Examples of IRU Term in a sentence
The term of this Agreement (the "Term") shall begin on the Effective Date and shall end upon expiration of the last IRU Term to expire, provided that, with respect to the Interim IRU, the Term shall extend twenty-five years from the Effective Date.
Rainier Connect will pay TPU $2.5 million annually (“IRU Fee”) during each of the first five years of the IRU term, increasing to $3 million an- nually for all subsequent years of the IRU Term and Extended IRU Terms, adjusted annually based on increases in the Consumer Price Index (“CPI”).
Following execution of the agreements between the parties, the two parties will develop a mutually-agreeable plan for such migration, and will review and revise the plan every three to five years through- out the IRU Term and Extended IRU Terms.
The term of this Agreement in respect of each System Segment (the "IRU Term") shall begin on the applicable Acceptance Date and shall end on the twenty-fifth (25th) anniversary of such Acceptance Date.
To achieve these goals, Rainier Connect will make at least $1.5 million in capital expenditures (“Capital Expenditures”) on the physical assets of the Network during each year of the IRU Term and Extended IRU Terms, adjusted annually based on increases in the Consumer Price Index (“CPI”).
On the expiration of the IRU Term, the IRU can be renewed for two additional periods of 10 years (“Extension IRU Terms”) so long as Rainier Connect is in compliance with all the terms of its contractual relationships with the City of Tacoma and TPU.
TPU commits to maintain attenuation levels not to exceed an overall end to end dB loss greater than 35 dB at the beginning of the IRU term and not to exceed 39.4 dB for the duration of the IRU Term.
At the end of the IRU term or Extended IRU Term, or in the event of Rainier Connect’s default, Tacoma Power will be entitled to all data regarding the existing network and its use, without exception, and nothing in this para- graph will limit Tacoma Power’s access to Rainier Connect’s data, maps, and information regarding the Network.
All responsibility for capital expenditures for the provision of the products and services to Network subscribers will be borne by Raini- er Connect during the IRU Term and Extension IRU Terms other than expenditures necessary to meet Tacoma Power’s obligations for Maintenance on Critical Routes.
All of the operating expenses of the operation of the Network will be borne by Rainier Connect during the IRU Term, other than the Mainte- nance obligations to be assumed by Tacoma Power on Critical Routes.