COVERAGE IN GTE MARKETS Sample Clauses

COVERAGE IN GTE MARKETS. During the Term of this Agreement, HighwayMaster agrees that its HighwayMaster Systems will be programmed to use only CTS provided by a GTE Affiliate, subsidiary or related GTE entity ("GTE CTS") in all GTE Markets; provided, however, that HighwayMaster can enter into agreements with Non-GTE Carriers for secondary CTS coverage ("Secondary Coverage") in GTE Markets, and HighwayMaster will not be required to add a GTE Market as primary to the extent it is acquired by GTE after the date of this Agreement. Secondary Coverage shall mean that a HighwayMaster System can be programmed to use the CTS of a Non-GTE Carrier in a GTE Market only at times when the GTE CTS in such GTE Market does not have CTS coverage in a specific area or is experiencing an outage of CTS coverage for any reason. HighwayMaster covenants and guarantees that the use of GTE CTS in each GTE Market by HighwayMaster Systems shall never be less than ninety five percent (95%) during any one month unless GTE does not have the coverage in a specific GTE Market to meet the 95% requirement. To the extent the use of GTE CTS does not meet such required percentage, GTE can either (i) exercise its rights of termination hereunder, (ii) request an adjustment in compensation for the lost CTS Usage or (iii) require that HighwayMaster terminate the secondary coverage as permissible under its agreements with Non-GTE Carriers. SECTION 7 OWNERSHIP OF INTELLECTUAL PROPERTY
AutoNDA by SimpleDocs

Related to COVERAGE IN GTE MARKETS

  • Financial Market Service Bloomberg Financial Service and any other financial information provider designated by the Depositor by written notice to the Trustee.

  • Nasdaq National Market Listing The shares of Parent Common Stock issuable to the Company stockholders pursuant to this Agreement shall have been authorized for listing on the Nasdaq National Market upon official notice of issuance.

  • Trading of the Public Securities on the Nasdaq Capital Market As of the Effective Date and the Closing Date, the Public Securities will have been authorized for listing on the Nasdaq Capital Market and no proceedings have been instituted or threatened which would effect, and no event or circumstance has occurred as of the Effective Date which is reasonably likely to effect, the listing of the Public Securities on the Nasdaq Capital Market.

  • Nasdaq National Market The Common Stock is listed on the Nasdaq National Market System, and there are no proceedings to revoke or suspend such listing.

  • Union Bulletin Board The Employer shall provide wherever possible a bulletin board for the exclusive use of the Union, the sites to be determined by mutual agreement. The use of such bulletin board facilities shall be exclusive to the Union. In other cases management will grant unrestricted use of the existing bulletin boards to the Union.

  • Union Bulletin Boards The employer shall provide the Union with bulletin boards in all buildings for posting notices of the following types: 1. Notices of recreational and social events 2. Notices of elections 3. Notices of results of elections 4. Notices of meetings

  • Wall Street Transparency and Accountability Act In connection with Section 739 of the Wall Street Transparency and Accountability Act of 2010 (“WSTAA”), the parties hereby agree that neither the enactment of WSTAA or any regulation under the WSTAA, nor any requirement under WSTAA or an amendment made by WSTAA, shall limit or otherwise impair either party’s otherwise applicable rights to terminate, renegotiate, modify, amend or supplement this Confirmation or the Agreement, as applicable, arising from a termination event, force majeure, illegality, increased costs, regulatory change or similar event under this Confirmation, the Equity Definitions incorporated herein, or the Agreement (including, but not limited to, rights arising from Change in Law, Hedging Disruption, Increased Cost of Hedging, an Excess Ownership Position, or Illegality (as defined in the Agreement)).

  • Listing on the Nasdaq Capital Market The Company will use commercially reasonable efforts to maintain the listing of the Public Securities on the Nasdaq Capital Market or another national securities exchange until the earlier of five (5) years from the Effective Date or until the Public Securities are no longer registered under the Exchange Act.

  • Wall Street Transparency and Accountability Act of 2010 The parties hereby agree that none of (i) Section 739 of the WSTAA, (ii) any similar legal certainty provision included in any legislation enacted, or rule or regulation promulgated, on or after the Trade Date, (iii) the enactment of the WSTAA or any regulation under the WSTAA, (iv) any requirement under the WSTAA or (v) any amendment made by the WSTAA shall limit or otherwise impair either party’s right to terminate, renegotiate, modify, amend or supplement this Confirmation or the Agreement, as applicable, arising from a termination event, force majeure, illegality, increased cost, regulatory change or similar event under this Confirmation, the Equity Definitions or the Agreement (including, but not limited to, any right arising from any Acceleration Event).

  • Secondary Market Trading and Standard & Poor’s If the Company does not maintain the listing of the Public Securities on Nasdaq or another national securities exchange, the Company will (i) apply to be included in Standard & Poor’s Daily News and Corporation Records Corporate Descriptions for a period of five years from the consummation of a Business Combination, (ii) take such commercially reasonable steps as may be necessary to obtain a secondary market trading exemption for the Company’s securities in the State of California and (iii) take such other action as may be reasonably requested by the Representative to obtain a secondary market trading exemption in such other states as may be requested by the Representative; provided that no qualification shall be required in any jurisdiction where, as a result thereof, the Company would be subject to service of general process or to taxation as a foreign corporation doing business in such jurisdiction.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!