Complete Refund definition

Complete Refund at Section 11.01(g). "Conditional Access Management Center Services Agreement" at the Recitals.
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Complete Refund means HCG's refund to NRTC of all Committed Member Payments actually paid to HCG, and not previously refunded to NRTC, with no right to set-off except only to deduct any payments owing to HCG under other provisions of this Agreement specifically creating such payment obligations and as provided in Section 3.10(d). Any Complete Refund owed by HCG to NRTC shall be paid within fifteen (15) business days following the date on which the right to a Complete Refund arises. Upon HCG's provision of a Complete Refund, any and all Committed Member obligations to make Second Payments automatically shall be extinguished.
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Complete Refund means HCG's refund to NRTC of all Committed Member Payments actually paid to HCG, and not previously refunded to NRTC.
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Examples of Complete Refund in a sentence

  • The parties acknowledge and agree that the sole consequence of (and HCG's sole liability regarding) HCG's breach of such representation and warranty, shall be HCG's obligation to provide a Complete Refund or Partial Refund pursuant to and as applicable under Section 11.01(i).

  • Upon such timely termination by NRTC, HCG shall provide NRTC with a Complete Refund.

  • Prior to the release or payments of any funds by NRTC to HCG hereunder (excluding any payments into the Escrow Account), HCG shall provide NRTC with further assurance that HCG has the ability to promptly provide NRTC with a Complete Refund and/or a Partial Refund pursuant to the provisions of Section 11.

  • Nothing in this Section 6.03(d) modifies NRTC's right to terminate this Agreement pursuant to Section 11.01 and obtain a Complete Refund, or a Partial Refund, as appropriate.

  • Upon such a timely termination by NRTC, HCG shall provide NRTC with a Complete Refund.

  • Nothing in this Section 12.01, however, shall be deemed to alter NRTC's absolute rights to terminate this Agreement as set forth in Section 11.01 and obtain, if applicable, a Complete Refund thereunder, or to receive Late Commencement Fees under Section 4.02 in certain circumstances.

  • If on or after April 1, 1994, the Transponder Capacity is Available and other components of the DBS Distribution Services (i.e., the Ground Services, the TT&C Services, the Security Services, and/or the Programming Services) have not completed Acceptance, the NRTC may terminate this Agreement and HCG shall provide NRTC with a Complete Refund.

  • If NRTC timely notifies HCG of its termination under this Section 11.01(f), then HCG shall provide NRTC with a Complete Refund.

  • Upon payment to NRTC of a Complete Refund as provided under this Agreement, complete performance of all of HCG's obligations under this Agreement shall be deemed to have occurred, except for any unfulfilled obligations of HCG to make any Late Commencement Fee payments to NRTC under Section 4.02.