Universal Buildout Sample Clauses

Universal Buildout. Each cable operator, including any successors in interest, shall be allowed a period of the lesser of fifteen (15) years or the term of the franchise agreement from the date of an initial franchise agreement to construct its cable system to be capable of providing cable service to all households in the Town. Each cable operator, including any successors in interest, shall be allowed a period of five (5) years from the date of any renewed franchise agreement to become capable of providing cable service to all households in the Town. For the purposes of this section, a franchise agreement shall be considered to be renewed notwithstanding any lapse in time between the expiration of a prior franchise agreement and the execution of a subsequent franchise agreement provided the cable operator, or any successor in interest, has not discontinued cable service in the Town for a period of more than one year. Comment [FCA1]: Xxxx - This is the universal buildout requirement that I've crafted. It requires incumbents to provide a universal buildout within 5 years of any franchise renewal and other to complete their buildout within 15 years or the franchise agreement term, whichever is shorter. Let me know if you'd like to discuss. The Town deems each of the above periods to be a reasonable period of time for a cable operator to comply with this Section. Failure to comply with this Section shall be reasonable grounds for the Town’s refusal of a cable operator’s application for franchise renewal.
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Related to Universal Buildout

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • NOW, THEREFORE the parties hereto agree as follows:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Definitions For purposes of this Agreement:

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

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