Examples of Telephone Lease in a sentence
Neither Seller nor any owner of a property served by a Telephone Lease and Access Agreement ( a "Property Owner") is in default under any Telephone and Access Agreement.
Seller will assign to Purchaser and Purchaser will assume (1) each of the Telephone Lease and Access Agreements listed on Schedule 4.7, and (2) liability for personal property taxes as apportioned pursuant to Section 3.5. Purchaser's assumption of all obligations and liabilities described in this Section 1.3 will accrue following Closing (but not before).
The foregoing does not preclude such parties from informing any other person or entity of the fact that the Systems, the Telephone Lease and Access Agreements and other Assets relating to the Systems will be or have been transferred to Purchaser, so long as such communication does not disclose any further details regarding the transaction.
Stated on SCHEDULE 4.7 is a complete and accurate list of all of the Telephone Lease and Access Agreements presently owned by Seller which constitute part of the Assets.
Each of the Telephone Lease and Access Agreements is valid and binding is in full force and effect.
Seller will give all notices, and use its commercially reasonable best efforts to obtain all consents necessary under all Telephone Lease and Access Agreements and other material contracts and leases to assign such telephone Lease and Access Agreements, material contracts and leases to Purchaser.
GST Telecom Inc., a Delaware corporation ("Operator"), is the provider of telephone service to the Property under a Telephone Lease and Access Agreement dated November 1, 1996.
The "Assets" are the assets of Seller which comprise the Systems, comprised of the Telephone Lease and Access Agreements, existing as of the date this Agreement or acquired by Seller prior to Closing in the ordinary course of business.
A complete copy of each such Telephone Lease and Access Agreement (including amendments thereto) has been provided to Purchaser.
The matters to be assigned by Seller to Buyer and to be assumed by Buyer shall in addition include that certain Telephone and Telephone Lease and Access Agreement by and between Seller and GRI Telecommunications, Inc.