Payment Credit

Payment Credit. Shall mean the dollar amount issued as a credit to the party purchasing or repurchasing Assets. The Payment Credit is calculated as follows: for each Subscriber or Transferred Subscriber who is also a Prepaid Subscriber, the full amount of prepayment is divided by twelve (12) and multiplied by the number of months remaining until the expiration date of the Prepaid Subscriber's subscription; the sum total of the foregoing calculation for all Prepaid Subscribers is the Payment Credit.