Significant Account definition

Significant Account means an Authorized Dealer or a Customer that (i) has one or more Finance Contracts with an aggregate accounting net investment balance in excess of *** (ii) has been designated by BCS as a Global account, or (iii) has been reasonably designated by BCS as a "Significant Account" by notice to LTPF.
View Source
Significant Account means a customer (which may be an Authorized Dealer or a Customer) of a Company Entity (i) which has acquired Products with an aggregate purchase price exceeding $10,000,000 in the most recent calendar year or which can reasonably be expected to acquire Products with an aggregate purchase price exceeding such amount in the current calendar year and (ii) has been designated by such Company Entity as a "Significant Account" by written notice to Capital.
View Source
Significant Account means a property with 50 or more Subscribers to which the Company provides programming or services and any property to which programming or services are provided on a bulk basis. A Significant Account shall be considered to be ADDED if the Company, or Buyer or its affiliates, commences providing programming or servicing to such property after Closing and such property is listed as a Prospect on the Closing Subscriber Certificate delivered at Closing. A Significant Account shall be considered to be LOST if the Company, or Buyer or its affiliates, do not provide programming or services to the property as of the Adjustment Date and the Company's right of entry to such property terminated as a result of nonrenewal and such property was listed as a Significant Account on the Closing Subscriber Certificate. The Purchase Price shall be adjusted upwards by the amount of $430 (Four Hundred and Thirty Dollars) per Subscriber on the Adjustment Date Certificate at each Significant Account that has been added since the Closing. The Purchase Price shall be adjusted downwards by the amount of $430 (Four Hundred and Thirty Dollars) per Subscriber on the Closing Date Certificate at each Significant Account that has been lost since the Closing. All adjustments shall be effectuated on the Second Closing Date as provided in Section 9(d).
View Source

Examples of Significant Account in a sentence

  • No later than December 15, 2004, Buyer shall deliver to Sellers a certificate (the "Adjustment Date Certificate") listing all Subscribers, each Significant Account and the number of Subscribers at each Significant Account as of November 30, 2004 (the "Adjustment Date").

  • The Purchase Price shall be adjusted upwards by the amount of $430 (Four Hundred and Thirty Dollars) per Subscriber on the Adjustment Date Certificate at each Significant Account that has been added since the Closing.

  • A Significant Account shall be considered to be LOST if the Company, or Buyer or its affiliates, do not provide programming or services to the property as of the Adjustment Date and the Company's right of entry to such property terminated as a result of nonrenewal and such property was listed as a Significant Account on the Closing Subscriber Certificate.

  • A Significant Account shall be considered to be ADDED if the Company, or Buyer or its affiliates, commences providing programming or servicing to such property after Closing and such property is listed as a Prospect on the Closing Subscriber Certificate delivered at Closing.

  • The Purchase Price shall be adjusted downwards by the amount of $430 (Four Hundred and Thirty Dollars) per Subscriber on the Closing Date Certificate at each Significant Account that has been lost since the Closing.

  • A "Significant Account" shall mean a property with 50 or more Subscribers to which the Company provides programming or services and any property to which programming or services are provided on a bulk basis.

Related to Significant Account

  • Dormant Account means the Customer’s trading account in which there have been no trades for a period of more than 60 Calendar days.

  • Relevant Accounts means, in respect of any Interest Payment Date, the most recently published audited unconsolidated annual financial statements of UBS Group AG prepared in accordance with the Swiss Code.

  • Participant Account means an account established under this contract for a Participant. Contributions received by AUL shall be credited to Participant Accounts as AUL is directed in writing.

  • Merchant Account means the merchant account facility agreed between you and the Merchant Acquiring Bank.

  • Joint Account means an Account opened in more than one name;