POIL definition

POIL means a dedicated electronic communications link established for the purpose of conveying Calls between the Systems of the Parties;
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POIL shall have the meaning ascribed to such term in Recital D.
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Examples of POIL in a sentence

  • Each Party shall have the right to establish and provide POILs. For each proposed POIL the Party that proposes a POIL on the most advantageous terms to both Parties (including without limitation with regard to the price, installation time and quality of such proposed POIL) shall provide the POIL.

  • The Parties agree and shall ensure that FSL, FOL and POIL shall withdraw or agree to withdraw the Scheme only with the prior written consent of all the Parties.

  • The Parties shall agree on the technology to be used for the POIL prior to the purchase of the POIL.

  • The Parties agree that the costs for any POIL will be shared between the Parties on a 50/50 basis.

  • Further, each of the members of the Privi Group, Adi Group and Fairfax India agrees that it shall consent to amendments to the Scheme, as requested by FSL, POIL or FOL, if: (i) such amendments are not material amendments; or (ii) such amendments are required to be made pursuant to the directions received from the NCLT or any other Governmental Authority and such amendment does not adversely affect the interests of any Party.

  • The Nahoosh Group, the Privi Group, Fairfax India, FSL, POIL and FOL shall collectively be referred to as “Parties” and individually as a “Party”.