UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 12, 2018

 

 

SPRINT CORPORATION

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware   1-04721   46-1170005

(State

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

6200 Sprint Parkway, Overland Park, Kansas   66251
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (877) 564-3166

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 1.01 Entry into a Material Definitive Agreement

As previously disclosed, on October 27, 2016, Sprint Spectrum Co LLC, Sprint Spectrum Co II LLC and Sprint Spectrum Co III LLC (together, the “ Issuers ”), each a Delaware limited liability company and limited-purpose, bankruptcy remote, wholly owned indirect subsidiary of Sprint Corporation (the “ Company ”), issued $3.5 billion in aggregate principal amount of Series 2016-1 3.360% Senior Secured Notes, Class A-1 (the “ 2016 Spectrum Notes ”) under an Indenture, dated as of October 27, 2016 (the “ Base Indenture ”), among the Issuers and Deutsche Bank Trust Company Americas, as trustee and securities intermediary (the “ Trustee ”), as supplemented by the Series 2016-1 Supplement, dated as of October 27, 2016, among the Issuers and the Trustee.

The 2016 Spectrum Notes were issued in a securitization transaction pursuant to which a portfolio of Federal Communications Commission spectrum licenses and a small number of third-party leased spectrum license agreements (together, the “ Spectrum Portfolio ”) held by certain subsidiaries of the Company, were contributed to Sprint Spectrum License Holder LLC, Sprint Spectrum License Holder II LLC and Sprint Spectrum License Holder III LLC, each a Delaware limited liability company and limited-purpose, bankruptcy remote, wholly owned subsidiary of the Issuers (together, the “ License Holders ”). Pursuant to an Intra-Company Spectrum Lease Agreement, dated as of October 27, 2016 (the “ Spectrum Lease ”), the License Holders leased the rights to use the Spectrum Portfolio for a 30-year term to Sprint Communications, Inc. (“ SCI ”).

On March 12, 2018, the Base Indenture and Spectrum Lease were amended to, among other things, permit the contribution of additional spectrum from subsidiaries of the Company to the License Holders in connection with the issuance of additional notes in excess of the Maximum Program Amount (as defined in the Base Indenture), permit the joining of additional parties to account for the contribution of additional spectrum, expand the ability to exchange spectrum in the Spectrum Portfolio and change certain requirements for the issuance of additional notes under the Base Indenture.

The preceding description of the amendments to the Base Indenture and the Spectrum Lease is a summary and is qualified in its entirety by the First Supplemental Indenture, dated as of March 12, 2018, by and among the Issuers and the Trustee, and the First Amendment to Intra-Company Spectrum Lease Agreement, dated as of March 12, 2018, by and among the License Holders, SCI, Sprint Intermediate Holdco LLC, Sprint Intermediate Holdco II LLC, Sprint Intermediate Holdco III LLC and the guarantors named therein, which are both filed as exhibits hereto and incorporated by reference herein.

Item 8.01 Other Events.

Also on March 12, 2018, the Company announced that the Issuers plan to offer up to $3,937,500,000 of wireless spectrum-backed notes in two series with varying maturities pursuant to a supplement to the Base Indenture, as amended, in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as described in the press release attached hereto as Exhibit 99.1, which is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibits are filed with this report:

 

Exhibit No.

  

Description

  4.1    First Supplemental Indenture, dated as of March  12, 2018, by and among Sprint Spectrum Co LLC, Sprint Spectrum Co II LLC, Sprint Spectrum Co III LLC and Deutsche Bank Trust Company Americas, as trustee and securities intermediary.
10.1    First Amendment to Intra-Company Spectrum Lease Agreement, dated as of March  12, 2018, by and among Sprint Spectrum License Holder LLC, Sprint Spectrum License Holder II LLC and Sprint Spectrum License Holder III LLC, Sprint Communications, Inc., Sprint Intermediate Holdco LLC, Sprint Intermediate Holdco II LLC, Sprint Intermediate Holdco III LLC and the guarantors named therein.
99.1    Press Release.

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    SPRINT CORPORATION
March 12, 2018     By:   /s/ Stefan K. Schnopp
      Stefan K. Schnopp
      Vice President and Corporate Secretary

 

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Exhibit 4.1

EXECUTION VERSION

FIRST SUPPLEMENTAL INDENTURE, dated as of March 12, 2018 (this “ Supplemental Indenture ”), to the indenture, dated as of October 27, 2016 (the “ Base Indenture ”), by and among Sprint Spectrum Co LLC, a Delaware limited liability company (the “ Master Issuer ”), Sprint Spectrum Co II LLC, a Delaware limited liability company (“ Co-Issuer II ”), and Sprint Spectrum Co III LLC, a Delaware limited liability company (“ Co-Issuer III ” and, together with Co-Issuer II and the Master Issuer, the “ Issuers ”), and Deutsche Bank Trust Company Americas, not in its individual capacity by solely as trustee and as securities intermediary (the “ Trustee ”). Capitalized terms used but not defined herein have the meanings given to such terms in the Base Indenture.

WITNESSETH:

WHEREAS, pursuant to Section 13.1(a)(ii) of the Base Indenture, the Issuers and the Trustee may, without the consent of any Noteholder, the Control Party, the Controlling Class Representative or any other Secured Party, enter into one or more Supplements to the Base Indenture to add to the covenants of the Securitization Entities for the benefit of any Noteholders or any other Secured Parties;

WHEREAS, pursuant to Section 13.1(a)(iii) of the Base Indenture, the Issuers and the Trustee may, without the consent of any Noteholder, the Control Party, the Controlling Class Representative or any other Secured Party, enter into one or more Supplements to the Base Indenture to mortgage, pledge, convey, assign and transfer to the Trustee for the benefit of the Secured Parties any property or assets (other than any such property or assets the pledge or ownership of which would conflict with the Base Indenture or the other Transaction Documents) as security for the Obligations and to specify the terms and conditions upon which such property or assets are to be held and dealt with by the Trustee and to set forth such other provisions in respect thereof as may be required by the Base Indenture or as may, consistent with the provisions of the Base Indenture, be deemed appropriate by the Issuers, the Back-Up Manager and the Trustee, or to correct or amplify the description of any such property or assets at any time so mortgaged, pledged, conveyed and transferred to the Trustee;

WHEREAS, pursuant to Section 13.1(a)(iv) of the Base Indenture, the Issuers and the Trustee may, without the consent of any Noteholder, the Control Party, the Controlling Class Representative or any other Secured Party, enter into one or more Supplements to the Base Indenture to correct any manifest error or defect or to cure any ambiguity, defect or inconsistency or to correct or supplement any provisions in the Base Indenture, in any Series Supplement or in any Notes, or in the Guarantee and Collateral Agreement or any other Indenture Document to which the Trustee is a party which may be inconsistent with any other provision therein or with the final offering memorandum for any Series of Notes;

WHEREAS, pursuant to Section 13.2 of the Base Indenture, the provisions of the Base Indenture may from time to time be otherwise amended, modified or waived, if such amendment, modification or waiver is in writing in a Supplement with the written consent of the Control Party (at the direction of the Controlling Class Representative);

WHEREAS, pursuant to Section 11.4(c) of the Base Indenture, if at any time there is no Controlling Class Representative, the Control Party is authorized to exercise the rights of the Controlling Class Representative for purposes of approving this Supplemental Indenture;

WHEREAS, the Issuers wish to amend the Base Indenture as set forth in this Supplemental Indenture to effect the purposes of Section 13.1(a)(ii), Section 13.1(a)(iii) and Section 13.1(a)(iv) of the Base Indenture, and to effect certain related amendments pursuant to Section 13.2 of the Base Indenture;

 

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WHEREAS, the Master Issuer has requested that the Control Party exercise the rights of the Controlling Class Representative and consent to the amendments described herein to the extent required under such Section 13.2; and

WHEREAS, the conditions set forth for entry into this Supplemental Indenture pursuant to the Base Indenture, including but not limited to Article XIII, have been satisfied.

NOW, THEREFORE, in consideration of the mutual agreements herein set forth, the parties agree as follows:

1. Amendments to the Base Indenture . Effective as of the date hereof, the following amendments are made to the Base Indenture:

(a) Section 2.2(b)(iv)(A) shall be amended by deleting the bold, stricken text as follows:

(A) the Aggregate Outstanding Principal Amount of all Notes as of the applicable Series Closing Date on a pro forma basis after giving effect to the issuance of such Additional Notes and the application of proceeds therefrom shall be equal to not more than the Maximum Program Amount; provided that the issuance of Additional Notes in excess of the Maximum Program Amount may be permitted subject to (i)  the Issuers or the Manager obtaining a new valuation by an Approved Valuation Firm indicating that the Aggregate Outstanding Principal Amount of all Notes as of the applicable Series Closing Date on a pro forma basis after giving effect to the proposed issuance of such Additional Notes and the application of proceeds therefrom will not exceed 42.81% of the fair market value of the Spectrum Portfolio (determined by way of substantially the same methodology used to determine such fair market value on or prior to the Closing Date) as of the applicable Series Closing Date; and (ii)  the consent of the Control Party (acting at the direction of the Controlling Class  Representative) ;

(b) Section 2.2(b)(iv)(B) is hereby deleted in its entirety and replaced with the following:

(B) [INTENTIONALLY OMITTED]

(c) Section 2.2(b)(iv)(N) is hereby deleted in its entirety and replaced with the following:

(N) [INTENTIONALLY OMITTED]

(d) Section 2.2(b)(vii) shall be amended by deleting the word “and” immediately after the phrase “with the initial issuance of Class A Notes);”.

(e) Section 2.2(b)(viii) shall be amended by deleting the “.” and inserting in lieu thereof “; and”;

(f) Section 2.2(b) shall be amended by adding a new clause (ix) as follows:

(ix) if, in connection with such new Series of Notes or Additional Notes of an existing Series, additional Spectrum is contributed to one or more License Holders through one or more Contribution Agreements, the Transaction Documents (including the Spectrum Lease) shall be amended (in form satisfactory to the Trustee, in the case of an amendment to any Transaction Document to which the Trustee is a party) to account for such additional

 

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Spectrum (including by updating Exhibit A to the Spectrum Lease to reflect such additional Spectrum) and any additional obligations, costs, requirements and other terms associated with such additional Spectrum and to cause the Issuers to satisfy the condition set forth in Section 2.2(b)(iv)(M) or otherwise comply with the Indenture.

(g) Section 5.1(b) shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

(b) Initial Class  A Notes Interest Reserve Amount . On the each Series Closing Date, the Issuers shall (i) deposit a portion of the net proceeds of the issuance of the applicable Class A -1 Notes to the Class A Notes Interest Reserve Account and/or (ii) procure one or more letters of credit (each, an “ Interest Reserve Letter of Credit ”) for the benefit of the Trustee on behalf of the Class A Noteholders pursuant to one or more letter of credit issuance and reimbursement facilities (each, an “ LC Facility ”) having an aggregate amount available to be drawn (such aggregate availability amount, the “ LC Availability ” and the portion of the LC Availability represented by any LC Provider, its “ LC Availability Portion ”) on such date such that the aggregate amount on deposit in the Class A Notes Interest Reserve Account plus the LC Availability at least equals the Class A Notes Interest Reserve Amount on the such Series Closing Date (the “ Initial Class  A Interest Reserve Amount ”).

(h) Section 5.1(c) shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

(c) Quarterly Deposits to Class  A Notes Interest Reserve Account . On each Quarterly Payment Date, the Issuers shall apply the amount on deposit in the Collection Account in accordance with clause (viii) of the Priority of Payments to make a deposit to the Issuer Interest Reserve Account to the extent necessary to ensure that the sum of (i) the amount on deposit therein and (ii) LC Availability is at least equal to the Class A Notes Interest Reserve Amount as of such date. The “ Class  A Notes Interest Reserve Amount ” means, with respect to the each Series Closing Date and any Quarterly Payment Date (and any Quarterly Allocation Date related thereto) an amount equal to the aggregate Class A Notes Quarterly Interest Amount due (at the applicable stated rate of interest and calculated for such purpose by excluding any scheduled amortization) on the next six immediately succeeding Quarterly Payment Dates after such Quarterly Payment Date (or the Series Closing Date, as applicable). The Class A Notes Interest Reserve Amount shall decrease proportionately with any reduction in the Outstanding Principal Amount of one or more Series of the Class A Notes. In the event of such reduction, on any Quarterly Payment Date following the issuance of one or more Interest Reserve Letters of Credit in respect of a Series of Class  A Notes (the Interest Reserve Letters of Credit issued in respect of a Series of Class  A Notes, an “IRLC Support Series”) , the resulting Excess Interest Reserve Amount shall be applied towards the reduction of (a) the LC Obligations of any Ineligible LC Provider and (b) the LC Availability Portion for any LC Provider that is not an Ineligible LC Provider, (1)  pro rata among all LC Providers of the applicable IRLC Support Series based on their respective LC Availability Portions (if such reduction in Outstanding Principal Amount relates to only one Series of Class  A Notes) and (2)  first, among the IRLC Support Series based on their respective required interest reserve amounts and, second, among all LC Providers within each applicable IRLC Support Series based on their respective LC Availability Portions (if such reduction in Outstanding Principal Amount relates to more than one Series of Class  A Notes) . In connection therewith, on such Quarterly Payment Date, (i) the Trustee (acting at the

 

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direction of the Manager (acting on behalf of the Issuers)) shall withdraw and release the amount required under clause (a) above from the related applicable LC Provider Accounts for payment to the related LC Providers and (ii) the LC Availability of any applicable Interest Reserve Letter of Credit for which an Ineligibility Drawing has not been made shall be reduced, in an aggregate amount, concurrent with the applications set forth in (a) and (b), not to exceed the Excess Interest Reserve Amount. If any Excess Interest Reserve Amount exists in the Issuers Interest Reserve Account following the application of the amounts set forth in clauses (a) and (b) above, such Excess Interest Reserve Amount (or portion thereof) shall be withdrawn by the Trustee (acting at the direction of the Manager (acting on behalf of the Issuers)) and deposited into the Collection Account on such Quarterly Payment Date for application in accordance with the Priority of Payments. If the Issuers (x)  issue a Series of Class  A Notes that consists of more than one Tranche of Class  A Notes and (y)  procure Interest Reserve Letters of Credit separately in respect of each Tranche of such Series, each such Tranche shall constitute a “Series of Class  A Notes” and the Interest Reserve Letters of Credit procured in respect of each such Tranche of Class  A Notes shall constitute an IRLC Support Series in respect of such Tranche for purposes of Sections 5.1 and 5.13.

(i) Section 5.1(g) shall be amended by inserting the bold, underlined text as follows:

(g) Release of LC Provider Account . On the date on which no Class A Notes are Outstanding in respect of an IRLC Support Series , the Manager shall instruct the Trustee in writing to withdraw on such date any funds then on deposit in the LC Provider Accounts related to such IRLC Support Series and to release all such remaining funds at the direction of the Manager (acting on behalf of the Issuers) and/or to return any outstanding Interest Reserve Letter of Credit of such IRLC Support Series maintained with respect to the LC Provider Account to the LC Provider thereof for cancellation.

(j) The final paragraph of Section 5.8 shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

Except as provided with respect to Optional Prepayments, A a ll payments of interest, principal and Class A Make-Whole Prepayment Premium will be made on a pro rata basis as between the Class A Notes based on the Aggregate Outstanding Principal Amount thereof. All amounts on deposit in the Class A Notes Interest Reserve Account that will be applied on a Quarterly Payment Date in respect of any payment of the Class A Notes Accrued Quarterly Interest Shortfall on such date will be withdrawn directly from the Class A Notes Interest Reserve Account and applied toward such payment in accordance with the Interest Reserve Funding Priority. Each Secured Party agrees that its claims against an Issuer or Guarantor for payment of amounts are subordinate to any claims ranking higher in the Priority of Payments (each such prior claim, a “Senior Claim”), which subordination shall continue until the holder of such Senior Claim, or the Security Trustee on its behalf, has received the full cash amount of such Senior Claim.

(k) Section 5.13(a) shall be amended by inserting the bold, underlined text as follows:

(a) The Issuers may, in lieu of depositing cash in the Issuers Interest Reserve Account in the full amount of the Class A Notes Interest Reserve Amount that is required to be held in the Class A Notes Interest Reserve Account, maintain one or more Interest Reserve Letters of Credit under an LC Facility for the benefit of the Trustee on behalf of the Class A Noteholders. The Interest Reserve Letters of Credit may provide LC Availability equal

 

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to all or any portion of the Class A Notes Interest Reserve Amount. The Issuers (or the Manager on their behalf) shall provide notice to the Trustee and the Control Party of any new Interest Reserve Letter of Credit at least five (5) Business Days prior to the initial issuance thereunder and the Trustee shall (at the direction of the Manager, acting on behalf of the Issuers) execute an acknowledgement of the terms of the relevant LC Facility in favor of the LC Providers prior to such date of issuance. For so long as no Lessee Payment Default Rapid Am Event or acceleration of the Class A Note s following an Event of Default has occurred, subject to the Interest Reserve Funding Priority, the Interest Reserve Letters of Credit shall be drawn pro rata to fund any Class A Notes Accrued Quarterly Interest Shortfall in respect of the Class A Notes, which drawn amounts shall be deposited into the Class A Notes Interest Reserve Account and applied to the applicable LC Provider Account. Following the occurrence of a Lessee Payment Default Rapid Am Event or acceleration of the Class  A Notes following an Event of Default, the Interest Reserve Letters of Credit shall be drawn in full in connection with the Final Drawing, as described below, and the drawn amounts shall be deposited into the Class A Notes Interest Reserve Account and applied to the applicable LC Provider Account and the Interest Reserve Letters of Credit shall be returned to the applicable LC Provider.

(l) Section 5.13(d) shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

(d) Notwithstanding anything in the Indenture or any other Transaction Document to the contrary, if one or more Interest Reserve Letters of Credit are issued following the deposit of the Initial Class A Notes Interest Reserve Amount in the Class A Notes Interest Reserve Account on the applicable Series Closing Date and such issuance causes an Excess Interest Reserve Amount to be on deposit in the Issuers Interest Reserve Account, then within two Business Days of any such issuance, the Issuers may distribute in cash (only to the extent there are amounts on deposit in the Issuers Interest Reserve Account) such Excess Interest Reserve Amount to their respective parent entities, such that the aggregate amount of all such distributions since on or after the applicable Series Closing Date does not exceed the amount of the applicable Initial Class A Interest Reserve Amount, and such parent entities may further distribute such amounts, in each case, so long as (i) at the time of such distributions (A) no Default, Potential Rapid Amortization Event or Rapid Amortization Event shall have occurred and be continuing and (B) no Interest Reserve Letter of Credit is an Ineligible Interest Reserve Letter of Credit and (ii) the Issuers (or the Manager on their behalf) shall have delivered to the Trustee and Control Party a notice in respect thereof and certifying as to the foregoing. Following the distributions of Excess Interest Reserve Amounts in accordance with this paragraph in an amount up to the applicable Initial Class A Interest Reserve Amount (collectively, the “ Issuers Reserve Distribution ”), subsequent distributions of Excess Interest Reserve Amounts shall be made as provided below.

(m) Section 5.13(e) shall be amended by inserting the bold, underlined text as follows:

(e) If on any Quarterly Payment Date following the issuance of one or more Interest Reserve Letters of Credit in respect of a Series of Class  A Notes , the Class A Notes Interest Reserve Amount has decreased in connection with any reduction in the Outstanding Principal Amount of one or more Series of the Class A Notes, the resulting Excess Interest Reserve Amount shall be applied towards the reduction of (a) the LC Obligations of any Ineligible LC Provider and (b) the LC Availability Portion for any LC Provider that is not an Ineligible LC Provider, (1)  pro rata among all LC Providers of the

 

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applicable IRLC Support Series based on their respective LC Availability Portions (if such reduction in Outstanding Principal Amount relates to only one Series of Class  A Notes) and (2)  pro rata, first, among all LC Providers within each applicable IRLC Support Series based on the percentage that the respective Outstanding Principal Amounts of each related Series of Class  A Notes being reduced bears to the aggregate Outstanding Principal Amount of all Series of Class  A Notes being reduced and, second, among all LC Providers within each applicable IRLC Support Series based on their respective LC Availability Portions (if such reduction in Outstanding Principal Amount relates to more than one Series of Class  A Notes) . In connection therewith, on such Quarterly Payment Date, (i) the Trustee (acting at the direction of the Manager (acting on behalf of the Issuers)) shall withdraw and release the amount required under clause (a) above from the related applicable LC Provider Accounts for payment to the related LC Providers and (ii) the LC Availability of any applicable Interest Reserve Letter of Credit for which an Ineligibility Drawing has not been made shall be reduced, in an aggregate amount, concurrent with the applications set forth in (a) and (b), not to exceed the Excess Interest Reserve Amount. If any Excess Interest Reserve Amount exists in the Issuers Interest Reserve Account following the application of the amounts set forth in clauses (a) and (b) above, such Excess Interest Reserve Amount (or portion thereof) shall be withdrawn by the Trustee (acting at the direction of the Manager (acting on behalf of the Issuers)) and deposited into the Collection Account on the related Quarterly Payment Date for application in accordance with the Priority of Payments. “ Excess Interest Reserve Amount ” means the amount, if any, by which the aggregate amount on deposit in the Class A Notes Interest Reserve Account plus the LC Availability exceeds the Class A Notes Interest Reserve Amount.

(n) Section 5.13(g) shall be amended by inserting the bold, underlined text as follows:

(g) On the Business Day following the date that (or, if such date is not a Business Day, the immediately succeeding Business Day) any Interest Reserve Letter of Credit becomes an Ineligible LC, the Trustee (at the direction of the Issuers) or the Control Party (on the Issuers’ behalf) shall submit a notice of drawing under such Ineligible LC and use the proceeds thereof to fund a deposit into the LC Provider Account of the related Ineligible LC Provider in an amount equal to the lesser of (or the amount of, if there is no lesser amount)  (x) the Class A Notes Interest Reserve Account Deficiency Amount, on such date, calculated as if such Interest Reserve Letter of Credit had not been issued and (y) the total available undrawn amount of the such Ineligible LC (each such a drawing, an “ Ineligibility Drawing ”) and following such Ineligibility Drawing no additional amounts shall be available for drawing under such Ineligible LC and the Ineligible LC shall be returned to the related LC Provider.

(o) Section 5.13(h) shall be amended by deleting the bold, stricken text as follows:

(h) If an Ineligibility Drawing has occurred in respect of any Ineligible LC, the related Ineligible LC Provider shall have the right to direct the Manager who shall (on behalf of the Issuers) direct the Trustee to invest the drawn amount on deposit in the LC Provider Account relating to such Ineligible LC Provider in Eligible Investments. In the absence of such direction, funds in the LC Provider Account shall remain uninvested. All income or other gain from such Eligible Investments shall be credited to such LC Provider Account for the benefit of the related Ineligible LC Provider and shall be released by the Trustee (in accordance with the Quarterly Manager’s Certificate) on each Quarterly Payment Date to such Ineligible LC Provider and such Ineligible LC shall be returned to the applicable LC

 

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Provider . In no event shall the Trustee be liable for the selection of investments or for investment losses incurred thereon. The Trustee shall not have any liability in respect of losses incurred as a result of the liquidation, for any delay or fees imposed in relation to the liquidation, or receiving the liquidation proceeds of any investment, or losses incurred as a result of the liquidation of any investment prior to its stated maturity, or the failure of the Ineligible LC Provider or the Manager (on behalf of the Issuers) to provide timely written instruction.

(p) Section 5.13(j) shall be amended by inserting the bold, underlined text as follows:

(j) Promptly following the occurrence of a Lessee Payment Default Rapid Am Event or the acceleration of the Class A Notes following an Event of Default, the Trustee, at the direction of the Manager (acting on behalf of the Issuers) shall submit a notice of drawing under each Interest Reserve Letter of Credit for the full available undrawn amount of such Interest Reserve Letter of Credit (but in no event in excess of the Class A Notes Interest Reserve Amount), and all such amounts drawn shall be deposited by the Trustee into the Class A Notes Interest Reserve Account and credited to the applicable LC Provider Account s for application in accordance with the Priority of Payments (such drawings collectively, the “ Final Drawing ”) and following such Final Drawing (i) no additional amounts shall be available for drawing under the Interest Reserve Letters of Credit and each Interest Reserve Letter of Credit shall be returned to the applicable LC Provider and (ii) any Ineligibility Drawing in the LC Account of such Ineligible LC Provider shall be automatically converted to a Final Drawing.

(q) Section 8.9 shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

The Issuers will, and will cause each other Securitization Entity to, not make, incur, or suffer to exist any Investment, other than (a) Investments in the Indenture Trust Accounts and Eligible Investments or (b) in respect of PledgeCo I, PledgeCo II , and PledgeCo III and any Additional PledgeCo , the Equity Interests each holds in the Master Issuer, Co-Issuer II , and Co-Issuer III and any Additional Issuer , respectively and in respect of the Master Issuer, Co-Issuer II , and Co-Issuer III and any Additional Issuer , the Equity Interests each holds in License Holder I, License Holder II , and License Holder III and any Additional License Holder , respectively.

(r) Section 8.12 shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

On and after the Closing Date, the Issuers shall not, and shall not permit any other Securitization Entity to, without the consent of the Control Party, merge or consolidate with or into any other Person (whether by means of a single transaction or a series of related transactions); provided that all of the constituent entities of any of Silo I, Silo II , and/or Silo III and/or any Additional Silo may merge or consolidate with or into the corresponding constituent entities of any of Silo I, Silo II , and/or Silo III and/or any Additional Silo if at such time no Default or Event of Default has occurred and is continuing or will result therefrom, and notice of such merger or consolidation is given to the Rating Agencies (any such merger or consolidation, a “ Permitted Silo Merger ”).

 

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(s) Section 8.18 shall be amended (effective upon the date hereof and operative, automatically without notice or any other action whatsoever, upon the occurrence of the issuance of Additional Notes) by inserting the bold, underlined text and deleting the bold, stricken text as follows:

The Issuers shall not, and shall not permit any other Securitization Entity to, sell, transfer, lease, license, liquidate or otherwise dispose of any of their property (whether by means of a single transaction or a series of related transactions), including Equity Interests of any other Securitization Entity, except for (i) subleases of the Spectrum Usage Rights to the Affiliated Entities and certain third parties on terms and conditions provided for in the Spectrum Lease, (ii) certain exchanges of Third-Party Leased Licenses for new Directly-Held Licenses so long as (a) the applicable License Holder shall have delivered evidence reasonably satisfactory to the Control Party that such Directly-Held License has been effectively transferred to such License Holder pursuant to the applicable Communications Laws and (b) no funds of the License Holders shall have been used in connection therewith , ; (iii) in connection with an Existing Coverage Consolidation (where “ Existing Coverage Consolidation ” means a BRS 2.5 GHz Directly-Held License issued for a Protected Service Area is terminated in the ordinary course or is otherwise no longer in full force and effect, and at the time of such termination or ceasing to be in full force and effect, there exists a corresponding Basic Trading Area ( BTA ) Directly-Held License that is in full force and effect and that provides the applicable License Holder with at least as much ability to serve the affected geographic Protected Service Area (considering the bandwidth available, the radio frequencies involved, and the power levels authorized) as the License Holders had immediately prior to such termination or cessation), (iv) exchanges with a third-party in respect of one or more of the 1.9 GHz FCC licenses held by such third-party and one or more of the 1.9 GHz Directly-Held Licenses held by the License Holders (a “ 1.9 Swap ”) subject to the following terms and conditions (the “ 1.9 Swap Conditions ”): (1) such 1.9 Swap is entered into with an entity affiliated or unaffiliated with SCI on an arm’s-length basis, (2) the FCC license received in the 1.9 Swap is of equal or greater value than the exchanged license, and Directly-Held License, within the same BTA market (or, if not in the same BTA market, makes up less than 15% (together with all other Directly-Held Licenses theretofore subject to a Swap which did not exchange a Directly-Held License for an FCC License within the same BTA market) of the aggregate MHz-pops of all of the Directly-Held Licenses in the Spectrum Portfolio subject to a Swap (measured by aggregating the MHz-pops of each Directly-Held License as of the date such Directly-Held License became a Contributed Asset hereunder)) and, in the case of a 1.9 GHz Directly-Held License, is in at least a 5 x 5 MHz paired configuration within the same BTA market , and the market value of the Spectrum Portfolio will not be lower after giving effect to the 1.9 Swap than it was prior to giving effect to the 1.9 Swap, (3) the 1.9 Swap is entered into in the ordinary course of business, (4)  the 1.9 Swap is not materially adverse to the Secured Parties, ( 5 4 ) the 1.9 Swap is made on a fair and non-discriminatory basis with respect to the Spectrum Portfolio and without any preference to SCI’s and its Affiliates’ other FCC license holdings, ( 6 5 ) the total aggregate MHz-pops of the Spectrum Portfolio at the time of such 1.9 Swap (together with all other Directly-Held Licenses theretofore subject to a Swap) that is subject to 1.9 Swaps does not exceed 7.5% of the total aggregate MHz-pops of the Spectrum Portfolio ( including 1.9 GHz and 2.5 GHz FCC licenses) as of the Closing Date measured by aggregating the MHz-pops of each Directly-Held License

 

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as of the date such Directly-Held License became a Contributed Asset hereunder) , provided that a 1.9 Swap entered into prior to the Closing Date but not yet closed pending approval by the FCC will be disregarded for purposes of this clause, ( 7 6 ) the 1.9 Swap has received prior FCC approval, ( 8 7 ) the Manager has provided a certificate to each of the Issuers, the Manager and the Back-Up Manager certifying the preceding conditions and containing a reasonably detailed description of the business purpose and the benefit to the Spectrum Portfolio of the 1.9 Swap, ( 9 8 ) SCI has provided an opinion in substantially the same substance, to the extent relevant, as the regulatory opinion received in connection with the initial issuance of the Class A Notes, ( 10 9 ) the 1.9 Swap must be an in-kind exchange whereby the applicable License-Holder and its counterparty each give and receive an FCC license in the same frequency band , or an exchange of FCC licenses in the same frequency band in which only SCI or other Sprint Affiliate (other than the Securitization Entities) pays cash and not the 1.9 Swap counterparty and ( 11 10 ) the FCC licenses received by the License Holders in connection with the 1.9 Swap shall be equal in amount of MHz-pops (the “ Equal MHz-pops Condition ”), provided that License Holders may enter into a “non-uniform” 1.9 Swap which does not satisfy the Equal MHz-pops Condition, so long as the “non-uniform” 1.9 Swap does not reduce the 1.9 GHz Directly-Held Licenses MHz-pops by more than 5% of the 1.9 GHz Directly-Held Licenses aggregate MHz-pops held by the License Holders on the Closing Date (measured by aggregating the MHz-pops of each Directly-Held License as of the date such Directly-Held License became a Contributed Asset hereunder) and (v) Permitted Silo Mergers.

(t) Section 8.19 shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

Other than distributions of net proceeds of the offering on the any Series Closing Date, the Issuers will not declare or pay any distribution on any of their respective limited liability company interests other than any Issuers Reserve Distributions; provided that so long as no Potential Rapid Amortization Event, Rapid Amortization Event, Default or Event of Default has occurred and is continuing with respect to any Series of Notes Outstanding or would result therefrom, the Issuers may declare and pay distributions to the extent permitted under Section 18-607 of the Delaware Limited Liability Company Act and the Issuers’ Charter Documents, only after satisfaction of the Priority of Payments. The Issuers shall not, and shall not permit any other Securitization Entity to, redeem, purchase, retire or otherwise acquire for value any Equity Interest in or issued by such Securitization Entity or set aside or otherwise segregate any amounts for any such purpose except as expressly permitted by the Base Indenture or as consented to by the Control Party.

(u) Section 9.2(i) shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

(i) (A) the failure of SCI to (directly or indirectly) own 100% of the voting and economic Equity Interests in the Manager, each Spectrum-Licensing Subsidiary (provided that any Spectrum-Licensing Subsidiary may merge or consolidate with another Spectrum-Licensing Subsidiary, SCI or other subsidiary of SCI so long as SCI is the direct or indirect owner of 100% of the voting and economic Equity Interests of the surviving entity) and the Depositors (provided that any Depositor may merge or consolidate with another Depositor in connection with any Permitted Silo Merger or with any other subsidiary of SCI so long as SCI is the direct or indirect owner of 100% of the voting and

 

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economic Equity Interests of the surviving entity), (B) the failure of Sprint Corporation to directly own 100% of the voting Class A interests of the PledgeCos and the Intermediate HoldCos , and indirectly own, through the Intermediate HoldCos, 100% of the voting Class  A Equity Interests of the PledgeCos , (C) the failure of any of Depositor I, Depositor II , or Depositor III or any Additional Depositor to directly own 100% of the non-voting Class B economic interests of Intermediate HoldCo I, Intermediate HoldCo II , and Intermediate HoldCo III and any related Additional Intermediate HoldCo , respectively , if applicable, following the transfer thereof to the relevant Depositor Depositors (provided that any Intermediate HoldCo may merge or consolidate with another Intermediate HoldCo in connection with a Permitted Silo Merger), (D) the failure of any of Depositor I, Depositor II , or Depositor III or any Additional Depositor to own (directly or indirectly through Intermediate HoldCo I, Intermediate HoldCo II , or Intermediate HoldCo III or any relevant Additional Intermediate HoldCo , as applicable) 100% of the non-voting Class B economic interests of PledgeCo I, PledgeCo II , and PledgeCo III and any related Additional PledgeCo , respectively, (E) the failure by any of PledgeCo I, PledgeCo II , or PledgeCo III or any Additional PledgeCo to own directly 100% of the Equity Interests in the Master Issuer, Co-Issuer II , or Co-Issuer III or the related Additional Issuer , respectively, or (F) the failure by any of the Master Issuer, Co-Issuer II , or Co-Issuer III or any Additional Issuer to own directly 100% of the Equity Interests in License Holder I, License Holder II , or License Holder III or the related Additional License Holder , respectively, in each case other than as the result of, or as expressly permitted above in connection with, a Permitted Silo Merger;

(v) Section 9.2(f) shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

(f) (A) any of the Directly-Held Licenses or Third-Party Leased Licenses (other than the Third-Party Leased License associated with Clark County) is terminated, or is otherwise no longer in full force and effect or any of the Third-Party Lease Agreements (other than the Third-Party Leased License associated with Clark County) is not renewed or is otherwise not in full force and effect (except in connection with any Third-Party Leased License in respect thereof becoming a Directly-Held License of License Holders), (B) on the effective date set forth in any final order by the FCC (or other governmental body) revoking, canceling or otherwise terminating or failing to renew any of the Directly- Held Licenses or Third-Party Leased Licenses (other than the Third-Party Leased License associated with Clark County), (C) if any of the Directly-Held Licenses or Third-Party Leased Licenses (other than the Third-Party Leased License associated with Clark County) is lawfully reclaimed or taken by the FCC or any other governmental body pursuant to a final order, (D) if any of the Directly-Held Licenses or Third- Party Leased Licenses (other than the Third-Party Leased License associated with Clark County), or the Communications Laws and other laws applicable to the Directly-Held Licenses or Third-Party Leased Licenses, are modified in a manner that materially diminishes the ability of the License Holders to use any of the Third-Party Leased Licenses (other than the Third-Party Leased License associated with Clark County) or Directly-Held Licenses to provide communications services of the same service type and the same quality (considering radiated power, interference received from third-party sources, and geographic scope) as are being provided using such License on the date such License becomes a Contributed Asset Closing Date , or (E) any License Holder is no longer the holder of, or no longer in “ de jure ” control and “ de facto ” control of, any of the Directly-Held Licenses, in each case, except as expressly permitted under this

 

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Indenture or the other Transaction Documents, and in the case of subclauses (A) to (E) other than in connection with an Existing Coverage Consolidation; and any such condition, as set forth in subclauses (A) to (E), (X) if both the aggregate MHz-pops of the Licenses adversely affected by any of the conditions set forth in subclauses (A) to (E) is less than 2% of the aggregate MHz-pops of all of the Licenses in the Spectrum Portfolio (excluding the Third-Party Leased License associated with Clark County) or at such time the number of such adversely affected Licenses is less than 10, remains unremedied for 90 calendar days, or (Y) if either the aggregate MHz-pops of the Licenses adversely affected by any of the conditions set forth in subclauses (A) to (E) is 2% or more of the aggregate MHz-pops of all of the Licenses in the Spectrum Portfolio (excluding the Third-Party Leased License associated with Clark County) or at such time the number of such adversely affected Licenses is 10 or more, remains unremedied for twenty (20) Business Days, it being agreed that an Event of Default arising pursuant to this Section 9.2(f) may be waived by the Control Party (acting at the direction of the Controlling Class Representative);

(w) Section 11.1(d) shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

(d) If a CCR Candidate receives votes from Controlling Class Members owning or beneficially owning at least 50% of the Aggregate Outstanding Principal Amount of Notes of the Controlling Class  (or any beneficial interest therein) that are Outstanding as of the CCR Voting Record Date and with respect to which votes were submitted (which may be less than the Outstanding Principal Amount of Notes of the Controlling Class  as of the CCR Voting Record Date), such CCR Candidate shall be the Controlling Class Representative. Notes of the Controlling Class actually known to the Trustee to be held by the Issuers or any Affiliate of the Issuers, or held by the Back-Up Manager or any Affiliate of the Back-Up Manager, will not be considered Outstanding for such voting purposes. If two CCR Candidates both receive votes from Controlling Class Members holding beneficial interests in owning or beneficially owning exactly 50% of the Aggregate Outstanding Principal Amount of Notes of the Controlling Class, the Controlling Class Representative shall be the CCR Candidate chosen by the Manager, pursuant to the Management Agreement. In the event that no CCR Candidate receives votes from Controlling Class Members owning or beneficially owning at least 50% of the Aggregate Outstanding Principal Amount of Notes of the Controlling Class  with respect to which votes were submitted , the Trustee will notify the Manager, the Securitization Entities, the Back-Up Manager, the Rating Agencies and the Controlling Class Members that no Controlling Class Representative will be appointed, and until a CCR Re-election Event occurs and a new Controlling Class Representative is elected (i) the Control Party shall exercise the rights of the Controlling Class Representative in accordance with the Back-Up Management Standard and (ii) any deliverable or notice that is required to be provided to the Controlling Class Representative under a Transaction Document shall be delivered to the Control Party.

(x) Section 13.1(a)(ix) shall be amended by deleting the word “or” immediately after the phrase “(as evidenced by an Opinion of Counsel);”.

(y) Section 13.1(a)(x) shall be amended by adding the word “or” after the phrase “including withholding Tax;”.

 

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(z) Section 13.1(a) shall be amended by adding a new clause (xi) as follows:

(xi) to amend clause (5) of the definition of “Swap Conditions” to increase the percentage referenced therein to a percentage not to exceed 15%; provided that the effectiveness of such amendment shall be conditioned upon the receipt from each Rating Agency of a Rating Agency Confirmation with respect to such amendment;

(aa) The heading to Section 14.16 shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

Section 14.16 1.9 Spectrum Swaps; Release of Collateral ;

(bb) Section 14 of the Indenture shall be amended by adding a new Section 14.17 as follows:

14.17 Additional Issuer . Any Additional Issuer shall execute and deliver to the Trustee an Issuer Joinder Agreement.

(cc) Section 14 of the Indenture shall be amended by adding a new Section 14.18 as follows:

14.18 Additional Securitization Entity . The Issuers shall cause any Additional PledgeCo and Additional License Holder to execute and deliver to the Trustee a GCA Joinder Agreement. The execution and delivery of a GCA Joinder Agreement pursuant to this Section 14.18 shall not constitute an amendment or modification to the Guarantee and Collateral Agreement for purposes of Section 13.3 or an action by the Trustee under the Indenture or other Transaction Document for purposes of Section 14.2, such execution and delivery of the GCA Joinder Agreement by the Trustee shall be deemed authorized and permitted by this Base Indenture and the other Transaction Documents and all conditions precedent set forth in the Base Indenture and the other Transaction Documents with respect thereto shall been deemed to have been satisfied.

(dd) Annex A to the Base Indenture shall be amended as follows:

(i) The following definitions shall be amended by inserting the bold, underlined text and deleting the bold, stricken text as follows:

Contribution Agreements ” means the following agreements: the Master Contribution Agreement, the Issuer-License Holder Contribution Agreements, the Depositor-PledgeCo Contribution Agreements , and the PledgeCo-Issuer Contribution Agreements and any Additional Contribution Agreement .

Class  A Notes Interest Reserve Amount ” means, with respect to the each Series Closing Date and any Quarterly Payment Date (and any Quarterly Allocation Date related thereto) an amount equal to the aggregate Class A Notes Quarterly Interest Amount due (at the applicable stated rate of interest) on the next six immediately succeeding Quarterly Payment Dates after such Quarterly Payment Date (or the Series Closing Date, as applicable).

 

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Depositors ” means, collectively, Sprint Spectrum Depositor LLC, Sprint Spectrum Depositor II LLC and Sprint Spectrum Depositor III LLC, each a Delaware limited liability company and a wholly-owned indirect subsidiary of SCI , and any Additional Depositor .

Intermediate HoldCos ” means, collectively Sprint Intermediate HoldCo LLC, Sprint Intermediate HoldCo II LLC and Sprint Intermediate HoldCo III LLC, each a Delaware limited liability company and a wholly-owned indirect subsidiary of SCI Sprint Corporation, and any Additional Intermediate HoldCo .

Issuers ” means, collectively, the Master Issuer, Co-Issuer II , and Co-Issuer III and any Additional Issuer .

License Holders ” means, collectively, Sprint Spectrum License Holder LLC (“ License Holder I ”), Sprint Spectrum License Holder II LLC (“ License Holder II ”) and Sprint Spectrum License Holder III (“ License Holder III ”), each a Delaware limited liability company and the Lessors under the Spectrum Lease , and any Additional License Holder .

PledgeCos ” means Sprint Spectrum PledgeCo LLC (“ PledgeCo I ”), Sprint Spectrum PledgeCo II LLC (“ PledgeCo II ”) and Sprint Spectrum PledgeCo III LLC (“ PledgeCo III ”), each a Delaware limited liability company , and any Additional PledgeCo .

Quarterly Noteholders’ Report ” has the meaning specified in Section 4.1 (a) (b) of the Base Indenture.

Repurchase Amount ” means, on any date of payment of the Repurchase Amount, in respect of a Contributed Asset (other than the Third-Party Lease Agreement and the related Third-Party Leased Licenses associated with Clark County), an amount equal to (a) the Outstanding Principal Amount of all Series of Class A Notes on such date, plus the Class A Notes Accrued Quarterly Interest Amount (calculated for purposes of this definition as of such the date of payment of the Repurchase Amount) , plus the Class A Make-Whole Prepayment Premium that would be payable on the Class A Notes if they were prepaid on such date plus the LC Obligations as of such date (collectively, the “Principal, Interest and LC Amounts”) plus all other outstanding Obligations, multiplied by (b) the proportionate value of such Contributed Asset to the overall value of the Spectrum Portfolio (measured as of the date such Contributed Asset became a Contributed Asset) as of the Closing Date , expressed as a percentage set forth in a schedule to the applicable Contribution Agreement (which percentage will be recalculated for any repurchases of Contributed Assets prior to such date by excluding the value associated with such prior-repurchased Contributed Assets).

Spectrum-Licensing Subsidiaries ” means each subsidiary of SCI party to the Master Contribution Agreement or any Additional Contribution Agreement holding a portion of the Spectrum Portfolio prior to the transfer of such portion to the applicable Depositor.

Third-Party Lease Consent/Assignments ” means the assignment and/or consent agreements with each of the relevant Third-Party Lease Counterparties under the Third-Party Lease Agreements (other than the Third-Party Lease Agreement associated with Clark County), entered into on or prior to the Closing Date or contributed pursuant to

 

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an Additional Contribution Agreement by each Spectrum-Licensing Subsidiary that is a party to any Third-Party Lease Agreement, pursuant to which such Third-Party Lease Counterparty will agree to, subject to certain conditions and exceptions, (i) the assignment and transfer of all rights and obligations of SCI and its Affiliates under the Third-Party Lease Agreements (the “Leased Spectrum Rights and Obligations”) to the applicable License Holders, (ii) the pledge by each License Holder of its respective Leased Spectrum Rights and Obligations to the Trustee, (iii) the assignment and transfer of the Leased Spectrum Rights and Obligations to any qualified Person that shall have agreed to assume all of the Leased Spectrum Rights and Obligations (subject to applicable FCC and other regulatory requirements) in the event that the Trustee has the right to foreclose on the Collateral pursuant to the Indenture or the other Transaction Documents or otherwise pursuant to the Spectrum Realization Procedures and (iv) the ability of the Back-Up Manager to service and perform the Leased Spectrum Rights and Obligations in the event that a Manager Termination Event has occurred.

Transaction Documents ” means the Notes, this Indenture, the Guarantee and Collateral Agreement, the Contribution Agreements, the Management Agreement, the Back-Up Management Agreement, the Third-Party Lease Agreements, the Third-Party Lease Consent/Assignments, the Spectrum Lease, the SCI Payment and Performance Undertaking Agreement, the Charter Documents of each Securitization Entity , the LC Facility Documentation , any joinder agreement to a Transaction Document and any additional document identified as a “Transaction Document” in the Series Supplement for any Series of Notes Outstanding and any other material agreements entered into, or certificates delivered, pursuant to the foregoing documents.

Weighted Average Life to Maturity ” means, when applied to any indebtedness at any date, the number of years obtained by dividing: (1) the sum of the products obtained by multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect of the indebtedness, by (b) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (2) the then outstanding principal amount of such indebtedness.

(ii) The following definitions shall be deleted in their entirety and replaced in lieu thereof with the following:

Quarterly Calculation Date ” means the date that is two (2) Business Days following the last day of each Quarterly Collection Period. Any reference to a Quarterly Calculation Date relating to a Quarterly Payment Date means the Quarterly Calculation Date occurring in the same calendar month as the Quarterly Payment Date and any reference to a Quarterly Payment Date relating to a Quarterly Collection Period refers the Quarterly Collection Period most recently ended on or prior to the related Quarterly Payment Date.

Spectrum Portfolio ” means the portfolio of (i) Broadband Radio Service spectrum licenses licensed to License Holders and set forth on Exhibit A to the Spectrum Lease, any additional Spectrum designated as a “Directly-Held License” set forth on Exhibit A to the Spectrum Lease, and any licenses received in exchange therefor from time to time, in each case as renewed from time to time (collectively, the “ Directly-Held Licenses ”) and (ii)

 

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rights under third party lease agreements (the “ Third-Party Lease Agreements ”) relating to FCC Educational Broadband Service spectrum licenses leased to License Holders and FCC Broadband Radio Service spectrum licenses leased to License Holders and set forth on Exhibit A of the Spectrum Lease and any other additional Spectrum designated as a “Third-Party Leased License” set forth on Exhibit A to the Spectrum Lease (collectively, the “ Third-Party Leased Licenses ” and, together with the Directly-Held Licenses, the “ Licenses ”), in each case above as such Exhibit A may be updated from time to time in pursuant to the Base Indenture and the Spectrum Lease;

(iii) The following definitions shall be added to Annex A in the appropriate alphabetical order:

Additional Contribution Agreement ” means, in connection with additional contributions of Spectrum after the Closing Date, any contribution agreement by which any such Spectrum is so contributed (i) by a Depositor or an Additional Depositor to a PledgeCo or an Additional PledgeCo (which contribution may be made through an Intermediate HoldCo), as applicable, which contribution agreement shall be substantially similar in substance to the Depositor-PledgeCo Contribution Agreements, (ii) by a PledgeCo or an Additional PledgeCo to an Issuer or an Additional Issuer, as applicable, which contribution agreement shall be substantially similar in substance to the PledgeCo-Issuer Contribution Agreements or (iii) by an Issuer or an Additional Issuer to a License Holder or an Additional License Holder, as applicable, which contribution agreement shall be substantially similar in substance to the Issuer-License Holder Contribution Agreements, each such Additional Contribution Agreement to include an indication as to whether licenses or lease agreements contributed thereby constitute or relate to, as applicable, “Directly-Held Licenses” or “Third-Party Leased Licenses” for purposes hereof.

Additional Depositor ” means any wholly-owned direct or indirect subsidiary of SCI that contributes additional Spectrum as a “depositor” after the Closing Date.

Additional Intermediate HoldCo ” means any wholly-owned direct or indirect subsidiary of Sprint Corporation that is established as an “intermediate holdco” in connection with a contribution of additional Spectrum after the Closing Date.

Additional Issuer ” means any entity that becomes an “issuer” hereunder by way of an Issuer Joinder Agreement after the Closing Date in connection with the contribution of additional Spectrum.

Additional License Holder ” means any entity to which additional Spectrum is contributed as a “license holder” under an Additional Contribution Agreement and that acts as a Lessor under the Spectrum Lease.

Additional PledgeCo ” means any entity to which additional Spectrum is contributed in its capacity as, and that further contributes such additional Spectrum in its capacity as, a “pledgeco,” in each case, after the Closing Date and under an Additional Contribution Agreement.

 

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Additional Silo ” means any related series of entities constituting an Additional PledgeCo, Additional Issuer and Additional License Holder that is formed as part of the same transaction in respect of a contribution of additional Spectrum.

BTA ” has the meaning set forth in Section 8.18 of the Base Indenture.

Directly-Held Licenses ” has the meaning set forth in the definition of “Spectrum Portfolio” in Annex A of the Base Indenture.

GCA Joinder Agreement ” means a joinder agreement substantially in the form of Exhibit K .

IRLC Support Series ” has the meaning set forth in Section 5.1(c) of the Base Indenture.

Issuer Joinder Agreement ” means a joinder agreement substantially in the form of Exhibit J .

Spectrum ” means FCC spectrum licenses and/or rights under lease agreements with third parties in respect of FCC spectrum licenses.

Spectrum Lease ” means the Intra-Company Spectrum Lease Agreement, dated as of October 27, 2016, by and among the License Holders, SCI, the Intermediate Holdcos and the Guarantors (as defined therein), as amended, supplemented or otherwise modified from time.

Swap ” has the meaning set forth in Section 8.18 of the Base Indenture.

Swap Conditions ” has the meaning set forth in Section 8.18 of the Base Indenture.

Third-Party Lease Agreements ” has the meaning set forth in the definition of “Spectrum Portfolio” in Annex A of the Base Indenture.

Third-Party Leased Licenses ” has the meaning set forth in the definition of “Spectrum Portfolio” in Annex A of the Base Indenture.

(iv) The definition of “1.9 Swap Conditions” shall be deleted from Annex A in its entirety.

(ee) “Exhibit J” set forth as Schedule 1 hereto shall be added to the Base Indenture as a new “Exhibit J” thereto.

(ff) “Exhibit K” set forth as Schedule 2 hereto shall be added to the Base Indenture as a new “Exhibit K” thereto.

2. Governing Law .

THIS SUPPLEMENTAL INDENTURE SHALL BE CONSTRUED IN ACCORDANCE WITH, AND GOVERNED BY, THE LAWS OF THE STATE OF NEW YORK.

 

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3. Execution in Counterparts .

This Supplemental Indenture shall constitute an “Indenture Document” for all purposes of the Base Indenture and Transaction Documents. This Supplemental Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. Delivery of an executed counterpart of this Supplemental Indenture by electronic means (including email or telecopy) will be effective as delivery of a manually executed counterpart of this Supplemental Indenture.

4. No Other Changes .

Except as provided herein, the Base Indenture shall remain unchanged and in full force and effect, and each reference to the Base Indenture and words of similar import in the Base Indenture, as amended hereby, shall be a reference to the Base Indenture as amended hereby and as the same may be further amended, supplemented and otherwise modified and in effect from time to time. This Supplemental Indenture may be used to create a conformed amended and restated Base Indenture for the convenience of administration by the parties hereto.

5. Execution, Delivery and Validity .

Each of the Issuers represents and warrants to the Trustee that this Supplemental Indenture has been duly and validly executed and delivered by it and constitutes its valid and binding obligation, enforceable against it in accordance with its terms.

6. Limited Recourse .

The obligations of the Issuers hereunder are limited recourse obligations of the Issuers payable solely from the Collateral in accordance with the Priority of Payments.

7. Non-Petition .

Each party hereto hereby covenants and agrees that, at any time prior to the date which is (a) one (1) year, or (b) if longer, the applicable preference period in effect, and in case of (a) or (b) plus one (1) day following the payment in full of the latest maturing Note, it will not institute against, or join with any other Person in instituting against, any Securitization Entity any involuntary bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings, under any federal or state bankruptcy or similar law; provided that nothing in this Section 7 shall constitute a waiver of any right to indemnification, reimbursement or other payment from the Securitization Entities pursuant to the Indenture or any other Transaction Document.

8. Binding Effect .

This Supplemental Indenture shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

[Signature pages follow]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed and delivered by their respective proper and duly authorized officers as of the day and year first above written.

 

SPRINT SPECTRUM CO LLC
By:       /s/ Janet M. Duncan
  Name: Janet M. Duncan
  Title: Vice President and Treasurer

 

SPRINT SPECTRUM CO II LLC
By:       /s/ Janet M. Duncan
  Name: Janet M. Duncan
  Title: Vice President and Treasurer

 

SPRINT SPECTRUM CO III LLC
By:       /s/ Janet M. Duncan
  Name: Janet M. Duncan
  Title: Vice President and Treasurer

[Signature Page to Supplemental Indenture]


DEUTSCHE BANK TRUST COMPANY AMERICAS, not in its individual capacity but solely as Trustee
By:       /s/ Louis Bodi
  Name: Louis Bodi
  Title: Vice President

 

By:       /s/ Diana Vasconez
  Name: Diana Vasconez
  Title: Assistant Vice President

[Signature Page to Supplemental Indenture]


CONSENT OF CONTROL PARTY AND BACK-UP MANAGER:

Midland Loan Services, a division of PNC Bank, National Association, as Control Party and as Back-Up Manager, hereby consents to the execution and delivery by the Securitization Entities, the Manager and the Trustee of the foregoing Amendment.

MIDLAND LOAN SERVICES,

A DIVISION OF PNC BANK, NATIONAL ASSOCIATION,

 

By:   /s/ Gregory L. McFarland
Name:  Gregory L. McFarland
Title:  Senior Vice President, Servicing Officer


SCHEDULE 1

EXHIBIT J

FORM OF ISSUER JOINDER AGREEMENT

This Joinder Agreement (this “ Joinder Agreement ”), dated as of [______ __], by and among Sprint Spectrum Co LLC, a Delaware limited liability company (the “ Master Issuer ”), Sprint Spectrum Co II LLC, a Delaware limited liability company (“ Co-Issuer II ”), Sprint Spectrum Co III LLC, a Delaware limited liability company (“ Co-Issuer III ” and, together with Co-Issuer II and the Master Issuer, the “ Existing Issuers ”), Deutsche Bank Trust Company Americas, not in its individual capacity but solely as trustee and as securities intermediary (the “ Trustee ”), and [Insert Name of Additional Issuer] (the “ Additional Issuer ”).

WHEREAS, the Existing Issuers and the Trustee are parties to that certain Base Indenture, dated as of October 27, 2016 (as amended, restated, supplemented or otherwise modified from time to time, exclusive of any Series Supplements, the “ Base Indenture ” and, together with all Series Supplements, the “ Indenture ”). Capitalized terms used herein and not otherwise defined shall have the meaning given them in the Base Indenture Definitions List attached to the Base Indenture as Annex A thereto; and

WHEREAS, pursuant to the terms of the Indenture, the Additional Issuer desires to become a party to the Indenture (including all Series Supplements and Notes issued thereunder).

NOW THEREFORE, the Additional Issuer, together with the Existing Issuers hereby agree, jointly and severally with the Trustee as follows:

A. The Additional Issuer hereby acknowledges, agrees and confirms that, as of the date hereof and as if it had executed the Indenture, it shall be and shall have all of the obligations of an Existing Issuer set forth in the Indenture (including all Series Supplements and Notes issued thereunder) and shall be a party of identical capacity and obligations as an Issuer of the Indenture. As of the date hereof, the Additional Issuer hereby ratifies and agrees to be bound by all of the terms, provisions and conditions contained in the Indenture, including, without limitation (a) all of the representations and warranties of the Issuers set forth in Article VII of the Indenture, as supplemented from time to time in accordance with the terms thereof, and (b) all of the covenants set forth in Article VIII of the Indenture.

B. Without limiting the generality of the foregoing provision, to secure the Obligations, the Additional Issuer hereby pledges and grants to the Trustee, for the benefit of the Secured Parties, a first priority security interest in all right title and interest of the Additional Issuer in, to and under all existing and after-acquired assets of the Additional Issuer, including all Indenture Collateral, pursuant to the terms and provisions as set forth in Article III of the Indenture.

C. The Existing Issuers confirm that all of their obligations under the Indenture and the other Transaction Documents to which the Existing Issuers are a party are, and upon the Additional Issuer becoming an “Issuer” thereunder or otherwise party thereto pursuant to the terms hereof and of the other joinder agreements executed in connection herewith, shall continue to be, in full force and effect.

 

EXHIBIT-J


D. The Existing Issuers and the Additional Issuer further confirm that, as of the date hereof, the term “Obligations”, as used in the Indenture, shall include all Obligations of the Additional Issuer under the Indenture and each applicable Transaction Document.

E. The Existing Issuers and the Additional Issuer agree that at any time and from time to time, upon the written request of the Trustee, they will execute and deliver such further documents and do such further acts and things as the Trustee or the Back-Up Manager may reasonably request in order to effect the purposes of this Joinder Agreement.

F. This Joinder Agreement shall constitute an “Indenture Document” for all purposes of the Indenture and other Transaction Documents. This Joinder Agreement may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. Delivery of an executed counterpart of this Joinder Agreement by electronic means (including email or telecopy) will be effective as delivery of a manually executed counterpart of this Joinder Agreement.

G. THIS JOINDER AGREEMENT SHALL BE CONSTRUCTED IN ACCORDANCE WITH, AND GOVERNED BY, THE LAWS OF THE STATE OF NEW YORK.

[ Signature page to follow ]

 

EXHIBIT-J


IN WITNESS WHEREOF, the party hereto has caused this Joinder Agreement to be executed by its respective officers thereunto duly authorized as of the date first above written.

 

[_______], as Additional Issuer
By    
  Name:
  Title:

 

EXHIBIT-J


ACKNOWLEDGED AS OF THE DAY AND YEAR FIRST WRITTEN ABOVE:

Sprint Spectrum Co LLC

 

By    
  Name:
  Title:

Sprint Spectrum Co II LLC

 

By    
  Name:
  Title:

Sprint Spectrum Co III LLC

 

By    
  Name:
  Title:

DEUTSCHE BANK TRUST COMPANY AMERICAS,

not in its individual capacity but solely as Trustee and

as Securities Intermediary

 

By    
  Name:
  Title:

 

By    
  Name:
  Title:

 

EXHIBIT-J


SCHEDULE 2

EXHIBIT K

FORM OF GCA JOINDER AGREEMENT

This Joinder Agreement (this “ Joinder Agreement ”), dated as of [______ __], by and among Sprint Spectrum PledgeCo LLC, a Delaware limited liability company (“ PledgeCo I ”), Sprint Spectrum PledgeCo II LLC, a Delaware limited liability company (“ PledgeCo II ”), Sprint Spectrum PledgeCo III LLC, a Delaware limited liability company (“ PledgeCo III ” and, together with PledgeCo I and PledgeCo II, the “ PledgeCos ”), Sprint Spectrum License Holder LLC, a Delaware limited liability company (“ License Holder I ”), Sprint Spectrum License Holder II LLC, a Delaware limited liability company (“ License Holder II ”), Sprint Spectrum License Holder III LLC, a Delaware limited liability company (“ License Holder III ” and, together with License Holder I and License Holder II, the “ License Holders ”, and the License Holders together with the PledgeCos, the “ Existing Guarantors ” and each, an “ Existing Guarantor ”), Deutsche Bank Trust Company Americas, not in its individual capacity but solely as trustee and as securities intermediary (the “Trustee”), [Insert Name of Additional PledgeCo] (“ Additional PledgeCo ”) and [Insert Name of Additional License Holder] (“ Additional License Holder ” and, together with Additional PledgeCo, the “ Additional Guarantors ”).

WHEREAS, the Existing Guarantors and the Trustee are parties to that certain Guarantee and Collateral Agreement, dated as of October 27, 2016 (as amended, restated, supplemented or otherwise modified from time to time, the “ Guarantee and Collateral Agreement ”). Capitalized terms used herein and not otherwise defined shall have the meaning given them in the Guarantee and Collateral Agreement; and

WHEREAS, pursuant to the terms of the Guarantee and Collateral Agreement, the Additional Guarantors desire to become a party to the Guarantee and Collateral Agreement.

NOW THEREFORE, the Additional Guarantors, together with the Existing Guarantors hereby agree, jointly and severally with the Trustee as follows:

A. Each Additional Guarantor hereby acknowledges, agrees and confirms that, as of the date hereof and as if it had executed the Guarantee and Collateral Agreement, it shall be and shall have all of the obligations of an Existing Guarantor set forth in the Guarantee and Collateral Agreement and shall be a party of identical capacity and obligations as a Guarantor under the Guarantee and Collateral Agreement. As of the date hereof, each Additional Guarantor hereby ratifies and agrees to be bound by all of the terms, provisions and conditions contained in the Guarantee and Collateral Agreement, including, without limitation (a) all of the representations and warranties of the Guarantors set forth in Section 4 of the Guarantor and Collateral Agreement, as supplemented from time to time in accordance with the terms thereof, and (b) all of the covenants set forth in Section 5 of the Guarantee and Collateral Agreement.

B. Without limiting the generality of the foregoing provision, to secure the Obligations and the obligations of the Guarantors under the Guarantee and Collateral Agreement, each Additional Guarantor hereby pledges and grants to the Trustee, for the benefit of the Secured Parties, a security interest in all of such Additional Guarantor’s right, title and interest in, to and under all property of such Additional Guarantor constituting “Collateral,” in each case, whether now owned by such Additional Guarantor or hereafter acquired and whether now existing or hereafter coming into existence, pursuant to the terms and provisions as set forth in Section 3 of the Guarantee and Collateral Agreement.

 

EXHIBIT-K


C. The Existing Guarantors confirm that all of their obligations under the Guarantee and Collateral Agreement and the other Transaction Documents to which the Existing Guarantors are a party are, and upon the Additional Guarantors becoming a “Guarantor” thereunder or otherwise party thereto pursuant to the terms hereof and of the other joinder agreements executed in connection herewith, shall continue to be, in full force and effect.

D. The Additional Guarantors and the Existing Guarantors further confirm that, as of the date hereof, the term “Obligations”, as used in the Guarantee and Collateral Agreement, shall include all Obligations of each Additional Issuer under the Indenture and each applicable Transaction Document.

E. The Existing Guarantors and the Additional Guarantors agree that at any time and from time to time, upon the written request of the Trustee, they will execute and deliver such further documents and do such further acts and things as the Trustee or the Back-Up Manager may reasonably request in order to effect the purposes of this Joinder Agreement.

F. This Joinder Agreement shall constitute an “Indenture Document” for all purposes of the Indenture and other Transaction Documents. This Joinder Agreement may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. Delivery of an executed counterpart of this Joinder Agreement by electronic means (including email or telecopy) will be effective as delivery of a manually executed counterpart of this Joinder Agreement.

G. THIS JOINDER AGREEMENT SHALL BE CONSTRUCTED IN ACCORDANCE WITH, AND GOVERNED BY, THE LAWS OF THE STATE OF NEW YORK.

[ Signature page to follow ]

 

EXHIBIT-K


IN WITNESS WHEREOF, the party hereto has caused this Joinder Agreement to be executed by its respective officers thereunto duly authorized as of the date first above written.

 

[_______], as Additional PledgCo
By    
  Name:
  Title:

 

[_______], as Additional License Holder
By    
  Name:
  Title:

 

EXHIBIT-K


ACKNOWLEDGED AS OF THE DAY AND YEAR FIRST WRITTEN ABOVE:

 

SPRINT SPECTRUM PLEDGECO LLC
By:        
  Name:
  Title:

 

SPRINT SPECTRUM PLEDGECO II LLC
By:        
  Name:
  Title:

 

SPRINT SPECTRUM PLEDGECO III LLC
By:        
  Name:
  Title:

 

SPRINT SPECTRUM LICENSE HOLDER LLC
By:        
  Name:
  Title:

 

SPRINT SPECTRUM LICENSE HOLDER II LLC
By:        
  Name:
  Title:

 

SPRINT SPECTRUM LICENSE HOLDER III LLC
By:        
  Name:
  Title:

 

EXHIBIT-K


Deutsche Bank Trust Company Americas,

Not in its individual capacity but solely as Trustee and

as Securities Intermediary

 

By    
  Name:
  Title:

 

By    
  Name:
  Title:

 

EXHIBIT-K

Exhibit 10.1

EXECUTION VERSION

FIRST AMENDMENT TO INTRA-COMPANY SPECTRUM LEASE AGREEMENT

FIRST AMENDMENT TO INTRA-COMPANY SPECTRUM LEASE AGREEMENT, dated as of March 12, 2018 (this “ Amendment Agreement ”), to the Intra-Company Spectrum Lease Agreement, dated as of October 27, 2016 (the “ Lease Agreement ”), by and among Sprint Spectrum License Holder LLC (“ License Holder I ”), Sprint Spectrum License Holder II LLC (“ License Holder II ”), Sprint Spectrum License Holder III LLC (“ License Holder III ” and, together with License Holder I and License Holder II, “ Lessors ” and each, a “ Lessor ”), Sprint Communications, Inc. (“ Lessee ”), Sprint Intermediate HoldCo LLC (“ Intermediate HoldCo I ”), Sprint Intermediate HoldCo II LLC (“ Intermediate HoldCo II ”) and Sprint Intermediate HoldCo III LLC (“ Intermediate HoldCo III ” and, together with Intermediate HoldCo I and Intermediate HoldCo II, “ Intermediate HoldCos ” and each, an “ Intermediate HoldCo ”), Sprint Corporation, a Delaware corporation, and the entities named on the signature pages thereto as Subsidiary Guarantors and from time to time becoming a guarantor in accordance with the Lease Agreement (the “ Subsidiary Guarantors ” and, together with Sprint Corporation, the “ Guarantors ” and, collectively with Lessee, the “ Obligors ”). Capitalized terms used herein and not otherwise defined shall have the meaning given them in the Lease Agreement.

WHEREAS, pursuant to Section 15(c) of the Lease Agreement the parties hereto (being all the parties to the Lease Agreement on the date hereof) desire to amend the Lease Agreement to reflect the future addition of Spectrum (as defined herein), the joining of Additional Parties (as defined herein) to the Lease Agreement in connection therewith, and related increases in Lease Payments.

NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties hereto agree to the following:

1. Amendment to the Introductory Paragraph . The introductory paragraph to the Lease Agreement shall be amended by inserting the bold, double underlined text and deleting the stricken text as follows:

This Intra-Company Spectrum Lease Agreement (as amended, supplemented or otherwise modified from time to time, this “ Lease Agreement ”) is entered into as of October 27, 2016, by and among Sprint Spectrum License Holder LLC (“ License Holder I ”), Sprint Spectrum License Holder II LLC (“ License Holder II ”), Sprint Spectrum License Holder III LLC (“ License Holder III” ), each Additional Lessor from time to time party hereto ( and, together with License Holder I and , License Holder II and License Holder III , “ Lessors ” and each, a “ Lessor ”), Sprint Communications, Inc. (“ Lessee ”), Sprint Intermediate HoldCo LLC (“ Intermediate HoldCo I ”), Sprint Intermediate HoldCo II LLC (“ Intermediate HoldCo II ”) , and Sprint Intermediate HoldCo III LLC (“ Intermediate HoldCo III ), each Additional Intermediate Holdco from time to time party hereto ( and, together with Intermediate HoldCo I and , Intermediate HoldCo II , and Intermediate HoldCo III, Intermediate HoldCos ” and each, an “ Intermediate HoldCo ”), Sprint Corporation, a Delaware corporation, and the entities named on the signature pages hereto as Subsidiary Guarantors and from time to time becoming a guarantor in accordance with this Lease Agreement (the “ Subsidiary Guarantors ” and, together with Sprint Corporation, the “ Guarantors ” and, collectively with Lessee, the “ Obligors ”). Lessors, Lessee, Intermediate HoldCos and the Guarantors are referred to collectively as the “ Parties ” and individually as a “ Party ”.


2. Amendments to Recitals . The first paragraph of the recitals of the Lease Agreement is hereby deleted in its entirety and replaced with the following:

WHEREAS, each Lessor directly holds spectrum licenses issued by the Federal Communications Commission (the “FCC”) and one or more Lessors also lease spectrum from third-party lessors holding licenses issued by the FCC (such directly held FCC spectrum licenses and rights under lease agreements in respect of FCC spectrum licenses held by third-party lessors, “Spectrum”), in each case as identified with respect to each Lessor on Exhibit A (as updated from time to time to reflect additional Spectrum and Additional Lessors, the “Spectrum Portfolio”), which Spectrum Portfolio shall include (i) the Broadband Radio Service spectrum licenses licensed to Lessors and set forth on Exhibit A hereto, any additional Spectrum designated as “Directly-Held Licenses” on Exhibit A hereto, and any licenses received in exchange therefor from time to time, in each case as renewed from time to time (all such licenses described in this clause (i), the “Directly-Held Licenses”) and (ii) rights under third party lease agreements (the “Third-Party Lease Agreements”) relating to the FCC Educational Broadband Service spectrum licenses leased to Lessors and FCC Broadband Radio Service spectrum licenses leased to Lessors and set forth on Exhibit A hereto and any other additional Spectrum designated as a “Third-Party Leased License” on Exhibit A hereto (collectively, the “Third-Party Leased Licenses” and, together with the Directly-Held Licenses, the “Licenses”), in each case above in clause (i) and (ii) as Exhibit A may be updated from time to time in pursuant to this Lease Agreement;

3. Amendment to Section  1(b) of the Lease Agreement . The proviso to clause (xvi) of Section 1(b) shall be amended by inserting the bold, double underlined text and deleting the stricken text as follows:

provided that (i) in each case, the obligations of Lessee and the other Obligors shall remain unchanged and the applicable sublease agreement shall provide that (unless otherwise expressly consented to by Lessors) the applicable sublessee shall have no rights or remedies against Lessors and (ii) in the case of subleases to third parties unaffiliated with Lessee (1) the applicable sublease agreement shall (among other things, including customary nondisturbance provisions) (x) provide that the relevant third party shall comply in all material respects with all applicable laws and (y) not contain any restrictions on the sale, assignment or transfer of the related Spectrum Usage Rights by Lessors, (2) after giving effect to each such sublease, the aggregate amount of unique pops subleased to unaffiliated third parties shall not exceed 10% of the aggregate amount of unique MHz-pops covered by the Spectrum Portfolio (measured as of the date such Licenses are initially leased hereunder) as of the date hereof , (3) the portion of the spectrum so subleased shall not include any spectrum then currently being leased by Lessee or any of its Affiliates from an unaffiliated third party in the New York, Los Angeles, Las Vegas or San Francisco market, (4) such subleases shall only relate to the Directly-Held Licenses, (5) such subleases shall be determined and consummated in the ordinary course of business of Lessee and (6) such subleases shall be approved by the FCC, to the extent applicable, and otherwise consummated in compliance with the applicable Communications Laws.

4. Amendment to Section  1(c) of the Lease Agreement . Section 1(c) shall be amended by inserting the bold, double underlined text and deleting the stricken text as follows:

(c) Third-Party Lease Agreements . Lessee’s utilization of the spectrum encompassed by the Third- Party Leased Licenses shall at all times comply in all material respects with the Third-Party Lease Agreements and the Communications Laws. Lessee agrees to cooperate with and aid each applicable Lessor License Holder I in performing such Lessor’s License Holder I ’s obligations under the relevant Third-Party Lease Agreements and with respect to any and all actions that may be necessary or desirable for such Lessor License Holder I to take under the relevant Third-Party Lease Agreements. Lessee acknowledges that the lessors under the

 

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Third-Party Lease Agreements (the “ Third-Party Lease Counterparties” ) may have rights to review, supervise and control the use of the Third-Party Leased Licenses, and agrees to take such actions as are necessary or desirable to allow the Third-Party Lease Counterparties to exercise such rights.

5. Amendment to Section  3 of the Lease Agreement . Section 3(b)(i) shall be amended by inserting the bold, double underlined text and deleting the stricken text as follows:

(i) maintain the Directly-Held Licenses and Third-Party Lease Agreements in full force and effect (other than in connection with (x) the circumstance in which a BRS 2.5 GHz Directly-Held License issued for a Protected Service Area is terminated in the ordinary course or is otherwise no longer in full force and effect and, at the time of such termination or ceasing to be in full force and effect, there exists a corresponding BTA Directly-Held License that is in full force and effect and that provides the applicable Lessor with at least as much ability to serve the affected geographic Protected Service Area (considering the bandwidth available, the radio frequencies involved, and the power levels authorized) as Lessors had immediately prior to such termination or cessation (an “ Existing Coverage Consolidation ”) or (y) permitted exchanges with a third party in respect of one or more of the 1.9 GHz FCC licenses held by such third party and one or more 1.9 GHz Directly-Held Licenses held by Lessors (a “ 1.9 Swap”), timely pay (or, in the case of the Third-Party Leased Licenses, use their commercially reasonable efforts to cause to be paid) all FCC fees associated with the Licenses, timely pay all obligations under the Third-Party Lease Agreements, file (or, in the case of the Third-Party Leased Licenses, use their commercially reasonable efforts to assist the filing of) each application for renewal of any License with the FCC sufficiently in advance to ensure that the Licenses remain in full force and effect (other than in connection with any Existing Coverage Consolidation) at all times, comply with all terms and conditions of the Directly-Held Licenses and the Third-Party Lease Agreements binding on Lessors and exercise and enforce their rights and perform their obligations under the Third-Party Lease Agreements in accordance with standards at least equal to the performance and quality control standards followed by Lessee and its subsidiaries on the date hereof in connection with the Third-Party Lease Agreements, in a commercially reasonable manner, and, to the extent of changed circumstances, practices and technologies, in accordance with standards at least equal to the performance and quality control standards that Lessee and its subsidiaries follow in connection with any other third-party lease agreements in respect of FCC spectrum licenses not comprising the Third-Party Leased Licenses;

6. Amendment to Section  8 of the Lease Agreement . Section 8(a) shall be amended by inserting the bold, double underlined text and deleting the stricken text as follows:

(a) Lease Agreement Payment . Not later than on the 10th day of each month or, if such day is not a business day, the immediately preceding business day (each, a “ Spectrum Lease Payment Date ”) through and including the Spectrum Lease Payment Date that occurs in the month in which the thirtieth anniversary of the date hereof occurs (the “ Final Spectrum Lease Payment Date ”), the Lessee shall make a lease payment in an aggregate amount that is market-based relative to the respective Spectrum Usage Rights as of the date hereof such Spectrum Usage Rights were initially leased hereunder, and equal to $165,000,000 the Aggregate Lease Payment Amount set forth on and defined in Exhibit D hereto , provided that solely in the event of a termination pursuant to Section 12(a) (after giving effect to the cure period therein), such monthly amount shall on each Spectrum Lease Payment Date after the occurrence of such termination be multiplied by a fraction (x)  (i) the numerator of which is an amount equal to the aggregate MHz-pops of the Licenses (measured as of the date such Licenses are initially leased

 

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hereunder) on the date hereof minus (ii)  the aggregate MHz-pops associated with the Affected Licenses (measured as of the date such Licenses are initially leased hereunder) as of the date hereof and (y) the denominator of which is the aggregate MHz-pops of the Licenses (measured as of the date such Licenses are initially leased hereunder) on the date hereof . This Section 8(a) shall survive termination of this Lease Agreement. Such monthly lease payment Aggregate Lease Payment Amount represents an aggregate of the individual monthly lease payments to be made in respect of the Spectrum Usage Rights leased, respectively, by the three Lessors, which individual monthly lease payments and the respective percentages of the aggregate monthly lease payment with respect to each Lessor are as follows: (the “Individual Lease Payment Amounts”). The Aggregate Lease Payment Amount, as well as the Individual Lease Payment Amounts, shall be set forth on Exhibit D hereto (the “Lease Payment Schedule”). At the time of the addition of Spectrum, the Lease Payment Schedule shall be amended to increase the Aggregate Lease Payment Amount and, if applicable, one or more Individual Lease Payment Amounts and to reflect the joinder of any Additional Lessors, in each case, as of the effective date of such amendment set forth as the “Measurement Date” in such amended Lease Payment Schedule.

 

Lessor    Individual Monthly
Lease Payment
     Percentage of
Aggregate Lease
Payment
 

License Holder I

   $ 144,598,743        87.63560

License Holder II

   $ 3,086,213        1.87043

License Holder III

   $ 17,315,044        10.49397

7. Amendment to Section  13, Remedies . Section 13(a) of the Lease Agreement shall be amended by inserting the bold, double underlined text and deleting the stricken text as follows:

For illustrative purposes, the results of the PV calculation in the foregoing clause (X)(ii) are set forth on the Lease Payment Schedule hereto (the “PV Calculations”). At the time of the addition of Spectrum, the Lease Payment Schedule shall be amended as of the Measurement Date to increase the PV Calculations to reflect the related increase in the Aggregate Lease Payment Amount. assuming the Termination Payment Date occurs on the following days, in each case measured from the date of termination of this Lease Agreement, are:

•        PV if Termination Payment Date occurs at day 360 (year 1): $18,670,922,557.55

•        PV if Termination Payment Date occurs at day 1,080 (year 3): $18,424,414,060.81

•        PV if Termination Payment Date occurs at day 3,600 (year 10): $17,053,649,524.53

•        PV if Termination Payment Date occurs at day 9,000 (year 25): $7,716,635,331,40

8. Amendment to Section  14(j)(B) . Section 14(j)(B) of the Lease Agreement shall be amended by inserting the bold, double underlined text and deleting the stricken text as follows:

(B) If Lessee o r any Guarantor under this Lease Agreement grants any Liens to secure the obligations under any Existing Credit Agreement or any Replacement Credit Agreement, such Person shall, within 10 days of such grant execute and deliver such documents as are necessary and are reasonably requested by Lessors or the trustee or “control party” such that the obligations under this Lease Agreement shall be equally and ratably secured to the same extent by the same collateral securing such Existing Credit Agreement or such Replacement Credit Agreement, as

 

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the case may be, provided that the aggregate amount of the obligations under this Lease Agreement and any payment and performance undertaking entered into by Lessee in connection herewith that are to be secured by such collateral shall be limited, automatically and without further action by any Person, to an aggregate amount not to exceed at any time $3,500,000,000 ; provided further that the obligations under this Lease Agreement and any payment and performance undertaking entered into by Lessee in connection herewith that are to be secured by such collateral may be increased by any amount effectively designated by Lessee as “First Priority Additional Sale/Leaseback Obligations” under the Collateral Trust And Intercreditor Agreement, dated as of February  3, 2017 (as amended, supplemented or otherwise modified from time to time), among Sprint Corporation, Lessee, the grantors party thereto, JPMorgan Chase Bank, N.A., as first priority agent, each other representative of the various secured parties described therein and Deutsche Bank Trust Company Americas, as the collateral trustee . Subject to compliance with the foregoing sentence, if any collateral securing the obligations under the Existing Credit Agreements or any Replacement Credit Agreement is released or the Lien thereon is otherwise terminated, but unless such Lien is securing any other Existing Credit Agreement or Replacement Credit Agreement, such Lien securing this Lease Agreement shall automatically be released to the same extent, and Lessors and the trustee shall be authorized to and shall promptly execute and deliver any documents requested by Lessee or the relevant Guarantor to evidence such termination , provided that no such release shall be effective unless the trustee and “control party” under any Lessor Financing shall have received notice thereof from Lessee at least 30 days prior to the effectiveness of such release . The Lessee shall provide written notice of any such release to the trustee and “control party” under any Lessor Financing within two Business Days of the effectiveness of such release.

9. Amendment to Section  15(s) . Section 15(s) of the Lease Agreement shall be amended by inserting the bold, double underlined text and deleting the stricken text as follows:

(s) Manager . Sprint Spectrum, L.P. (or an Affiliate thereof) (the “ Initial Manager ” and, together with its permitted successors and assigns and any sub-managers in such capacity, the “ Manager ”) will act as the manager of Sprint Spectrum PledgeCo LLC, Sprint Spectrum PledgeCo II LLC and , Sprint Spectrum PledgeCo III LLC and each additional party that becomes a PledgeCo under the Management Agreement (as defined below) following the date hereof (“ PledgeCos ”), the direct parent company, respectively, of Sprint Spectrum Co LLC, Sprint Spectrum Co II LLC and , Sprint Spectrum Co III LLC and each additional party that becomes an Issuer under the Management Agreement (as defined below) following the date hereof (the “ Issuers ” and, together with PledgeCos and Lessors, the “ Securitization Entities ”), the Issuers and Lessors, and in such capacity will perform certain administrative and managerial functions (including maintaining the Directly-Held Licenses, the Third-Party Lease Agreements and, to the extent applicable, the Third-Party Leased Licenses in full force and effect) pursuant to a management agreement dated on or about the date hereof (as amended, supplemented or otherwise modified from time to time, the “ Management Agreement ”). Pursuant to and in accordance with the Management Agreement, the Manager agrees to perform administrative and managerial functions on behalf of the Securitization Entities necessary to permit the Securitization Entities to perform their obligations and exercise their rights under this Lease Agreement, the Licenses and the Third-Party Lease Agreements in accordance with the terms of this Lease Agreement, and the Obligors hereby acknowledge and consent to the Manager’s appointment and the Manager’s exercise of any right or performance of any obligation of Lessors or any other Securitization Entity under this Lease Agreement, as well as any Secured Party (or designee thereof) acting as “back-up manager” to exercise any such right or perform any such obligation pursuant to any Lessor Financing.

 

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10. Amendment to Section  15 . A new Section 15(x) shall be added to the Lease Agreement as follows:

(x) Additional Entities . Any entity that desires to join this Lease Agreement as a “Lessor” (each, an “ Additional Lessor ”) or an “Intermediate Holdco” (each, an “ Additional Intermediate HoldCo ” and, together with any Additional Lessor, each an “ Additional Party ”) shall execute a joinder to this Lease Agreement in the form set forth as Exhibit E hereto. Promptly upon the execution of any Joinder, the Lease Payment Schedule (including the PV Calculations therein, if applicable) shall be amended accordingly, as provided in Section 8 and Section 13 hereof.

11. Amendment to Section  15(y) . Section 15(y) of the Lease Agreement shall be amended by inserting the bold, double underlined text and deleting the stricken text as follows:

(y) Call Signs and License Information . Lessee and Lessors hereby agree that they will work in good faith to update Exhibit A attached hereto solely in order to accurately reflect any changes in the call sign and other license information arising from customary FCC process and administrative requirements after the date hereof and, in connection with any additional Spectrum leased hereunder or any Additional Lessor joined hereto, to reflect, as applicable, such additional Spectrum and Additional Lessor , which updates (i) shall not require the consent of any other Person and (ii) shall be notified to the trustee, and any “control party”, in respect of any Lessor Financing, pursuant to a certificate of an authorized Person of the Manager containing applicable information in respect thereof from the FCC (if any).

12. Amendment to Section  15 . A new Section 15(z) shall be added to the Lease Agreement as follows:

(z) Future Exhibit Amendments . Midland Loan Services, a division of PNC Bank National Association, as Control Party (as defined in the base indenture, dated as of October 27, 2016, by and among the Issuers and Deutsche Bank Trust Company Americas, as trustee and securities intermediary, as such agreement may be amended, supplemented or otherwise modified from time to time) consents to future amendments to Exhibit A and Exhibit D attached hereto pursuant to Sections 8, 13 and 15 of this Lease Agreement and Section 2.2(b)(ix) of the base indenture referenced in this Section 15(z).

12. Additional Exhibits . Exhibit A to the Lease Agreement shall be updated as set forth in Schedule I hereto. Schedule II hereto shall be added as a new “Exhibit D” to the Lease Agreement. Schedule III hereto shall be added as a new “Exhibit E” to the Lease Agreement.

13. No Further Amendment . Except as expressly modified by this Amendment Agreement, the Lease Agreement shall remain unmodified and in full force and effect. The parties hereto hereby ratify their respective obligations under the Lease Agreement. This Amendment Agreement may be used to create a conformed amended and restated Lease Agreement for the convenience of administration by the parties hereto.

14. Counterparts . This Amendment Agreement may be executed in any number of counterparts, each of which will be an original, with the same effect as if the signatures on each counterpart were upon the same instrument.

 

6


15. Conflict . To the extent there is a conflict between the terms and provisions of this Amendment Agreement and the Lease Agreement, the terms and provisions of this Amendment Agreement will govern.

16. No Recourse . Each Obligor shall not exercise any legal remedies against the Securitization Entities with respect to this Amendment Agreement, including for breach of covenants, representations, warranties, agreements, undertakings and any other obligations under this Amendment Agreement, until October 28, 2046. Notwithstanding anything to the contrary in this Amendment Agreement, this Section 15 (i) does not apply to claims or suits against third parties (“ Applicable Third-Parties ”) acting for or on behalf of Lessors and including, in any event, third-party beneficiaries hereof exercising the rights of Lessors, and does not prohibit any Obligor from bringing any counterclaim, exercising any rights or taking any other action in connection with a claim made or action brought by or on behalf of Lessors (or by any Applicable Third-Party) against it or from exercising equitable remedies against Lessors and (ii) shall restrict the Obligors from taking action only against the Securitization Entities. This Section 15 shall survive termination of the Lease Agreement.

17. No Petition . Each Obligor agrees that, prior to the date that is one year (or, if longer, the applicable preference period then in effect) and one day after the payment in full of all outstanding obligations to pay interest, principal and any other amounts due at maturity or earlier redemption in full in respect of any Lessor Financing, it shall not initiate against, or join any Person in initiating against, the Securitization Entities, in connection with this Lease Agreement, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings under any applicable federal or state bankruptcy or similar law (collectively, an “ Insolvency Proceeding ”). Notwithstanding anything to the contrary in this Amendment Agreement, this Section 16 (i) does not prohibit or limit the Obligors from proving any claim, exercising any rights or taking any other action in connection with any Insolvency Proceeding initiated by or against the Securitization Entities not in breach of this Section 16 and (ii) shall restrict the Obligors from taking action only against the Securitization Entities. This Section 16 shall survive the termination of the Lease Agreement.

18. Transaction Document . This Amendment Agreement shall constitute a “Transaction Document” (or term of like import) for all purposes under any Lessor Financing.

[ Signatures set forth on the following page ]

 

7


IN WITNESS WHEREOF , the Parties have caused this Amendment Agreement to be executed by their duly authorized officers as of the date first written above.

 

SPRINT SPECTRUM LICENSE HOLDER LLC
By:   /s/ Janet M. Duncan
  Name:  Janet M. Duncan
  Title:    Vice President and Treasurer

 

 

Sprint Spectrum Co LLC – First Amendment to Spectrum Lease


 

SPRINT SPECTRUM LICENSE HOLDER II LLC
By:   /s/ Janet M. Duncan
  Name:  Janet M. Duncan
  Title:    Vice President and Treasurer

 

 

Sprint Spectrum Co LLC – First Amendment to Spectrum Lease


 

SPRINT SPECTRUM LICENSE HOLDER III LLC
By:   /s/ Janet M. Duncan
  Name:  Janet M. Duncan
  Title:    Vice President and Treasurer

 

 

Sprint Spectrum Co LLC – First Amendment to Spectrum Lease


SPRINT COMMUNICATIONS, INC.
By:   /s/ Janet M. Duncan
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

 

Sprint Spectrum Co LLC – First Amendment to Spectrum Lease


SPRINT INTERMEDIATE HOLDCO LLC
By:   /s/ Janet M. Duncan
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – First Amendment to Spectrum Lease


SPRINT INTERMEDIATE HOLDCO II LLC
By:   /s/ Janet M. Duncan
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – First Amendment to Spectrum Lease


SPRINT INTERMEDIATE HOLDCO III LLC
By:   /s/ Janet M. Duncan
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – First Amendment to Spectrum Lease


GUARANTORS:
SPRINT CORPORATION
By:   /s/ Janet M. Duncan
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer
EACH OF THE GUARANTORS LISTED ON ANNEX I ATTACHED HERETO
By:   /s/ Janet M. Duncan
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – First Amendment to Spectrum Lease


CONSENT OF CONTROL PARTY AND BACK-UP MANAGER:

Midland Loan Services, a division of PNC Bank, National Association, as Control Party and as Back-Up Manager, hereby consents to the execution and delivery by the Securitization Entities, the Manager and the Trustee of the foregoing Amendment.

MIDLAND LOAN SERVICES,

A DIVISION OF PNC BANK, NATIONAL ASSOCIATION,

 

By:   /s/ Gregory L. McFarland
Name:   Gregory L. McFarland
Title:   Senior Vice President, Servicing Officer

Sprint Spectrum Co LLC – First Amendment to Spectrum Lease


Annex I

Alda Wireless Holdings, LLC

American Telecasting Development, LLC

American Telecasting of Anchorage, LLC

American Telecasting of Bend, LLC

American Telecasting of Columbus, LLC

American Telecasting of Denver, LLC

American Telecasting of Fort Myers, LLC

American Telecasting of Ft. Collins, LLC

American Telecasting of Green Bay, LLC

American Telecasting of Lansing, LLC

American Telecasting of Lincoln, LLC

American Telecasting of Little Rock, LLC

American Telecasting of Louisville, LLC

American Telecasting of Medford, LLC

American Telecasting of Michiana, LLC

American Telecasting of Monterey, LLC

American Telecasting of Redding, LLC

American Telecasting of Santa Barbara, LLC

American Telecasting of Seattle, LLC

American Telecasting of Sheridan, LLC

American Telecasting of Yuba City, LLC

APC Realty and Equipment Company, LLC

Assurance Wireless of South Carolina, LLC

ATI Sub, LLC

ATL MDS, LLC

Bluebottle USA Holdings, LLC

Bluebottle USA Investments L.P.

Boost Worldwide, LLC

Broadcast Cable, LLC

Caroline Ventures, Inc.

Clear Wireless LLC

Clearwire Communications LLC

Clearwire Corporation

Clearwire Hawaii Partners Spectrum, LLC

Clearwire IP Holdings LLC

Clearwire Legacy LLC

Clearwire Spectrum Holdings II LLC

Clearwire Spectrum Holdings III LLC

Clearwire Spectrum Holdings LLC

Clearwire XOHM LLC

Fixed Wireless Holdings, LLC

Fresno MMDS Associates, LLC

Independent Wireless One Leased Realty Corporation

Kennewick Licensing, LLC

MinorCo, LLC

Nextel Communications of the Mid-Atlantic, Inc.

Nextel of California, Inc.

Nextel of New York, Inc.

Nextel of Texas, Inc.

Nextel Partners Equipment LLC

Nextel Retail Stores, LLC

Nextel South Corp.

Nextel Systems LLC

Nextel West Corp.

NPCR, Inc.

NSAC, LLC

OneLouder Apps, Inc.

PCTV Gold II, LLC

PCTV Sub, LLC

People’s Choice TV Corp.

People’s Choice TV of Houston, LLC

People’s Choice TV of St. Louis, LLC

Pinsight Media+, Inc.

SIHI New Zealand Holdco, Inc.


SN Holdings (BR I) LLC

SN UHC 1, Inc.

SN UHC 2, Inc.

SN UHC 3, Inc.

SN UHC 4, Inc.

SN UHC 5, Inc.

SpeedChoice of Detroit, LLC

SpeedChoice of Phoenix, LLC

Sprint (Bay Area), LLC

Sprint Capital Corporation

Sprint Communications Company L.P.

Sprint Communications Company of New Hampshire, Inc.

Sprint Communications Company of Virginia, Inc.

Sprint Connect LLC

Sprint Corporation

Sprint Corporation (Inactive)

Sprint eBusiness, Inc.

Sprint Enterprise Mobility, LLC

Sprint Enterprise Network Services, Inc.

Sprint Enterprises, L.P.

Sprint eWireless, Inc.

Sprint HoldCo, LLC

Sprint International Communications Corporation

Sprint International Holding, Inc.

Sprint International Incorporated

Sprint International Network Company LLC

Sprint PCS Assets, L.L.C.

Sprint Solutions, Inc.

Sprint Spectrum Equipment Company, LLC

Sprint Spectrum Holding Company, LLC

Sprint Spectrum L.P.

Sprint Spectrum Realty Company, LLC

Sprint Ventures, Inc.

Sprint/United Management Company

SprintCom Equipment Company, LLC

SprintCom, Inc.

STE 14 Affiliate LLC

SWV Four, Inc.

SWV Six, Inc.

SWV Two, Inc.

TDI Acquisition Corporation

TDI Acquisition Sub, LLC

Transworld Telecom II, LLC

UCOM, Inc.

US Telecom, Inc.

USST of Texas, Inc.

Utelcom, Inc.

Virgin Mobile USA – Evolution, LLC

Virgin Mobile USA, Inc.

Virgin Mobile USA, L.P.

VMU GP, LLC

Wavepath Sub, LLC

WBS of America, LLC

WBS of Sacramento, LLC

WBSY Licensing, LLC

WCOF, LLC

Wireless Broadband Services of America, L.L.C.

Wireline Leasing Co., Inc.


Schedule I

Exhibit A

 

Exhibit A – I

   Directly-Held Licenses

Exhibit A – II

   Third-Party Lease Agreements

Exhibit A – III

   Third-Party Leased Licenses

Exhibit A – IV

   Additional Spectrum
   a) Directly-Held Licenses
   b) Third-Party Lease Agreements
   c) Third-Party Leased Licenses

 

A-1


Exhibit A - I

DIRECTLY-HELD LICENSES

 

Call Sign   Lessor   Contributed Channels
WQYL828   Sprint Spectrum License Holder LLC   BRS1,BRS2,E1,E2,E3
WMH668   Sprint Spectrum License Holder LLC   BRS2
WLK242   Sprint Spectrum License Holder LLC   BRS2
WQYK861   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL629   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL292   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL293   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK900   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK901   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL645   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK882   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL654   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL655   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL660   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL662   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK920   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL664   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK921   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL674   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL304   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK944   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK902   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL688   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK863   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL693   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL697   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL309   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL726   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL727   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL735   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL741   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK987   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK955   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL318   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL774   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK990   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL780   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL320   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL792   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK957   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL799   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL800   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL807   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL813   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK894   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL820   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL822   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL823   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK927   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL840   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL335   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYK879   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYL202   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3
WQYQ508   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3 (See list of coordinates partitioning BTA029 - Baltimore, MD on Exhibit A - I(a)
WQYQ511   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3 (See list of coordinates partitioning BTA404 - San Francisco-Oakland-San Jose on Exhibit A - I(c))
WQYQ510   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3 (See list of coordinates partitioning BTA440 - Tampa-St. Petersburg-Clearwate on Exhibit A - I(e))
WQYQ509   Sprint Spectrum License Holder LLC   BRS2,E1,E2,E3 (See list of coordinates partitioning BTA461 - Washington, DC on Exhibit A - I(g)
WQYK899   Sprint Spectrum License Holder LLC   E1,E2,E3
WQYL858   Sprint Spectrum License Holder LLC   E1,E2,E3
WQYL339   Sprint Spectrum License Holder LLC   E1,E2,E3
WQYK860   Sprint Spectrum License Holder LLC   E1,E2,E3
WQYL854   Sprint Spectrum License Holder LLC   E1,E2,E3
WQYL856   Sprint Spectrum License Holder LLC   E1,E2,E3
WQYL859   Sprint Spectrum License Holder LLC   E1,E2,E3
WQYL860   Sprint Spectrum License Holder LLC   E1,E2,E3
WQYK915   Sprint Spectrum License Holder LLC   E1,E2,E3
WQYL796   Sprint Spectrum License Holder LLC   E1,E2,E3,F1
WQYL349   Sprint Spectrum License Holder LLC   E3
WQYL340   Sprint Spectrum License Holder LLC   E3
WQYK940   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYL677   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYK946   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYL205   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYL730   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYL343   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYL773   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYL331   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYL831   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYL832   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYL200   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYK914   Sprint Spectrum License Holder LLC   E3,F1,F2,F3
WQYK880   Sprint Spectrum License Holder LLC   F1,F2,F3
WQYL337   Sprint Spectrum License Holder LLC   F1,F2,F3
WQYK933   Sprint Spectrum License Holder LLC   F1,F2,F3
WQYK929   Sprint Spectrum License Holder LLC   F1,F2,F3
WQYL676   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYK924   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYK898   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYL718   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYL760   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYK911   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
Call Sign   Lessor   Contributed Channels
WQYL775   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYK872   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYL798   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYK964   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYL829   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYK974   Sprint Spectrum License Holder LLC   F1,F2,F3,H1
WQYK897   Sprint Spectrum License Holder LLC   F2,F3,H1,H2
WQYK975   Sprint Spectrum License Holder LLC   F3
WQYQ508   Sprint Spectrum License Holder LLC   F3
WQYL769   Sprint Spectrum License Holder LLC   F3
WQYQ511   Sprint Spectrum License Holder LLC   F3
WQYQ510   Sprint Spectrum License Holder LLC   F3
WQYQ509   Sprint Spectrum License Holder LLC   F3
WQYL855   Sprint Spectrum License Holder LLC   F3
WQYL857   Sprint Spectrum License Holder LLC   F3
WQYL336   Sprint Spectrum License Holder LLC   F3
WQYK930   Sprint Spectrum License Holder LLC   F3
WQYL862   Sprint Spectrum License Holder LLC   F3
WQYL864   Sprint Spectrum License Holder LLC   F3
WQYL341   Sprint Spectrum License Holder LLC   F3
WQYK884   Sprint Spectrum License Holder LLC   F3
WQYL203   Sprint Spectrum License Holder LLC   F3
WQYL348   Sprint Spectrum License Holder LLC   F3
WQYK916   Sprint Spectrum License Holder LLC   F3
WQYL861   Sprint Spectrum License Holder LLC   F3
WQYL342   Sprint Spectrum License Holder LLC   F3
WQYL863   Sprint Spectrum License Holder LLC   F3
WQYK928   Sprint Spectrum License Holder LLC   F3
WQYL338   Sprint Spectrum License Holder LLC   F3
WQYL625   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL626   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK881   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL627   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL628   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK934   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL630   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL631   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK856   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL632   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK932   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL633   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL634   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK935   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK919   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK936   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL635   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL636   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL637   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL294   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL638   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL639   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK937   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK938   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL640   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL295   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL296   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL641   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL642   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL297   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL643   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL644   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK976   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL646   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK905   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL647   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL648   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL298   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK939   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL649   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL650   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL652   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL653   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL299   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK862   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL656   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL657   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL658   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL659   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL661   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK977   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL300   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK941   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL301   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL663   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL665   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL666   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL667   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL668   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL669   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL204   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL670   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK883   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK906   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL671   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL302   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL672   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL673   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK942   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK922   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL675   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL303   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK978   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL678   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL679   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
Call Sign   Lessor   Contributed Channels
WQYL744   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL680   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL305   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL681   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK943   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL306   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL682   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK890   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL683   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL684   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL685   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL686   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL687   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK907   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL865   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK923   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL689   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL307   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK864   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK979   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL690   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL691   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK857   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK885   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL692   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK865   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL308   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL694   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL695   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL696   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL698   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL699   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK945   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL700   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL701   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK866   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK858   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL702   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL703   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK947   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL705   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL706   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL707   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK908   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK948   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK917   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL708   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL310   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL709   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK980   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL710   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL711   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL712   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL713   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL311   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK981   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL312   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL313   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL714   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL715   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL716   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL717   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK925   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL719   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK949   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL720   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK950   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL721   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL722   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK982   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK918   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL723   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL724   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK983   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL725   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK892   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL314   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK909   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK984   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK985   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK986   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL728   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL729   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK931   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL315   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK886   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL731   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL732   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK867   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL733   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL734   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL736   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL316   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK951   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL737   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK868   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK887   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL738   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK952   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL739   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK953   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL740   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL742   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL743   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
 

 

A-2


Call Sign   Lessor   Contributed Channels
WQYL761   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL762   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL763   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL764   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL765   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK869   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL766   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL767   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK870   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK988   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL317   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL768   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK954   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK889   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK910   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL770   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL771   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK871   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL772   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK989   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL776   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL777   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK956   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL778   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK991   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL779   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK903   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL781   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL782   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL783   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL784   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL785   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL786   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL787   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK992   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL319   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL788   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL789   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL790   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL321   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL791   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL322   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK888   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL793   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL794   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK926   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL795   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL797   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL344   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL801   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK993   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL802   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL803   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL804   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL805   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL806   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK958   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL808   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL809   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL345   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL323   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL810   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL324   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL811   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK994   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL812   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL325   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK959   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK895   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK904   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL326   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL327   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL814   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL815   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL816   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK960   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL328   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL329   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK995   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL817   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK912   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL330   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK874   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK996   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL818   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK997   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL819   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK961   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL651   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL346   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK998   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL821   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK875   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
Call Sign   Lessor   Contributed Channels
WQYK962   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL347   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK963   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL332   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK965   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL824   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL825   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK876   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK859   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL826   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL827   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK999   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK891   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL830   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK966   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL833   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK967   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL834   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL835   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL836   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL837   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYQ259   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL838   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK968   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL839   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL841   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL842   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL843   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL844   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL845   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL846   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK969   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL201   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK913   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL847   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL333   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK970   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL334   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL848   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK877   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL849   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL850   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK971   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK878   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL851   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL852   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK893   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK972   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYL853   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK896   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WQYK973   Sprint Spectrum License Holder LLC   F3,H1,H2,H3
WNTI465   Sprint Spectrum License Holder LLC   H1
WNTB460   Sprint Spectrum License Holder LLC   H1
WNTJ390   Sprint Spectrum License Holder LLC   H1
WNTB422   Sprint Spectrum License Holder LLC   H1
WMI332   Sprint Spectrum License Holder LLC   H1
WNTF451   Sprint Spectrum License Holder LLC   H1
WNTI583   Sprint Spectrum License Holder LLC   H1
WNTJ808   Sprint Spectrum License Holder LLC   H1
WNTB577   Sprint Spectrum License Holder LLC   H1
WMH816   Sprint Spectrum License Holder LLC   H1
WNTA435   Sprint Spectrum License Holder LLC   H1
WNTA368   Sprint Spectrum License Holder LLC   H1
WNTG845   Sprint Spectrum License Holder LLC   H1
WNTJ727   Sprint Spectrum License Holder LLC   H1
WMX945   Sprint Spectrum License Holder LLC   H1
WNTE489   Sprint Spectrum License Holder LLC   H1
WNTI337   Sprint Spectrum License Holder LLC   H1
WQOH796   Sprint Spectrum License Holder LLC   H1
WNTM675   Sprint Spectrum License Holder LLC   H1,H2
WQYL704   Sprint Spectrum License Holder LLC   H1,H2,H3
WNTJ462   Sprint Spectrum License Holder LLC   H1,H2,H3
WNTJ438   Sprint Spectrum License Holder LLC   H1,H2,H3
WNTK396   Sprint Spectrum License Holder LLC   H1,H2,H3
WQYQ508   Sprint Spectrum License Holder LLC   H1,H2,H3 (See list of coordinates partitioning BTA029 - Baltimore, MD on Exhibit A - I(b))
WQYQ511   Sprint Spectrum License Holder LLC   H1,H2,H3 (See list of coordinates partitioning BTA404 - San Francisco-Oakland-San Jose on Exhibit A - I(d))
WQYQ510   Sprint Spectrum License Holder LLC   H1,H2,H3 (See list of coordinates partitioning BTA440 - Tampa-St. Petersburg-Clearwate on Exhibit A - I(f))
WQYQ509   Sprint Spectrum License Holder LLC   H1,H2,H3 (See list of coordinates partitioning BTA461 - Washington DC on Exhibit A - I(h))
WQYK873   Sprint Spectrum License Holder LLC   H2
WNTB468   Sprint Spectrum License Holder LLC   H2
Call Sign   Lessor   Contributed Channels
WNEY710   Sprint Spectrum License Holder LLC   H2
WNTJ386   Sprint Spectrum License Holder LLC   H2
WNEX722   Sprint Spectrum License Holder LLC   H2
WMI336   Sprint Spectrum License Holder LLC   H2
WMX233   Sprint Spectrum License Holder LLC   H2
WMX943   Sprint Spectrum License Holder LLC   H2
WMX359   Sprint Spectrum License Holder LLC   H2
WNTF247   Sprint Spectrum License Holder LLC   H2
WNTJ765   Sprint Spectrum License Holder LLC   H2
TB476   Sprint Spectrum License Holder LLC   H2
WNTE288   Sprint Spectrum License Holder LLC   H2
WNTA436   Sprint Spectrum License Holder LLC   H2
WNTA575   Sprint Spectrum License Holder LLC   H2
WMX946   Sprint Spectrum License Holder LLC   H2
WNTG437   Sprint Spectrum License Holder LLC   H2
WNTI260   Sprint Spectrum License Holder LLC   H2
WNTD763   Sprint Spectrum License Holder LLC   H2
WQOH797   Sprint Spectrum License Holder LLC   H2
WNTM819   Sprint Spectrum License Holder LLC   H2,H3
WNTB410   Sprint Spectrum License Holder LLC   H3
WHJ947   Sprint Spectrum License Holder LLC   H3
WNTJ377   Sprint Spectrum License Holder LLC   H3
WNTB687   Sprint Spectrum License Holder LLC   H3
WMI340   Sprint Spectrum License Holder LLC   H3
WMY462   Sprint Spectrum License Holder LLC   H3
WMX942   Sprint Spectrum License Holder LLC   H3
WNTF306   Sprint Spectrum License Holder LLC   H3
WNTI521   Sprint Spectrum License Holder LLC   H3
WNTG394   Sprint Spectrum License Holder LLC   H3
WNTB224   Sprint Spectrum License Holder LLC   H3
WNTE463   Sprint Spectrum License Holder LLC   H3
WNTG393   Sprint Spectrum License Holder LLC   H3
WNTA478   Sprint Spectrum License Holder LLC   H3
WNTH500   Sprint Spectrum License Holder LLC   H3
WMX944   Sprint Spectrum License Holder LLC   H3
WNTE611   Sprint Spectrum License Holder LLC   H3
WNTH970   Sprint Spectrum License Holder LLC   H3
WNTD869   Sprint Spectrum License Holder LLC   H3
WQOH795   Sprint Spectrum License Holder LLC   H3
WQYQ261   Sprint Spectrum License Holder II LLC   E3
WQYQ255   Sprint Spectrum License Holder II LLC   E3,F1,F2,F3
WQYQ256   Sprint Spectrum License Holder II LLC   E3,F1,F2,F3
WQYQ257   Sprint Spectrum License Holder II LLC   E3,F1,F2,F3
WQYQ258   Sprint Spectrum License Holder II LLC   E3,F1,F2,F3
WQYQ260   Sprint Spectrum License Holder II LLC   F1,F2,F3
WQYQ262   Sprint Spectrum License Holder II LLC   F3
WMX366   Sprint Spectrum License Holder II LLC   H1,H2,H3
KNLH500   Sprint Spectrum License Holder II LLC   1865 - 1870 / 1945 - 1950
WQLH230   Sprint Spectrum License Holder II LLC   1905 - 1910 / 1985 - 1990
WQDN637   Sprint Spectrum License Holder II LLC   1905 - 1910 / 1985 - 1990
WQCS422   Sprint Spectrum License Holder II LLC   1905 - 1910 / 1985 - 1990
WQDN638   Sprint Spectrum License Holder II LLC   1905 - 1910 / 1985 - 1990
WQDN642   Sprint Spectrum License Holder II LLC   1905 - 1910 / 1985 - 1990
WQDN646   Sprint Spectrum License Holder II LLC   1905 - 1910 / 1985 - 1990
WQDN647   Sprint Spectrum License Holder II LLC   1905 - 1910 / 1985 - 1990
WQDN648   Sprint Spectrum License Holder II LLC   1905 - 1910 / 1985 - 1990
WQYQ254   Sprint Spectrum License Holder III LLC   F3
WQYL206   Sprint Spectrum License Holder III LLC   1850 - 1855 / 1930 - 1935
WQYL213   Sprint Spectrum License Holder III LLC   1850 - 1855 / 1930 - 1935
WQYL220   Sprint Spectrum License Holder III LLC   1850 - 1855 / 1930 - 1935
WQYL215   Sprint Spectrum License Holder III LLC   1850 - 1855 / 1930 - 1935
WQYL212   Sprint Spectrum License Holder III LLC   1850 - 1855 / 1930 - 1935
WQYL219   Sprint Spectrum License Holder III LLC   1850 - 1855 / 1930 - 1935
WPVC985   Sprint Spectrum License Holder III LLC   1860 - 1865 / 1940 - 1945
WPVC984   Sprint Spectrum License Holder III LLC   1860 - 1865 / 1940 - 1945
WQYL210   Sprint Spectrum License Holder III LLC   1870 - 1875 / 1950 - 1955
WQYL218   Sprint Spectrum License Holder III LLC   1870 - 1875 / 1950 - 1955
WQYL207   Sprint Spectrum License Holder III LLC   1880 - 1885 / 1960 - 1965
WQYL211   Sprint Spectrum License Holder III LLC   1880 - 1885 / 1960 - 1965
WQYL209   Sprint Spectrum License Holder III LLC   1880 - 1885 / 1960 - 1965
WQYL221   Sprint Spectrum License Holder III LLC   1880 - 1885 / 1960 - 1965
WQYL217   Sprint Spectrum License Holder III LLC   1880 - 1885 / 1960 - 1965
WQYL214   Sprint Spectrum License Holder III LLC   1880 - 1885 / 1960 - 1965
WQYL222   Sprint Spectrum License Holder III LLC   1880 - 1885 / 1960 - 1965
WQCX680   Sprint Spectrum License Holder III LLC   1895 - 1900 / 1975 - 1980
WQZQ344   Sprint Spectrum License Holder III LLC   1895 - 1900 / 1975 - 1980
WQNE332   Sprint Spectrum License Holder III LLC   1900 - 1902.5 / 1980 - 1982.5
WQEM957   Sprint Spectrum License Holder III LLC   1900 - 1905 / 1980 - 1985
WQKP246   Sprint Spectrum License Holder III LLC   1902.5 - 1905 / 1982.5 - 1985
WQYL223   Sprint Spectrum License Holder III LLC   1905 - 1910 / 1985 - 1990
WQYL224   Sprint Spectrum License Holder III LLC   1905 - 1910 / 1985 - 1990
WQDE351   Sprint Spectrum License Holder III LLC   1905 - 1910 / 1985 - 1990
WQYL208   Sprint Spectrum License Holder III LLC   1905 - 1910 / 1985 - 1990
WQDE353   Sprint Spectrum License Holder III LLC   1905 - 1910 / 1985 - 1990
WQYH792   Sprint Spectrum License Holder III LLC   1905 - 1910 / 1985 - 1990
WQXY322   Sprint Spectrum License Holder III LLC   1905 - 1910 / 1985 - 1990
WQDN650   Sprint Spectrum License Holder III LLC   1905 - 1910 / 1985 - 1990
 

 

A-3


Exhibit A - I(a)

Partition Coordinates

Call Sign – WQYQ508; BTA029 – Baltimore, MD; Channels – BRS2, E1, E2, E3

 

LOGO

 

A-4


LOGO

 

A-5


LOGO

 

A-6


Exhibit A - I(b)

Partition Coordinates

Call Sign – WQYQ508; BTA – BTA029 - Baltimore, MD; Channels – H1, H2, H3

 

LOGO

 

A-7


LOGO

 

A-8


LOGO

 

A-9


LOGO

 

A-10


LOGO

 

A-11


Exhibit A - I(c)

Partition Coordinates

Call Sign – WQYQ511; BTA – BTA404 - San Francisco-Oakland-San Jose; Channels – BRS2, E1, E2, E3

 

LOGO

 

A-12


LOGO

 

A-13


LOGO

 

A-14


LOGO

 

A-15


LOGO

 

A-16


Exhibit A - I(d)

Partition Coordinates

Call Sign – WQYQ511; BTA – BTA404 - San Francisco-Oakland-San Jose; Channels – H1, H2, H3

 

LOGO

 

A-17


LOGO

 

A-18


LOGO

 

A-19


LOGO

 

A-20


LOGO

 

A-21


LOGO

 

A-22


LOGO

 

A-23


LOGO

 

A-24


LOGO

 

A-25


LOGO

 

A-26


LOGO

 

A-27


LOGO

 

A-28


LOGO

 

A-29


LOGO

 

A-30


LOGO

 

A-31


LOGO

 

A-32


LOGO

 

A-33


Exhibit A - I(e)

Partition Coordinates

Call Sign – WQYQ510; BTA – BTA440 - Tampa-St. Petersburg-Clearwate; Channels – BRS2, E1, E2, E3

 

LOGO

 

A-34


LOGO

 

A-35


LOGO

 

A-36


Exhibit A - I(f)

Partition Coordinates

Call Sign – WQYQ510; BTA – BTA440 - Tampa-St. Petersburg-Clearwate; Channels – H1, H2, H3

 

LOGO

 

A-37


LOGO

 

A-38


LOGO

 

A-39


LOGO

 

A-40


LOGO

 

A-41


LOGO

 

A-42


LOGO

 

A-43


LOGO

 

A-44


LOGO

 

A-45


LOGO

 

A-46


LOGO

 

A-47


LOGO

 

A-48


Exhibit A - I(g)

Partition Coordinates

Call Sign – WQYQ509; BTA – BTA461 - Washington, DC; Channels – BRS2, E1, E2, E3

 

LOGO

 

A-49


LOGO

 

A-50


LOGO

 

A-51


Exhibit A - I(h)

Partition Coordinates

Call Sign – WQYQ509; BTA – BTA461 - Washington, DC; Channels – H1, H2, H3

 

LOGO

 

A-52


LOGO

 

A-53


LOGO

 

A-54


LOGO

 

A-55


LOGO

 

A-56


LOGO

 

A-57


LOGO

 

A-58


LOGO

 

A-59


LOGO

 

A-60


LOGO

 

A-61


LOGO

 

A-62


LOGO

 

A-63


LOGO

 

A-64


EXHIBIT A - II

Third-Party Lease Agreements

Anaheim Elementary School District (“ Licensee ”) pursuant to the Educational Broadband Service Long- Term De Facto Transfer Lease Agreement dated as of November 14, 2006, by and between Licensee and NSAC LLC

California State University, Northridge (“ Licensee ”) pursuant to the Educational Broadband Service Long-Term De Facto Lease Agreement, dated as of June 29, 2005, by and between Licensee and NSAC, LLC (WHG229 / Los Angeles (Mt. Wilson) CA)

California State University, Northridge (“ Licensee ”) pursuant to the Educational Broadband Service Long-Term De Facto Lease Agreement, dated as of June 29, 2005, by and between Licensee and NSAC, LLC (WHG228 / Santa Paula, CA)

California State University, Northridge (“ Licensee ”) pursuant to the Educational Broadband Service Long-Term De Facto Lease Agreement, dated as of June 29, 2005, by and between Licensee and NSAC, LLC (WHR502 / Palmdale, CA)

California State University, Northridge (“ Licensee ”) pursuant to the Educational Broadband Service Long-Term De Facto Lease Agreement, dated as of June 29, 2005, by and between Licensee and NSAC, LLC (WLX974 / Ridgecrest, CA)

DeSales Media Group, Inc. (“ Licensee ”) pursuant to the Educational Broadband Service Long-Term De Facto Transfer Lease Agreement dated as of December 6, 2010, by and between Licensee and Clearwire Spectrum Holdings III LLC

The Board of Trustees of the Leland Stanford Junior University ( “Licensee ”) pursuant to the Educational Broadband Service Long-Term De Facto Transfer Lease Agreement dated as of March 1, 2010, by and between Licensee and Clearwire Spectrum Holdings II, LLC

Florida Polytechnic University Board of Trustees (“ Licensee ”) pursuant to the Educational Broadband Service Long-Term De Facto Transfer Lease Agreement dated as of September, 10, 2008, by and between Licensee and NSAC LLC

John Mester Family Income Trust (“ Licensee ”) pursuant to the Long-Term De Facto BRS Spectrum Lease Agreement dated as of September 22, 2005, by and between Licensee and Fixed Wireless Holdings, LLC

Regents of the University of New Mexico and the Board of Education of the City of Albuquerque, New Mexico (“ Licensee ”) pursuant to the Long-Term De Facto Transfer Lease Agreement dated as of October 17, 2006, by and between Licensee and People’s Choice TV of Albuquerque, Inc.

Clark County School District in Las Vegas, Nevada (“ Licensee ”) pursuant to that Educational Broadband Service Long Term De Facto Transfer Lease Agreement dated as of February 1, 2008, by and between Licensee and NSAC LLC

 

A-65


EXHIBIT A - III

Third-Party Leased Licenses

 

Call Sign

  

Thirt-Party Lease Counterparty

  

Lessor

  

Date
Submitted

  

FCC Lease ID

  

Lease Expiration

KVP26    Anaheim Elementary School District    Sprint Spectrum License Holder LLC    7/25/2016    L000020418    9/12/2025
WHR943    Florida Polytechnic University    Sprint Spectrum License Holder LLC    7/25/2016    L000020419    1/15/2022
WNTA868    John Mester Income Family Trust    Sprint Spectrum License Holder LLC    7/22/2016    L000020420    5/1/2021
WMX215    John Mester Income Family Trust    Sprint Spectrum License Holder LLC    7/22/2016    L000020421    5/1/2021
WLK217    John Mester Income Family Trust    Sprint Spectrum License Holder LLC    7/22/2016    L000020422    5/1/2021
WQCV325    John Mester Income Family Trust    Sprint Spectrum License Holder LLC    7/22/2016    L000020423    6/2/2025
WQCV327    John Mester Income Family Trust    Sprint Spectrum License Holder LLC    7/22/2016    L000020424    6/2/2025
WHR672    Regents of the University Of New Mexico and the Board Of Education of the City of Albuquerque, New Mexico (KNME)    Sprint Spectrum License Holder LLC    7/25/2016    L000020425    11/4/2026
WHR551    Regents of the University Of New Mexico and the Board Of Education of the City of Albuquerque, New Mexico (KNME)    Sprint Spectrum License Holder LLC    7/25/2016    L000020426    11/4/2026
WHG229    California State University Northridge    Sprint Spectrum License Holder LLC    7/28/2016    L000020427    2/22/2020
WHG228    California State University Northridge    Sprint Spectrum License Holder LLC    7/28/2016    L000020428    2/22/2020
WLX974    California State University Northridge    Sprint Spectrum License Holder LLC    7/28/2016    L000020429    10/8/2023
WHR502    California State University Northridge    Sprint Spectrum License Holder LLC    7/28/2016    L000020430    6/29/2020
WHR691    Desales Media Group, Inc.    Sprint Spectrum License Holder LLC    7/28/2016    L000020432    10/26/2025
KNZ69    Desales Media Group, Inc.    Sprint Spectrum License Holder LLC    7/28/2016    L000020433    11/14/2026
KNZ70    Desales Media Group, Inc.    Sprint Spectrum License Holder LLC    7/28/2016    L000020434    4/22/2019
KVS31    Desales Media Group, Inc.    Sprint Spectrum License Holder LLC    7/28/2016    L000020435    9/22/2018
KZE20    Desales Media Group, Inc.    Sprint Spectrum License Holder LLC    7/28/2016    L000020436    4/22/2019
KZH33    Clark County School District    Sprint Spectrum License Holder LLC    7/22/2016    L000020437    2/1/2023
WNC851    Clark County School District    Sprint Spectrum License Holder LLC    7/22/2016    L000020438    2/1/2023
WNC682    Clark County School District    Sprint Spectrum License Holder LLC    7/22/2016    L000020439    3/1/2023
KZH32    Clark County School District    Sprint Spectrum License Holder LLC    7/22/2016    L000020440    2/1/2023
WNC842    Clark County School District    Sprint Spectrum License Holder LLC    7/22/2016    L000020441    2/1/2023
WHR827    The Board OF Trustees OF THE Leland Stanford Junior University    Sprint Spectrum License Holder LLC    8/22/2016    L000021031    7/29/2027
KGG38    The Board OF Trustees OF THE Leland Stanford Junior University    Sprint Spectrum License Holder LLC    8/22/2016    L000021032    7/19/2019
WNTA285    The Board OF Trustees OF THE Leland Stanford Junior University    Sprint Spectrum License Holder LLC    8/22/2016    L000021033    10/23/2023
WHR814    The Board OF Trustees OF THE Leland Stanford Junior University    Sprint Spectrum License Holder LLC    8/22/2016    L000021034    5/27/2027

 

A-66


EXHIBIT A - IV

ADDITIONAL SPECTRUM

a) Directly-Held Licenses: None

b) Third-Party Lease Agreements: None

c) Third-Party Leased Licenses: None

 

A-67


Schedule II

EXHIBIT D

Lease Payment Schedule

Dated October 27, 2016 (the “ Measurement Date ”)

A. Aggregate Lease Payment Amount as of the Measurement Date: $165,000,000

B. Individual Lease Payment Amounts as of the Measurement Date:

 

Lessor    Individual Monthly
Lease Payment
     Percentage of
Aggregate Lease
Payment
 

License Holder I

   $ 144,598,743        87.63560

License Holder II

   $ 3,086,213        1.87043

License Holder III

   $ 17,315,044        10.49397

[Additional License Holder]

   $ [N/A      [N/A ]% 

C. “PV Calculations” as of the Measurement Date:

PV calculations in clause (X)(ii) of Section 13(a) of the Lease Agreement, assuming the Termination Payment Date occurs on the following days, in each case measured from the Measurement Date and as of the date of termination of this Lease Agreement, are:

 

•  PV if Termination Payment Date occurs at day 360 (year 1):

   $18,670,922,557.55

•  PV if Termination Payment Date occurs at day 1,080 (year 3):

   $18,424,414,060.81

•  PV if Termination Payment Date occurs at day 3,600 (year 10):

   $17,053,649,524.53

•  PV if Termination Payment Date occurs at day 9,000 (year 25):

   $7,716,635,331.40


Schedule III

EXHIBIT E

FORM OF JOINDER AGREEMENT

This Joinder Agreement (this “ Joinder Agreement ”), dated as of [______ __], by and among Sprint Spectrum License Holder LLC (“ License Holder I ”), Sprint Spectrum License Holder II LLC (“ License Holder II ”), Sprint Spectrum License Holder III LLC (“ License Holder III ” and, together with License Holder I and License Holder II, “ Existing Lessors ” and each, an “ Existing Lessor ”), Sprint Communications, Inc. (“ Lessee ”), Sprint Intermediate HoldCo LLC (“ Intermediate HoldCo I ”), Sprint Intermediate HoldCo II LLC (“ Intermediate HoldCo II ”), Sprint Intermediate HoldCo III LLC (“ Intermediate HoldCo III ” and, together with Intermediate HoldCo I and Intermediate HoldCo II, “ Existing Intermediate HoldCos ” and each, an “ Existing Intermediate HoldCo ”), Sprint Corporation, a Delaware corporation, the entities named on the signature pages hereto as Subsidiary Guarantors and from time to time becoming a guarantor in accordance with this Lease Agreement (the “ Subsidiary Guarantors ” and, together with Sprint Corporation, the “ Guarantors ” and, collectively with Lessee, the “ Obligors ”), [Insert Name of Additional License Holder] (“ Additional License Holder ”) and [Insert name of Additional Intermediate HoldCo] (“ Additional Intermediate HoldCo ”).

WHEREAS, the Existing Lessors, the Existing Intermediate HoldCos and the Obligors are parties to that certain Intra-Company Spectrum Lease Agreement, dated as of October 27, 2016 (as amended by the First Amendment to Intra-Company Lease Agreement, dated as of March 12, 2018, and as further amended, restated, supplemented or otherwise modified from time to time, the “ Lease Agreement ”). Capitalized terms used herein and not otherwise defined shall have the meaning given them in the Lease Agreement; and

WHEREAS, pursuant to the terms of the Lease Agreement, the Additional License Holder and Additional Intermediate HoldCo desire to become a party to the Lease Agreement.

NOW THEREFORE, the Additional License Holder and Additional Intermediate HoldCo, together with the Existing Lessors and Existing Intermediate HoldCos hereby agree, jointly and severally with the Obligors as follows:

A. The Additional License Holder hereby acknowledges, agrees and confirms that, as of the date hereof and as if it had executed the Lease Agreement, it shall be and shall have all of the obligations of an Existing Lessor set forth in the Lease Agreement and shall be a party of identical capacity and obligations as a Lessor under the Lease Agreement. As of the date hereof, the Additional License Holder hereby ratifies and agrees to be bound by all of the terms, provisions and conditions contained in the Lease Agreement that are binding upon the Existing Lessors, including, without limitation (a) all of the representations and warranties of Lessors set forth in Section 10 of the Lease Agreement, as supplemented from time to time in accordance with the terms thereof, and (b) all of the covenants set forth in Section 10 of the Lease Agreement.

B. The Additional Intermediate HoldCo hereby acknowledges, agrees and confirms that, as of the date hereof and as if it had executed the Lease Agreement, it shall be and shall have all of the obligations of an Existing Intermediate HoldCo set forth in the Lease Agreement and shall be a party of identical capacity and obligations as an Intermediate HoldCo under the Lease Agreement. As of the date hereof, the Additional Intermediate HoldCo hereby ratifies and agrees to be bound by all of the terms, provisions and conditions contained in the Lease Agreement that are binding upon the Existing Intermediate HoldCos, including, without limitation the reimbursement obligations set forth in Section 14(k) of the Lease Agreement.

 

EXHIBIT E-1


C. Existing Lessors, Existing Intermediate HoldCos and the Obligors confirm that all of their obligations under the Lease Agreement are, and upon (i) the Additional License Holder becoming a “Lessor” and (ii) the Additional Intermediate HoldCo becoming an “Intermediate HoldCo” thereunder pursuant to the terms hereof, shall continue to be, in full force and effect.

D. This Joinder Agreement shall constitute a “Transaction Document” (or term of like import) for all purposes under any Lessor Financing. This Joinder Agreement may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. Delivery of an executed counterpart of this Joinder Agreement by electronic means (including email or telecopy) will be effective as delivery of a manually executed counterpart of this Joinder Agreement.

E. THIS JOINDER AGREEMENT SHALL BE CONSTRUCTED IN ACCORDANCE WITH, AND GOVERNED BY, THE LAWS OF THE STATE OF NEW YORK.

[ Signature page to follow ]

 

EXHIBIT E-2


IN WITNESS WHEREOF, the party hereto has caused this Joinder Agreement to be executed by its respective officers thereunto duly authorized as of the date first above written.

 

[                      ], as Additional License Holder
By:    
  Name:
  Title:
[                      ], as Additional Intermediate HoldCo
By    
  Name:
  Title:

Sprint Spectrum Co LLC – Spectrum Lease Joinder Agreement


ACKNOWLEDGED AS OF THE DAY AND YEAR FIRST WRITTEN ABOVE:

 

SPRINT SPECTRUM LICENSE HOLDER LLC
By:    
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – Spectrum Lease Joinder Agreement


SPRINT SPECTRUM LICENSE HOLDER II LLC
By:    
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – Spectrum Lease Joinder Agreement


SPRINT SPECTRUM LICENSE HOLDER III LLC
By:    
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – Spectrum Lease Joinder Agreement


SPRINT COMMUNICATIONS, INC.
By:    
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – Spectrum Lease Joinder Agreement


SPRINT INTERMEDIATE HOLDCO LLC
By:    
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – Spectrum Lease Joinder Agreement


SPRINT INTERMEDIATE HOLDCO II LLC
By:    
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – Spectrum Lease Joinder Agreement


SPRINT INTERMEDIATE HOLDCO III LLC
By:    
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

Sprint Spectrum Co LLC – Spectrum Lease Joinder Agreement


GUARANTORS :
SPRINT CORPORATION
By:    
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer
EACH OF THE GUARANTORS LISTED ON ANNEX I ATTACHED HERETO
By:    
  Name: Janet M. Duncan
  Title:    Vice President and Treasurer

 

Agreement    Sprint Spectrum Co LLC – Spectrum Lease Joinder Agreement


Annex I
Alda Wireless Holdings, LLC
American Telecasting Development, LLC
American Telecasting of Anchorage, LLC
American Telecasting of Bend, LLC
American Telecasting of Columbus, LLC
American Telecasting of Denver, LLC
American Telecasting of Fort Myers, LLC
American Telecasting of Ft. Collins, LLC
American Telecasting of Green Bay, LLC
American Telecasting of Lansing, LLC
American Telecasting of Lincoln, LLC
American Telecasting of Little Rock, LLC
American Telecasting of Louisville, LLC
American Telecasting of Medford, LLC
American Telecasting of Michiana, LLC
American Telecasting of Monterey, LLC
American Telecasting of Redding, LLC
American Telecasting of Santa Barbara, LLC
American Telecasting of Seattle, LLC
American Telecasting of Sheridan, LLC
American Telecasting of Yuba City, LLC
APC Realty and Equipment Company, LLC
Assurance Wireless of South Carolina, LLC
ATI Sub, LLC
ATL MDS, LLC
Bluebottle USA Holdings, LLC
Bluebottle USA Investments L.P.
Boost Worldwide, LLC
Broadcast Cable, LLC
Caroline Ventures, Inc.
Clear Wireless LLC
Clearwire Communications LLC
Clearwire Corporation
Clearwire Hawaii Partners Spectrum, LLC
Clearwire IP Holdings LLC
Clearwire Legacy LLC
Clearwire Spectrum Holdings II LLC
Clearwire Spectrum Holdings III LLC
Clearwire Spectrum Holdings LLC
Clearwire XOHM LLC
Fixed Wireless Holdings, LLC
Fresno MMDS Associates, LLC
Independent Wireless One Leased Realty Corporation
Kennewick Licensing, LLC
MinorCo, LLC
Nextel Communications of the Mid-Atlantic, Inc.
Nextel of California, Inc.
Nextel of New York, Inc.
Nextel of Texas, Inc.
Nextel Partners Equipment LLC
Nextel Retail Stores, LLC
Nextel South Corp.
Nextel Systems LLC
Nextel West Corp.
NPCR, Inc.
NSAC, LLC
OneLouder Apps, Inc.
PCTV Gold II, LLC
PCTV Sub, LLC
People’s Choice TV Corp.
People’s Choice TV of Houston, LLC
People’s Choice TV of St. Louis, LLC
Pinsight Media+, Inc.
SIHI New Zealand Holdco, Inc.
SN Holdings (BR I) LLC

 

11


SN UHC 1, Inc.
SN UHC 2, Inc.
SN UHC 3, Inc.
SN UHC 4, Inc.
SN UHC 5, Inc.
SpeedChoice of Detroit, LLC
SpeedChoice of Phoenix, LLC
Sprint (Bay Area), LLC
Sprint Capital Corporation
Sprint Communications Company L.P.
Sprint Communications Company of New Hampshire, Inc.
Sprint Communications Company of Virginia, Inc.
Sprint Connect LLC
Sprint Corporation
Sprint Corporation (Inactive)
Sprint eBusiness, Inc.
Sprint Enterprise Mobility, LLC
Sprint Enterprise Network Services, Inc.
Sprint Enterprises, L.P.
Sprint eWireless, Inc.
Sprint HoldCo, LLC
Sprint International Communications Corporation
Sprint International Holding, Inc.
Sprint International Incorporated
Sprint International Network Company LLC
Sprint PCS Assets, L.L.C.
Sprint Solutions, Inc.
Sprint Spectrum Equipment Company, LLC
Sprint Spectrum Holding Company, LLC
Sprint Spectrum L.P.
Sprint Spectrum Realty Company, LLC
Sprint Ventures, Inc.
Sprint/United Management Company
SprintCom Equipment Company, LLC
SprintCom, Inc.
STE 14 Affiliate LLC
SWV Four, Inc.
SWV Six, Inc.
SWV Two, Inc.
TDI Acquisition Corporation
TDI Acquisition Sub, LLC
Transworld Telecom II, LLC
UCOM, Inc.
US Telecom, Inc.
USST of Texas, Inc.
Utelcom, Inc.
Virgin Mobile USA – Evolution, LLC
Virgin Mobile USA, Inc.
Virgin Mobile USA, L.P.
VMU GP, LLC
Wavepath Sub, LLC
WBS of America, LLC
WBS of Sacramento, LLC
WBSY Licensing, LLC
WCOF, LLC
Wireless Broadband Services of America, L.L.C.
Wireline Leasing Co., Inc.

 

12

Exhibit 99.1

Sprint

6200 Sprint Parkway Overland

Park, Kan. 66251

Media Contact:

David Tovar, Sprint

913.315.1491

david.tovar@sprint.com

Investor Contact:

Jud Henry, Sprint 800.259.3755

Investor.Relations@sprint.com

Sprint Corporation Announces Private Placement Offering

of Wireless Spectrum-Backed Notes

OVERLAND PARK, Kan . – March 12, 2018 Sprint Corporation (NYSE:S) announced today that three wholly owned special purpose subsidiaries (the “Issuers”) have commenced an offer (the “Offering”) of up to $3,937,500,000 of wireless spectrum-backed notes in two tranches, each with a different anticipated repayment date (the “Notes”) in a private transaction that is exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). This issuance is part of the $7.0 billion notes program that was established in October 2016.

The Issuers’ directly owned subsidiaries have acquired a portfolio of FCC licenses and a small number of third-party leased license agreements (the “Spectrum Portfolio”) from subsidiaries of Sprint Communications, Inc., which comprise a portion of Sprint’s 2.5GHz and 1.9GHz spectrum holdings, representing approximately 14 percent of Sprint’s total spectrum holdings on a MHz-pops basis. The Spectrum Portfolio has been leased back to Sprint Communications Inc. pursuant to a long-term lease agreement, the rental payments for which service the Notes and the Issuers’ other outstanding debt. The Spectrum Portfolio is substantially identical to the original portfolio, which serves as collateral for the notes issued by the Issuers (and which will be shared equally and ratably with the Notes) in October 2016.

The consummation of the Offering is subject to market and other conditions. There can be no assurance the Offering will be successfully completed on the terms described herein or at all. The Notes are expected to be rated investment grade by both Moody’s and Fitch.

The Notes have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption therefrom. The Notes will be offered only to Qualified Institutional Buyers as defined in Rule 144A under the Securities Act that are also Qualified Purchasers as defined under the Investment Company Act of 1940 and to persons outside the United States that are not U.S. Persons as defined in Regulation S under the Securities Act and are also Qualified Purchasers.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the Notes and shall not constitute an offer, solicitation or sale of any Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Sprint:

Sprint (NYSE: S) is a communications services company that creates more and better ways to connect its customers to the things they care about most. Sprint served 54.6 million connections as of December 31, 2017 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading no-contract brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint .

Cautionary Note Regarding Forward-Looking Statements

This release includes “forward-looking statements” within the meaning of the securities laws. The words “may,” “could,” “should,” “estimate,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “target,” “plan”, “outlook,” “providing guidance,” and similar expressions are intended to identify information that is not historical in nature. All statements that relate to our expectations regarding the Notes and the Offering are forward-looking statements. Forward-looking statements are estimates and projections reflecting management’s judgment based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Sprint believes these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date when made. Sprint undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our company’s historical experience and our present expectations or projections. Factors that might cause such differences include, but are not limited to, those discussed in Sprint Corporation’s Annual Report on Form 10-K for the fiscal year ended March 31, 2017. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.