Common use of Vendor Remedies Clause in Contracts

Vendor Remedies. The LLC hereby acknowledges that pursuant to the Encumbrances granted by Pathnet to certain equipment vendors, service providers or other lenders, in accordance with Section 9.3.2, such vendors, providers or lenders shall have the right to assume and perform Pathnet's rights and obligations under this Agreement and the other documents, instruments and agreements executed in connection herewith and will be bound by the terms hereof and thereof.

Vendor Remedies. The LLC Incumbent hereby acknowledges that pursuant to the Encumbrances granted by Pathnet to certain equipment vendors, service providers or other lenders, lenders in accordance with Section 9.3.28.3.2, such vendors, service providers or other lenders shall have the right to assume and perform Pathnet's rights and obligations under this Agreement and the other documents, instruments and agreements executed in connection herewith and will be bound by the terms hereof and thereofherewith.