Examples of Line Term in a sentence
For customers who subscribe to a new Sprint Access Term Agreement, the term of the access line expires when the Local Access Line Term Agreement expires.
In other words, EIRF = amount of Economic Inducement x # months left in the Line Term ÷ total # months in the Line Term + applicable taxes.
An Economic Inducement Recovery Fee (“EIRF”) applies if Rogers provided an Economic Inducement when the Line Term was agreed to, and if the Line is terminated prior to the end of the Line Term.
The EIRF is equal to the amount of the Economic Inducement multiplied by the number of months remaining in the Line Term at the time of termination divided by the total number of months of the Line Term (plus applicable taxes).
If you wish to upgrade a Device prior to the end of the Line Term (but not during the one-month period following the activation of the Device), a one-time charge for the applicable Line applies for each month remaining in the Line Term, the Line Term will end and a new Line Term will start.
The Financing Agreement provides for some of the agreements between the Borrowers and the Lender with respect to the “Loans” (as defined in the Financing Agreement), including (i) a revolving credit facility in the maximum principal amount of $25,000,000 and (ii) an Acquisition Line under which an advance evidenced by an Acquisition Line Term Note is outstanding and no further advances are to be made.
If you choose to downgrade a Line to a core price plan with a lower tier of hardware subsidy eligibility during the Line Term, then you will be charged a one-time hardware downgrade fee.
You may have to extend a Line Term if you take advantage of certain promotions or services, or if you upgrade a Device at a discount.
The parties acknowledge and agree that the Economic Inducement Recovery Fees are payable by the Customer when a Line is terminated prior to the end of the agreed upon Line Term as a genuine pre-estimate of liquidated damages and not as a penalty.
Throughout the course of construction of any Improvements under the Project on at least a monthly basis during the Line Term, Lender shall have the right to employ, at Borrower’s sole cost and expense as reasonably incurred by Lender, an inspector or inspectors and a construction consulting firm who shall review as Lender for Lender all construction activities reasonably undertaken in regard to the Project.