Regulatory Payments definition

Regulatory Payments means the amounts necessary to satisfy any asserted regulatory fees, assessments, fines, penalties or other payments assessed by the FCC, any State PUC, USAC, or any similar state universal service fund administrator, based upon Seller’s revenues or Seller providing Services to Acquired Customers prior to the Closing Date.
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Regulatory Payments means any and all payments, fees, charges, contributions or assessments required by or assessed under the rules, regulations or orders of the Federal Communications Commission, including contributions to the federal Universal Service Fund pursuant to 47 CFR §§ 54.706 through 54.713, contributions to the cost of establishing numbering administration pursuant to 47 CFR § 52.32, contributions to the federal Telecommunications Relay Service Fund pursuant to 47 CFR § 64.604, and regulatory fees assessed pursuant to 47 CFR § 1.1151 through 1.1167, in each case, as provided by such regulations at any time and from time to time prior to the Closing; any and all similar payments, fees, charges, contributions or assessments required by any Governmental Body pursuant to any federal or state Legal Requirements or regulation; and any and all interest or penalties resulting from the nonpayment or late payment of any such payment, fee, charge, contribution or assessment or any failure to file or delay in any filing associated therewith.
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Examples of Regulatory Payments in a sentence

  • The portion of any Regulatory Payments not subject to indemnification by the Optionors pursuant to this Section 11.2(e) shall be borne by the Servicer and shall not be subject to indemnification under any other provision of this Agreement or the Contingent Payment Agreement and shall not count towards the satisfaction of the Indemnification Threshold.

  • Where such reports are not due to be filed until after the Closing Date, the Company shall also have compiled and retained all documentation needed to file any reports necessary for the FCC, State PSCs, and Fund Administrators to calculate Regulatory Payments for the period prior to the Closing Date.

  • With effect from the date of this Agreement, Buyer shall be responsible for managing the payment of any Regulatory Payments with respect to the Acquired Assets, as provided in the Management Services Agreement.

  • At the Closing, the Company shall have filed all required reports, including, but not limited to, FCC Forms 499A and 499Q, that were due prior to the Closing Date, and retained all supporting documentation, necessary for the FCC, State PSCs, and Fund Administrators to calculate their Regulatory Payments.

  • At the Closing, the Company shall have paid all federal and state Regulatory Payments billed by the FCC, State PSCs, and Fund Administrators and pertaining to the period prior to the Closing Date.

  • Since December 31, 2016, the Company has not been the subject of any audit, inquiry (including a performance quality assurance inquiry), investigation, enforcement, action, assessment, fine, penalty or interest related to Universal Service Subsidies or Regulatory Payments and, to the Company’s Knowledge, no such audit, inquiry, investigation, enforcement, action, fine, penalty or interest is threatened.