Common use of Third Checkpoint Clause in Contracts

Third Checkpoint. If, by June 30, 2012, Franchisee has achieved a cumulative video penetration rate in the Franchise Area which is less than twenty-five percent (25%), then: Franchisee will be granted a twelve (12) month extension to complete final City-wide deployment and service availability, with the annual per borough deployment schedule from the date of such Checkpoint being proportionately extended to reflect the extended final completion date.

Third Checkpoint. If, by June 30, 2012, Franchisee has achieved a cumulative video penetration rate in the Franchise Area which is less than twenty-five percent (25%), then: Franchisee will be granted a twelve (12) month extension to complete final City-wide deployment and service availability, with the annual per borough deployment schedule from the date of such Checkpoint checkpoint being proportionately extended to reflect the extended final completion date.