LEC Agreement definition
Examples of LEC Agreement in a sentence
Upon the request of the Purchaser or the Agent, such Seller shall provide the Purchaser or the Agent, as applicable, (or any designee thereof) with copies of any or all of the PAR Statements relating to any of such Seller's Qualified LEC Receivables or any Qualified LEC Agreement relating thereto.
The Transferor shall cause each of the Sellers to timely and fully perform all obligations required to be performed by such Seller under any LEC Agreement to which it is a party.
Pursuant to the terms of the LEC Agreement, LNG Energy and its founding shareholders entered into a voting agreement with certain shareholders of the Resulting Issuer (the "Voting Agreement").
None of the ▇▇▇▇▇▇ Steel Entities holds, directly or indirectly, an equity interest in, or any options or rights to acquire an equity interest in, any corporation or other entity other than in connection with the transactions provided under the LEC Agreement.
As soon as practicable (and, in any event, within three (3) Business Days) after its receipt thereof or its acquiring actual knowledge thereof, as applicable, (x) copies of any notices of any default or breach by any Seller under, or the termination of, any LEC Agreement, (y) any default or breach by a LEC under any Qualified LEC Agreement, or (z) any repudiation or rejection of any notice delivered to any LEC pursuant to Section 9-318 of the UCC.
Customer acknowledges that the LEG ------------------------------- will be solely responsible for the billing and collection of the revenue for Customer's Qualifying Records from End Users residing within the applicable billing area of such LEC, subject to the terms, conditions and operating procedures contained in each LEC Agreement, the terms of which are incorporated herein.
Use reasonable best efforts to cause Consents to Assignment Agreements to be executed and delivered in respect of all applicable IRUs, LEC Agreements, and Billing Service Agreements; PROVIDED, HOWEVER, that, in the case of any LEC Agreement or Billing Service Agreement, all LEC Accounts billed or collected thereunder shall not otherwise qualify as an Eligible Account unless and until such Consent to Assignment Agreement has been delivered to Agent.
As soon as practicable (and in any event within three (3) Business Days) after its receipt thereof or its acquiring knowledge thereof, as applicable, (x) copies of any notices of any default or breach by any Seller under, or the termination of, any LEC Agreement, (y) any default or breach by a LEC under any -76- 82 Qualified LEC Agreement, or (z) any repudiation or rejection of any notice delivered to any such LEC pursuant to Section 9-318 of the UCC.
Customer acknowledges that the LEC will be solely responsible for the billing and collection of the revenue for Customer’s Qualifying Records from End Users residing within the applicable billing area of such LEC, subject to the terms, conditions and operating procedures contained in each LEC Agreement, the terms of which are incorporated herein.
Pursuant to the terms of the LEC Agreement, LNG Energy and its founding shareholders entered into a voting agreement with certain shareholders of the Resulting Issuer (the “Voting Agreement”).