Sprint Subsidiaries definition
Examples of Sprint Subsidiaries in a sentence
Operator desires to use (a) certain transmission capacity of the spectrum licensed to certain Sprint Subsidiaries pursuant to the terms hereof and (b) certain transmission capacity of the channels leased to Sprint by third party licensees, pursuant to the terms hereof and the terms and conditions set forth in the underlying channel leases.
Each Sprint Subsidiary which is a party to a Proposed Primary Lease will grant to Operator, for the duration of the Term, a license to use, subject to the terms of this Agreement, all of the currently and potentially available capacity on the Leased Spectrum which the respective Sprint Subsidiaries are entitled to use pursuant to the Primary Leases.
Pursuant to each of the authorizations identified in Schedule R-3 attached hereto, certain Sprint Subsidiaries are authorized by the FCC to construct and operate facilities utilizing the frequencies assigned to certain FCC authorizations within the geographic areas designated therein and, in the case of the Basic Trading Area authorizations, hold the right to utilize additional frequencies in additional areas under certain conditions.
Certain Sprint Subsidiaries are parties to the channel lease agreements identified in Schedule R-2 attached hereto, pursuant to which the respective subsidiaries lease certain Multichannel Multipoint Distribution Service, Multipoint Distribution Service or Instructional Television Fixed Service spectrum rights from the respective licensees which are parties to such channel leases.
Since January 1, 2003, neither Sprint nor any of the Sprint Subsidiaries has experienced any labor strike, work slowdown or stoppage or other material labor dispute and there is no such strike, slowdown, stoppage or dispute actually pending or, to the knowledge of Sprint, threatened against or affecting Sprint or any of the Sprint Subsidiaries.
Neither Sprint nor any of the Sprint Subsidiaries is subject to any agreement, order, judgment, decree, directive or Lien by or with any Governmental Entity or third party with respect to any environmental liability or obligation that would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect on Sprint.
The Joint Proxy Statement (except for such portions thereof that relate only to Sprint or any of the Sprint Subsidiaries) will comply in all material respects with the provisions of the Exchange Act and the rules and regulations thereunder.
Sprint and the Sprint Subsidiaries have designed and maintain a system of internal controls over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) sufficient to provide reasonable assurances regarding the reliability of financial reporting.
As of the date hereof, there are no transactions, contracts, arrangements, commitments or understandings between Sprint or any of the Sprint Subsidiaries, on the one hand, and any of Sprint's affiliates (other than wholly owned Sprint Subsidiaries), on the other hand, that would be required to be disclosed by Sprint under Item 404 of Regulation S-K under the Securities Act (the "Sprint S-K 404 Arrangements").
As of the date hereof, there are no transactions, contracts, arrangements, commitments or understandings between Sprint or any of the Sprint Subsidiaries, on the one hand, and any of Sprint’s affiliates (other than wholly owned Sprint Subsidiaries), on the other hand, that would be required to be disclosed by Sprint under Item 404 of Regulation S-K under the Securities Act (the “Sprint S-K 404 Arrangements”).