50% Grant definition
50% Grant has the meaning set forth in Section 1.02.
Examples of 50% Grant in a sentence
At such time as the 50% Grant shall have occurred, then Clearwire shall issue the remaining Equity Consideration, if any, to HITN.
If, however, FCC Licenses have been granted to HITN covering fifty percent (50%) or more of the CPOPs listed on Annex I ("50% Grant"), then Option Consideration for all of the Markets shall be deemed "earned".
Quarterly Grant Reporting - Quarterly reports shall be prepared per the requirements of State of California Department of Water Resource Proposition 50 Grant Funding and Federal funding programs.