Contiguous Market definition
Contiguous Market is defined in subsection 2.12.
Contiguous Market means a market owned by Cricket or any of its affiliates that is geographically close or proximate to an existing market where Cricket or any of its affiliates have deployed a System, and where operating synergies would be 8 gained or capital expenditures would be avoided by deploying additional Systems identical to those in the existing market (i.e., Salt Lake City, UT would be considered a Contiguous Market to Provo, UT, since operating efficiencies would exist). The System deployed in the Test Market will be subject to a "soak" period, whereby it will be operated for six (6) months after the Substantial Completion date (the "Test Period") in order to determine whether it is operating in accordance with the Definitive Agreements and the Specifications. Provided the System in the Test Market has operated in accordance with the Specifications and Definitive Agreements during the Test Period, thereafter Cricket shall purchase from Ericsson any additional Products and Services for deployment in its remaining Available Markets in accordance with the following: (i) if as of the expiration of the Test Period the projected cost (as reasonably set forth in Cricket's business plan) to deploy Products and Services in all of the remaining Available Markets is equal to or greater than $330,000,000 (less the price of the Products and Services previously deployed in the Test Market), then Cricket agrees to purchase a minimum of $330,000,000 (less the price of the Products and Services previously deployed in the Test Market) of Products and Services for deployment in such remaining Available Markets; or (ii) if as of the expiration of the Test Period the projected cost (as reasonably set forth in Cricket's business plan) to deploy Products and Services in all of the remaining Available Markets is less than $330,000,000 (less the price of the Products and Services previously deployed in the Test Market), then Cricket shall purchase from Ericsson all of its Products and Services requirements for the Remaining Markets until such time as Cricket has purchased from Ericsson Products and Services with an aggregate total cost of $330,000,000 (less the price of the Products and Services previously deployed in the Test Market). Cricket agrees that it will deploy its Products and Services in good faith in a commercially reasonable manner and will not arrange the deployment schedule so as to deploy Products and Services in the Contiguous Markets where the purpose is to delay the d...
Contiguous Market means a market where Owner or any of its ----------------- Affiliates have acquired a license to build and operate a System which is geographically close or proximate to other markets where Owner or any of its Affiliates have deployed a System, and where operating synergies would be gained or capital expenditures would be avoided by deploying other vendors' Systems similar to those contained in the other markets (Contiguous Markets are excluded from the definition of Available Markets in order to facilitate Owner's desire for deployment of a single vendor's infrastructure equipment in each Owner region, i.e., Salt Lake City, Provo, Denver, Phoenix, Tucson, Albuquerque and Santa Fe are considered to have operating efficiencies and synergies and are deemed to be an Owner region and thus Contiguous Markets).
Examples of Contiguous Market in a sentence
Nevertheless, as a practical matter, and consistent with its intent as originally communicated, Nissan intends, and FAA agrees, that Nissan will treat these wholly-owned subsidiary dealer corporations, and their related Nissan Dealer Term Sales and Service Agreements, the Nissan Contiguous Market Ownership Agreements, and any relevant Nissan CMO Holding Company Agreement, as part and parcel of the single marketing entity in the San Francisco Bay Area market.
CONSILIUM CORPORATE RECOVERY MASTER FUND, LTD., a company, organized under the laws of the Cayman Islands /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, JR.