WDS Assets definition

WDS Assets means and refer to those portions of the Wireless Communications Access System that are installed by Licensee and used solely by the Wireless Data System portion of the Wireless Communications Access System.
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Examples of WDS Assets in a sentence

  • The value of the WDS Assets shall be amortized over the Term of this Agreement from the date of Acceptance until the date of lease expiration.

  • Subject to any warranty provided by Licensee, the Port shall be responsible for any and all monitoring, repairs and maintenance to the WDS Assets from and after Acceptance.

  • The Port and Licensee agree that the License Fee paid to the Port together with, upon Acceptance, the reasonable value of the WDS Assets shall be the contract rent for the Premises.

  • Given that the value of the WDS Assets was fully amortized over the original Term of the Agreement, the Port and Licensee agree that the License Fee paid to the Port shall be the contract rent for the Premises over the Extension Term.

  • Licensee shall, at is sole cost and expense, be responsible for any and all repair or restoration of the WCN Assets, the Shared Assets, the WDS Assets prior to Acceptance, any Alterations to any of them, and any other facilities, installations or improvements made by Licensee that may be necessary as a result of any casualty.

  • Otherwise, Licensee shall have no obligation of repair and/or maintenance as to the WDS Assets.

  • Otherwise, any monitoring, repair and maintenance of the WDS Assets shall be at the Port’s sole cost and expense.

  • In the event that the Port makes the election set forth in Section 10.2.2, Licensee shall keep the WDS Assets in good order, maintenance and repair, reasonable wear and tear excepted.

  • Immediately upon Acceptance, the WDS Assets shall, subject to the General Warranties and Post-Acceptance Warranties, pass automatically to the Port, without payment therefor, and Licensee shall, except as otherwise specifically set forth in this Agreement, have no further rights therein.

  • Licensee shall undertake all monitoring and maintenance and make all repairs and replacements, ordinary, as well as extraordinary, foreseen and unforeseen, which may be necessary or required so that at all times the WDS Assets are in thorough good order, condition and repair.

Related to WDS Assets

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Gross Assets means the total of fixed assets and current assets;

  • Purchased Assets has the meaning set forth in Section 2.1.