Common use of Right-of-Way Agreements Clause in Contracts

Right-of-Way Agreements. The Company has all right-of-way agreements, license agreements or other agreements or consents permitting or requiring the Company or any of its Subsidiaries to lay, build, operate, maintain or place cable, wires, conduits or other equipment and facilities over land or underground, that are material to the conduct of the business, as presently conducted, of the Company and its Subsidiaries taken as a whole, (each, a “Right-of-Way Agreement”), and each such Right-of-Way Agreement is valid, legally binding, enforceable and in full force and effect, and none of the Company or any of its Subsidiaries is in breach of or default under any Right-of-Way Agreement, no event has occurred which, with notice or lapse of time, would constitute a breach or default by any of the Company or its Subsidiaries or permit termination, modification or acceleration by any third party under any Right-of-Way Agreement, and no third party has repudiated or has the right to terminate or repudiate any Right-of-Way Agreement.

Appears in 2 contracts

Samples: Arrangement Agreement, Arrangement Agreement (Hillman Companies Inc)

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Right-of-Way Agreements. The Company has all (i) Except in any such case as would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect, (A) each right-of-way agreementsagreement, license agreements agreement or other agreements or consents agreement permitting or requiring the Company or any of its Subsidiaries to lay, build, operate, maintain or place cable, wires, conduits or other equipment and facilities over land or underground, that are material to the conduct of the business, as presently conducted, of the Company and its Subsidiaries taken as a whole, underground (each, a “Right-of-Way Agreement”), and each such Right-of-Way Agreement “) is valid, legally binding, enforceable and in full force and effect, and none of the Company or any of its Subsidiaries is in breach of or default under any Right-of-Way Agreement, (B) no event has occurred which, with notice or lapse of time, would constitute a breach or default by any of the Company or its Subsidiaries or permit termination, modification or acceleration by any third party under any Right-of-Way Agreement, thereunder and (C) no third party has repudiated or has the right to terminate or repudiate any Right-of-Way Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (SBC Communications Inc)

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Right-of-Way Agreements. The Company has all (i) Except in any such case as would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect, (A) each right-of-way agreementsagreement, license agreements agreement or other agreements or consents agreement permitting or requiring the Company or any of its Subsidiaries to lay, build, operate, maintain or place cable, wires, conduits or other equipment and facilities over land or underground, that are material to the conduct of the business, as presently conducted, of the Company and its Subsidiaries taken as a whole, underground (each, a “Right-of-Way Agreement”), and each such Right-of-Way Agreement ) is valid, legally binding, enforceable and in full force and effect, and none of the Company or any of its Subsidiaries is in breach of or default under any Right-of-Way Agreement, (B) no event has occurred which, with notice or lapse of time, would constitute a breach or default by any of the Company or its Subsidiaries or permit termination, modification or acceleration by any third party under any Right-of-Way Agreement, thereunder and (C) no third party has repudiated or has the right to terminate or repudiate any Right-of-Way Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (At&t Corp)

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