Common use of Change of Control of the Owner Clause in Contracts

Change of Control of the Owner. Except as otherwise (i) provided below, (ii) permitted under the documents relating to the financing of the Nationwide Network or (iii) pursuant to internal reorganizations of the Owner, the Owner will not consolidate with or merge into any other business entity or convey, transfer or lease all or substantially all of its assets to any Person, nor will any Person or group (as such term is defined in the Exchange Act) own or acquire fifty percent (50%) of the value of the Owner's limited partnership interests or general partnership interests where such Person or group did not own as of the Effective Date in excess of ten percent (10%) of either of such partnership interests (any such Person or group will be referred to as the "Owner's Succeeding Entity"), unless:

Appears in 5 contracts

Samples: Procurement and Services Contract (Sprint Spectrum L P), Procurement and Services Contract (Sprint Spectrum L P), Procurement and Services Contract (Sprint Spectrum Finance Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!