Common use of Third Lien Clause in Contracts

Third Lien. This Amendment and Waiver shall become effective with respect to the Third Lien Exchange Agreement as of the date hereof when this Amendment and Waiver has been duly executed and delivered by Parent, NextWave, Broadband, the other guarantors signatory hereto and the Required Holders under each Note Agreement.

Third Lien. This Except as set forth in Sections 1 and 2, this Amendment and Waiver shall become effective with respect to the Third Lien Exchange Agreement as of the date hereof when this Amendment and Waiver has been duly executed and delivered by Parent, NextWave, BroadbandPacketVideo, the other guarantors signatory hereto and the Required Holders under each Note the Third Lien Exchange Agreement.