the Telephone System definition
Examples of the Telephone System in a sentence
Lessee shall pay to Lessor as rent for the Equipment Room/s and as consideration for the other rights as granted to Lessee hereunder monthly payments as scheduled on Exhibit "E" detailing a percentage of the gross receipts of Lessee in connection with the Telephone System and/or the Television System, which percentages vary in accordance with the number of subscribers within the Project using the Telephone System and/or Television System.
Lessee at its sole cost shall respond to any and all reasonable inquiries or requirements of the tenants within the Project relating to the Telephone System or Television System and shall respond within twenty-four (24) hours of notification to all service calls, excluding Sundays and national holidays, in which case response shall be made on the immediately succeeding business day.
The computation of the above described time period shall be made separately for the Telephone System and separately for the Television System.
Lessor shall have no obligation of any kind whatsoever for maintenance and repair of any such equipment or any portions of either the Telephone System and/or the Television System.
Lessee shall provide to Lessor, along with the monthly rental payment, a report showing the number of subscribers and gross monthly receipts for both the Telephone System and Television System.
Lessee shall have the right of free access to the Telephone and Television Cable Areas to inspect, maintain, install, replace and repair the wire, cable and other accessories associated with the Telephone System and/or the Television System, and to the remainder of the Property for the purpose of repair and maintenance of the wiring, cable and accessories relating to the Telephone System and/or Television System, and for the purpose of repairing and maintaining such systems.
It is acknowledged that Lessor has installed certain wiring and cable at the Project in connection with the Telephone System and the Television System.
The term "gross receipts" as used herein shall refer to the gross amount as received from time to time by Lessee in connection with or relating in any fashion to the operation of the Telephone System and Television System at the Project.
Lessee shall service and actively market both the Television System and the Telephone System to all tenants within the Project.
Lessee shall have the right to deduct from the gross receipts all taxes and fees imposed on the Telephone System and/or Television System and on the revenue generated by the Telephone System and/or the Television System that are included in said receipts.