Common use of Manager's Purchase Right Clause in Contracts

Manager's Purchase Right. (a) If Sprint PCS owns 20 MHz or more of PCS spectrum in the Service Area under the License on the date this agreement is executed, then Manager may within 30 days after the date Sprint PCS gives notice of non-renewal declare its intent to purchase the Disaggregated License. Subject to receipt of FCC approval of the necessary disaggregation and partition, Manager may purchase from Sprint PCS the Disaggregated License for an amount equal to the greater of (1) the original cost of the License to Sprint PCS (pro rated on a pops and spectrum basis) plus the microwave relocation costs paid by Sprint PCS or (2) 10% of the Entire Business Value.

Appears in 10 contracts

Samples: Sprint PCS Management Agreement (Shenandoah Telecommunications Co/Va/), Asset Purchase Agreement (Ipcs Equipment Inc), Sprint PCS Management Agreement (Us Unwired Inc)

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Manager's Purchase Right. (a) If Sprint PCS owns 20 MHz or more of PCS spectrum in the Service Area under the License on the date this agreement is executed, then Manager may within 30 days after the date Sprint PCS gives notice of non-renewal nonrenewal declare its intent to purchase the Disaggregated License. Subject to receipt of FCC approval of the necessary disaggregation and partition, Manager may purchase from Sprint PCS the Disaggregated License for an amount equal to the greater of (1) the original cost of the License to Sprint PCS (pro rated on a pops and spectrum basis) plus the microwave relocation costs paid by Sprint PCS or (2) 10% of the Entire Business Value.

Appears in 5 contracts

Samples: Management Agreement (Alamosa PCS Holdings Inc), Management Agreement (Alamosa PCS Holdings Inc), Confidential Treatment Requested (Horizon Personal Communications Inc)

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