Common use of Transfer of Sprint PCS Network Clause in Contracts

Transfer of Sprint PCS Network. Sprint PCS agrees to not transfer to unrelated third parties the Licenses in one or a series of sand alone transactions during the Term of the Management Agreement. This does not preclude Sprint PCS from transferring Licenses as part of a larger transaction as permitted in Section 17.15.5 (i.e., national or regional license transfer transactions); provided, however, that Sprint PCS will not transfer any of the Licenses as part of a national or regional license transfer unless the transferee complies with the requirements of Section 17.15.5.

Appears in 3 contracts

Sources: Management Agreement (Horizon Personal Communications Inc), Management Agreement (Horizon PCS Inc), Management Agreement (Horizon PCS Inc)