Subscriber Adjustment. If the actual number of Target's Equivalent Basic Subscribers on the Closing Date exceeds or is less than 10,790 by more than three percent (3%), the Preliminary Merger Consideration shall be increased by the excess or decreased by the deficiency, as the case may be, by multiplying the excess or deficiency in the number of such customers by $3,150.00.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Tca Cable Tv Inc)
Subscriber Adjustment. If the actual number of Target's Equivalent Basic Subscribers on the Closing Date exceeds or is less than 10,790 9,420 by more than three percent (3%), the Preliminary Merger Consideration shall be increased by the excess or decreased by the deficiency, as the case may be, by multiplying the excess or deficiency in the number of such customers by $3,150.00.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Tca Cable Tv Inc)
Subscriber Adjustment. If the actual number of Target's Equivalent Basic Subscribers on the Closing Date exceeds or is less than 10,790 2,970 by more than three percent (3%), the Preliminary Merger Consideration shall be increased by the excess or decreased by the deficiency, as the case may be, by multiplying the excess or deficiency in the number of such customers by $3,150.00.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Tca Cable Tv Inc)