Examples of Relocating Party in a sentence
The Relocating Party shall relocate the affected portion of its System and so long as such relocation is not necessitated by a breach of the Relocating Party's obligations under this Agreement, the other party shall reimburse the Relocating Party for the other party's proportionate share of all Relocation Costs, including, without limitation, fiber acquisition, splicing and testing, pro rated based on the party's owned or leased IRUs to the total fiber count in the affected Cable so relocated.
In the event that a third party (which does not have an interest in the fibers on the Cable) reimburses the Relocating Party for all of or a portion of the cost to relocate the Relocating Party's System, then this reimbursement amount shall reduce on a dollar for dollar basis the aggregate amount of Relocation Costs deemed to have been spent by the Relocating Party under this Article.
The Relocating Party shall deliver to the other party updated as-built drawings as set forth in Exhibit D with respect to any relocated portion of its System not later than one hundred eighty (180) days following the completion of such relocation.
Upon request by such party, the Relocating Party will promptly provide the necessary substantiating information which will allow the other party to verify the accuracy of the invoice.
If Remainco and Spinco agree that the Relocating Party must secure an alternative location, the selection and implementation of such location shall be at the Relocating Party’s sole cost and expense.
The Relocating Party agrees that no request for reimbursement from the other party shall be requested unless the other party's proportional amount of the Relocation Costs for such project exceeds ****.
If Remainco and Xxxxxx Partner do not reach a mutual agreement pursuant to the preceding sentence on or before June 30, 2024, then the Relocating Party shall fully vacate, at its sole cost and expense, the applicable Subleased Property on or prior to the Distribution Date.
The Relocating Party PROPRIETARY/CONFIDENTIAL shall deliver to the other party updated as-built drawings in substantially the form of those set forth in EXHIBITS D-1 AND D-2 as applicable, with respect to any relocated portion of its System not later than one hundred eighty (180) days following the completion of such relocation.
Upon request by such Party, the Relocating Party will promptly provide the necessary substantiating information that will allow the other Party to verify the accuracy of the invoice.
If Remainco and Buyer do not reach a mutual agreement pursuant to the preceding sentence on or before October 31, 2024, then the Relocating Party shall fully vacate, at its sole cost and expense, the applicable Subleased Property on or prior to the Closing Date.