Sprint Financing definition
Sprint Financing means any accounts receivable, installment sales contract, lease, inventory, or similar financial asset securitization, financing or factoring transaction, or series of transactions that may be entered into by Sprint Corporation or any of its Subsidiaries which may, but need not, include transactions pursuant to which (a) Sprint Corporation or any of its Subsidiaries may sell, convey, or otherwise transfer to one or more Sprint Subsidiaries in a true sale and (b) such Sprint Subsidiary(ies) may grant a security interest in or sell, any accounts receivable, installment sales contracts or similar financial assets, and any assets or rights incidental or related thereto of Sprint Corporation or any of its Subsidiaries, which transaction or series of transactions do not provide for material credit recourse to Sprint Corporation or any of its Subsidiaries (other than Sprint Subsidiaries), except for customary indemnification obligations similar to those provided in the Transaction Documents and customary recourse for breaches of representations, warranties, and covenants related to the nature, character, and servicing of such accounts receivables, installment sales contracts, and other assets and to maintaining such Sprint Subsidiary(ies) as customary bankruptcy-remote special purpose entities.