Refunds for Participating Auction 35 Winning Bidders Sample Clauses

Refunds for Participating Auction 35 Winning Bidders. In accordance with the terms of the Agreement, a Participating Auction 35 Winning Bidder that has previously been granted Auction 35 Licenses shall be entitled to receive from the Commission, and the Commission shall pay from the budget accounts that received the payments from such bidder, a refund of amounts previously paid by such bidder for such Auction 35 Licenses as follows:
Sample 1
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Refunds for Participating Auction 35 Winning Bidders. In accordance with the terms of the Agreement, a Participating Auction 35 Winning Bidder that has previously been granted Auction 35 Licenses shall be entitled to receive from the Commission, and the Commission shall pay from the budget accounts that received the payments from such bidder, a refund of amounts previously paid by such bidder for such Auction 35 Licenses as follows: (A) any and all Amounts Due on Receipt previously paid by such Auction 35 Winning Bidder, if an order is entered by any court in a proceeding under subsection (c) that denies or has the legal effect of denying a participating Auction 35 Winning Bidder’s right to use the spectrum covered by one or more Auction 35 Licenses that were previously granted to such participating Auction 35 Winning Bidder, subject to the provisions set forth in the Agreement with respect to repayment on restoration of rights; and, if applicable, (B) any and all Amounts Due on Receipt and Auction 35 Deposits previously paid by, and not previously refunded to, such Auction 35 Winning Bidder for such licenses, under the following circumstances: (i) if an order entered by any court in a proceeding under subsection (c) is in effect on or after December 31, 2002, that denies or has the legal effect of denying a Participating Auction 35 Winning Bidder’s right to use the spectrum covered by one or more Auction 35 Licenses that were previously granted to such Participating Auction 35 Winning Bidder; (ii) if a Final court order precludes or has the legal effect of precluding the Commission from paying all or part of the amounts set forth in subsection (a); or (iii) if, on December 31, 2002, the Commission has not released an order with respect to one or more Auction 35 Licenses for which a Participating Auction 35 Winning Bidder submitted the winning bids determining either that the Commission is prepared to grant such Auction 35 License or that such Participating Auction 35 Winning Bidder is not qualified to hold such Auction 35 License. Nothing in this section shall be construed to expand or limit any right to a refund set forth in the Agreement. (c) Judicial Review. – (1)
Sample 1

Related to Refunds for Participating Auction 35 Winning Bidders

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