Primary Basis definition

Primary Basis means the nature of a right granted to the holder of a Radio Spectrum Licence, pursuant to which the licensee is the only Person authorized to use the specified frequencies who is also entitled to protection from: (1) Harmful Interference caused by any other licensee who may be authorized to use the same spectrum on a Secondary Basis; and (2) claims of Harmful Interference by any such licensee;
Primary Basis means that the Realisation Amount shall be applied (following payment of all amounts due to the Trustee under or pursuant to the Trust Deed as aforesaid) first, pro rata and on a pari passu basis in meeting the claims of the Noteholders, the Receiptholders and the Couponholders under the Notes, the Receipts and the Coupons (if applicable, applied in accordance with the relevant ranking of each Class within a Series) and thereafter in meeting the claims of each Swap Counterparty (if any) under each Swap Agreement pro rata and on a pari passu basis;
Primary Basis means the nature of a right granted to the holder of a Radio Spectrum Licence, pursuant to which the licensee is the only Person authorized to use the specified frequencies;

Examples of Primary Basis in a sentence

  • Coverage shall include Garage Liability and Garage Keepers on a Direct Primary Basis, including Auto Physical Damage, with limits of not less than $1,000,000 each accident Bodily Injury and Property Damage combined liability and Actual Cash Value auto physical damage.

  • Coverage shall include Garage Liability and Garage Keepers on a Direct Primary Basis, including Auto Physical Damage, with limits of not less than $1,000,000 for each Garage Keepers and Garage Liability, including Bodily Injury and Property Damage combined liability and Actual Cash Value auto physical damage.

  • Also, the coverage provided to the Owner as an Additional Insured shall be written on a Primary Basis.

  • If the Actual Treatment Cost for any year is greater than or equal to [typically 110%] percent or less than or equal to [typically 90%] percent of the Calculated Treatment Cost, the Department will calculate a new Primary Basis Valuation using the Formula and the newly determined Actual Treatment Cost.

  • Coverage shallinclude Garage Liability and Garage Keepers on a Direct Primary Basis, including Auto Physical Damage, with limits of not less than $1,000,000 each accident Bodily Injury and Property Damage combined liability and Actual Cash Value auto physicaldamage.

  • Coverage shall include Garage Liability and Garage Keepers on a Direct Primary Basis, including Auto Physical Damage, with limits of not less than$1,000,000 each accident Bodily Injury and Property Damage combined liability and Actual Cash Value auto physical damage.

  • Lynnwood shall be Additional Insured on a Primary Basis for the General Liability coverage without limitation, and shall include others if required by the Contract documents.

  • However, the amount of surplus funds transferred to the Primary Trust Account may exceed [Operator’s] obligation under paragraph 7.g. if additional funds are needed so that the Primary Trust Valuation equals the Primary Basis Valuation.

  • A new Primary Target Valuation will then be determined by calculating [typically 116%] percent of the new Primary Basis Valuation.

  • Agenda Item 1.1 (Cont’d 1) Some of the Bands under consideration ( the “Candidate Bands” ) under the Agenda Item are in the C-Band which is a part of the spectrum traditionally allocated to Satellite Services on a Primary Basis.


More Definitions of Primary Basis

Primary Basis means that the Realisation Amount (or such part thereof) shall be applied (following payment of (1) all amounts due to the Trustee under or pursuant to the Trust Deed, including any costs, expenses and taxes incurred in respect of the relevant Series in connection with enforcement or realisation in accordance with the Trust Deed or any Charging Document, and (2) all amounts due to the Principal Paying Agent, the Custodian, any Paying Agent and the Redemption Agent (pari passu and pro rata among them) under or pursuant to the Agency Agreement) first, pro rata and on a pari passu basis in meeting the claims of the Noteholders, the Receiptholders and the Couponholders under the Notes, the Receipts and the Coupons then outstanding (if applicable, applied in accordance with the relevant ranking of each Class within a Series) and thereafter in meeting the claims of the Swap Counterparty (if any) under the Swap Agreement;
Primary Basis means a primary service has priority over all other users of the spectrum band and is entitled to protection from harmful interference by other services;
Primary Basis means the nature of a right granted to the holder of a Radio SpectrumLicense, pursuantto which the Licensee is the only Person authorized to use the specified frequencies on a Primary Basis, and that is also entitled to protection from:

Related to Primary Basis