SIPL definition

SIPL s Share of MRP” shall mean the MRP of Subscribed Channels minus the Distribution Fee.

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SIPL means Surfmax Investment Partners Limited.

SIPL s Technology” means and includes the software programs, code, systems, processes, procedures, data, concepts, proofs of concepts, ideas, designs, scripts, graphics, art work, information and databases and all other materials of any kind conceived by, produced by, purchased by, licensed to, or assigned to SIPL, alone or with others, resulting from or relating to the SIPL’s business including its Customers, and the customization, improvements and inventions made thereon, including, without limitation, all copyrightable or patentable materials, all trade secret materials and all other proprietary materials.

Examples of SIPL in a sentence

• For the avoidance of doubt, it is clarified that a reference to a New Channel in this Addendum and/ or the Agreement includes any additional channels (whether by way of a new launch, acquisition of any existing channel or otherwise), distributed by SIPL and/ or its current or future subsidiaries, and in such an event SIPL shall have the right to withdraw and/ or modify this Addendum and/ or the Incentives set out herein in its sole discretion.

• In the event an audit or inspection by SIPL’s representative(s) reveals that the HITSO has under-reported or has misrepresented any information contained in the Reports or any item having a bearing on the computation of the Incentives that the HITSO is entitled to avail and/ or the License Fee payable by the HITSO, SIPL shall provide the HITSO with written notice setting out the amount of such additional fee (“Shortfall Amount”) payable by the HITSO to SIPL (“Notice of Shortfall”).

• Non-provisioning of such Reports shall amount to material breach of the Agreement, which shall entitle SIPL to withdraw the Incentives and/ or terminate the Agreement and disconnect signals of the Channels to the HITSO as per the terms of the Agreement.

• Non-provisioning of such Reports shall amount to material breach of the Agreement, which shall entitle SIPL to withdraw the Incentives and/ or terminate the Agreement and disconnect signals of the Channels to the IPTVO as per the terms of the Agreement.

• In the event an audit or inspection by SIPL’s representative(s) reveals that the IPTVO has under-reported or has misrepresented any information contained in the Reports or any item having a bearing on the computation of the Incentives that the IPTVO is entitled to avail and/ or the License Fee payable by the IPTVO, SIPL shall provide the IPTVO with written notice setting out the amount of such additional fee (“Shortfall Amount”) payable by the IPTVO to SIPL (“Notice of Shortfall”).

• In the event an audit or inspection by SIPL’s representative(s) reveals that the MSO has under-reported or has misrepresented any information contained in the Reports or any item having a bearing on the computation of the Incentives that the MSO is entitled to avail and/ or the License Fee payable by the MSO, SIPL shall provide the MSO with written notice setting out the amount of such additional fee (“Shortfall Amount”) payable by the MSO to SIPL (“Notice of Shortfall”).

• Non-provisioning of such Reports shall amount to material breach of the Agreement, which shall entitle SIPL to withdraw the Incentives and/ or terminate the Agreement and disconnect signals of the Channels to the MSO as per the terms of the Agreement.

• Non-provisioning of such Reports shall amount to material breach of the Agreement, which shall entitle the SIPL to withdraw the Incentives and/ or terminate the Agreement and disconnect signals of the Channels to the DTHO as per the terms of the Agreement.

• In the event an audit or inspection by the SIPL’s representative(s) reveals that the DTHO has under-reported or has misrepresented any information contained in the Reports or any item having a bearing on the computation of the Incentives that the DTHO is entitled to avail and/ or the License Fee payable by the DTHO, the SIPL shall provide the DTHO with written notice setting out the amount of such additional fee (“Shortfall Amount”) payable by the DTHO to the SIPL (“Notice of Shortfall”).

• For the avoidance of doubt, it is clarified that a reference to a New HD Channel in this Addendum and/ or the Agreement includes any additional channels (whether by way of a new launch, acquisition of any existing channel or otherwise), distributed by SIPL and/ or its current or future subsidiaries, and in such an event SIPL shall have the right to withdraw and/ or modify this Addendum and/ or the Incentives set out herein in its sole discretion.

More Definitions of SIPL

SIPL s Representatives” means the employees, agents, or representatives of SIPL on whom SIPL exercises the complete control and authority.

SIPL means Shukriya Investment Private Limited, a private limited company under the Act and having its registered office at 414, Suneja Tower-1, District Centre Janakpuri, West Delhi-110058;

SIPL. Singapex Investments Pte Ltd 60B Orchard Road, #06-18 Tower 2, ▇▇▇ ▇▇▇▇▇▇ @ ▇▇▇▇▇▇▇ Singapore 238891 ▇▇▇▇▇▇▇▇▇ ▇▇. : (▇▇) ▇▇▇▇ ▇▇▇▇ Attention : The Boa▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇ With a copy to : the Company Secretary";

SIPL means ▇▇▇▇▇ Infrastructure Private Limited, a company incorporated under the Companies Act, 1956 with corporate identification number U70102KA2009PTC103471 and with its registered address at Royal Oaks, Embassy Golflinks Business Park, Off-Intermediate Ring Road, Bengaluru – 560 071.