Telecommunication Assets definition

Telecommunication Assets means (a) all interest of any Person in any kind of property or asset, whether real, personal or mixed, tangible or intangible (other than cash or Cash Equivalents), including Equity Interests, used in the Telecommunications Business or (b) the Equity Interests of any Person engaged primarily in the Telecommunications Business.
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Telecommunication Assets means, with respect to any Person, Equipment and other properties or assets (whether tangible or intangible) used in the telecommunications business, including, without limitation, fiber optic cable, in-building wiring, metro fiber, long haul fiber, switches, innerducts, fiber conduits, in-building wiring, rights-of-way, rights with respect to indefeasible rights of use (which is the right to use a telecommunications system, usually an underground cable, with most of the rights and duties of ownership, but without the right to control or manage the facility and depending upon the particular agreement, without any right to salvage or duty to dispose of the system’s cable at the end of its useful life), minimum assignable ownership units (which is capacity on a telecommunications system, usually an underground fiber optic cable, acquired on an ownership basis) or minimum investment units (or similar interests) in fiber optic cable and international or domestic telecommunications switches or other transmission facilities, including monitoring and related administrative support facilities (or Capital Stock of a Person that becomes a Subsidiary, the assets of which consist primarily of any such Telecommunications Assets), in each case purchased, or acquired through a Capital Lease, by such Person.
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Telecommunication Assets means, with respect to any Person, equipment and other properties or assets (whether tangible or intangible) used in the telecommunications business, including, without limitation, rights with respect to indefeasible rights of use (which is the right to use a telecommunications system, usually an undersea cable, with most of the rights and duties of ownership, but without the right to control or manage the facility and depending upon the particular agreement, without any right to salvage or duty to dispose of the system's cable at the end of its useful life), minimum assignable ownership units (which is capacity on a telecommunications system, usually an undersea fiber optic cable, acquired on an ownership basis) or minimum investment units (or similar interests) in fiber optic cable and international or domestic telecommunications switches or other transmission facilities, including monitoring and related administrative support facilities (or Capital Stock of a Person that becomes a Subsidiary, the assets of which consist primarily of any such Telecommunications Assets), in each case purchased, or acquired through a Capital Lease, by Borrower.
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Examples of Telecommunication Assets in a sentence

  • Upon the reasonable request of Buyer ------------------ and at its expense, Seller will on and after the Closing Date execute and deliver to Buyer such other documents, releases, assignments and other instruments as may be required to effectuate completely the transfer and assignment to Buyer of, and to vest fully in Buyer title to, the Telecommunication Subsidiary Shares and the Seller Telecommunication Assets, and to otherwise carry out the purposes of this Agreement.

  • Borrower shall use the proceeds of Loans made or Letter of Credit Accommodations provided by Lender to Borrower pursuant to the provisions hereof only for the cost (including the cost of design, development, construction, acquisition, licensing, installation or integration) of Telecommunication Assets and including costs, expenses and fees in connection with the preparation, negotiation, execution and delivery of this Agreement and the other Financing Agreements.

  • The Borrower and/or its Subsidiaries shall, on or prior to the Closing Date and at all times thereafter during the term of the Loans, and except as set forth on Schedule 8.17 or as may be provided to the Borrower by TriVergent pursuant to the Management Services Agreement, own all Telecommunication Assets used or useful in the operation of the Telecommunications Business of the Borrower and its Subsidiaries.

  • The Borrower and its Subsidiaries shall, at all times, own or lease (as lessee) all Telecommunication Assets used or useful in the operation of the Telecommunications Business of the Borrower and its Subsidiaries.

  • Seller Telecommunication Assets ------------------------------- Conveyance .

  • The determination of what constitutes Telecommunication Assets shall be made by the Board of Directors and evidenced by a Board Resolution delivered to the Trustee.

  • Seller shall ------------------------------------------- have assigned, transferred or conveyed the Seller Telecommunication Assets and the Seller Telecommunication Liabilities to any one or all of the Telecommunication Subsidiaries.