Sprint - Nextel 2015 Annual Report Download - page 228

Device; provided, however, the Device Residual Value for a Device shall only be counted once in determining the amount of
this clause (b)(i); plus
(ii) the sum of all Supplemental Fixed Amounts;
provided, the deductions in clause (b) shall be without duplication of any amounts deducted from the calculation of Deferred
Purchase Price Amount.
“ Contingent Rent Purchase Price ” means an amount (which may be less than zero) equal to
(a) the sum of:
(i) all Excess Rental Payments on or prior to the Final Settlement Date; plus
(ii) all Other Payments on or prior to the Final Settlement Date; plus
(iii) the MLS Collection Account Interest; minus
(b) the sum of:
(i) the sum of all Rental Payments and other amounts due and owing to the Buyer by any Lessee, Servicer or
Guarantor as of the Final Settlement Date; plus
(ii) the aggregate additional interest expense incurred by the Buyer in respect of the Facilities as a result of the
Buyer not receiving Device Net Sale Proceeds (or Device Dilution Payments, Customer Purchase Price Amounts, Sprint Net
Sale Proceeds or Forward Purchase Price Amounts in lieu thereof) for a Device on or prior to the applicable Expected Sales
Date of such Device; provided such interest expense with respect to each applicable Device shall be calculated for the period
between the Expected Sales Date of such Device and the earlier of the (x) Final Settlement Date and (y) the date on which
the Device Net Sale Proceeds (or Device Dilution Payments, Customer Purchase Price Amounts, Sprint Net Sale Proceeds or
Forward Purchase Price Amounts in lieu thereof) for such Device are actually received by the Buyer at the rate set forth in
the applicable Financing Document on an amount equal to the Device Residual Value of such Device as of the Expected
Sales Date; provided, further, this clause (ii) shall exclude additional interest expense with respect to any Device returned to
the Buyer (or its Nominated Agent) that satisfies the Device Return Condition for any period after the Device Disposal
Period for such Device;
(iii) all unreimbursed costs and fees of the Buyer (or its Nominated Agent) as of the Final Settlement Date to repair
and restore Devices that when returned were not in Device Return Condition; provided any such repair cost or expense was
incurred by the Buyer (or its Nominated Agent) in accordance with the Transaction Documents; plus
(iv) the sum of the aggregate Device Residual Values for each Non-Returned Device (other than Non-Returned
Devices in respect of which a Device Dilution Payment was made) as of the applicable Expected Sales Date of such Device
without duplication
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