Sprint - Nextel 2015 Annual Report Download - page 231

Settlement Date to repair and restore such Device that when returned was not in the 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 (v)
the Supplemental Fixed Amount in respect of such Device, provided, however, the deductions in (b)(i)-(v) shall be without
duplication of any amounts deducted from the calculation of Contingent Purchase Price and clause (b)(i) of Section 3.1.
“ Device Net Sale Proceeds ” means, with respect to a Device sold by the Buyer (or its Nominated Agent) in the secondary
market, the Device Sale Proceeds for such Device less the Device Handling Fee payable with respect to such sale.
“ Device Repayment Purchase Price ” shall have the meaning provided in the Servicing Agreement.
“ Devices ” means the Lease Closing Date Devices and each wireless mobile device received by the Buyer in connection
with a Like-Kind Exchange for any of the foregoing Devices.
“ Device Sale Proceeds ” means, with respect to a Device sold by the Buyer (or its Nominated Agent), the gross proceeds of
sale of such Device.
“ Excess Rental Payment ” means (i) with respect to a Customer Lease, all monthly Customer Receivables paid by
Customers in respect of any period after the Scheduled Customer Lease Term of such Customer Lease and (ii) without duplication of
any amounts in clause (i), all monthly Customer Receivables and Rent Dilutions and payments under the Sprint Guarantee
transferred by Servicer or Guarantor to the MLS Collection Account (Tranche 1) in respect of a Device Lease Payment Date in
excess of the Rental Payment due on such Device Lease Payment Date.
“ Facilities ” means the Senior Loans and the Senior Subordinated Loans.
“ Financing Documents ” means each of the documents evidencing the Facilities.
“ Forward Purchase Agreement ” shall have the meaning provided in the Servicing Agreement.
“ Forward Purchase Price Amount ” means, with respect to a Device sold by the Buyer (or its Nominated Agent) to Forward
Purchaser under the Forward Purchase Agreement, the Fixed Price (as defined in the Forward Purchase Agreement) for such Device
as of the Sale Date (as defined in the Forward Purchase Agreement) of such Device less the Originator Charge.
“ Forward Purchaser ” means Hon Hai Precision Ind. Co., Ltd.
“ Income Tax ” means any tax imposed on the net income or profits of any Person and any similar Taxes, including any
minimum Tax, net worth Tax, capital stock Tax or similar Tax.
“ Incremental Device ” shall have the meaning provided in the Support Services Agreement.
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