GUARANTEE
Exhibit
4.3.4
8 1/2% NOTES
This GUARANTEE (this “Guarantee”), dated as of ___, 2006, is entered into
by Sprint Nextel Corporation, a Kansas corporation (“Sprint Nextel”), in favor of each
holder (“Holder”) of the 8 1/2% Senior Notes due 2012 (the “Securities”), and Xxxxx
Fargo Bank, N.A. (as successor by consolidation with Xxxxx Fargo Bank Minnesota, N.A.), a national
banking association, as Trustee under the Indenture referred to below (the “Trustee”).
WHEREAS, Alamosa (Delaware), Inc., a Delaware corporation (“Alamosa”), issued the
Securities pursuant to that certain Indenture, dated as of January 20, 2004, among Alamosa, the
subsidiary guarantors named therein and the Trustee (the “Indenture”);
WHEREAS, Alamosa is a wholly-owned subsidiary of Sprint Nextel;
WHEREAS, the Board of Directors of Sprint Nextel has determined it to be in the best interest
of Sprint Nextel to guarantee all of Alamosa’s payment obligations under the Securities and all
other monetary obligations of Alamosa under the Indenture and the Securities;
WHEREAS, Sprint Nextel desires to enter into this Guarantee on the terms and conditions set
forth herein; and
WHEREAS, all capitalized terms used but not defined herein shall have the meanings given to
such terms in the Indenture.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, Sprint Nextel hereby agrees as follows:
1. Sprint Nextel hereby jointly and severally, with any other Person who may also guarantee the
Guaranteed Obligations (defined below), unconditionally and irrevocably guarantees, on a senior
unsecured basis, as a primary obligor and not as a surety, to each Holder of Securities and to the
Trustee and its successors and assigns, the full and punctual payment when due, whether at
maturity, by acceleration, redemption or otherwise, of the principal of and interest on, if any,
the Securities, only if lawful, and all other monetary obligations of Alamosa under the Indenture,
in so far as such monetary obligations relate to the Securities (collectively, the “Guaranteed
Obligations”). Sprint Nextel further agrees that the Guaranteed Obligations may be extended or
renewed, in whole or in part, without notice or further assent from Sprint Nextel, and Sprint
Nextel shall remain bound under this Guarantee, notwithstanding any such extension or renewal.
Failing payment when due of any amount so guaranteed for whatever reason, Sprint Nextel will be
obligated to pay the same in full, or cause to be duly and punctually paid in full, without any
demand or notice whatsoever.
2. Sprint Nextel hereby waives presentation to, demand of payment from and protest to, Alamosa of any
of the Guaranteed Obligations, and also waives notice of protest for nonpayment. Sprint Nextel
also hereby waives notice of any default by Alamosa under the Securities or the Indenture. Sprint
Nextel agrees that its obligations under this Guarantee shall be continuing, absolute, full and
unconditional under any and all circumstances, to the fullest
extent permitted by applicable law,
and shall not be discharged except by payment in full of the Securities, irrespective of:
(a) the value, genuineness, regularity, validity, enforceability, avoidance, subordination, discharge
or disaffirmance of any of the Guaranteed Obligations, the Securities or the Indenture, or the
absence of any action to enforce the same;
(b) any extension or waiver, at any time or from time to time, without notice to Sprint Nextel, of the
time for compliance by Alamosa with any of its obligations under the Securities or the Indenture;
(c) any substitution, release or exchange of any other guarantee of or security for any obligations of
Alamosa under the Securities or the Indenture;
(d) any recission, amendment or modification to any of the terms or provisions of the Securities or the
Indenture;
(e) any law, regulation or order of any jurisdiction affecting any term of any of the Securities or the
Indenture or the rights of any Holder of Securities or the Trustee with respect thereto;
(f) any failure to obtain any authorization or approval from, or other action by, to notify, or to file
anything with, any governmental authority or regulatory body required in connection with the
performance of this Guarantee by Sprint Nextel;
(g) the failure by any Holder of Securities or the Trustee to assert any claim or demand or to exercise
any right or remedy against Alamosa or any other guarantor of the Guaranteed Obligations or any
other Person;
(h) the failure by any Holder of Securities or the Trustee to exercise any right or remedy against any
collateral securing any of the Guaranteed Obligations; or
(i) any other circumstance whatsoever that might otherwise constitute a defense to or a legal or
equitable discharge of Sprint Nextel’s obligations, in its capacity as guarantor, under this
Guarantee.
3. Sprint Nextel’s obligations under this Guarantee shall not be limited by any valuation, estimation
or disallowance made in connection with any proceedings filed by or against Sprint Nextel under the
United States Bankruptcy Code of 1978, as amended (the “Bankruptcy Code”), whether pursuant
to Section 502 of the Bankruptcy Code or any other section thereof. Sprint Nextel further agrees
that, in its capacity as guarantor, none of the Holders of Securities shall be under
any obligation to xxxxxxxx any assets in favor of or against or in payment of any or all of the
Guaranteed Obligations or the Securities. To the extent that Sprint Nextel makes a payment or
payments on any or all of the Guaranteed Obligations and such payment or payments (or any part
thereof) is or are subsequently invalidated, declared to be fraudulent or preferential, set aside
or required to be repaid to Sprint Nextel, its estate, trustee or receiver or any other party,
including, without limitation, Sprint Nextel, under any bankruptcy law, state or federal law,
common law or equitable cause, then to the extent of such payment or
- 2 -
repayment, the Guaranteed
Obligations (or, if applicable, such part thereof as had been paid, reduced or satisfied by such
amount), shall be reinstated and revived and continued in full force and effect as of the date such
initial payment, reduction or satisfaction occurred. Sprint Nextel waives all set-offs,
counterclaims, reductions and diminutions of any obligation, and any defense of any kind or nature
(other than payment of the Guaranteed Obligations), that Sprint Nextel may have or assert against
Alamosa or any other Person, and all presentments, demands for performance, notices of
nonperformance, protests, notices of protest, notices of dishonor and notices of acceptance of this
Guarantee.
4. Sprint Nextel hereby unconditionally and irrevocably waives (a) any defense arising by reason of
any claim or defense based upon an election of remedies by any Holder of Securities that in any
manner impairs, reduces, releases or otherwise adversely affects the subrogation, reimbursement,
exoneration, contribution or indemnification rights of Sprint Nextel or other rights of Sprint
Nextel to proceed against Alamosa or any other guarantor or any other Person or collateral, if any,
and (b) any defense based on any right of set-off or counterclaim against or in respect of the
Guaranteed Obligations, the Securities or the Indenture.
5. Sprint Nextel hereby waives any right to which it may be entitled to have its obligations under
this Guarantee divided among it and other guarantors of the Guaranteed Obligations, if any, such
that Sprint Nextel’s obligations would be less than the full amount claimed. Sprint Nextel hereby
waives any right to which it may be entitled to have the assets of Alamosa or any other Person who
became an “obligor” under the Securities or the Indenture first be used and depleted as payment of
the obligations of Alamosa or such other Person, respectively, under the Securities and the
Indenture prior to any amounts being claimed from or paid by Sprint Nextel under this Guarantee.
Sprint Nextel hereby waives any right to which it may be entitled to require that suit be
instituted against Alamosa or any other guarantor of the Guaranteed Obligations or “obligor” under
the Securities or the Indenture prior to an action being initiated against Sprint Nextel. Sprint
Nextel further agrees that this Guarantee constitutes a guarantee of payment when due (and not a
guarantee of collection) and waives any right, in its capacity as guarantor, to require that any
resort be had by any Holder of Securities or the Trustee to any security held for payment of the
Guaranteed Obligations.
6. The failure to endorse a notation of this Guarantee on any Security shall not affect or impair the
validity thereof.
7. Sprint Nextel’s obligations under this Guarantee shall not be affected if any Holder of Securities
is precluded for any reason (including, without limitation, the application of the automatic stay
under Section 362 of the Bankruptcy Code) from enforcing or exercising any right or remedy with
respect to the Securities, and Sprint Nextel shall pay to each affected Holder of Securities, upon
demand, the amount that would otherwise have been due and payable had the exercise of such rights
and remedies been permitted. In the event of any such application of the automatic
stay under Section 362 of the Bankruptcy Code, the Securities shall forthwith become due and
payable by Sprint Nextel for purposes of this Guarantee.
8. Sprint Nextel hereby agrees that, unless and until all obligations with respect to the Securities
and the Indenture have been paid in full, in its capacity as guarantor, it shall have no right
(whether direct or indirect) of subrogation (whether contractual, under Section 509 of
- 3 -
the
Bankruptcy Code or otherwise) to the claims of any Holder of Securities or the Trustee against
Alamosa or any other Person who became an “obligor” under the Securities or the Indenture in
respect of any obligation with respect to the Securities or the Indenture, notwithstanding any
payment or payments made by Sprint Nextel hereunder or any set-off or application of funds of
Sprint Nextel or by the Holder of Securities; and Sprint Nextel hereby waives all contractual,
statutory and common law rights of reimbursement, contribution or indemnity it may have against
Alamosa or any other such Person, as the case may be, and any and all other rights of payment or
recovery from Alamosa or any other such Person, as the case may be, that it may now have or
hereafter acquire until all Securities and all obligations under the Indenture in respect of the
Securities have been paid in full (in which event such rights of payment or recovery shall be
deemed to be in the form of a loan or loans made from Sprint Nextel to Alamosa or any other such
Person, as the case may be). Sprint Nextel further agrees that as between Sprint Nextel, on the
one hand, and the Holders of Securities and the Trustee, on the other hand, (a) the maturity of the
Securities guaranteed hereby may be accelerated as provided in Article VI of the Indenture for the
purpose of this Guarantee, notwithstanding any stay, injunction or other prohibition preventing
such acceleration in respect of the Securities guaranteed pursuant to this Guarantee, and (b) in
the event of any declaration of acceleration of such Securities as provided in Article VI of the
Indenture, such Securities (whether or not due and payable) will forthwith become due and payable
by Sprint Nextel for the purpose of this Guarantee.
9. Except as otherwise specifically provided in Section 12 hereof with respect to the release of
Sprint Nextel from this Guarantee, this Guarantee shall remain in full force and effect and be
binding in accordance with and to the extent of its terms upon Sprint Nextel and the successors
thereof, and shall inure to the benefit of (and be enforceable by) the Trustee and the Holders of
Securities from time to time, or their respective successors or assignees, until the Indenture
shall have been satisfied and discharged in accordance with the terms thereof, and the principal of
and interest, if any, on the Securities, and the obligations of Sprint Nextel in respect of the
Guaranteed Obligations, have been satisfied by payment in full.
10. Payments made by Sprint Nextel pursuant to this Guarantee will be made to each Holder of Securities
in the same manner, and to the same location, as payments to such Holder of Securities are required
to be made pursuant to the provisions of the Indenture.
11. Sprint Nextel shall pay all reasonable costs and expenses (including reasonable attorneys’ fees and
expenses) paid or incurred by the Trustee or any Holder of Securities in connection with the
enforcement of this Guarantee or any other rights of the Trustee or such Holder of Securities under
the Securities or the Indenture with respect to this Guarantee and the prosecution or defense of
any action by or against any of the Holder of Securities in connection with this Guarantee or the
Indenture with respect to this Guarantee, whether involving Sprint Nextel or any other Person,
including a trustee in bankruptcy; provided, however, that Sprint Nextel shall
have no such obligation in connection with any action brought by any Holder of Securities against
Sprint Nextel or Alamosa to the extent that Sprint Nextel or Alamosa is the prevailing party in the
judgment rendered in any such action; and provided, further, that Sprint Nextel
shall not be responsible for the fees and expenses of more than one firm of attorneys (in addition
to any required local counsel).
- 4 -
12. Sprint Nextel may be released from this Guarantee upon the sale or other transfer of the capital
stock of Alamosa or of all or substantially all of the assets of Alamosa to an entity that is not
Sprint Nextel or a Subsidiary of Sprint Nextel, which release shall be effective (a) only upon (1)
the execution and delivery by such transferee of a guarantee of the Guaranteed Obligations, in form
and substance substantially similar to this Guarantee, in favor of each Holder of Securities and
the Trustee, and (2) written notice by Sprint Nextel to the Trustee accompanied by an Officer’s
Certificate certifying as to compliance with this Section 12, and (b) without any further action on
the part of the Trustee or any Holder of Securities. Upon any such release in compliance with the
above requirements, the Trustee shall deliver an appropriate instrument evidencing such release.
Any actions taken pursuant to this Section 12 shall not release Alamosa as a primary obligor under
the Indenture or the Securities.
13. Any invalidity or unenforceability of any provision or application of this Guarantee shall not
affect other lawful provisions and applications hereof, and to this end the provisions of this
Guarantee are declared to be severable. Except as otherwise provided herein, this Guarantee may
not be waived, amended, released or otherwise changed except with the consent of Sprint Nextel and
not less than a majority in aggregate principal amount of the then outstanding Securities.
14. This Guarantee shall be construed according to the laws of the State of New York without regard to
conflicts of laws principles.
[Remainder
of Page Blank — Signature Page Follows]
- 5 -
8 1/2% NOTES
IN WITNESS WHEREOF, the undersigned has duly executed this Guarantee as of the date
first written above.
| SPRINT NEXTEL CORPORATION | ||||||
| By: | ||||||
| Name: | Xxxx X. Xxxxxxx | |||||
| Title: | Vice President | |||||
