Common use of LESSEE Cooperation Clause in Contracts

LESSEE Cooperation. In the event that Lessee terminates its obligations with respect to either the Telephone System and/or Television System in accordance with Paragraph 11.1 immediately above, Lessee shall, upon the request of Lessor, during the ninety (90) days prior to the effective date of termination, negotiate in good faith with the Lessor for the sale of the Telephone Service and/or Television Service, as the case may be, relating to the terminated service, which sale shall be made on a cash basis for a price equal to the fair market value of the services being sold. Should Lessor and Lessee be unable to agree upon a fair market value for the services, then Lessee shall be entitled to remove the equipment in accordance with the provisions of Paragraph 11.2 immediately above. In the event of anysuch removal of equipment, Lessee shall cooperate with Lessor in connection with Lessor's efforts to obtain a third-party provider to furnish the services being terminated by Lessee. Such cooperation shall include, but not be limited to, making space available prior to the effective date of termination to the third-party provider within the Premises so that the third-party provider can install equipment as required to provide the services effective as of the date of termination, resulting in continuos service for existing subscribers. If the new service providers are the Public Utilities for those services, then WT&T will quarantee continuos service for those subscribers in good standing.

Appears in 2 contracts

Samples: Partnership Agreement (Competitive Companies Inc), Partnership Agreement (Third Enterprise Service Group Inc)

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LESSEE Cooperation. In the event that Lessee terminates its obligations with respect to either the Television System or Telephone System and/or Television System in accordance with Paragraph 11.1 immediately above, Lessee shall, shall upon the request of Lessor, during the ninety (90) days prior to the effective date of termination, negotiate in good faith with the Lessor for the sale to Lessor or its designees of the Telephone Service Equipment and/or Television Service, Equipment as the case may be, relating to the terminated service, which sale shall be made on a cash basis for a price equal to the fair market value of the services equipment being sold. Should Lessor and Lessee be unable to agree upon a fair market value for the servicesequipment, then Lessee shall be entitled to remove the such equipment in accordance with the provisions of Paragraph 11.2 immediately above. In the event of anysuch any such removal of equipment, Lessee shall cooperate with Lessor in connection with Lessor's efforts to obtain a third-party provider to furnish the services being terminated by Lessee. Such cooperation shall include, include but not be limited to, to making space available prior to the effective date of termination to the third-party provider within the Premises so that the third-party provider can install equipment as required to provide the services effective as of the date of termination, resulting in continuos service for existing subscribers. If the new service providers are the Public Utilities for those services, then WT&T will quarantee continuos service for those subscribers in good standing.

Appears in 2 contracts

Samples: Lease and Access Agreement (Third Enterprise Service Group Inc), Telephone and Television Lease and Access Agreement (Competitive Companies Inc)

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LESSEE Cooperation. In the event that Lessee terminates its obligations with respect to either the Telephone System and/or Television System in accordance with Paragraph 11.1 immediately above, Lessee shall, upon the request of Lessor, during the ninety (90) days prior to the effective date of termination, negotiate in good faith with the Lessor for the sale of the Telephone Service and/or Television Service, as the case may be, relating to the terminated service, which sale shall be made on a cash basis for a price equal to the fair market value of the services being sold. Should Lessor and Lessee be unable to agree upon a fair market value for the services, then Lessee shall be entitled to remove the equipment in accordance with the provisions of Paragraph 11.2 immediately above. In the event of anysuch any such removal of equipment, Lessee shall cooperate with Lessor in connection with Lessor's efforts to obtain a third-party provider to furnish the services being terminated by Lessee. Such cooperation shall include, but not be limited to, making space available prior to the effective date of termination to the third-party provider within the Premises so that the third-party provider can install equipment as required to provide the services effective as of the date of termination, resulting in continuos service for existing subscribers. If the new service providers are the Public Utilities for those services, then WT&T will quarantee continuos service for those subscribers in good standing.

Appears in 2 contracts

Samples: Partnership Agreement (Competitive Companies Inc), Partnership Agreement (Third Enterprise Service Group Inc)

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