Subscriber reserves definition

Subscriber reserves means those reserves held by the corporation for the protection of subscribers that are the excess of the corporation's assets over its liabilities as set forth in the annual statement of the corporation as of December 31st of the year next preceding the making of the investment or contained in an audited financial report, as defined in Title 24‑A, section 221‑A, of more current origin prepared on the basis of statutory accounting principles; [PL 2001, c. 72, §2 (AMD).]
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Examples of Subscriber reserves in a sentence

  • Subscriber reserves the right, at its sole election, to immediately terminate this Agreement or an Exhibit A without limitation and without liability if Subscriber reasonably determines that Service Provider fails or has failed to meet its obligations under this Section.

  • If the Vendor fails to promptly cure the defect or replace the Deliverables, the USETPA Subscriber reserves the right to cancel the Purchase Order, contract with a different Vendor, and to invoice the original Vendor for any differential in price over the original Contract price.

  • Subscriber reserves the right to decline use of new functionality or modules that require additional fees.

  • The Subscriber reserves the right to change the coordinator as needed by giving written notice to TASB.

  • As between Procurant and Subscriber, Subscriber reserves all rights and retains title and full ownership of Subscriber Data, and all intellectual property rights therein, under all applicable laws of the United States and any other applicable state or foreign laws.

  • However, the Subscriber reserves the rights as shareholder to make changes in the future to the above, subject to compliance with all applicable rules and regulations.

  • This subscription is irrevocable except that the Subscriber reserves the right to withdraw this subscription and to terminate its obligations hereunder at any time before the First Closing Date if the Agents terminate their obligations with respect to this Offering under the Agency Agreement.

  • The Subscriber reserves the right to waive this condition if the Whitewash Waiver is not granted or the condition(s) of the Whitewash Waiver is/are not fulfilled.

  • All Subscriber Data shall remain the property of Subscriber and Subscriber reserves all rights therein and thereto, subject to the rights and licenses granted herein.

  • As at the Latest Practicable Date, the Subscriber has no intention to waive such condition save that the Subscriber reserves its rights to waive the conditions relating to the Independent Shareholders’ approval as regards the Subscription and the Whitewash Waiver, and the granting of the Whitewash Waiver by the Executive.

Related to Subscriber reserves

  • road reserve means the area contained within the statutory width of a road, and includes roadways, shoulders and sidewalks and the airspace above such roadways, shoulders and sidewalks and all other areas within the road reserve boundary;

  • CDSX means the settlement and clearing system of CDS Clearing and Depository Services Inc. for equity and debt securities in Canada;

  • Digital Subscriber Line (DSL) means as defined in Attachment 14 - xDSL Loops.

  • Digital Subscriber Line (DSL) is as defined in the applicable Appendix DSL and/or the applicable tariff, as appropriate.

  • Working Capital Reserve means a cash reserve held in the Operating Account that is readily available to Manager during the Term to finance the services, repairs and maintenance described in Section 5.2 including Minor Capital Expenditures and Major Capital Expenditures, insurance premiums for the Property described in Section 9.1, and utilities for the Property, in such amounts as determined by the Owner in its sole discretion.

  • Subscriber Management System means a system or device which stores the subscriber records and details with respect to name, address and other information regarding the hardware being utilized by the subscriber, channels or bouquets of channels subscribed by the subscriber, price of such channels or bouquets of channels as defined in the system, the activation or deactivation dates and time for any channel or bouquets of channels, a log of all actions performed on a subscriber’s record, invoices raised on each subscriber and the amounts paid or discount allowed to the subscriber for each billing period;

  • Day-ahead Scheduling Reserves Resources means synchronized and non-synchronized generation resources and Demand Resources electrically located within the PJM Region that are capable of providing Day-ahead Scheduling Reserves.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Share Reserve means the number of shares available for issuance under the Plan as set forth in Section 2(a).

  • CDSL means Central Depository Services (India) Ltd.

  • Operating Reserve means generation capacity or load reduction capacity which can be called upon on short notice by either Party to replace scheduled energy supply which is unavailable as a result of an unexpected outage or to augment scheduled energy as a result of unexpected demand or other contingencies.

  • Capital Reserves means, for any period and with respect to a Property, an amount equal to (a) $0.05 per square foot times (b) a fraction, the numerator of which is the number of days in such period and the denominator of which is 365. If the term Capital Reserves is used without reference to any specific Property, then the amount shall be determined on an aggregate basis with respect to all Properties of the Trust and its Subsidiaries and a proportionate share of all Properties of all Unconsolidated Affiliates.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).

  • Capital Reserve means, as of any date of determination, an amount equal to the product of (i) $0.25 multiplied by (ii) the square footage of all Real Properties on such date.

  • PDP Reserves means Proven Reserves which are categorized as both "Developed" and "Producing" in the definitions promulgated by the Society of Petroleum Evaluation Engineers and the World Petroleum Congress as in effect at the time in question.

  • Subscriber Agreement means an agreement that governs the issuance and use of a Certificate that the Applicant must read and accept before receiving a Certificate.

  • Average Active Subscriber Base means the number arrived by averaging the active subscriber base count in the manner specified in the Schedule VII of the Regulation.

  • Cash Reserve means for any Financed Receivable which has been paid in full during a Monthly Period, the amount by which the amount(s) paid on such Financed Receivable exceeds the Advance made on such Financed Receivable.

  • Yield Reserve means, on any date, an amount equal to: (a) the Capital at the close of business of the Servicer on such date multiplied by (b)(i) the Yield Reserve Percentage on such date divided by (ii) 100% minus the Yield Reserve Percentage on such date.

  • Spinning Reserve means the ability to immediately and automatically increase generation or reduce demand in response to a fall in frequency;

  • Working Capital Escrow Amount means $1,000,000.

  • SLDC means the State Load Dispatch Center as notified by the State Government.

  • Working Capital Shares shall have the meaning given in the Recitals hereto.

  • Extended Summer Resource Price Adder means, for Delivery Years through May 31, 2018, an addition to the marginal value of Unforced Capacity as necessary to reflect the price of Annual Resources and Extended Summer Demand Resources required to meet the applicable Minimum Extended Summer Resource Requirement.

  • Working Capital Warrants shall have the meaning given in the Recitals hereto.

  • Minimum Subscription means the minimum subscription from time to time specified in the Prospectus.