Hybrid Account definition
Hybrid Account means a Fixed Term Agreement or a Month to Month Agreement concluded between Telkom Mobile and the Subscriber whereby the Subscriber is charged in advance for the Selected Mobile Services and the Selected Mobile Goods, known as the hybrid bundle of Mobile Goods and Mobile Services, which could include, without generalizing, service charges and/or fixed charges for the phone number and account, and where upon the depletion of any allocated elements the Subscriber will be required to recharge the account in order to continue the use of the Selected Mobile Services and Selected Mobile Goods;
Hybrid Account means a Fixed Term Agreement or a Month to Month Agreement concluded between Fredd and the Subscriber whereby the Subscriber is charged in advance for the Selected Services and the Selected Goods, known as the hybrid bundle of Goods and Services, which could include, without generalizing, service charges and/or fixed charges for the phone number and account, and where upon the depletion of any allocated elements the Subscriber will be required to recharge the account in order to continue the use of the Selected Services and Selected Goods;
Examples of Hybrid Account in a sentence
At the time of delivery of each Borrowing Base Certificate, assuming that any eligibility criterion that requires the approval or satisfaction of the Administrative Agent has been approved by or is satisfactory to the Administrative Agent, each material Account reflected therein as eligible for inclusion in the Borrowing Base is an Eligible Account, Eligible Billed Hybrid Account or Eligible Unbilled Account, as applicable.
The Corporate Hybrid Account earns interest only on the balances (if any) in excess of the balance required to cover monthly fees.