Systems Licenses definition
Examples of Systems Licenses in a sentence
The term "Systems Franchises" shall mean and refer to the franchises, permits and similar authorizations included among such Party's Assets (other than such Party's Systems Licenses) described on SCHEDULE 1.27, and all rights and benefits of such Party, including the rights and benefits arising under Section 626 of the Communications Act (47 U.S.C. 546) to the extent applicable to such Party's Systems Franchises.
All sales, use or excise Taxes arising from or payable by reason of the transfer of each Party's Assets ("Transfer Taxes") and all transfer and similar taxes or assessments, including transfer fees and similar assessments for or under Systems Franchises, Systems Licenses and Systems Contracts, arising from or payable by reason of the conveyance of each Party's Assets will be borne equally by each Party.
The term "Other Intangibles" shall mean and refer to all intangible assets, other than such Party's Systems Franchises, Systems Licenses and Systems Contracts, including subscriber lists, claims, and Intellectual Property, if any, included among such Party's Assets.
The term "Systems Licenses" shall mean and refer to the intangible cable television channel distribution rights, cable television relay service (CARS), business radio and other licenses, earth station registrations, authorizations, consents or permits issued by the FCC or any other Governmental Authority included among such Party's Assets and described on SCHEDULE 1.28 (other than such Party's Systems Franchises and Systems Contracts) and all rights and benefits of such Party pertaining thereto.
Reference to PARTY A Systems Licenses shall be deemed to refer to the Systems Licenses of PARTY A, and reference to PARTY B Systems Licenses shall be deemed to refer to the Systems Licenses of PARTY B, in each case, as included among such Party's Assets.
Neither Party will accept or agree or accede to any modifications or amendments to, or the imposition of any condition to the transfer of, any of the Systems Franchises, Systems Licenses, Systems Contracts or leases or documents evidencing Leased Property or Other Real Property Interests of its Cable Business that are not acceptable to the other.
Assets shall include Tangible Personal Property, Owned Property, Leased Property, Other Real Property Interests, Systems Franchises, Systems Licenses, Systems Contracts, Books and Records and Other Intangibles.
Seller agrees that within thirty (30) days from the Closing Date, it shall provide Buyer with confirmation that it has delivered notices to all applicable parties that the source code related to all Pick Systems Licenses between Buyer and Seller must be returned to Buyer or destroyed within ten (10) of receipt of said notice.
Subscriber shall take reasonable measures to protect Power Line Systems Licenses and intellectual property by limiting disclosure to or access by any other party (including, without limitation, any competing organizations).
In the event of such termination all copies of the Power Line Systems Licenses and all of their component parts must be destroyed or returned to Bentley in its sole discretion, and all hardware keys and media returned to Bentley within three (3) business days of notification of such termination.