Right of Revocation of Access to Dark Fiber Sample Clauses

The Right of Revocation of Access to Dark Fiber clause grants the provider the authority to terminate or restrict a user's access to unused fiber optic infrastructure, commonly referred to as dark fiber. In practice, this means that if certain conditions are met—such as breach of contract, non-payment, or regulatory requirements—the provider can revoke the lessee's rights to use the dark fiber, potentially with prior notice or under specific circumstances. This clause is essential for protecting the provider's interests and ensuring they retain control over valuable network assets, especially in situations where continued access could pose legal, financial, or operational risks.
Right of Revocation of Access to Dark Fiber. Should CLEC not utilize the fiber strands subscribed to within the 12-month period following the date SBC-AMERITECH provided the fibers, SBC-AMERITECH may revoke CLEC’s access to the dark fiber and recover those fiber facilities and return them to SBC-AMERITECH inventory.
Right of Revocation of Access to Dark Fiber. 9.2.3.9.1 Should CLEC not utilize the fiber strands subscribed to within the 12-month period following the date SBC-AMERITECH provided the fibers, SBC- AMERITECH may revoke CLEC’s access to the dark fiber and recover those fiber facilities and return them to SBC-AMERITECH inventory. 9.2.3.9.1 SBC-AMERITECH may revoke CLEC’s right to use the dark fiber, whether or not being utilized by CLEC upon twelve (12) months’ written notice to CLEC. To exercise this right of revocation, SBC-AMERITECH must demonstrate to CLEC that the dark fiber will be needed to meet SBC-AMERITECH’s bandwidth requirements within the 12 months following the revocation.
Right of Revocation of Access to Dark Fiber. A. Should **CLEC not utilize the fiber strand(s) subscribed to within the twelve (12)-month period following the date CenturyLink provided **CLEC the fiber(s), CenturyLink may revoke **CLEC’s access to the Dark Fiber and recover those fiber facilities and return them to CenturyLink’s inventory. B. If, at any time, CenturyLink determines that it will not have sufficient fiber to meet its bandwidth requirements within the twelve (12) months following the determination, CenturyLink may reclaim from **CLEC the right to use the Dark Fiber, whether or not **CLEC is utilizing the Dark Fiber. CenturyLink shall provide **CLEC six (6) months’ written notice of its intention to reclaim Dark Fiber. CenturyLink will provide an alternative facility for **CLEC with the same bandwidth **CLEC was using prior to reclaiming the facility.

Related to Right of Revocation of Access to Dark Fiber

  • Right of Revocation Guarantor understands and agrees that Guarantor may revoke its future obligations under this Guaranty at any time by giving Bank written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank receives such notice delivered either by: (a) personal delivery to the address and designated department of Bank identified in subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank at the address shown in subparagraph 1 (a) above. Notwithstanding such revocation, Guarantor shall remain liable on its obligations hereunder until payment in full to Bank of (x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor.

  • Termination of Right of First Refusal The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

  • Termination of Right of First Offer Subject to the following provisions of this Section C, the rights of Tenant hereunder with respect to the Offering Space shall terminate on the earlier to occur of: (i) Tenant’s failure to exercise its Right of First Offer within the seven (7)-day period provided in Section A above; and (iii) the date Landlord would have provided Tenant an ROFO Advice if Tenant had not been in violation of one or more of the conditions set forth in Section A above. If Tenant does not timely exercise its Right of First Offer pursuant to this Section VII, Tenant shall have no further right to lease the Offering Space pursuant to this Section VII, except that (x) before Landlord makes or accepts an offer to lease such Offering Space to a bona fide prospect at an Annual Fixed Rent less than 95% of that set forth in the most recently delivered ROFO Advice or (y) if Landlord has not entered into a lease for such Offering Space within three (3) months after the date (the “Refusal Date”) on which Tenant elects, or is deemed to have elected, not to exercise its right to lease such Offering Space pursuant to the most recently delivered ROFO Advice, then, in either such case, Landlord shall again offer to lease such Offering Space to Tenant pursuant to the provisions of this Section VII, and the terms of this Section VII shall continue to apply to such Offering Space, except that Tenant shall have three (3) Business Days to respond to such offer in the event of a re-offer pursuant to clause (x) above (but Tenant shall have seven (7) days to respond to any re-offer pursuant to clause (y) above). Notwithstanding the foregoing, if, on or before the date that is thirty (30) days after any applicable Refusal Date, Landlord enters into a letter of intent to lease such Offering Space and gives Tenant written notice thereof identifying the other party to such letter of intent (the “Deal Notice”), then Landlord shall have one hundred twenty (120) days after the date of the Deal Notice to enter into a lease with the bona fide prospect identified in the Deal Notice before Tenant’s Right of First Offer with respect to such Offering Space shall re-accrue under clause (y) above (but this shall not affect any potential re-accrual of such right under clause (x) above). After Landlord has leased the Offering Space to a third party in accordance with the provisions of this Section VII, Tenant shall have no further right to lease such Offering Space pursuant to this Section VII.

  • Right of Use 8.1 Unless otherwise stated in Appendix 7, the Customer may only use the released material for his own purposes and only to the extent that it is necessary to maintain and further develop the program’s functions as it can be considered guaranteed and assumed in the protected agreement, cf. Appendix 2.

  • Waiver of Right of First Refusal The Company hereby waives any preexisting rights of first refusal applicable to the transactions contemplated hereby.