Common use of Discontinuance of Operations Clause in Contracts

Discontinuance of Operations. In the event that CUE decides for any reason to discontinue Network operations or services provided hereunder, CUE shall; (a) give the Affiliate at least ninety (90) days notice of discontinuance of operation; (b) if requested, assign any FM subcarrier agreements used to provide service in the Service Area to the Affiliate; and (c) offer to sell the Affiliate, at the then depreciated cost, any equipment located at the radio station, necessary to operate on the FM subcarrier paging system. If the Affiliate elects to purchase the radio station equipment pursuant to this paragraph; the Affiliate shall receive a credit up to the amount or the one time Network charge paid under paragraph 2(a) of this Agreement or a similar provision under a previous agreement.

Appears in 3 contracts

Sources: Regional Affiliate Agreement (Satellink Communications Inc), Regional Affiliate Agreement (Satellink Communications Inc), Regional Affiliate Agreement (Satellink Communications Inc)