NCM Equipment definition

NCM Equipment means all Equipment, including all NCM Equipment (as each such term is defined in the NCM Agreement), located at the Theatres.
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NCM Equipment has the meaning assigned to it in Section 2.3.
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Examples of NCM Equipment in a sentence

  • Subject to the provisions of Section 2.3 with respect to transfer of title to NCM Equipment, at least thirty (30) days prior to any Disposition, NCM shall be permitted to enter the affected Theatre(s) and remove any NCM Property.

  • Network Affiliate shall at all times use the NCM Equipment and the Service in accordance with such policies and procedures of NCM as NCM may reasonably impose from time to time.

  • For any NCM Equipment located in Theatres or otherwise in Network Affiliate’s possession or control, Network Affiliate shall be responsible for any loss, theft or damage of or to NCM Equipment to the extent attributable to the negligence or wrongdoing of Network Affiliate.

  • NCM shall depreciate the cost of the NCM Equipment on a calendar quarterly basis, provided that the method used will result in full depreciation at the end of the five-year period commencing on the Effective Date.

  • The costs of removal of NCM Equipment from any Theatre to which Service has been permanently discontinued shall be borne by Network Affiliate.

  • Upon payment of such amount to NCM by Network Affiliate at the time of such expiration or termination, NCM’s ownership interest in the NCM Equipment will transfer to Network Affiliate.

  • Upon expiration or termination of the Agreement for any reason, Network Affiliate shall pay NCM the value of the NCM Equipment, if any, that remains on NCM’s financial statements as of the time of such expiration or termination.

  • Network Affiliate further agrees to keep all NCM Equipment, including without limitation video display terminals, clean, and to promptly notify NCM if any NCM Equipment is not functioning properly.