Bonus Airtime definition

Bonus Airtime means the Airtime that You will receive each month that We successfully collect a debit from you and each time you recharge Your Sim Card with a Cell C voucher (Purchased Airtime). The Bonus Airtime will always be an amount of Airtime equivalent to the Rand value of the monthly Fee or the Purchased Airtime.

Examples of Bonus Airtime in a sentence

  • Bonus Airtime will be activated from the successful collection of Your monthly membership Fee and available for a period of 30 days, after which it expires (if You do not use it in this time You will lose it).

  • Should Your monthly membership Fee be disputed or for whatever reason reversed Your Bonus Airtime will also be reversed.

  • Each time we successfully collect a monthly membership Fee from You, Your Sim Card will be automatically loaded with the equivalent Bonus Airtime awards.

  • Each time You Purchase Airtime (this must be a Cell C recharge voucher) and load this Airtime on Your Sim Card (this must be The Unlimited Sim Card associated with this Product) You will receive the Bonus Airtime awards equivalent to the amount of Purchased Airtime loaded onto the Sim Card.

  • This Bonus Airtime must be used on the Unlimited Sim Card and cannot be used on other sim cards associated with other network providers or device numbers.

  • The STATE may offset against any monies or other obligations that STATE owes to the PROVIDER under this Contract, any amounts owed to the State of Hawai„i by the PROVIDER under this Contract, or any other contract, or pursuant to any law or other obligation owed to the State of Hawai„i by the PROVIDER, including but not limited to the payment of any taxes or levies of any kind or nature.

  • This Bonus Airtime cannot be exchanged or converted into data bundles.

  • Airtime will be first from Your Bonus Airtime before Your Purchased Airtime.

Related to Bonus Airtime

  • Bonus means the bonus described in the Section 2.3.

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive’s Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive’s target annual incentive bonus for the year in which the Date of Termination occurs.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.

  • Bonus Payment means a cash payment in an amount equal to the sum of (i) all Excise Taxes payable by Executive, plus (ii) all additional Excise Taxes and federal or state income taxes to the extent such taxes are imposed in respect of the Bonus Payment, such that Executive shall be in the same after-tax position and shall have received the same benefits that he would have received if the Excise Taxes had not been imposed. For purposes of calculating any income taxes attributable to the Bonus Payment, Executive shall be deemed for all purposes to be paying income taxes at the highest marginal federal income tax rate, taking into account any applicable surtaxes and other generally applicable taxes which have the effect of increasing the marginal federal income tax rate and, if applicable, at the highest marginal state income tax rate, to which the Bonus Payment and Executive are subject. An example of the calculation of the Bonus Payment is set forth below: Assume that the Excise Tax rate is 20%, the highest federal marginal income tax rate is 40% and Executive is not subject to state income taxes. Further assume that Executive has received an excess parachute payment in the amount of $200,000, on which $40,000 in Excise Taxes are payable. The amount of the required Bonus Payment is thus $100,000. The Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute payment.

  • Bonus Period means the period for which a Bonus is payable. Unless otherwise specified by the Board, the Bonus Period shall be the fiscal year of the Company.