EQUIVALENT BILLING UNIT definition

EQUIVALENT BILLING UNIT means an active customer for basic cable service either in a single household or in a multi-unit dwelling (including a hotel unit); provided, however, that the number of customers in a multi-unit dwelling or commercial establishment that obtains service on a "bulk- rate" basis shall be determined by dividing the gross bulk-rate revenue for non- premium services attributable to such multi-unit dwelling by the basic subscription rate for individual households subscribing to the same level of service as is provided to such multi-unit dwelling or commercial establishment. For purposes of this definition, an "active customer" shall mean any person at any given time that is paying for and receiving any level of cable television service from the Systems who has an account that is not more than 61 days past due (except for amounts which are past due pending the resolution of a bona fide dispute or past due amounts of $10 or less, provided such account is otherwise current). For purposes of this definition, the number of days past due of a customer account shall be determined from the first day of the period for which the applicable billing for services for that period is made.
EQUIVALENT BILLING UNIT is defined in and determined as of the closing date of such Pending Swap pursuant to the applicable Pending Swap Agreement.
EQUIVALENT BILLING UNIT means an active customer for Basic Cable Service either in a single household, a commercial establishment or in a multi-unit dwelling (including a hotel unit); provided, however, that the number of customers in a multi-unit dwelling or commercial establishment that obtain service on a "bulk-rate" basis shall be determined on a System by System basis (or if a System has more than one channel line-up, on a head-end by head-end basis for any head-ends having a different channel line-up) by dividing the gross bulk-rate bill▇▇▇▇ ▇▇▇ both (i) Basic Cable Service and (ii) CPST (but not bill▇▇▇▇ ▇▇▇m a la carte tiers or premium services, installation or other non-recurring charges, converter rental, new product tier or from any outlet or connection other than such customer's first or from any pass-through charges for sales taxes, line- itemized franchise fees, fees charged by the FCC and the like) attributable to such multi-unit dwelling or commercial establishment during the most recent billing period ended prior to the date of calculation (but excluding bill▇▇▇▇ ▇▇ excess of a single month's charge) by the retail rate charged during that billing period to individual households for combined Basic Cable Service and CPST offered by a System (or head-end, as applicable), such rate as of the date of this Agreement being the rate for such System (or head-end, as applicable) set forth on SCHEDULE 1.34 (excluding a la carte tiers or premium services, installation or other non-recurring charges, converter rental, new product tier or from any outlet or connection other than the first or from any pass-through charges for sales taxes, line-itemized franchise fees, fees charged by the FCC and the like). For purposes of this definition, an