SO Property definition

SO Property means any of the MDU Properties for which System Operator has obtained and continues to maintain throughout the term of the Agreement a valid Right of Entry and (i) in which System Operator has installed or maintains a Signal Distribution System, (ii) the initial orders from residents of such property for DIRECTV Programming are submitted by System Operator and transmitted to DIRECTV by System Operator in accordance with the terms of this Agreement, (iii) is not located in an NRTC Area, and (iv) all units in such property are capable of receiving DIRECTV Programming within five (5) business days of ordering such programming.
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SO Property means any of the MDU Properties for which System Operator has obtained and continues to maintain throughout the term of this Agreement a valid Right of Entry and
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Examples of SO Property in a sentence

  • In the event such evidence is not approved by DIRECTV within the Cure Period, DIRECTV shall have the right to cease paying Commissions due to System Operator with respect to SO Subscribers in the noncomplying SO Property.

  • Such report shall, at a minimum, indicate the number of SO Subscribers procured by System Operator, the disconnect or the churn rate of the SO Subscribers procured by System Operator and the penetration rate of SO Subscribers at each SO Property.

  • In the event that System Operator desires to transfer its interest in an SO Property to another system operator of DIRECTV, in addition to other requirements as required by DIRECTV for a given transfer, System Operator agrees to [ *** redacted ***] to defray the administrative cost incurred by DIRECTV to effectuate such transfer in its records.

  • Notwithstanding anything to the contrary contained herein, unless this Agreement is terminated by DIRECTV for an uncured material breach by System Operator (excluding termination under Section 2.5(h)), with respect to each SO Property, the Term shall extend for the initial term of the Right of Entry for each such SO Property obtained by System Operator, with the final expiration date of this Agreement coinciding with the latest Right of Entry expiration date of the SO Property.

  • Unless and until the Signal Distribution System complies with the Technical Specifications, such MDU Property shall not be considered an SO Property.

  • Star Choice will pay System Operator a commission ("Commission") equal to 30% of all Net Receipts received by Star Choice from each active SO Subscriber for each SO Property, per month for Commissionable Programming Packages (excluding Pay per View, to be negotiated at a later date), solely with respect to those Net Receipts received by Star Choice while this Agreement is in effect.

  • Notwithstanding the foregoing, with respect to each SO Property, the Term shall extend for the initial term of the Right of Entry for each such SO Property obtained by System Operator during the said five-year period, with the final expiration date of this Agreement coinciding with the latest Right of Entry expiration date of the SO Properties.

  • Unless and until the Signal Distribution System materially complies with the Technical Specifications, such MDU Property shall not be considered a SO Property.

  • In no event shall System Operator continue to service an MDU Property without a valid Right of Entry and, in the event System Operator no longer has a valid Right of Entry with respect to a particular SO Property, this Agreement shall terminate with respect to such property.

  • Notwithstanding the foregoing, nothing in this Agreement is intended to limit any agreement between System Operator and any owner of a SO Property with respect to the installation and maintenance of the Signal Distribution System.

Related to SO Property

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Hotel Property means a Property on which there is located an operating hotel.

  • New property means (i) the assessed value, after final

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Closing Date pursuant to Section 5.11(c) or 4.02.