Net Effective Rate definition
Net Effective Rate means the net cash consideration charged under a retransmission consent agreement or an RSN carriage agreement, adjusted to reflect the value of: (1) all other economic consideration exchanged, including marketing or launch support, penetration or other discounts, advertising availabilities, channel positioning, and payment terms; and (2) any other rights or obligations related to such agreement, including the packaging of the Covered NBC Station or Covered RSN, and other distribution rights or obligations, which may include digitization, streaming, and/or dual feeds, and the distribution of the Covered NBC Station or Covered RSN on a video-on- demand basis or via a high-definition format or interactive version or broadband technology.
Net Effective Rate means the rates less the Custom Discount. Net Effective Rates are subject to change if there is a change in the underlying rates and/or applicable discount(s), with any such changes to be done in accordance with the terms of the Agreement or this Service Exhibit.
Net Effective Rate means the actual rental rate to be received per year, on the average, during the proposed term determined by deducting from the face rental value for the term thereof the dollar value of all inducements, free rent, tenant improvements and other concessions proposed to be given. Tenant may not exercise its rights under this Exhibit if an event of default by Tenant exists and is continuing (beyond the expiration of any notice and cure period applicable thereto under the Lease) at the time of the Offer. Tenant’s rights under this Exhibit shall further terminate if the Lease or Tenant’s right to possession of the Premises is terminated. Tenant’s rights under this Exhibit shall further automatically terminate if (a) Tenant assigns any of Tenant’s interests in the Lease (except for an assignment permitted in accordance with the terms and conditions of the Lease which results in the assignee thereof receiving assignment of all of Tenant’s interests in and under the Lease and in and to the Premises) or (b) Tenant fails to timely exercise Tenant’s right of refusal in accordance with the terms and conditions of this Exhibit (time being of the essence with respect to Tenant’s exercise thereof). Notwithstanding anything to the contrary set forth in this Exhibit, it is hereby agreed that no assignee (other than an assignee who has received assignment, in accordance with all terms and conditions of the Lease, of all of Tenant’s interests in and under the Lease and in and to the Premises) or other transferee of any of Tenant’s interests in the Lease nor sublessee or other transferee of any of the Premises may exercise any of Tenant’s rights granted pursuant to this Exhibit.
Examples of Net Effective Rate in a sentence
Sprint will charge Customer a fixed per-line, per-minute Net Effective Rate in the applicable amount from the table below for its Domestic Sprint Audio Conferencing Service Usage Charges.
Such Savings are determined by subtracting the difference between the Baseline Net Effective Rate of Discount (B- NERD) and the current monthly Net Effective Rate of Discount (NERD), multiplied by the net sales volume.