Installed Digital Systems definition

Installed Digital Systems means installed and fully operational Digital Systems subject to a Master License Agreement and a Service Agreement; provided that solely for purposes of calculating the Loan Availability under Section 2.1 or 2.6(d), providing instructions for payment under Section 2.2(b) and the limitation on use of proceeds set forth in Section 7.9, Installed Digital Systems shall include equipment of the type described in clauses (a) through (c) of the definition of “Digital Systems” to the extent such equipment will be purchased with the proceeds of a proposed Borrowing; provided, further that in the event (a) such equipment is not installed and fully operational within 180 days of such Borrowing, as evidenced by a Certificate of Acceptance, (b) the Borrower shall not have delivered a Certificate of Acceptance in compliance with Section 6.1(k) or 7.17 or (c) the Borrower shall not have delivered insurance certificates in compliance with Section 6.1(j)(iv) or 7.18, in each case, such equipment shall be excluded from the calculation of Loan Availability.
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Installed Digital Systems means all of the Phase I Installed Digital Systems and Phase II Installed Digital Systems, collectively. CONFIDENTIAL TREATMENT REQUESTED BY CINEDIGM DIGITAL CINEMA CORP. OF CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934.
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Installed Digital Systems has the meaning set forth in the Senior Credit Agreement.
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Examples of Installed Digital Systems in a sentence

  • The Borrower shall deliver to the Administrative Agent a Certificate of Acceptance from each exhibitor party to an Exhibitor Agreement certifying as to the receipt, installation and operation of the Installed Digital Systems to be financed with the proceeds of such Borrowing or confirmation from the applicable supplier, in a form reasonably acceptable to the Administrative Agent, that such Installed Digital Systems have been installed and are in good working condition.

  • The Administrative Agent shall have received evidence satisfactory to it that Holdings shall have received all Required Exhibitor Contributions due and payable by the Exhibitors under the Exhibitor Agreements with respect to Installed Digital Systems previously financed and to be financed with the proceeds of such Borrowing.

  • The Administrative Agent shall have received evidence satisfactory to it that Holdings shall have received all Required Vendor Mezzanine Loans owing from the Approved Vendors with respect to Installed Digital Systems (other than Previously Deployed Systems) previously financed and to be financed with the proceeds of such Borrowing.

  • If such a declaration is not made and delivered to the proper officer within the appointed time, the office of the person elected shall at the expiration of that time become vacant.

  • Prior to payment of the initial invoice under any Supply Agreement, Holdings agrees to obtain a resale exemption with respect to Installed Digital Systems purchased or to be purchased under the Supply Agreements, and will provide a resale certificate number or other evidence thereof reasonably acceptable to the applicable Approved Vendor, CHG, and the Specified Senior Agent.

  • SCHEDULE 8 Installed Digital Systems CONFIDENTIAL TREATMENT REQUESTED BY CINEDIGM DIGITAL CINEME CORP.

  • Updates have been made, where required, to the existing risks, including to the reason why the risk has been identified, the assessed risk level, mitigating actions being undertaken and the progress on these.

  • The Borrower shall cause each Phase I Group Member to deposit or cause to be deposited all revenues and earnings derived from Phase I Installed Digital Systems (including all VPFs and Exhibitor Payments) into the CDF1 Lockbox Account.

  • The proceeds of the Term Loans and the proceeds of funds released from the DDTL Escrow Account shall be used to fund the CDF2 Non-Recourse Loans to CHG for use to pay to Holdings a portion (including any deferred portion) of the purchase price for Installed Digital Systems pursuant to the CHG Sale Leaseback.

  • As of the Closing Date, except as set forth on Schedule 6.26, all Installed Digital Systems comply with the Digital Cinema System Specification V1.1 issued April 12, 2007 by Digital Cinema Initiatives, LLC, as amended from time to time (the “DCI Specifications”).


More Definitions of Installed Digital Systems

Installed Digital Systems means installed and fully operational Digital Systems subject to a Master License Agreement and maintenance arrangements as may be required under the Master License Agreements.
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Installed Digital Systems means installed and fully operational Digital Systems subject to an Exhibitor Agreement and a Service Agreement and in respect of which Holdings has delivered a Certificate of Acceptance. For purposes hereof, Digital Systems subject to arrangements with an Approved Exhibitor party to an Exhibitor Agreement permitting such Approved Exhibitor to use its internal service technicians to perform installation and maintenance on such Digital Systems shall be deemed to be subject to a Service Agreement for purposes of this definition provided that (a) such internal service technicians are determined by Holdings in good faith to be qualified to perform such services and (b) such Exhibitor Agreement shall (i) detail the material terms and conditions of such arrangements, (ii) permit Holdings to engage a Digital Systems Servicer at such Approved Exhibitor's expense to restore systems in the event of a failure of the Digital Systems serviced by such internal service technicians that is not remedied within 48 hours and (iii) permit Holdings to require the execution of a Service Agreement with a Digital Systems Servicer within 90 days in the event that the Digital Systems serviced by such internal service technicians experience failure at a materially higher rate than Digital Systems maintained with such Approved Exhibitor pursuant to Service Agreements with Digital Systems Servicers, in each case on terms reasonably acceptable to the Administrative Agent.
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Related to Installed Digital Systems

  • Installed means attached or connected such that an item requires tools for removal.

  • total system means the transmission system and the distribution system of the Board taken together;

  • Hospital system means a hospital and one or more

  • Disposal system means a system for disposing of sewage, industrial waste, or other wastes, or for the use or disposal of sewage sludge. “Disposal system” includes sewer systems, treatment works, point sources, dispersal systems, and any systems designed for the usage or disposal of sewage sludge.

  • Telecommunications Equipment means equipment, other than Customer Premises Equipment, used by a Carrier to provide Telecommunications Services, and include software integral to such equipment, including upgrades.

  • Installation Site means the site at which the Product is originally installed.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Distributor’s Equipment means the Fittings and Metering Equipment owned by the Distributor, the Distributor’s agent, or any other third party with whom the Distributor has contracted with for the use by the Distributor of the party’s Fittings or Metering Equipment that are from time to time installed in, over or on Consumer’s Premises;

  • Installation Services means all those services ancillary to the supply of the Plant and Equipment for the Facilities, to be provided by the Contractor under the Contract; e.g., transportation and provision of marine or other similar insurance, inspection, expediting, site preparation works (including the provision and use of Contractor’s Equipment and the supply of all construction materials required), installation, testing, pre-commissioning, commissioning, operations, maintenance, the provision of operations and maintenance manuals, training, etc.

  • Computer Equipment means Covered Property that is electronic computer or other data processing equipment, including peripherals used in conjunction with such equipment, and electronic media and records.

  • Electrical equipment means underground equipment that contains dielectric fluid that is necessary for the operation of equipment such as transformers and buried electrical cable.

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;

  • Antenna means communications equipment that transmits or receives electromagnetic radio frequency signals used in the provision of wireless services.

  • Installation Works means, as the context so requires,

  • Cabinet x-ray system means an x-ray system with the x-ray tube installed in an enclosure independent of existing architectural structures except the floor on which it may be placed. The cabinet x-ray system is intended to contain at least that portion of a material being irradiated, provide radiation attenuation, and exclude personnel from its interior during generation of radiation. Included are all x-ray systems designed primarily for the inspection of carry-on baggage at airline, railroad, and bus terminals, and in similar facilities. An x-ray tube used within a shielded part of a building, or x-ray equipment that may temporarily or occasionally incorporate portable shielding, is not considered a cabinet x-ray system.

  • Communications Equipment means the communications equipment of the Licensee and its affiliates, including, without limitation, cabinets, racks, electronic equipment and other similar equipment.

  • Modular building manufacturer means a person or corporation who owns or operates a

  • Modules means the Base Modules and Extended Modules.

  • Engines means, as of any date of determination, all Engines then leased hereunder.

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • Port Cargo Handling Equipment means rubber-tired gantry cranes, straddle carriers, shuttle carriers, and terminal tractors, including yard hostlers and yard tractors that operate within ports.

  • Waterworks System or “system” means a system of pipes and structures through which water is obtained and distributed, including but not limited to wells and well structures, intakes and cribs, pumping stations, treatment plants, storage tanks, pipelines and appurtenances, or a combination thereof, actually used or intended for use for the purpose of furnishing water for drinking or household purposes.

  • Engine under the Lease. The term "Engines" means, as of any date of determination, both Engines then leased to the Lessee pursuant to the Lease.

  • functionality means the ability of a tenderer to provide goods or services in accordance with specifications as set out in the tender documents.

  • Standard Software means Software identified as such in Appendix 4 of the Contract Agreement and such other Software as the parties may agree in writing to be Standard Software.

  • Satellite means any satellite owned by the Issuer or any of its Restricted Subsidiaries and any satellite purchased by the Issuer or any of its Restricted Subsidiaries pursuant to the terms of a Satellite Purchase Agreement, whether such satellite is in the process of manufacture, has been delivered for launch or is in orbit (whether or not in operational service).