Common use of Base Indenture Clause in Contracts

Base Indenture. The Base Indenture has been duly authorized, executed and delivered by the Company and Telcel and, assuming due authorization, execution and delivery by the Trustee, constitutes a valid and legally binding agreement of each of the Company and Telcel, enforceable against each of the Company and Telcel in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, concurso mercantil, or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability (collectively, the “Enforceability Exceptions”); and the Base Indenture has been duly qualified under the Trust Indenture Act.