Examples of Network Assets in a sentence
The Upper 700 MHz D Block licensee, the Network Assets Holder, and related en- tities as the Commission may require or allow must be Special Purpose Bankruptcy Remote Entities formed to hold the license, to hold the shared network assets, or for such other pur- pose as the Commission may require or allow.
Upon issuance of the Upper 700 MHz D Block license, the winning bidder will assign all of its rights and obligations under the NSA to the Upper 700 MHz D Block licensee, Network Assets Holder, the Operating Company, and any other related enti- ties that the Commission may require or allow.
In the event that the Upper 700 MHz D Block license is awarded to a new enti- ty, the Public Safety Broadband Li- censee’s option to purchase the net- work and all network assets if and whenever the Upper 700 MHz D Block license is cancelled or terminated and its right of first refusal to purchase the network assets if and whenever such assets are otherwise to be sold shall be assigned to the new Upper 700 MHz D Block licensee and the new Network Assets Holder.
Excludes the 5G standalone assets which are jointly owned between M1 and another party, as well as the co-owned and “right of use” assets that cannot be transferred and will not be part of the Network Assets.
Under section 83 (1A) of the Act, a reference to a distributor listed in Schedule 3 to the Act includes a reference to the entity that operates the distribution system after completion of an authorised transaction under the Electricity Network Assets (Authorised Transactions) Act 2015.