Examples of Galaxy Mexico in a sentence
If the number of Bad Qualifying Subscribers as of the Measurement Date is greater than 8,000 (the amount of such excess being referred to as the “ Installation Excess”), then, in accordance with this Section 2, Galaxy Mexico shall pay to Novavisión an amount in cash equal to the product of (x) the Installation Excess, multiplied by (y) the sum of (A) US$50 and (B) an amount equal to the Box Failure Percentage multiplied by US$100 (such product, the “Installation Excess Payment”).
Within five (5) Business Days of the final determination pursuant to Section 2(f) of each Post-Migration Payment (i) Novavisión shall pay the unpaid portion of the Subscriber Excess Payment, if any, to Galaxy Mexico and (iii) Galaxy Mexico shall pay the unpaid portion of any Subscriber Deficit Payment, Installation Excess Payment, the Non-Qualifying Payment and the Sign-up Fee Payment, if any, to Novavisión.
If the number of Good Subscribers as of the Measurement Date is greater than 180,000 (the amount of any such excess being referred to as the “ Subscriber Excess”), then, in accordance with this Section 2, Novavisión shall pay to Galaxy Mexico an amount in cash equal to (x) the Subscriber Excess, multiplied by (y) Ps.5,724.03 multiplied by (z) the Inflation Factor, determined as of the Determination Date (such amount, the “Subscriber Excess Payment”).
If there are any Bad Non-Qualifying Subscribers as of the Measurement Date, then, in accordance with this Section 2, Galaxy Mexico shall pay to Novavisión an amount in cash equal to (x) US$190 multiplied by (y) the total number of Bad Non-Qualifying Subscribers as of the Measurement Date (the “ Non-Qualifying Payment”).
Novavisión and Galaxy Mexico shall negotiate in good faith to resolve any Dispute regarding the amount of each Post-Migration Payment, and any resolution of such Dispute agreed to in writing by Novavisión and Galaxy Mexico shall be binding on the Parties.
Subject to applicable law, News shall cause Galaxy Mexico to afford to the officers, employees and authorized representatives of Innova reasonable access during normal business hours, upon reasonable advance notice, to all information concerning the Active Subscribers on the Subscriber List as may be necessary or appropriate to afford Novavision the benefits of purchasing the Subscriber List.
The purchase price payable by Novavisión to Galaxy Mexico for the Subscriber List shall be payable by delivering to Galaxy Mexio two duly executed promissory notes in the original principal amount of Ps.144,112,485.47, and Ps.476,999,719.53, respectively (the “Notes”).
Notwithstanding anything to the contrary in this Section 2(f), (i) Galaxy Mexico shall be entitled to receive payment of the Subscriber Excess Payment, and (ii) Novavisión shall be entitled to receive payment of the Subscriber Deficit Payment, the Installation Excess Payment, the Non-Qualifying Payment and the Sign-up Fee Payment, in each case in whole or in part, to the extent any portion thereof is not then the subject of a Dispute between the Parties pursuant to this Section 2(f).
During the 45-day period following the delivery by Novavisión to Galaxy Mexico of the Measurement Date Statement (the “ Review Period”), Novavisión shall give Galaxy Mexico and its representatives reasonable access to any books of account or other records of Innova or its subsidiaries, including access to the relevant subscriber management system, necessary or appropriate to verify the Measurement Date Statement and the calculations therein.
If Novavisión and Galaxy Mexico are unable to resolve any Dispute within 15 days after delivery by Galaxy Mexico to Novavisión of any written notice of such Dispute, then the Dispute shall be determined through arbitration in accordance with Section 4.