Sprint - Nextel 2015 Annual Report Download - page 227

(e) Liens on insurance policies and proceeds thereof securing the financing of the premiums with respect thereto;
(f) Liens on equipment arising from precautionary UCC financing statements regarding operating leases of
equipment;
(g) (i) Liens that are contractual or common law rights of set-off relating to (A) the establishment of depository
relations in the ordinary course of business with banks not given in connection with the issuance of Debt or (B) pooled
deposit or sweep accounts of the Buyer to permit satisfaction of overdraft or similar obligations incurred in the ordinary
course of business of the Buyer and (ii) other Liens securing cash management obligations (that do not constitute Debt) in the
ordinary course of business;
(h) Liens of a collecting bank arising under Section 4-208 or Section 4-210 of the UCC on items in the course of
collection; or
(i) nonrecourse Liens on and purchase money security interests in immaterial assets of Mobile Leasing Solutions
arising in the ordinary course of business.
“ Cash Purchase Price ” shall have the meaning provided in Section 2.3(i) of this Agreement.
“ Collections ” shall have the meaning provided in the Servicing Agreement.
“ Contingent Device Purchase Price ” means an amount (which may be less than zero) equal to:
(a) the sum of:
(i) the aggregate Device Net Sale Proceeds in respect of all Device disposals on or prior to the Final Settlement
Date; plus
(ii) the sum of all Device Dilution Payments on or prior to the Final Settlement Date; plus
(iii) the sum of all Customer Purchase Price Amounts on or prior to the Final Settlement Date; plus
(iv) the aggregate Sprint Net Sale Proceeds in respect of all Device disposals on or prior to the Final Settlement
Date; plus
(v) the sum of all Forward Purchase Price Amounts in respect of all Device disposals on or prior to the Final
Settlement Date; minus
(b) the sum of:
(i) the aggregate Device Residual Values for each of the Devices referred to in clause (a)(i), (ii), (iii), (iv) and
(v) as of the applicable Expected Sales Date of such
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