Asset Entities definition

Asset Entities shall have the meaning ascribed to it in the preamble hereto.

Asset Entities as defined in the preamble hereto.

Asset Entities means collectively Crown Atlantic, Crown Communication, Crown GT, Crown NY, Crown PR, Crown PT, Crown South and any other entity that becomes an “Asset Entity” (as that term is defined in the Tower Notes Indenture) after the date hereof.

Examples of Asset Entities in a sentence

• Except for the rights of the Manager pursuant to the Management Agreement (and its sub-managers thereunder), no Person has any right or obligation to manage any of the Fiber Networks on behalf of the Asset Entities or to receive compensation in connection with such management.

• Set forth on Schedule 6.14 is a description of all Insurance Policies for the Asset Entities that are in effect as of such date.

• Other than Permitted Indebtedness, the Issuer shall not, and shall not permit the Asset Entities to, create or become or be liable with respect to any material Contingent Obligation.

• To the extent permitted by applicable laws, rules or regulations, the Issuer shall, and shall cause the Asset Entities to, (i) provide the Rating Agencies with information, to the extent reasonably obtainable by the Issuer or the Asset Entities, and take all reasonable action necessary to enable the Rating Agencies to monitor the credit ratings of the Notes and (ii) pay such ongoing fees of the Rating Agencies as they may reasonably request to monitor their respective ratings of the Notes.

• For the avoidance of doubt, the foregoing is not intended to restrict ordinary course maintenance, upgrades and buildouts of existing Fiber Networks owned by the Asset Entities or the related decommissioning or disposal of obsolete, surplus or worn out property.

More Definitions of Asset Entities

Asset Entities means, collectively, (i) Uniti Fiber GulfCo LLC, a Delaware limited liability company, bankruptcy-remote special purpose entity and a direct Wholly-Owned Subsidiary of the Borrower as of the Closing Date and (ii) any other bankruptcy-remote special purpose entity that is a Wholly-Owned Subsidiary of the Borrower and party hereto pursuant to a Joinder Agreement that holds any relevant Uniti Fiber Business Assets pursuant to a Fiber Network Assets Transfer.

Asset Entities has the meaning specified in the Indenture.

Asset Entities at any time, the Asset Entities (as defined in the Tower Notes Indenture) under the Tower Notes Indenture at such time. As of the Closing Date, the Asset Entities consist of Crown Atlantic, Crown Communication, Crown GT, Crown NY, Crown PR, Crown PT, Crown South, Crown 05, Crown PR LLC, Crown MU and Crown MUPA.

Asset Entities has the meaning set forth in the recitals to this Agreement.

Asset Entities. “Issuers” or “Issuer Parties” (or similar forms thereof) shall thereafter refer to the remaining Asset Entities, Issuers or Issuer Parties (or similar forms thereof) and not to the Transferred Asset Entity.

Asset Entities means, collectively, each Closing Date Asset Entity and each Additional Asset Entity.

Asset Entities shall collectively mean Crown South, Crown Communication, Crown PT, Crown NY, Crown PR, Crown GT and Crown Atlantic.