Backhaul IRU. Subject to the terms and conditions contained herein, Purchaser agrees to purchase and pay for the Backhaul IRU on the Backhaul Closing Date. Upon Purchaser’s payment of the Backhaul IRU Purchase Price, Seller shall grant to Purchaser and Purchaser shall acquire from Seller an IRU in the Backhaul for the IRU Term (collectively, the “Backhaul IRU”), with effect from the Backhaul Closing Date until the last day of the IRU Term.
Appears in 4 contracts
Samples: Capacity Purchase Agreement, Capacity Purchase Agreement (Teleglobe International Holdings LTD), Capacity Purchase Agreement (Teleglobe International Holdings LTD)
