Sprint - Nextel 2015 Annual Report Download - page 306

“ Mobile Leasing Solutions ” means Mobile Leasing Solutions, LLC, a Delaware limited liability company;
" Near Prime Customer " means any Customer under a Customer Lease that was not a Prime Customer as of the date of
origination of such Customer Lease, and which as of the date of origination of such Customer Lease (i) had a credit class
designation of “Q2”, “H1”, “S5” or “T4”, or any equivalent credit class as set forth in the Credit and Collection Policies, and
(ii) required a down payment of less than 35% of the device manufacturer's suggested retail price, by the internal scoring
system of the Servicer or an Originator;
“ Nominated Agent ” means, with respect to a Party, a Person appointed to act as that Party’s agent with respect to that
Party’s obligations and rights under the Transaction Documents;
“ Non-Return Remedies ” has the meaning given to that term under Section 2.12(b) ( Non-Return Remedies ) of this
Agreement;
“ Non-Return Remedies Commencement Date ” means:
(a) in relation to a non-payment of any amount due under a Customer Lease, the date on which Servicer suspends service
to the relevant Customer in accordance with the Credit and Collection Policies;
(b) in relation to Device that is Non-Returned Device pursuant to Section (a) of the definition of Defaulted Device
Returns, the Required Return Date therefor; and
(c) in relation to a Device that, at the time of its return did not satisfy the Device Return Condition, the date on which the
Device was returned to a Sprint Party;
“ Non-Returned Device ” means any Device that is subject to a Defaulted Device Return;
“ Omnibus Consent ” means the Omnibus Consent Agreement, dated as of the date hereof and effective as of the
Amendment Closing Date, among Sprint, Lessor, Lessees, Originators, the Senior Agent, the Senior Subordinated Loan
Creditor, the Series 1 Members, Brightstar, Servicer and the other parties thereto;
“ Opinion of Counsel ” means the written opinion of a nationally or internationally recognized counsel that is selected by a
Party to decide questions of law raised by Transaction Documents;
“ Originators ” has the meaning given to that term under the First Step Transfer Agreement;
“ Party ” and “ Parties ” means, with respect to any Transaction Document, each party to the relevant agreement;
“ Performance Support Agreement ” means the Amended and Restated Performance Support Agreement (Tranche 1),
dated as of the date hereof and effective as of the Amendment Closing Date, between Sprint and Lessor;