Examples of Closed Market in a sentence
JPMorgan Chase Bank, N.A. Australian Foundation Investment Company LimitedBy: Name: Title: Date:By:Name:Title:Date: Djerriwarrh Investment LimitedBy:Name:Title:Date: Mirrabooka Investment LimitedBy:Name:Title:Date: AMCIL LimitedBy: Name: Title: Date:TRANSACTION SUPPLEMENT CMSO(Cash-settled Closed Market Share Option Transaction) CLOSED MARKET SHARE OPTION TRANSACTION SUPPLEMENT This Transaction Supplement is entered into between the Buyer and the Seller listed below on the Trade Date set forth below.
This Closed Market Share Option Transaction is a Covered Transaction for the purposes of the Confirmation.
The purpose of this communication is to confirm the terms and conditions of the Closed Market Share Option Transaction entered into between JPMorgan Chase Bank, N.A. (“Party A”) and [Insert full legal name of Party B] (“Party B”) on the Trade Date specified below (the “Transaction”).
Sprint will maintain all Sprint Equipment and other equipment used in connection with the operation of the Spectrum in a given Closed Market as of the applicable Initial Closing Date or Market Closing Date to the extent necessary to operate the Spectrum in the subject Closed Market.
Commencing with the Initial Closing Date and each applicable Market Closing Date, Operator will be responsible for the payment of all reimbursements and other amounts owed to the Third Party Licensees under the Primary Leases attributable to each Closed Market, including any reimbursable regulatory fees incurred by a Third Party Licensee (the "Primary Lease Reimbursements").
During the applicable Market Term with respect to any given Closed Market, Sprint will pay on behalf of Operator (subject to reimbursement) monthly tower rent, utility fees and charges, taxes and licensing fees, and such other payment obligations to third parties assumed by Operator pursuant to the terms of the Market Operation Agreement.
The Parties acknowledge the difficulty in dividing the Spectrum in any given Closed Market in a manner that creates equal Spectrum Groupings and recognize that it is likely Spectrum Groupings will not be exactly equal in terms of MHz Households.
On the Initial Closing Date and each subsequent Market Closing Date, Operator will pay Sprint an amount equal to the sum of all Market Closing Payments identified in Schedule 6.3 for each Market which becomes a Closed Market on the Initial Closing Date, or such Market Closing Date, as applicable.
The Parties acknowledge the difficulty in dividing the Spectrum in any given Closed Market in a manner that creates equal Spectrum Groupings for such Closed Market and recognize that it is likely Spectrum Groupings will not be exactly equal in terms MHz Households.
Furthermore, Sprint will repair or replace any non-operational Sprint Equipment to the extent necessary to operate the Spectrum in the subject Closed Market.