Basic Customers definition

Basic Customers means (i) all bona fide Non-Delinquent CATV customers of the Systems (i.e., the first connections) that have paid in full, on a nondiscounted basis (other than senior citizen discounts and seasonal customer discounts), for at least one Monthly Billing Period for the services ordered by the respective customer, and to whom the respective System is rendering its basic (or expanded basic, as the case may be) CATV service (whether or not in conjunction with any tiered or premium services) at that System's then applicable monthly rate therefor, plus (ii) all Basic Customer Equivalents.

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Basic Customers means the number based on an equivalent basic unit base, which shall include customers for economy basic, standard basic, and the equivalent customers derived from the result of the bulk customers revenue divided by the Effective Rate; provided, however, that such result shall be limited by the terms of Section 1.5(e) hereof. "Effective Rate" is the result of the sum of the total ▇▇▇▇▇▇▇▇ from economy basic and standard basic customers, divided by the number of economy basic and standard basic customers. Customers will be included in the calculation if (i) full payment for at least one month of service has been paid by customer, and (ii) the account is not more than sixty (60) days past due from the first day of the month for which services are provided or, if more than sixty (60) days past due, who owe $5.00 or less with respect to the amount due for the period beyond sixty (60) days. Notwithstanding any of the foregoing, if any Basic Customer who has been a customer for less than thirty (30) days prior to the Closing Date disconnects service within ninety (90) days after the Closing Date, Seller shall pay to Buyer a credit for each such customer in an amount calculated in accordance with the calculation provided above in this Section 1.5(c); provided, however, that Seller shall pay Buyer such credit only in the case that Buyer during such ninety (90) day period has not made (i) any rate increases, (ii) any voluntary deletions of any channels, including any deletions within a tier of service, (iii) any changes from Seller's pre-Closing disconnect policies..

Basic Customers has the meaning set forth in the Insight Subscriber Policy.

Examples of Basic Customers in a sentence

• Section 2.08(a) of the Company Disclosure Letter contains the Company’s good faith estimate of the number of Primary Basic Customers served by each Franchise as of June 30, 2011.

• Subject to the provisions of Section 1.5(e), if the number of Basic Customers of the System, as shown on the Estimate Statement, is less than 4,695, the Purchase Price shall be decreased by an amount equal to the product of (i) $2,205.76 times (ii) the difference of (A) 4,695 minus (B) the number of Basic Customers.

• In the event that the Closing Date shall not have occurred on or prior to the Termination Date, each Lender’s Commitment shall automatically terminate at 11:59:59 p.m. New York time on the Termination Date and each Lender shall upon such termination have no further obligation to make the Loans.

• The Purchaser shall have received a signed certificate of the Company certifying and representing that there are at least 2,700 Basic Customers immediately prior to the Effective Time, of which at least 1,400 must be AV Subscribers and at least 858 are either HSD Subscribers or AV Subscribers that also subscribe to high-speed data services.

• Schedule 4.9 hereto sets forth information as of March ------------ 31, 1999 with respect to an estimate of the number of Individual Basic Customers and Basic Customer Equivalents.

• Within ninety (90) days after the Closing Date, Buyer shall deliver to Seller a certificate (the "Adjustment Certificate") setting forth any changes (based on actual amounts as of the Closing Date including the number of Basic Customers) in the adjustments made at Closing pursuant to Section 1.5, together with a copy of any working papers or other documents relating to the Adjustment Certificate or other documents supporting the Adjustment Certificate as Seller may reasonably request.

More Definitions of Basic Customers

Basic Customers means, as of any date of determination, without duplication the sum of: (i) any DirecTV digital subscriber on the Company's signal distribution network that DirecTV considers an "active" customer and for which the Company receives a monthly residual payment from DirecTV ("DTV Subscriber"), (ii) any analog video subscriber billed by the Company at least $29.00 per month for such service ("AV Subscriber"), and (iii) any community access video subscriber also subscribing to the Company's high-speed data services billed by the Company at least $40.00 per month for such services ("HSD Subscriber"); provided, however, that to be counted as a Basic Customer, a customer (a) shall subscribe for services in Texas, (b) shall be in good standing with the Company and shall not be more than sixty (60) days past due on any invoice (or more than seventy-five (75) days past due after any invoice date), (c) shall not have received, nor provided the Company with, a notice of disconnection (without subsequent payment of all past due amounts and reconnection prior to the date of determination) and (d) shall not have been added as a customer pursuant to a promotional offer with respect to which the promotional rate or promotional discount extends beyond the Closing Date, except that notwithstanding the foregoing, any AV Subscriber that also subscribes to the Company's high-speed data services may be offered a promotional discount of up to $10.00 per month (which may continue indefinitely) as set forth in the Company's standard marketing materials and such subscriber shall be a Basic Customer for purposes of this Agreement.