [Total Wholesale Specific Operating Costs x (1+WACC) Total Billed Wholesale MOUs + Wholesale Specific Depreciation and License Amortization x ( * ) x (1+WACC) Total Billed Wholesale Off-Peak MOUs + Total Network Service-Related Operating Costs x (1+WACC) Total Billed MOUs on Network + Network Depreciation and License Amortization x ( * ) x (1+WACC)] Total Billed Off-Peak MOUs x (1+ Profit Margin %)
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Related to Original Airtime Cost of Service Formulas

  • Sale of Products; Performance of Services (a) Each product, system, program, or other asset designed, developed, manufactured, assembled, sold, installed, repaired, licensed or otherwise made available by any of the Company or any of its subsidiaries to any person:

  • CONTRACT YEAR The first Contract Year is the period of time ending on the first contract anniversary. Subsequent Contract Years are the annual periods between contract anniversaries.

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Scope of Service See Appendix 1 for the scope of relevant technology service provided by Party B to Party A.

  • Year of Service VESTING. For purposes of vesting under Section 5.03, Year of Service means any 12-consecutive month period designated in the Employer's Adoption Agreement during which an Employee completes not less than the number of Hours of Service (not exceeding 1,000) specified in the Employer's Adoption Agreement. A Year of Service includes any Year of Service earned prior to the Effective Date of the Plan, except as provided in Section 5.08.

  • Term of Service Except as otherwise provided in this Agreement, Atlas shall serve as the Managing General Partner of the Partnership until either it:

  • Years of Service (i) A Participant’s Years of Service shall include all service performed for the Employer and ¨ Shall ¨ Shall Not include service performed for the Related Employer.

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

  • Term of Services The initial term of this agreement is for a two ---------------- year period commencing on January 1, 1999, subject to the termination section of this agreement, with the parties agreeing to confirm any subsequent extension of this initial term in a signed written agreement setting forth any amended or supplemental conditions.

  • Performance of Services The Executive’s employment with the Company shall be subject to the following:

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