Commercial Activation definition
Examples of Commercial Activation in a sentence
Other than as stipulated herein or as may be otherwise agreed upon by the Parties, title to the Products hereby supplied shall be transferred to PRINCIPAL upon delivery thereof by CONTRACTORS, risk of loss being transferred upon the Commercial Activation of each Network Element, other than in the case of intellectual property owned by CONTRACTORS, as provided for in this AGREEMENT.
The support by Motorola shall end on the Commercial Activation Date.
Unless otherwise provided herein or otherwise agreed upon between the Parties, the title over the Products that are the subject matter of this supply shall be transferred to the CONTRACTING PARTIES upon their delivery by the CONTRACTORS and the risk of loss can be transferred after the TAI (Term of Initial Acceptance) issue or the Commercial Activation by the CONTRACTING PARTIES, except for the title over the CONTRACTORS’ intellectual rights, as provided in this AGREEMENT.
Motorola shall earn Warrants on the entire Motorola Exposure from and after the Commercial Activation Date.
Other than as stipulated herein or as may be otherwise agreed upon by the PARTIES, title to the Products hereby supplied shall be transferred to the CONTRACTING PARTIES upon delivery by the CONTRACTED PARTIES, risk of loss being transferred upon Commercial Activation of each Network Element, other than in the case of intellectual property belonging to the CONTRACTED PARTIES, which shall observe the provisions herein.
At Commercial Activation, Iridium will initiate revenue generating calls across the IRIDIUM network.
Prior to the Commercial Activation Date, Motorola shall not be eligible to earn Warrants relating to more than (i)11,250,000 Shares with respect to the first $749,999,999 in Motorola Exposure and (ii) 3,750,000 Shares with respect to the additional amounts between and including $750,000,000 and $1,100,000,000 in Motorola Exposure, in each case subject to antidilution adjustments in accordance with the terms of the Warrants.
Thirty per cent (30%) of the AGREEMENT’s total value, as per item 7.6, to be paid on a prorated basis, by Site, taking into account the table included in item 8.1.1. 2 Issuance of the Statement of Initial Acceptance of the System that is the subject-matter of the AGREEMENT or Commercial Activation of each Site, as defined in Attachment III, whichever takes place first.
Motorola shall support the Subscriber Trials with the SCS and GTAC resources determined to be appropriate during the Joint Monthly Commercial Activation Review as referenced in 8.0 B.3. above.
At Commercial Activation, an Iridium subscriber will be able to buy service, be provisioned on the IRIDIUM network, and be billed correctly for the services purchased and use of the network.