Trademarks and Service Marks. In the event the Administrative Agent forecloses on its security interest in the License Agreements and transfers the License Agreements to a Person who does not meet the Successor Manager Requirements, then Sprint Spectrum shall have the right to terminate the License Agreements and cause the Administrative Agent to release its security interest in the License Agreements immediately prior to such transfer.
Appears in 5 contracts
Samples: Consent and Agreement (Iwo Holdings Inc), Consent and Agreement (Horizon PCS Inc), Consent and Agreement (Ipcs Equipment Inc)
Trademarks and Service Marks. In the event the Administrative Agent forecloses on its security interest in the License Agreements and transfers the License Agreements to a Person who does not meet the Successor Manager Requirements, then Sprint Spectrum shall have the right to terminate the License Agreements and cause the Administrative Agent to release its security interest in the License Agreements immediately prior to such transfer.
Appears in 2 contracts
Samples: Consent and Agreement (Shenandoah Telecommunications Co/Va/), Consent and Agreement (Shenandoah Telecommunications Co/Va/)
Trademarks and Service Marks. In the event the Administrative Agent forecloses on its security interest in the License Agreements and transfers the License Agreements to a Person who does not meet the Successor Manager Requirements, then Sprint Spectrum shall have the right to terminate the License Agreements and cause the Administrative Agent to release its security interest in the License Agreements immediately prior to such transfer.
Appears in 1 contract
