Examples of Open video system in a sentence
Any financial institution having a pledge of Company or its assets for the advancement of money for the construction or operation of a Telecommunications System or Open Video System shall have the right to notify City that it or its designee satisfactory to City shall take control of and operate such Telecommunications System or Open Video System in the event Company defaults on its financial obligations.
In order to promote economic development, City may require Company to dedicate capacity on an Open Video System for the purpose of offering leased commercial access to Persons in accordance with the procedures agreed upon by Company and City.
The financial institution shall not exercise control over the Telecommunications System or Open Video System for a period exceeding one (1) year unless extended by City in its discretion and during said period of time it shall have the right to petition City to transfer the System to another Person, provided such Person completes an Application in the form of Exhibit A.
Further, said financial institution shall also submit a plan for such operation within thirty (30) days of assuming control of Company that will insure continued service and compliance with all requirements of this Agreement during the term the financial institution exercises control over the Telecommunications System or Open Video System.
Nothing in this Agreement shall affect the right of the District to grant to itself or any Person a franchise, consent or right to occupy and use the PROW, or any part thereof, for the construction, operation or maintenance of all or any part of a Cable Communications System or an Open Video System or similar systems within the Franchise Area or elsewhere in the District or for any other purpose.