Common use of Option to Purchase Abandoned Poles Clause in Contracts

Option to Purchase Abandoned Poles. Should the Utility desire to abandon any Pole, the Utility, in its sole discretion, may grant Licensee the option of purchasing such Pole at a rate, which is the value in place, at that time, of such abandoned Pole. Licensee must notify the Utility in writing within thirty (30) calendar days of the date of the Utility’s notice of abandonment that Licensee desires to purchase the abandoned Pole. Thereafter, Licensee must also secure and deliver proof of all necessary governmental approvals and easements allowing Licensee to independently own and access the Pole within forty-five

Option to Purchase Abandoned Poles. Should the Utility District desire to abandon any Pole, the UtilityDistrict, in its sole discretion, may grant Licensee the option of purchasing such Pole at a rate, which is the value in place, at that time, of such abandoned Pole. Licensee must notify the Utility District in writing within thirty (30) calendar days of the date of the UtilityDistrict’s notice of abandonment that Licensee desires to purchase the abandoned Pole. Thereafter, Licensee must also secure and deliver proof of all necessary governmental approvals and easements allowing Licensee to independently own and access the Pole within forty-five

Option to Purchase Abandoned Poles. Should the Utility desire to abandon any Pole, the Utility, in its sole discretion, may grant Licensee the option of purchasing such Pole at a rate, which is the value in place, at that time, of such abandoned Polerate negotiated with Utility. Licensee must notify the Utility in writing within thirty (30) calendar days of the date of the Utility’s notice of abandonment that Licensee desires to purchase the abandoned Pole. Thereafter, Licensee must also secure and deliver proof of all necessary governmental approvals and easements allowing Licensee to independently own and access the Pole within forty-five