Activation Costs definition

Activation Costs means the Seller's good faith estimate of the aggregate backhaul costs, costs relating to carrying network traffic on the PC-1 system and the costs of using network facilities not owned by the Seller or any Acquired Subsidiary, to the extent the same are expected by the Seller to be incurred by the Seller and the Acquired Subsidiaries in connection with the satisfaction of their respective obligations pursuant to the Customer IRU Agreements.
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Examples of Activation Costs in a sentence

  • As of the Closing Date, there will be no material Liabilities of the Seller or any Acquired Subsidiary, other than (i) reflected on or reserved against the Reference Balance Sheet, (ii) set forth in Section 3.08 of the Disclosure Schedule, (iii) incurred in the ordinary course of business after the date of this Agreement, (iv) incurred in connection with the transactions contemplated by this Agreement or (v) the Activation Costs.

  • No later than 5 Business Days after the Closing Date, the Seller shall deliver to the Purchaser the Statement of Closing Cash Balance prepared by the Seller's Accountants on the basis of accounting principles and practices used by the Seller in the preparation of the Financial Statements, which shall, amongst other items, clearly identify the Paid Activation Costs.