Common use of Reversion Clause in Contracts

Reversion. If the Settlement Date has not occurred within five Business Days following the M&A Closing Event (the “Settlement Deadline”), the amendments effected by Section 2.1 to Section 2.13 shall be deemed null and void as if they had not occurred and, accordingly, any non-compliance that may have occurred on or after the date of this Twelfth Supplemental Indenture and prior to the Settlement Deadline may be the basis for declaring an Event of Default with respect to the 2033 Notes as if this Twelfth Supplemental Indenture had not been executed.

Appears in 2 contracts

Sources: Supplemental Indenture (United States Cellular Corp), Twelfth Supplemental Indenture (Sprint Capital Corp)

Reversion. If the Settlement Date has not occurred within five Business Days following the M&A Closing Event (the “Settlement Deadline”), the amendments effected by Section 2.1 to Section 2.13 2.15 shall be deemed null and void as if they had not occurred and, accordingly, any non-compliance that may have occurred on or after the date of this Twelfth Fourteenth Supplemental Indenture and prior to the Settlement Deadline may be the basis for declaring an Event of Default with respect to the 2033 March 2070 Notes as if this Twelfth Fourteenth Supplemental Indenture had not been executed.

Appears in 2 contracts

Sources: Supplemental Indenture (United States Cellular Corp), Supplemental Indenture (Sprint Capital Corp)

Reversion. If the Settlement Date has not occurred within five Business Days following the M&A Closing Event (the “Settlement Deadline”), the amendments effected by Section 2.1 to Section 2.13 2.15 shall be deemed null and void as if they had not occurred and, accordingly, any non-compliance that may have occurred on or after the date of this Twelfth Thirteenth Supplemental Indenture and prior to the Settlement Deadline may be the basis for declaring an Event of Default with respect to the 2033 2069 Notes as if this Twelfth Thirteenth Supplemental Indenture had not been executed.

Appears in 2 contracts

Sources: Thirteenth Supplemental Indenture (United States Cellular Corp), Thirteenth Supplemental Indenture (Sprint Capital Corp)

Reversion. If the Settlement Date has not occurred within five Business Days following the M&A Closing Event (the “Settlement Deadline”), the amendments effected by Section 2.1 to Section 2.13 2.15 shall be deemed null and void as if they had not occurred and, accordingly, any non-compliance that may have occurred on or after the date of this Twelfth Fifteenth Supplemental Indenture and prior to the Settlement Deadline may be the basis for declaring an Event of Default with respect to the 2033 June 2070 Notes as if this Twelfth Fifteenth Supplemental Indenture had not been executed.

Appears in 2 contracts

Sources: Fifteenth Supplemental Indenture (United States Cellular Corp), Fifteenth Supplemental Indenture (Sprint Capital Corp)