Sprint - Nextel 2015 Annual Report Download - page 230

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“ Deferred Purchase Price Amount ” shall have the meaning provided in Section 3.1 of this Agreement.
“ Deferred Purchase Price Interest ” shall have the meaning provided in Schedule VI of this Agreement.
“ Delivery Costs ” shall have the meaning provided in the Device Repurchase Agreement.
“ Device Dilution Payment ” means with respect to any Device, any payment to the Buyer on account of Dilutions in respect
of the Device Residual Value for such Device pursuant to Sections 2.7(b), 2.7(d), or 2.14(b)(ii) of the Servicing Agreement, Sections
2.9(a)(ii)(3) or 2.9(a)(iii)(3) of the Master Lease Agreement.
Device Disposal Period means, with respect to a Device, the period from the return of the Device to the Buyer (or its
Nominated Agent) to the earlier of (a) in the case of a Device (other than a Reparable Device or Incremental Device), 30 days
thereafter, in the case of a Reparable Device, 45 days thereafter and in the case of an Incremental Device, 60 days thereafter and (b)
the date such Device is disposed of.
“ Device Handling Fee ” shall have the meaning provided in the Support Services Agreement.
Device Losses means with respect to a Device, an amount (which may be less than zero) equal to (a) the sum of (i) the
Device Net Sale Proceeds in respect of the disposal of such Device on or prior to the Final Settlement Date, (ii) any Device Dilution
Payment in respect of such Device on or prior to the Final Settlement Date, (iii) any Customer Purchase Price Amount in respect of
such Device on or prior to the Final Settlement Date, (iv) the Sprint Net Sale Proceeds in respect of the disposal of such Device on or
prior to the Final Settlement Date and (v) the Forward Purchase Price Amount in respect of the disposal of such Device on or prior to
the Final Settlement Date; minus (b) the sum of (i) the Device Residual Value for such Device as of the applicable Expected Sales
Date of such Device plus (ii) 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 in respect of such Device; plus (iii) 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) in
respect of such Device on or prior to the applicable Expected Sales Date of such Device, provided such interest expense with respect
to such 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 (b)(iii) shall exclude additional interest expense with respect to a Device
that is returned to the Buyer (or its Nominated Agent) and satisfies the Device Return Condition for any period after the Device
Disposal Period for such Device; plus (iv) all unreimbursed costs and fees of the Buyer (or its Nominated Agent) as of the Final
6