Common use of Indefeasible Right of Use Clause in Contracts

Indefeasible Right of Use. (A) The County shall possess the indefeasible right to use fiber optic plant dedicated to the I-Net and any extensions or replacements thereof installed by the Franchisee (the "Indefeasible Rights of Use"). The Indefeasible Rights of Use shall be perpetual and shall survive any termination of the franchise agreement. (B) In order to protect the County’s right to continue using the Institutional Network pursuant to this Franchise Agreement, the Franchisee shall cooperate with the County in recording its indefeasible right of use interest in the fibers with the State Department of Assessments and Taxation, the County Clerk, or such other office as may be appropriate.

Appears in 1 contract

Sources: Cable Franchise Agreement

Indefeasible Right of Use. (A) 1. The County shall possess the indefeasible right to use fiber optic plant dedicated to the I-I- Net and any extensions or replacements thereof installed by the Franchisee (the "Indefeasible Rights of Use"). The Indefeasible Rights of Use shall be perpetual and shall survive any termination of the franchise agreement. (B) 2. In order to protect the County’s right to continue using the Institutional Network pursuant to this Franchise Agreement, the Franchisee shall cooperate with the County in recording its indefeasible right of use interest in the fibers with the State Department of Assessments and Taxation, the County Clerk, or such other office as may be appropriate.

Appears in 1 contract

Sources: Franchise Agreement