Handset Financing definition

Handset Financing means financing provided under those certain agreements between NII and certain Motorola affiliates, and various international subsidiaries of NII and certain Motorola affiliates, through which NII and each NII subsidiary agrees to purchase Motorola handsets.

Examples of Handset Financing in a sentence

  • For the avoidance of doubt, there is no obligation in sub-clause 10.17(ii) in respect of any change of any applicable Acts, laws or regulations following Completion in connection with the Handset Financing Ruling.

  • None of the Credit Parties shall make any voluntary or optional prepayment of any Indebtedness for borrowed money incurred or permitted to exist under the terms of this Agreement, other than the Indebtedness under this Agreement, under the EFA and in respect of Permitted Handset Financing and except for prepayments on intercompany indebtedness which are applied as provided in Section 2.5.

  • None of the Company, the Borrower or any Foreign Affiliate shall make any voluntary or optional prepayment of any Indebtedness for borrowed money incurred or permitted to exist under the terms of this Agreement, other than the Indebtedness evidenced by the Financing Note and Permitted Handset Financing.