Reinitialization definition
Examples of Reinitialization in a sentence
Subject to the dispute resolution mechanism set forth in Section 1.4.4(c), Seller shall pay Buyer within 60 days of delivery of the Reinitialization Statement an amount equal to $0.023 multiplied by the Interstate Use Minutes for the period commencing on the day after the Closing Date and ending on the date of the Reinitialization (pro rated, if necessary, for the first and final month).
Further, Buyer shall use its best efforts to obtain the FCC's approval of (i) study area waivers for the Exchanges and (ii) the Reinitialization.
If the Reinitialization has not been approved at the time of the Closing, Buyer shall use its best efforts to obtain the Reinitialization.
Seller's failure to make such payment by the 60th day following delivery of the Reinitialization Statement shall be deemed to be an initiation of the dispute resolution mechanism set forth in Section 1.4.4(c).
Within 30 days after receipt of the Exchange Investment Statement or 60 days after receipt of the Reinitialization Statement (each, a "Post-Closing Statement"), as the case may be, Seller may, in a written notice to Buyer, describe in reasonable detail any proposed adjustments to the relevant Post-Closing Statement in question and the reasons therefor.