Telecos definition

Telecos means, collectively, NTELOS Telephone Inc., a Virginia corporation, Roanoke & Botetourt Telephone Company, a Virginia corporation, and any other Subsidiary of the Borrower that is engaged in a regulated wireline telecommunications business and is acquired or formed by the Borrower or any of its Subsidiaries after the Effective Date.
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Telecos means, collectively, Lumos Telephone Inc., a Virginia corporation, Roanoke and Botetourt Telephone Company, a Virginia corporation, and any other Subsidiary of the Borrower that (i) is regulated by any PUC, (ii) is required to obtain a Governmental Approval from one or more PUCs prior to entering into the Guaranty or the Security Agreement, (iii) (x) has not been able to obtain the required Governmental Approvals described in clause (ii) of this definition after using commercially reasonable efforts to obtain such Governmental Approvals (determined in the reasonable discretion of the Administrative Agent) or (y) the Administrative Agent has determined in its reasonable discretion that the cost to the Borrower and its Subsidiaries of obtaining the required Governmental Approvals described in clause (ii) of this definition would materially exceed the relative benefit to the Secured Parties, and (iv) is acquired or formed by the Borrower or any of its Subsidiaries after the Closing Date.
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Examples of Telecos in a sentence

  • To the extent permitted by applicable law, cause the Telecos to pay monthly cash dividends, directly or indirectly, to the Borrower no later than fifteen days after the end of each calendar month in an amount for each Teleco not to exceed its Distributable Cash Flow for such calendar month.

  • Notwithstanding the foregoing, the Negative Pledgors shall not create, incur, assume or suffer to exist any Debt other than the Telecos with respect to Debt permitted by clauses (ii), (iii), (v), (vi), (ix), (x), (xi) and (xii) above; provided that, any Debt of the Telecos described in Section 5.02(f)(i)(D) shall be limited as provided therein.

  • Notwithstanding the foregoing, the Negative Pledgors shall not create, incur, assume or suffer to exist any Debt except that the Telecos may incur Debt permitted by clauses (ii), (iii), (v), (vi), (viii), (ix), (x), (xi), (xii), (xiii) and (xiv) above; provided that, any Debt of the Telecos described in Section 5.02(f)(i)(D) shall be limited as provided therein.

  • To the extent permitted by applicable law, cause the Telecos to pay monthly cash dividends, directly or indirectly, to the Borrower no later than fifteen days after the end of each calendar month in an amount for each Teleco not to exceed its Distributable Cash Flow for such calendar month; provided, that, notwithstanding the foregoing, (i) during the period commencing on the RUS Signing Date and ending on December 31, 2010, the amount of cash dividends required to be made by NTELOS Telephone Inc.

  • To the extent permitted by Applicable Law, cause the Telecos to pay quarterly cash dividends, directly or indirectly, to the Borrower no later than fifteen days after the end of each fiscal quarter an amount for each Teleco not to exceed its Distributable Cash Flow for such fiscal quarter; provided, that, notwithstanding the foregoing, (i) during the period commencing on January 1, 2011 and ending on December 31, 2011, the amount of cash dividends required to be made by NTELOS Telephone Inc.

Related to Telecos

  • Telecommunication Services means transmitting or relaying

  • Telecommunications company means a person engaged in the furnishing of telecommunications service within this state.

  • telecommunications network means any wire, radio, optical, or other electromagnetic system used to route, switch, or transmit telecommunications;

  • Telecommunication ’ means any transmission, emission or reception of signs, signals, writings, images and sounds or intelligence of any nature by wire, radio, optical or other electromagnetic systems.

  • telecommunication service means service of any description (including electronic mail, voice mail, data services, audio text services, video text services, radio paging and cellular mobile telephone services) which is made available to users by means of any transmission or reception of signs, signals, writing, images and sounds or intelligence of any nature, by wire, radio, visual or other electromagnetic means;