5/26/2023 0 Comments Central station monitoring![]() ![]() ![]() Central Monitoring Station means one or more CENTRAL MONITORING STATIONs owned by SAI (or a subsidiary of SAI) and designated in the DEALER AGREEMENT as the CENTRAL MONITORING STATIONs that are to provide service to all of Dealer's Accounts (e) "Closing Date" shall have the meaning assigned in Section 3.2 (f) "Common Stock" means the common stock, $0.001 par value per share, of Security Associates International, Inc., a Delaware corporation (g) "DEALER AGREEMENT" means the agreement between Dealer and SAI, or a subsidiary of SAI, pursuant to which the CENTRAL MONITORING STATION provides services to the Subscribers of the Accounts, in the form of Exhibit A attached hereto (h) " Default" means the occurrence of any of (i) the breach by Dealer of the performance of any of its covenants under Sections 2.1.2, 2.1.3, 2.1.4, 2.1.5 or 2.1.7 of this Agreement, (ii) the misrepresentation by Dealer of any material fact set forth in this Agreement, or ( iii) any other material breach by Dealer of any other representation, warranty, covenant or agreement contained herein (i) " Effective Date" means the first day of the first month following the signing of this Agreement (j) "Permits" means all governmental approvals, licenses, registrations and permits, and applications therefor (k) Subscriber" shall mean the party to which the Dealer provides monitoring services (l) " Subscriber Agreement" means a written agreement between a Subscriber and Dealer, evidencing an Account, pursuant to which the Dealer provides monitoring services to the Subscriber in the form attached hereto as Exhibit B (m) "Term" means the period commencing on the date hereof and ending on the third anniversary of the Closing Date (n) "Vested Shares" means those shares of Common Stock issued to Dealer pursuant to the terms of this Agreement as to which the risk of forfeiture under Section 3.4 hereof and the restrictions on transfer under Section 3.5 hereof shall have lapsed in accordance with the provisions of Section 3.3 hereof " Unvested Shares" means those shares of Common Stock issued to Dealer pursuant to this Agreement that are not Vested Shares.Įxamples of Central Monitoring Station in a sentenceĬonnection to the Central Monitoring Station (CMS) is implemented via the Contact ID or SIA protocol. ![]()
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