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Last modified
3/3/2016 11:50:41 AM
Creation date
3/3/2016 11:50:38 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
03/01/2016
Control Number
2016-030
Agenda Item Number
8.P.
Entity Name
City of Fellsmere
Subject
Term Sheet
Dark Fiber License Agreement
Fiber Optic cable
Area
Fellsmere City Hall Building and Welcome Center
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written notice to LICENSEE (even if IRC has already terminated this Agreement for cause <br /> or convenience) and IRC may disconnect the Dark Fiber licensed to LICENSEE under <br /> this Agreement as provided in Section 3.9, below; provided, however, if IRC becomes <br /> certified by the FPSC as a telecommunications company, this Agreement shall remain in <br /> full force and effect. <br /> 3.8 Even If IRC Has Already Terminated For Convenience -- Can Still Terminate For <br /> Cause. Nothing in this Agreement shall be deemed or construed to prohibit the exercise <br /> of IRC's right to terminate for cause hereof at any time after IRC's right to terminate for <br /> convenience hereof has been exercised but has not yet become effective. In the event of <br /> a conflict between the effective date of a notice of termination for cause and the effective <br /> date of a notice of termination for convenience, this Agreement shall terminate on the <br /> earlier of the Early Termination Date or the Day on which the notice of termination for <br /> convenience becomes effective. <br /> 3.9 IRC's Right To Disconnect. In the event that IRC or LICENSEE terminates this <br /> Agreement for convenience or for cause, as set forth above, upon termination of this <br /> Agreement IRC shall have the right after five (5) Days' prior notice to LICENSEE to <br /> disconnect LICENSEE from the Licensed Fibers. IRC shall not be liable to LICENSEE <br /> for any direct or consequential damages suffered by LICENSEE resulting from IRC's <br /> disconnection of the Licensed Fibers. LICENSEE shall remove all of its property, if any, <br /> from the Public Rights-of-Way within thirty (30) Days of IRC's notice of disconnection. If <br /> LICENSEE fails to remove its property within thirty (30) Days LICENSEE's Property shall <br /> be deemed abandoned and IRC shall remove LICENSEE's Property as set forth in Article <br /> 10 below. <br /> ARTICLE 4 <br /> LICENSED FIBERS <br /> LICENSEE shall have the license and privilege of using directly Two (2) Licensed Fibers. <br /> IRC may license additional Fibers to LICENSEE at some time in the future depending <br /> upon availability and at fees to be determined (depending upon configuration, route, and <br /> current market conditions). <br /> ARTICLE 5 <br /> LICENSE FEE <br /> 5.1 License Fee -- General. LICENSEE shall pay to IRC in United States dollars, <br /> monthly and in advance (as set forth in Section 5.2, below) a License Fee for the license <br /> and privilege of using, directly, Two (2) Licensed Fibers, and LICENSEE acknowledges <br /> and agrees that IRC shall be entitled to receive License Fees which are based, in part, <br /> on the recovery of the allocable direct and indirect costs of IRC to design, construct, install <br /> and maintain, and the right to earn a return on IRC's capital investment in, the Fiber and <br /> all items acquired by IRC to make the Telecommunications Infrastructure available for <br /> usage purposes. <br /> 9 <br />
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