Maxcom definition

Maxcom has the meaning set forth in the preamble hereof.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Maxcom shall determine the interests with respect to the operations performed by “THE REVOLVING ACCOUNT HOLDER” over the global average balance of the corresponding period in question, applying the 28-day CETES rate of the last week known.

Maxcom has the meaning ascribed to such term at the beginning hereof.

Examples of Maxcom in a sentence

• Nexus Partners also acknowledges the interest of Maxcom in maintaining the confidentiality of such Confidential Information.

• Nexus Partners also acknowledges such Confidential Information provides Maxcom with a competitive advantage (or that it could be used to the prejudice of Maxcom by a competitor).

• Bidders have and will have on the closing date of the Tender Offer, sufficient cash or other sources of immediately available funds to make payment for the all of the outstanding Shares of Maxcom and any other amounts to be paid by it hereunder or pursuant to the Tender Offer Documents (as defined in the Recapitalization Agreement).

• Nothing in this Amended and Restated Agreement is intended in any way to restrict or limit the Selling Shareholder’s right to accept a Superior Offer (as defined in the Recapitalization Agreement) in the event Maxcom terminates the Recapitalization Agreement, and no penalty will be imposed on the Selling Shareholder that accepts a Superior Offer after Maxcom terminates the Recapitalization Agreement.

• Notwithstanding the provisions of Section 2.1 hereof, the Selling Shareholder shall have the right to accept a Superior Offer after Maxcom terminates the Recapitalization Agreement.

More Definitions of Maxcom

Maxcom shall send to the Trustee and to the Collateral Agent a list that contains all the balances of the creditor and/or debtor that are in effect, resulting from the operations between the Parties under this Agreement, at the closing of the preceding quarter. Notwithstanding the issuance of the statements of account referred to in the preceding paragraph, the Parties acknowledge that the payment of the balances that correspond to each one of them, shall be payable in the terms and time frames agreed to by each one of the Parties, in accordance to their habitual practices, or within the following 90 (ninety) calendar days to the day in which by any cause this Agreement is terminated.

Maxcom means Maxcom Telecomunicaciones, S.A.B. de C.V.;

Maxcom obliges to handle the revolving credit agreed to in this Agreement, registering the debit and credit entries of “THE REVOLVING ACCOUNT HOLDER” individually, being obliged to deliver within the first three calendar days of each month, the statement account to each one of the Parties.

Maxcom. Maxcom Telecomunicaciones, S.A. DE C.V. M▇▇▇▇▇▇▇▇ 2▇▇ ▇▇▇. ▇▇▇ ▇▇▇▇▇, Mexico 03100, D.F. MEXICO.

Maxcom or the “Company”) confirms that, in relation to the publications in various media, on February 29 of 2016 the Instituto Federal de Telecomunicaciones (Federal Telecommunications Institute) notified Maxcom the resolution adopted by a majority vote of the plenum of its V Extraordinary Meeting held on February 26 of 2016, through agreement P/IFT/EXT/260216/8, according to which a fine amounting to $31'612,548.85 pesos, Mexican currency, is imposed on the Company for allegedly not meeting the minimum percentages established for Service Continuity, Basic Service Quality and Quality of Lines and Private Circuits indexes referred to in condition B.7 of the public telecommunications network concession granted on December 20, 1996.

Maxcom shall have the meaning set forth in Section 5.01(2).

Maxcom means the corporation, incorporated pursuant to the laws of Mexico under the corporate name Maxcom Telecomunicaciones, S.A. de C.V.