Common use of Related Assets Clause in Contracts

Related Assets. Notwithstanding anything to the contrary in this Agreement, if any Asset (other than any FCC License or Spectrum Lease) is used in relation to any Remaining Asset that is not assigned to Buyer at the Closing, then such Asset shall not be transferred at the Closing and shall instead be assigned, transferred and delivered to Buyer together with the related FCC License or Spectrum Lease that is a Remaining Asset at the applicable Supplemental Closing.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Clearwire Corp), Purchase and Sale Agreement (Clearwire Corp)