Sprint - Nextel 2015 Annual Report Download - page 269

(i) if the relevant Customer returns such Device satisfying the Device Return Condition prior to the last day of the
Scheduled Customer Lease Term of the related Customer Lease, (A) such Device is delivered to Lessor (or its Nominated
Agent) and (B) payment is made to Lessor of the sum of (1) all previously accrued and unpaid Rental Payments, if any, plus
(2) the Rental Payments that would have accrued during the remainder of the Scheduled Device Lease Term, if any;
(ii) if the relevant Customer returns such Device satisfying the Device Return Condition on or at any time after the
last day of the Scheduled Customer Lease Term, (A) such Device is delivered to Lessor (or its Nominated Agent) and (B)
payment is made to Lessor of all previously accrued and unpaid Rental Payments, if any;
(iii) if prior to the last day of the Scheduled Customer Lease Term the Customer has made a payment in lieu of
delivery of such Device, payment is made to Lessor of the sum of (A) all previously accrued and unpaid Rental Payments, if
any, plus (B) the Rental Payments that would have accrued during the remainder of the Scheduled Device Lease Term, if
any, plus (C) the required purchase price payment under the Customer Lease;
(iv) if on the last day of the Scheduled Customer Lease Term of the related Customer Lease the Customer exercises
a purchase option in relation to such Device under the Customer Lease, payment to Lessor of the purchase option price under
the Customer Lease plus all previously accrued and unpaid Rental Payments, if any; or
(v) if at any time after the last day of the Scheduled Customer Lease Term of the related Customer Lease the
Customer exercises a purchase option in relation to such Device under the Customer Lease, payment to Lessor of the
purchase option price as of the purchase option exercise date plus all previously accrued and unpaid Rental Payments, if any.
(c) Originator Repurchase Event . If the relevant Originator purchases a Rent Shortfall Returned Device in accordance
with the Device Repurchase Agreement.
Notwithstanding anything in this Agreement or any other Transaction Document to the contrary, no termination or deemed
termination of a Customer Lease pursuant to this Agreement or any other Transaction Document shall impair the relevant Lessee
from the exercise of any right it may have to assert and sue upon any claim it may have against a Customer. For the avoidance of
doubt, after the termination of a Device Lease with respect to a Device in accordance with this Section 2.9, all Customer Lease-End
Rights and Obligations under the relevant Customer Lease shall hereby pass from Lessor to the relevant Lessee on an as-is basis
without any warranty whatsoever from Lessor and any amount received by any Sprint Party from the relevant Customer or any other
Person on account of the related Customer Lease for such Device shall be the property of such Sprint Party and may be retained by
such Sprint Party.
SECTION 2.10 Title Transfer . Upon a Customer Lease termination under Section 2.9(b)(iii), (iv) or (v) ( Terminationof
theCustomerLeasebyCustomerPerformance) Lessor shall transfer to the relevant Customer title to the relevant Device free and
clear of all Liens
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