Revised Definition of License Fee Sample Clauses

Revised Definition of License Fee. For the Extension Term, the definition of “License Fee” shall mean and refer to the following monthly amounts: Number of Carriers Operating on the Wireless Communications Access System Monthly License Fee Amount For up to two carriers (i.e. Licensee + 1 other carrier) $16,666.66 For three carriers (i.e. Licensee + 2 other carriers) $25,000.00 For four carriers (i.e. Licensee + 3 other carriers) $33,333.33 For five carriers (i.e. Licensee + 4 other carriers) If the fifth carrier is signed ninety (90) days or less after the approval of this Amendment by the Port Commission, and first operates on the WCAS before the 7/1/2010, and continues to operate thereafter for not less than three (3) months. $40,000.00 If the fifth carrier is signed more than ninety (90) days after the approval of this Amendment by the Port Commission or does not first operate on the WCAS before 7/1/2010 or does not operate thereafter for three (3) months $41,666.66 For sixth carrier and each additional carrier thereafter, If the fifth carrier was signed ninety (90) days or less after the approval of this Amendment by the Port Commission and first operated on the WCAS before 7/1/2010 and operated thereafter for not less than three (3) months. Add’l $8,000.00/carrier If the fifth carrier was signed more than ninety (90) days after the approval of this Amendment by the Port Commission or did not first operate on the WCAS before 7/1/2010 or did not operate thereafter for three (3) months Add’l $8,333.33/carrier For purposes of this Section, the phrase “carrier operating on the Wireless Communications Access System” shall mean a carrier that has access to the WCAS and the ability to broadcast its signal over the WCAS and shall include Licensee. For purposes of this Section, “signed” shall mean that both Licensee and the carrier operating on the Wireless Communications Access System have executed a written agreement for the carrier’s access to, and ability to broadcast its signal over, the WCAS, whether or not the carrier has, in fact, begun operating on the Wireless Communications Access System.
Sample 1
AutoNDA by SimpleDocs

Related to Revised Definition of License Fee

  • SECTION I - DEFINITIONS As used in this Agreement, the following terms shall have the meanings ascribed herein unless otherwise stated or reasonably required by the Agreement, and other forms of any defined words shall have a meaning parallel thereto.

  • Specific Definitions The following terms used in this Agreement shall have the following meanings:

  • Definition of Lay-Off A lay-off shall be defined as a lack of work, reduction in the work force or a reduction in the regular hours of work as defined in this Agreement.

  • 000 DEFINITIONS 6.100 Maintenance shall be work performed for the repair, renovation, revamp and upkeep of property, machinery and equipment within the limits of the plant property.

  • 020 Definitions The following definitions shall be applicable to this chapter:

  • Definition of Layoff A layoff shall be defined as a reduction in the work force or a reduction in the regular hours of work as defined in this Agreement.

  • NEGOTIATED DEFINITIONS Wherever used in Articles IV, V, and VI, the following terms shall have the following meanings, unless the context in which used clearly indicates another meaning or otherwise; provided however, if there is a conflict between a term defined in this section and a term defined in the Act, the Comptroller’s Rules, or Section 1.1 of Agreement, the conflict shall be resolved by reference to Section 10.9.C.

  • Master Definitions Supplement All terms and expressions used in this Agreement shall have the same meaning as those contained in the Master Definitions Supplement to the CAISO Tariff.

  • Standard Definitions As used herein with respect to Designated Preferred Stock:

  • Key Definitions As used herein, the following terms shall have the following respective meanings:

Time is Money Join Law Insider Premium to draft better contracts faster.