AIRADIGM Clause Samples

AIRADIGM. In the event that any PCS License originally granted to Airadigm Communications, Inc. or an Affiliate is auctioned by the FCC, AT&T PCS or an Affiliate shall enter into an agreement with a qualified entity selected by AT&T PCS (the "Qualified Entity") pursuant to which (i) AT&T PCS shall fund an amount equal to one-third of the purchase price of any such license for which such Qualified Entity is the successful bidder (a "Reauctioned License"), provided that AT&T PCS shall not be obligated to fund an amount in excess of $33.333 million in total for such Reauctioned Licenses and TeleCorp agrees to fund the remaining two-thirds, (ii) such Qualified Entity shall, subject to applicable FCC requirements, promptly undertake all actions necessary to disaggregate each Reauctioned License, so that 10 MHz of each such Reauctioned License shall be retained by such Qualified Entity and 20 MHz of each such Reauctioned License shall be assigned or otherwise transferred to TeleCorp. AT&T PCS and TeleCorp shall cooperate in obtaining any regulatory approvals required to effectuate the provisions of this Section 2(b).