Contract Phones definition
Examples of Contract Phones in a sentence
If the number of Installed Phones as of the Closing Date is less than 14,000, the Consideration (as adjusted pursuant to Sections 1.4(a), (b) and (c)) shall be decreased by the amount of $3,950 multiplied by the difference between (i) 14,000 and (ii) the number of Installed Phones as of the Closing Date, provided that, for purposes of this Section 1.4(d), the number of Installed Phones shall include up to 650 Contract Phones.
For purposes of this Section 1.4(f), the number of Contract Phones with respect to which the Consideration will be adjusted shall equal the difference between 14,000 and the number of Installed Phones as of the Effective Time, not to exceed 900.