IRU Grant Clause Samples
An IRU Grant clause establishes the terms under which an Indefeasible Right of Use (IRU) is granted, typically for telecommunications infrastructure such as fiber optic cables. This clause details the rights and obligations of the grantee, including the scope of use, duration (often for the asset's useful life), and any associated fees or maintenance responsibilities. By clearly defining the long-term, non-revocable usage rights, the IRU Grant clause ensures both parties understand the extent and limitations of the grantee's access, thereby reducing the risk of future disputes and providing certainty for infrastructure investment.
IRU Grant. (A) Commencing with the Service Commencement Date and continuing through the end of the Service Term, Level 3 will grant to Customer an indefeasible right of use pursuant to the terms and conditions of the Agreement and this Service Schedule in any (3)LinkSM Global Wavelength Service provided on an IRU basis as identified in a Customer Order submitted by Customer and accepted by Level 3.
(B) Upon the expiration of the initial Service Term respecting any (3)LinkSM Global Wavelength Service provided on an IRU basis, the IRU for the particular (3)LinkSM Global Wavelength Service shall revert to a month-to-month lease subject to the (3)LinkSM Global Wavelength Service Schedule executed between the parties (or if none, the then current standard version of Level 3's (3)LinkSM Global Wavelength Service Schedule shall apply), and the Service Term shall continue until terminated by either party upon thirty (30) days' prior written notice to the other party. The monthly recurring charges for the (3)LinkSM Global Wavelength Service under the month-to-month lease shall be based on Level 3's then current monthly recurring charges for (3)LinkSM Global Wavelength Service leases. Upon termination, all rights to the use of the (3)LinkSM Global Wavelength Service therein shall revert to Level 3 without reimbursement of any of the non-recurring IRU charge or other sums, costs, fees or expenses previously paid with respect thereto, and from and after such time Customer shall have no further rights or obligations hereunder with respect thereto unless such rights or obligations are specifically provided herein to survive the Service Term.
IRU Grant. The University hereby grants to the User, an IRU for fibre strands of the Cables, on the terms set out herein.
IRU Grant. 3.1.1 Subject to payment of the IRU Fee in accordance with Section 5.1 and Exhibit B, and the acceptance process described in Section 4.2, SCL grants to Ziply, and Ziply accepts and acquires from SCL an exclusive IRU with respect to certain un-activated/un-lit "dark" fibers as depicted in Exhibit A and Ziply grants to SCL, and SCL accepts and acquires from Ziply an exclusive IRU with respect to certain un-activated/un-lit "dark" fibers as depicted in Exhibit A.
3.1.2 Each party shall specifically identify IRU Fiber strands granted to the other party upon completion of construction and testing.
3.1.3 The IRU shall include the nonexclusive right to utilize Associated Property, and to indirectly benefit from Authorizations and Underlying Rights (as described in Section 3.4) to the extent necessary to use and enjoy the IRU Fiber.
IRU Grant. Seller hereby grants to Buyer an IRU in the Capacity for the purposes described herein, for the Term, upon the terms and subject to the conditions set forth in this Agreement.
IRU Grant. Worldport hereby grants to STAR indefeasible rights of use ("IRU") in the STM-1s supplied by Worldport between the following City pairs in Europe ("Capacity"): [ECONOMIC TERMS OMITTED]