Active SIM definition
Examples of Active SIM in a sentence
Any under-performance exceeding three percent (3%) of Active SIM Card Penetration will reduce the IDC II to zero.
For the avoidance of doubt, an Active SIM Card Penetration of sixty three percent (63%) will reduce the IDC II from Twenty Five Million (€25,000,000) by Two Million Five Hundred Thousand (€2,500,000) to Twenty Two Million Five Hundred Thousand (€22,500,000), while a sixty one percent (61%) Active SIM Card Penetration will yield an IDC II of Seventeen Million Five Hundred Thousand (€17,500,000).
The IDC II will be zero for any Active SIM Card Penetration of below sixty one percent (61%).
For purposes of illustration, this implies that an under-performance of Hundred Fifty Thousand (150,000) Active Company SIM Cards and one percent (1%) Revenue Market Share can be compensated for by an incremental four percent (4%) Active SIM Card Penetration.
The assessment of the compliance of the conditions under Clauses 2.5.2(b)(I) through (III) (the “Market Performance Thresholds II”) shall be drawn up by the Company by applying the same measurement principles as applied in Exhibit 2.5.2(i) (Formula for Determining Active SIM Card Penetration II), Exhibit 2.5.2(ii)(Formula for Determining the Revenue Market Share II) and Exhibit 2.5.2(iii) (Formula for Determining Active Company SIM Cards II), respectively.
For purposes of illustration, this implies that an under-performance of One Hundred Thirty-Nine Thousand Eight Hundred (139,800) Active Company SIM Cards and one percent (1%) Revenue Market Share can be compensated for by an incremental four percent (4%) Active SIM Card Penetration.