UNITS IN SERVICE definition

UNITS IN SERVICE means, as of any date, for the Borrower Group on a combined basis, the aggregate number of wireless messaging units that are operating pursuant to valid and binding agreements with customers, in respect of which the customer is obligated to make payments at regular intervals in amounts consistent with standard industry practice, where the customer is delinquent less than sixty (60) days (unless the amount for such customer which is delinquent sixty (60) days or more constitutes less than thirty-five (35) percent of such customer's current monthly billing), except for governmental or corporate customers delinquent less than ninety (90) days that (a) have been serviced by such Person for at least six (6) months and have a consistent prior payment history and in which the customer has made a payment within the last forty-five (45) days equal to or greater than the amount of the current monthly billing for such customer, or (b) have a regular history of paying on their accounts amounts equal to or greater than the amount of the current monthly billing for such customer and whose total account receivable is (i) no older and (ii) no greater in dollar amount, than such account receivable was on the date ninety (90) days prior.
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UNITS IN SERVICE means, at any date: (a) messaging devices for which messaging services are provided by the Parent and the Subsidiaries as of such date directly to customers; and (b) messaging devices for which messaging services are provided through a Reseller of the Parent and the Subsidiaries as of such date, calculated in a manner consistent with the manner in which the Parent determines Units in Service as of the date hereof.
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Examples of UNITS IN SERVICE in a sentence

  • The amounts reflected on the Consolidated Balance Sheet under utility plant at December 31, 2002 include the following: UTILITY ACCUMULATED CONSTRUCTION OWNERSHIP/ PLANT PROVISION FOR WORK IN LEASEHOLD GENERATING UNITS IN SERVICE DEPRECIATION PROGRESS INTEREST ---------- ------------- ------------ ---------- (IN MILLIONS) Bruce Mansfield Units 2 and 3 .........

  • The amounts reflected on the Consolidated Balance Sheet under utility plant at December 31, 2002 include the following: UTILITY ACCUMULATED CONSTRUCTION OWNERSHIP/ PLANT PROVISION FOR WORK IN LEASEHOLD GENERATING UNITS IN SERVICE DEPRECIATION PROGRESS INTEREST ---------------- ---------- ------------ -------- -------- (IN MILLIONS) W.

  • Contact: Kelly Prentiss (214) 765-3874 kprentiss@weblinkwireless.com WEBLINK WIRELESS REPORTS STRONG SECOND QUARTER EBITDA GROWTH; WIRELESS DATA UNITS IN SERVICE EXCEED 500,000 Dallas - August 15, 2001-WebLink Wireless, Inc.

  • The amounts reflected on the Consolidated Balance Sheet under utility plant at December 31, 2002 include the following: COMPANIES' UTILITY ACCUMULATED CONSTRUCTION OWNERSHIP/ PLANT PROVISION FOR WORK IN LEASEHOLD GENERATING UNITS IN SERVICE DEPRECIATION PROGRESS INTEREST -------------------------------------------------------------------------------------- (IN MILLIONS) W.

Related to UNITS IN SERVICE

  • Vesting Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his vested interest in his Employer Contributions Sub-Account, if Employer Contributions are provided for under either Article VI or Article XXII.

  • One-Year Break in Service means a twelve (12) consecutive month period during which the Participant does not complete more than 500 Hours of Service.

  • In-service means an educational program, which is designed to increase the knowledge, skills, and overall effectiveness of personnel.

  • Placed in Service means: 1) for a new or existing building used as residential rental property, the date on which the building is ready and available for its specifically assigned function (i.e. the date on which the first Unit in the building is certified as being suitable for occupancy in accordance with state or local law); and 2) with respect to rehabilitation expenditures that are treated as a separate new building, those buildings are placed in service at the close of any twenty-four (24) month period over which the expenditures are aggregated.

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Year of Vesting Service means a vesting computation period during which you complete 1,000 hours of service during the Plan Year.

  • 1-Year Break in Service means the applicable computation period during which an Employee has not completed more than 500 Hours of Service with the Employer. Further, solely for the purpose of determining whether a Participant has incurred a 1-Year Break in Service, Hours of Service shall be recognized for "authorized leaves of absence" and "maternity and paternity leaves of absence." Years of Service and 1-Year Breaks in Service shall be measured on the same computation period.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • In-Service Date means the date on which the Facility and System Modifications (if applicable) are complete and ready for service, even if the Facility is not placed in service on or by that date.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Phantom means a volume of material behaving in a manner similar to tissue with respect to the attenuation and scattering of radiation. This requires that both the atomic number (Z) and the density of the material be similar to that of tissue.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Performance Date means December 31, 2025. If the Locality, in consultation with VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, on or before the Performance Date the Locality may request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Company and the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.