Sprint - Nextel 2015 Annual Report Download - page 307

“ Performance Support Provider ” means Sprint;
“ Permitted Device Liens ” means
(a) Liens arising pursuant to any Transaction Document;
(b) Liens of Customers under the Customer Leases;
(c) Lessor’s Liens;
(d) Liens for taxes not yet due or that are being contested in good faith by appropriate proceedings diligently conducted
and inchoate materialmen’s, mechanic’s, workmen’s, repairmen’s, employee’s, or other like Liens arising in the
ordinary course of business of Lessee for sums not yet due or that are being contested in good faith by appropriate
proceedings diligently conducted, provided that adequate reserves with respect thereto are maintained in conformity
with GAAP; and
(e) any customary rights of setoff, revocation, refund or chargeback and, as applicable, statutory or common law liens, in
each case, of any Account Bank under the applicable Account Control Agreement.
“ Permitted Holder ” means SoftBank and its Affiliates;
“ Person ” means a natural individual, partnership, sole proprietorship, limited liability company, corporation (including a
business trust), joint stock company, trust, unincorporated association, joint venture, Governmental Authority or any other
entity of whatever nature;
“ Present Value Device Lease Amount ” means an amount equal to the sum of (a) all previously accrued and unpaid Rental
Payments, if any, plus (b) the remaining Rental Payments that would have accrued during the remainder of the Scheduled
Device Lease Term, if any, discounted to present value at the Incremental Rate;
" Prime Customer " means any Customer that was categorized as "Prime" by the internal scoring system of the Servicer or
an Originator as of the date of origination of the relevant Customer Lease or had graduated to such status as of the Lease
Closing Date;
“ Protected Customers ” means any current or former Customer that (i) is or has been subject to protections under the
Servicemembers Civil Relief Act (the “ SCRA ”), but only with respect to, and to the extent of, Customer Receivables that
are subject to the protections of the SCRA, or (ii) is a debtor in a bankruptcy proceeding, to the extent that the automatic stay
applies to such debtor’s Customer Receivables under Section 362 of the Bankruptcy Code;
“ PUK ” means personal identification number unlock key;
“ Records ” means all contracts (including the Customer Lease), if any, and other documents, purchase orders, invoices,
agreements, books, records and any other media,