Fiber Optic Strands definition
Examples of Fiber Optic Strands in a sentence
LICENSOR shall be responsible for the maintenance and restoration of the Licensor Fiber Optic Strands and LICENSOR shall pay all costs associated with the maintenance and restoration of all of the Licensor Fiber Optic Strands; provided, however, that in the event that LICENSOR cannot commit to restoration within the timeframes in Section 9.1.4 below, LICENSEE may restore the LICENSEE Fiber Optic Strands within the Licensor Facilities as set forth in Section 9.1.4.
After five (5) days’ prior notice to LICENSEE and upon the sixtieth (60th) day after notice of termination is given by LICENSEE under this Section, LICENSOR, at the sole discretion of LICENSOR, may disconnect the Licensor Fiber Optic Strands licensed to LICENSEE under this License Agreement without recourse to LICENSOR by LICENSEE and LICENSOR shall not be held liable by LICENSEE or LICENSEE’s sub-licensees, if any, as a result of such disconnection.
LICENSOR shall be responsible for or pay any taxes, fees, or charges attributable to its ownership of the Licensor Facilities and Licensor Fiber Optic Strands, if any, when such taxes, fees, or charges are not based on or imposed by virtue of LICENSEE’s use of any such facilities or its receipt of License Fees from LICENSEE under this License Agreement.
During the term of this Agreement, SUNESYS shall have no right to grant or renew any rights to use the Licensed Fiber Optic Strands other than to Licensee.
Upon such termination, LICENSOR may disconnect the Licensor Fiber Optic Strands licensed to LICENSEE under this License Agreement as provided in Section 15.2.1 above.
SUNESYS grants to Licensee and Licensee accepts from SUNESYS an exclusive and indefeasible license solely for Authorized Use of the Licensed Fiber Optic Strands (the “License”), as provided in this Agreement.
Maintenance and restoration provided by LICENSOR shall be limited to the Licensor Fiber Optic Strands.
SUNESYS agrees to install and grant Licensee an exclusive license to use the Licensed Fiber Optic Strands subject to the terms and conditions set forth in this Agreement.
If relocation of any Licensor Facilities, including any Licensor Fiber Optic Strands licensed to LICENSEE hereunder, is required by LICENSEE and is not caused by a third party or LICENSOR, LICENSEE shall pay or reimburse LICENSOR for the total cost of such relocation, including engineering, material, construction and Make-Ready Work.
If LICENSEE does not give LICENSOR notice of any such failure within five Business Days of LICENSEE receiving the Fiber Notice, it shall be deemed that LICENSEE has accepted the new fiber optic strands and they shall constitute Licensor Fiber Optic Strands.