Common use of SUBSTITUTION AMOUNT Clause in Contracts

SUBSTITUTION AMOUNT. Clause 2.1 - The amount of the substitution of the SUBSTITUTED INSTRUMENT by this INSTRUMENT OF AUTHORIZATION is R$9,000.00 (nine thousand reais). Sole Paragraph - Lack of payment of installments that are still pending, resulting from assumed commitments, related to the amounts due because of the Concession or Authorization of Cellular Mobile Service - SMC, will imply forfeiture of this Authorization, irrespective of other penalties provided.

Appears in 6 contracts

Samples: Instrument of Authorization (Tele Nordeste Celular Participacoes Sa), Instrument of Authorization (Tele Nordeste Celular Participacoes Sa), Instrument of Authorization (Tele Nordeste Celular Participacoes Sa)

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