Systems Franchises

Systems Franchises. The term "Systems Franchises" shall mean and refer to the franchises, permits and similar authorizations included among such Party's Assets (other than such Party's Systems Licenses) described on SCHEDULE 1.27, and all rights and benefits of such Party, including the rights and benefits arising under Section 626 of the Communications Act (47 U.S.C. 546) to the extent applicable to such Party's Systems Franchises. Reference to PARTY A Systems Franchises shall be deemed to refer to the Systems... Franchises of PARTY A, and reference to PARTY B Systems Franchises shall be deemed to refer to the Systems Franchises of PARTY B, in each case, as included among such Party's Assets. View More