Announced Transaction Sample Clauses
Announced Transaction. Sprint Enterprises, L.P., TCI Telephony Services, Inc., Comcast Telephony Services and Cox Telephony Partnership have executed a Restructuring and Merger Agreement and related agreements that provide for restructuring the ownership of Sprint Spectrum L.P., SprintCom, Inc., PhillieCo Partners I, L.P., and ▇▇▇ Communications PCS, L.P. Upon consummation of the transactions contemplated by those agreements, Sprint would control each of the four entities. While Sprint and Sprint PCS anticipate the proposed transactions will be consummated, there can be no assurances.
Announced Transaction. At all times, Borrower shall diligently pursue the Announced Transaction, and (ii) on or before the Announced Transaction Closing Date, (A) consummate the Announced Transaction and (B) pay and satisfy all Obligations owed by Borrower to Agent and Lenders in full in cash on or before the Announced Transaction Closing Date.
