Common use of Equipment acquired by the Company Clause in Contracts

Equipment acquired by the Company. The Parties agree that, where the Company acquires, or has acquired, directly or indirectly, facilities from a Third Party that are located Within the ROWs (the “New Equipment”), then, effective the day of the acquisition of the New Equipment by the Company: (a) the New Equipment shall form part of the Equipment and shall be governed by the terms and conditions of this Agreement; and (b) where that Third Party is a Party to a valid and existing municipal access agreement with the Municipality (the “Old MAA”) and the Company, directly or indirectly, acquires the rights and obligations under the Old MAA, the Old MAA shall be terminated.

Appears in 2 contracts

Samples: Telecommunications, Telecommunications Municipal Access Agreement

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Equipment acquired by the Company. The Parties agree that, where the Company acquires, or has acquired, directly or indirectly, facilities from a Third Party that are located Within the ROWs (the “New Equipment”), then, effective the day of the acquisition of the New Equipment by the Company: (a) the New Equipment shall form part of the Equipment and shall be governed by the terms and conditions of this AgreementMAA; and (b) where that Third Party is a Party to a valid and existing municipal access agreement with the Municipality County (the “Old MAA”) and the Company, directly or indirectly, acquires the rights and obligations under the Old MAA, the Old MAA shall be terminated.

Appears in 1 contract

Samples: Telecommunications

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Equipment acquired by the Company. The Parties agree that, where the Company acquires, or has acquired, directly or indirectly, facilities from a Third Party that are located Within the ROWs (the “New Equipment”), then, effective the day of the acquisition of the New Equipment by the Company: (a) the New Equipment shall form part of the Equipment and shall be governed by the terms and conditions of this Agreement; and (b) where that Third Party is a Party to a valid and existing municipal access agreement with the Municipality Township (the “Old MAA”) and the Company, directly or indirectly, acquires the rights and obligations under the Old MAA, the Old MAA shall be terminated.

Appears in 1 contract

Samples: Telecommunications

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