Grant of Rights and Delivery Sample Clauses

Grant of Rights and Delivery. 1.1 Purchaser agrees to purchase and FA-1 agrees to grant to Purchaser, the Rights for the sum of *** (the "Purchase Price"), payable in accordance with the schedule set forth in clause 2.1, in each case subject to the terms and conditions of this Agreement. 1.2 Where provision is made in this Agreement for the provision of operations and maintenance services ("O&M") by FA-1, O&M shall be provided by FA-1 to Purchaser *** in accordance with Schedule 3. 1.3 Testing and Inspection 1.4 The fibre pair so allocated is herein referred to as the "Allocated Fibre Pair". Except as set out below, the Preliminary Bandwidth (as such term is described in Schedule 2) will be provided and the rest of the Capacity will be installed on the Allocated Fibre Pair. *** *** 1.5 Upon the Initial RFS Date, FA-1 will activate the Preliminary Bandwidth of the Capacity in each of Links 2, 5, 6 in accordance with the terms of this Agreement. 1.6 Upon the Final RFS Date, FA-1 will activate the Preliminary Bandwidth of the Capacity in Link 9 in accordance with the terms of this Agreement. 1.7 Subject to Purchaser complying with clause 2.1, the Rights shall pass to and vest in Purchaser as follows: 1.7.1 in the Capacity, from the Initial RFS Date for the Initial Stage and from the Final RFS Date for the Final Stage; 1.7.2 in the Dark Fibre Pair and in each Facility (as such term is described in Schedule 2), from the date that the relevant Landing Station, Terminal Point or amplifier/regenerator site is made available to FA-1 for the installation of its equipment being at least 120 days prior to the Initial RFS Date; 1.7.3 The Rights shall subsist until the System is decommissioned in accordance with clause 8; 1.7.4 Purchaser shall have no legal ownership or other rights in the System itself or in the physical assets thereof, in any proceeds from the disposition of the System or in any other capacity therein, except as specifically provided herein. 1.8 Except as otherwise required by law or generally accepted accounting policies, the Parties agree to file their respective income tax returns to reflect the terms of clause 1.7 and not to take any actions inconsistent therewith. 1.10 Notwithstanding anything in this Agreement to the contrary, following the grant of any of the Rights relating to the Capacity or Dark Fibre Pair, Purchaser may resell, assign, transfer or otherwise use any such rights for any lawful purpose. Notwithstanding any resale, assignment or transfer, Purchaser remains ...
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Grant of Rights and Delivery 
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Related to Grant of Rights and Delivery

  • Notice and Delivery Any notice mailed to you will be deemed delivered and received by you, five days after the postmark date. This fifth day following the postmark is the receipt date. Notices will be mailed to the last address we have in our records. You are responsible for ensuring that we have your proper mailing address. Upon your consent, we may provide you with notice in a delivery format other than by mail. Such formats may include various electronic deliveries. Any notice, including terminations, change in personal information, or contributions mailed to us will be deemed delivered when actually received by us based on our ordinary business practices. All notices must be in writing unless our policies and procedures provide for oral notices.

  • Purchase and Delivery Payment for the Firm Offered Securities shall be made to the Company in Federal or other funds immediately available in New York City at the closing time and place set forth in Schedule I hereto, or at such other time on the same or such other date, not later than the fifth business day thereafter, as may be designated by you in writing. The time and date of such payment are hereinafter referred to as the “Closing Date.” Payment for any Additional Offered Securities shall be made to the Company in Federal or other funds immediately available in New York City at the closing place referred to above on such date of your determination (which may be the same as the Closing Date but shall in no event be earlier than the Closing Date nor later than ten business days after the giving of the notice hereinafter referred to) as shall be designated in a written notice from you to the Company, on behalf of the Underwriters, to purchase a number, specified in said notice, of Additional Offered Securities, or on such other date as shall be designated in writing by you. In any event, such payment date shall be not later than __________, 20__. The time and date of such payment are hereinafter referred to as the “Option Closing Date.” The notice of the determination to exercise the option to purchase Additional Offered Securities and of the Option Closing Date may be given at any time within 30 days after the date of this Agreement. Payment for the Firm Offered Securities or any Additional Offered Securities shall be made against delivery to you on the Closing Date or the Option Closing Date, as the case may be, for the respective accounts of the several Underwriters, of the Firm Offered Securities or any Additional Capital Securities, as the case may be, registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date or the Option Closing Date, as the case may be, with any transfer taxes payable in connection with the transfer of the Firm Offered Securities or any Additional Offered Securities, as the case may be, to the Underwriters duly paid.

  • Execution and Delivery The Guaranteeing Subsidiary agrees that the Guarantee shall remain in full force and effect notwithstanding the absence of the endorsement of any notation of such Guarantee on the Notes.

  • Payment and Delivery Payment for the Option Shares shall be made on the Option Closing Date by wire transfer in Federal (same day) funds, payable to the order of the Company upon delivery to you of certificates (in form and substance satisfactory to the Underwriters) representing the Option Shares (or through the facilities of DTC) for the account of the Underwriters. The Option Shares shall be registered in such name or names and in such authorized denominations as the Representative may request in writing at least one (1) full Business Day prior to the Option Closing Date. The Company shall not be obligated to sell or deliver the Option Shares except upon tender of payment by the Representative for applicable Option Shares.

  • Order and Delivery The Contract shall bind the Contractor to furnish and deliver the Goods or Services in accordance with Exhibit A and at the prices set forth in Exhibit B. Subject to the sections in this Contract concerning Force Majeure, Termination and Open Market Purchases, the Contract shall bind the Client Agency to order the Goods or Services from the Contractor, and to pay for the accepted Goods or Services in accordance with Exhibit B.