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 terminated, then Manager may, subject to receipt of FCC approval of the necessary disaggregation and partition, 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 2 contracts

Samples: Sprint PCS Management Agreement (Agw Leasing Co Inc), Sprint PCS Management Agreement (Airgate Wireless Inc)

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Manager's Purchase Right. (a) If Sprint PCS owns 20 MHz MHZ or more of PCS spectrum in the Service Area under the License on the date this agreement is terminatedexecuted, then Manager may, subject to receipt of FCC approval of the necessary disaggregation and partition, 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 1 contract

Samples: Sprint PCS Management Agreement (Alamosa PCS Holdings Inc)

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Manager's Purchase Right. (a) If Sprint PCS owns 20 MHz or of more of PCS spectrum in the Service Area under the License on the date this agreement is terminatedexecuted, then Manager may, subject to receipt of FCC approval of the necessary disaggregation and partitionapproval, 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) 9% (10% minus a 10% penalty) of the Entire Business Value.

Appears in 1 contract

Samples: License Agreement (Unwired Telecom Corp)

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