Customer’s Share definition

Customer’s Share has the meaning set out in clause 9.1(d)(i).
Customer’s Share means in relation to the Trust Fund and a particular Customer (the “Relevant Customer”) at any particular time (the “relevant time”): ((CP - P) ÷ (TCP - TPS)) x TF where: CP = Capital Prepayments paid by the Relevant Customer before the relevant time to Park or an Agent in relation to an order for Products; P = the catalogue value of Products ordered by the Relevant Customer and despatched to the Relevant Customer before the relevant time; TCP = the total of Capital Prepayments paid by Customers before the relevant time to Park or Agents in relation to orders for Products; TPS = the total catalogue value of all Products ordered by Customers and despatched to Customers before the relevant time; and TF = the value of the Trust Fund at the relevant time;
Customer’s Share. Has the meaning given in Section 10.3(c) (Termination by Supplier) of the GENERAL TERMS AND CONDITIONS.

Examples of Customer’s Share in a sentence

  • Recordkeeping Agent will prepare, or cause to be prepared, and deliver, or cause to be delivered, to Customers, statements showing such Customer’s Share activity in their Sub-Account in accordance with applicable law.

  • Accounting Firm within 30 days will resolve such dispute by determining the actual amount of Customer’s Share of the costs and such determination will be final, binding and non-appealable by the Parties.


More Definitions of Customer’s Share

Customer’s Share means the Customer’s pro rata share of such Impositions based on the relative number of fibers used by Customer compared with the total number of fibers in the affected portion of the Provider System Route during the relevant tax period; provided, however, that if Provider is entitled to special treatment or exemptions from any Impositions, it shall be entitled to take full advantage of such special treatment or exemptions for purposes of determining the Customer’s share and Customer shall have no right to claim any benefit to such special treatment or exemption.
Customer’s Share means Customer's pro rata share of such Impositions based on the relative number of Dark Fibers in the affected portion of the US WFI System compared with the total number of fibers in the affected portion of the US WFI System during the relevant tax period.