Examples of Licensee Equipment in a sentence
LICENSEE shall keep each Site free from all liens, charges, security interests or other encumbrances of any kind, including but not limited to, mechanics liens or other liens that arise by operation of law as a result of actions or omissions by LICENSEE or as a result of LICENSEE's use of the Site and the Signboards and LICENSEE Equipment.
If PG&E receives a real property tax assessment reflecting that a Signboard and/or LICENSEE Equipment is specifically included in the valuation for tax purposes of the Site upon which such Signboard and/or Equipment is located, LICENSEE shall file all necessary forms and otherwise use reasonable efforts to cause the Signboard(s) and all LICENSEE Equipment to be assessed separately from PG&E Land and Facilities, and to cause the tax bills for the same to be sent directly to LICENSEE.
If any damage or destruction of PG&E Land or Facilities materially interferes with LICENSEE's use of Signboard(s) or LICENSEE Equipment for a period of thirty (30) consecutive days, LICENSEE shall thereafter have the right (so long as such material interference continues) to terminate this Agreement with respect to the affected Site(s) by giving written notice to PG&E within one hundred twenty (120) days after such damage and destruction.
If LICENSEE cannot obtain necessary Regulatory Approvals in a form satisfactory to PG&E within two hundred seventy (270) days after SLA Approval of the proposed Signboard and LICENSEE Equipment, either Party may terminate this Agreement as it pertains to the applicable Site by giving written notice to the other Party.
If at any time or from time to time PG&E determines in its sole discretion that the PG&E Land or Facilities on which the Signboard(s) or LICENSEE Equipment is installed, or a portion thereof, is necessary to conduct PG&E's current or future utility operations, PG&E may terminate this Agreement with respect to the affected Site(s) by providing at least one hundred eighty (180) days' prior written notice to LICENSEE.