Telecommunications Assets definition

Telecommunications Assets means all assets, rights (contractual or otherwise) and properties, real or personal, whether tangible or intangible, used or intended for use in connection with a Telecommunications Business.

Telecommunications Assets means all assets, rights (contractual or otherwise) and properties, whether tangible or intangible, used or intended for use in connection with a Telecommunications Business.

Telecommunications Assets means all assets, rights (contractual or otherwise) and properties, whether tangible or intangible, used or intended for use in connection with a Telecommunications Business and the Equity Interests of a Person engaged entirely or substantially entirely in a Telecommunications Business.

Examples of Telecommunications Assets in a sentence

• Impairment reversals arise where there is clear evidence that the recoverable value of Industrial Property or Telecommunications Assets exceed their book value, up to the amount of the original impairment.

• Each Borrower Party has received, and is in all respects in compliance with all State PUC Licenses and the applicable State Telecommunications Laws, except any such failure to comply which has not, and could not reasonably be expected to have, a Materially Adverse Effect or result in such Borrower Party not being authorized to own or operate any material portion of its Telecommunications Assets, or incur or remain liable with respect to any of the Obligations or Liens granted as security therefore.

• The Company or a Subsidiary may, within 365 days of the Asset Sale, invest the Net Cash Proceeds thereof in Telecommunications Assets or to repay any Pari Passu Indebtedness of the Company or any Subsidiary (including the repurchase of Notes).

• Impairment charges arise where the book value of Industrial Property, Telecommunications Assets or Investments exceed their estimated recoverable value.

• Impairment charges arise where the book value of Industrial Property or Telecommunications Assets exceed their estimated recoverable value.

More Definitions of Telecommunications Assets

Telecommunications Assets means any (i) entity or business substantially all the revenues of which are derived from (a) providing transmission of sound, data or video; (b) the sale or provision of phone cards, "800" services, voice mail, switching, enhanced telecommunications services, telephone directory or telephone number information services or telecommunications network intelligence; or (c) any business ancillary or directly related to the businesses referred to in clause (a) or (b) above and (ii) any assets used primarily to effect such transmission or provide the products or services referred to in clause (a) or (b) above and any directly related or ancillary assets including, without limitation, licenses and applications, bids and agreements to acquire licenses, or other authority to provide transmission services previously granted, or to be granted, by the FCC.

Telecommunications Assets means (a) any Property (other than cash, cash equivalents and securities) used in the Telecommunications Business; (b) for purposes of Section 4.03, Section 4.04 and Section 4.10 only, Capital Stock of any Person, or (c) for all other purposes of this Indenture, Capital Stock of a Restricted Group Member or a Person that becomes a Restricted Group Member as a result of the acquisition of such Capital Stock by the Company or another Restricted Group Member, in each case, acquired from any Person (other than a Subsidiary of the Company or a Permitted International Joint Venture) in a bona fide transaction; provided, however, that, in the case of clause (b) or (c), such Person is primarily engaged in the Telecommunications Business.

Telecommunications Assets means all assets (including Capital Stock), rights (contractual or otherwise) and properties, real or personal, whether tangible or intangible, used or intended for use in connection with a Telecommunications Business.

Telecommunications Assets means all assets, rights (contractual or otherwise) and properties, whether tangible or intangible, used by the Company and its Restricted Subsidiaries in the Telecommunications Business owned and operated by the Company and its Restricted Subsidiaries; provided that Capital Stock shall constitute Telecommunications Assets only to the extent it represents Capital Stock of a Person engaged in a Telecommunications Business and such Person becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary.

Telecommunications Assets means (a) any Property (other than cash, cash equivalents and Capital Stock or other securities) to be owned by the Parent or any Restricted Subsidiary and used in the Telecommunications Business; or (b) Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Parent or another Restricted Subsidiary from any Person other than an Affiliate of the Parent; provided, however, that, in the case of clause (b), such Person is primarily engaged in the Telecommunications Business; and provided further, however, that for purposes of the definition of Purchase Money Debt, Telecommunications Assets shall consist only of Property described in clause (a) above and shall not include Property constituting all or substantially all the assets of a business or an operating unit of a business.

Telecommunications Assets only, "Affiliate" shall also mean any beneficial owner of shares representing 10% or more of the total voting power of the Voting Stock on a fully diluted basis of the Company or of rights or warrants to purchase such Voting Stock, whether or not currently exercisable, and any Person who would be an Affiliate of any such beneficial owner pursuant to the first sentence hereof.

Telecommunications Assets means (1) assets used or useful in the operating businesses of the Company at the Closing Date or in a Related Business or (2) equity interests representing a majority of the Voting Stock of Persons engaged in such businesses.