Common use of Reversion Clause in Contracts

Reversion. If the Settlement Date has not occurred within five Business Days following the M&A Closing Event (the “Settlement Deadline”), the amendments effected by Section 2.1 to Section 2.15 shall be deemed null and void as if they had not occurred and, accordingly, any non-compliance that may have occurred on or after the date of this Fourteenth Supplemental Indenture and prior to the Settlement Deadline may be the basis for declaring an Event of Default with respect to the March 2070 Notes as if this Fourteenth Supplemental Indenture had not been executed.

Appears in 2 contracts

Sources: Supplemental Indenture (United States Cellular Corp), Supplemental Indenture (Sprint Capital Corp)

Reversion. If the Settlement Date has not occurred within five Business Days following the M&A Closing Event (the “Settlement Deadline”), the amendments effected by Section 2.1 to Section 2.15 2.13 shall be deemed null and void as if they had not occurred and, accordingly, any non-compliance that may have occurred on or after the date of this Fourteenth Twelfth Supplemental Indenture and prior to the Settlement Deadline may be the basis for declaring an Event of Default with respect to the March 2070 2033 Notes as if this Fourteenth Twelfth Supplemental Indenture had not been executed.

Appears in 2 contracts

Sources: Supplemental Indenture (United States Cellular Corp), Twelfth Supplemental Indenture (Sprint Capital Corp)

Reversion. If the Settlement Date has not occurred within five Business Days following the M&A Closing Event (the “Settlement Deadline”), the amendments effected by Section 2.1 to Section 2.15 shall be deemed null and void as if they had not occurred and, accordingly, any non-compliance that may have occurred on or after the date of this Fourteenth Fifteenth Supplemental Indenture and prior to the Settlement Deadline may be the basis for declaring an Event of Default with respect to the March June 2070 Notes as if this Fourteenth Fifteenth Supplemental Indenture had not been executed.

Appears in 2 contracts

Sources: Fifteenth Supplemental Indenture (United States Cellular Corp), Fifteenth Supplemental Indenture (Sprint Capital Corp)

Reversion. If the Settlement Date has not occurred within five Business Days following the M&A Closing Event (the “Settlement Deadline”), the amendments effected by Section 2.1 to Section 2.15 shall be deemed null and void as if they had not occurred and, accordingly, any non-compliance that may have occurred on or after the date of this Fourteenth Thirteenth Supplemental Indenture and prior to the Settlement Deadline may be the basis for declaring an Event of Default with respect to the March 2070 2069 Notes as if this Fourteenth Thirteenth Supplemental Indenture had not been executed.

Appears in 2 contracts

Sources: Thirteenth Supplemental Indenture (United States Cellular Corp), Thirteenth Supplemental Indenture (Sprint Capital Corp)