Sprint - Nextel 2015 Annual Report Download - page 301

material respects and (iii) has been acquired by the applicable Lessee from its Related Originator pursuant to
and in accordance with the terms of the First Step Transfer Agreement;
(j) the Customer under which is not (i) the Lessor or any of the Members, or (ii) Sprint, any Originator, the Servicer or a
Subsidiary of any of them or identified on Sprint's or the Servicer's records as an employee of Sprint, the Servicer of
any of their respective Subsidiaries;
(k) the Customer under which is not a Sanctioned Person;
(l) the Customer under which is required to make payments no less frequently than monthly under such Customer Lease;
(m) the Customer under which is either (i) a Customer of an Originator or any of its Affiliates (prior to the transfer of the
Customer Lease to the relevant Lessee) that is a Prime Customer, or (ii) a Customer of an Originator or any of its
Affiliates (prior to the transfer of the Customer Lease to the relevant Lessee) that is a Near Prime Customer;
(n) arose under an Customer Lease which (i) is substantially in the form of Schedule 4 ( CustomerLeases) hereto; and
(ii) relates to an Eligible Device which is compatible with market technology and service platforms;
(o) the Customer under which is an active paying subscriber of Sprint’s or any of its Affiliates’ wireless services;
(p) that (A) has been outstanding beyond the date that is one payment after the origination date of such Customer Lease or
(B) the Customer under which has been an active paying subscriber of Sprint's or any of its Affiliates' wireless
services for a minimum of thirteen (13) months immediately before the origination date of such Customer Lease;
(q) the Customer under which has not elected to participate in the iPhone Forever Program;
(r) all sales taxes to be paid in connection with the origination of such Customer Receivable have been fully paid or will
be scheduled to be fully paid upon payment of installments on such Customer Lease to the extent required by
applicable Laws;
(s) the Customer Receivable with respect to which, as of any date of determination, is not a Non Lock-Box Receivable
(as defined in the Servicing Agreement) comprising any part of any amount in excess of 6.00% of the Unpaid Balance
of all Eligible Leases; and
(t) which, as of any date of determination when aggregated with all other Customer Leases no Customer’s aggregate
Unpaid Balance for all such Customer’s