Approved Devices. (a) Lessor and Lessees acknowledge and agree that a full list of Approved Devices as at the date hereof is set out on Schedule 3 (Schedule of Approved Devices) to this Agreement (“Schedule of Approved Devices”). (b) Lessor and Lessees acknowledge and agree that on each launch date of a Next Generation Device, the Schedule of Approved Devices shall be deemed automatically amended to add such Next Generation Device. Lessor and Lessees may make such other amendments to the Schedule of Approved Devices as agreed by Lessor, Lessees and Collateral Agent, in each case, acting reasonably. (c) Following any amendment (or deemed amendment) of the Schedule of Approved Devices in accordance with Section 2.6(b) (Approved Devices), at the request of any Lessee, Lessor shall provide Lessees with a new Schedule of Approved Devices (in the form set out in Schedule 3 (Schedule of Approved Devices)). The Approved Devices following such amendment (or deemed amendment) shall be the Devices listed on such new Schedule of Approved Devices and such new Schedule of Approved Devices shall replace all previous schedules, provided, however, any amendment of the Schedule of Approved Devices shall not adversely affect any Device Leases which are in place prior to such amendment of the Schedule of Approved Devices.
Appears in 3 contracts
Samples: Master Lease Agreement, Master Lease Agreement (SPRINT Corp), Master Lease Agreement (SPRINT Corp)
Approved Devices. (a) Lessor and Lessees acknowledge and agree that a full list of Approved Devices as at the date hereof is set out on Schedule 3 (Schedule of Approved Devices) to this Agreement (“Schedule of Approved Devices”).
(b) Lessor and Lessees acknowledge and agree that on each launch date of a Next Generation Device, shall be entitled at any time to amend or replace the Schedule of Approved Devices shall be deemed automatically amended without Lessee’s consent in order to add additional Devices of a new Type to such Next Generation Device. Lessor and Lessees may make such other amendments to Approved Schedule and/or remove Devices from the Schedule of Approved Devices as agreed by Lessor, Lessees and Collateral Agent, in each case, acting reasonablyDevices.
(c) Following Upon any amendment (or deemed amendment) replacement of the Schedule of Approved Devices in accordance with Section 2.6(b) (Approved Devices), at the request of any Lessee, Lessor shall provide Lessees with a new Schedule of Approved Devices (in the form set out in Schedule 3 (Schedule of Approved Devices)). The Approved Devices for the purposes of any Device Lease entered into pursuant to Section 2.1(Agreement to Lease) following such amendment (or deemed amendment) replacement shall be the Devices listed on such new Schedule of Approved Devices and such new Schedule of Approved Devices shall replace all previous schedules, provided, however.
(d) For the avoidance of doubt, any amendment or replacement of the Schedule of Approved Devices shall not adversely not, however, affect any Device Leases which are in place prior to such amendment of Lessor providing the new Schedule of Approved DevicesDevices to Lessees.
Appears in 1 contract
Samples: Master Lease Agreement (SPRINT Corp)
Approved Devices. (a) Lessor and Lessees acknowledge and agree that a full list of Approved Devices as at the date hereof is set out on Schedule 3 (Schedule of Approved Devices) to this Agreement (“Schedule of Approved Devices”).
(b) Lessor and Lessees acknowledge and agree that on each launch date of a Next Generation Deviceshall be entitled at any time to amend or replace, the Schedule of Approved Devices shall be deemed automatically amended without Lessee’s consent in order to add additional Devices of a new Type to such Next Generation Device. Lessor and Lessees may make such other amendments to Approved Schedule and/or remove Devices from the Schedule of Approved Devices as agreed by Lessor, Lessees and Collateral Agent, in each case, acting reasonablyDevices.
(c) Following Upon any amendment (or deemed amendment) replacement of the Schedule of Approved Devices in accordance with Section 2.6(b) (Approved Devices), at the request of any Lessee, Lessor Devices)Lessor shall provide Lessees with a new Schedule of Approved Devices (in the form set out in Schedule 3 (Schedule of Approved Devices)). The Approved Devices for the purposes of any Device Lease entered into pursuant to Section 2.1 (Agreement to Lease) following such amendment (or deemed amendment) replacement shall be the Devices listed on such new Schedule of Approved Devices and such new Schedule of Approved Devices shall replace all previous schedules, provided, however.
(d) For the avoidance of doubt, any amendment or replacement of the Schedule of Approved Devices shall not adversely not, however, affect any Device Leases which are in place prior to such amendment of Lessor providing the new Schedule of Approved DevicesDevices to Lessees.
Appears in 1 contract
Samples: Master Lease Agreement (SPRINT Corp)