Common use of Tender Process Clause in Contracts

Tender Process. Clearwire will designate a senior member of its spectrum acquisition management (a "Senior Spectrum Manager") to meet in person or telephonically with the Licensee Representatives or their designee at a mutually agreeable time in the first week of each month after the Effective Date of this Agreement to consult on matters related to the SOSC provisions of Section 3.10 (the "SOSC Committee"). As frequently as necessary, but in all events not less frequently than once per month, the Senior Spectrum Manager and the Licensee Representatives (or their designated representatives) shall confer concerning objectives in progress with respect to SOSC opportunities. The Licensee Representatives will present a list of EBS systems then subject to contract with a Licensee or targeted by the Licensee for acquisition that meets the Quality Spectrum definition (each such proposal, a "Tender"). Unless subject to Clearwire Parent board approval, Clearwire shall enter in a SOSC IUA in respect of Tendered spectrum capacity (A) within 60 days of the date of the Tender or (B) if the Tendered spectrum capacity represents channels that are the subject of a binding agreement executed within 90 days from the date of the Tender, upon the Closing thereof.