Common use of Parties’ Agreement Clause in Contracts

Parties’ Agreement. The parties hereto agree to the following terms and conditions: (a) on the Amendment Closing Date, Xxxxx holds all of the outstanding membership interests of the Purchaser, (b) Xxxxx shall, so long as this Agreement remains in effect, remain the sole member of the Purchaser, (c) the Purchaser is a special and limited purpose limited liability company whose limited purpose reasonably relates to the telecommunications industry, and (d) the transactions contemplated hereby shall constitute arms-length sales, assignments, conveyances, transfers and other dispositions of assets or rights by Xxxxx to the Purchaser.

Appears in 4 contracts

Samples: Receivables Sale Agreement (T-Mobile US, Inc.), Receivables Sale Agreement (T-Mobile US, Inc.), Receivables Sale Agreement (T-Mobile US, Inc.)

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Parties’ Agreement. The parties hereto agree to the following terms and conditions: (a) on the Amendment Closing Date, Xxxxx holds all of the outstanding membership interests of the Purchaser, (b) Xxxxx shall, so long as this Agreement remains in effect, remain the sole member of the Purchaser, (c) the Purchaser is a special and limited purpose limited liability company whose limited purpose reasonably relates to the telecommunications industry, and (d) the transactions contemplated hereby shall constitute arms-length sales, assignments, conveyances, transfers and other dispositions of assets or rights by Xxxxx to the Purchaser.

Appears in 1 contract

Samples: Receivables Sale Agreement (T-Mobile US, Inc.)

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