Examples of Spectrum Sale in a sentence
For the year ended December 31, 2017, the Debtors’ audited consolidated financial statements reflected total revenues of approximately $127.8 million and a net profit of approximately $78.0 million, including a one-time $92.3 million net gain on the Spectrum Sale (as defined herein).
Preliminary Draft - Confidential Potential $2.5bn Spectrum Sale - Net Proceeds and Uses ($ in millions) Potential Spectrum Sale $/MHz-POP $0.216 Total MHZ-POPs 11,367 Total Gross Spectrum Value $2,460 Total Gross Spectrum Value $2,460 Less: NPV of Leases (177) Less: Est.
Report to Congressional Committees, Defense Communications: Federal Frequency Spectrum Sale Could Impair Military Operations, General Accounting Office, GAO/NSIAD-97-131 (June 1997).
Straight Path Spectrum Sale: FCC Penalty ScenariosFast sale Slow saleGross spectrum value $ 260 $ 26020% duress discount (52) -Net spectrum value $ 208 $ 260 Upfront penalty (15) (15) Additional penalty - (85)FCC share of proceeds (32) (42)Net company value $ 161 $ 118Per share $ 12.94 $ 9.45Downside (68)% (77)% Source: Kerrisdale analysis II.
Spectrum Sale: mandatory prepayment of 100% of any Net Cash Proceeds from any sale of title (legal or equitable) to any of the Company’s spectrum rights (a “Spectrum Sale”).
Thereafter, this Warrant may be exercised as to the number of Warrant Shares that the Holder was entitled to purchase at the time of the consummation of the Spectrum Sale.
Except for the Spectrum Sale, sell, assign, transfer or otherwise dispose of, or attempt to dispose of, in any way, any franchise, license, certificates, permits, authorization, approvals and the like which may be required by law or which are material to the conduct of its business, the disposition of which could reasonably be expected to have a Material Adverse Effect on Borrower or any Subsidiary, taken as a whole.
See Defense Communications, "Federal Frequency Spectrum Sale Could Impair Military Operations," United States General Accounting Office Report to Congressional Committees, June, 1997, and letters included therein.
We confirm that: [insert details of any Spectrum Cash Flow and/or Spectrum Sale proceeds].