Company: UZF
Filing Date: 2025-01-14
Form Type: PREM14C
Source: 0000821130-25-000006
Chunk: 83

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-14
Form: PREM14C
Chunk 83
---
 Taxes related to the Leases and the ownership, operation and/or use of the Licenses (other than Regulatory Excluded Licenses) that are transferred to Purchaser or one of its Affiliates, in each case, for all taxable periods (or portions thereof) beginning after the Closing Date or, with respect to any Delayed License, the Delayed License Closing Date (in each case, determined in accordance with Section 5.14(c)). Sellers will retain all Liabilities relating to (a) the Leases and the ownership, operation and/or use of the Licenses that are transferred to Purchaser or one of its Affiliates, in each case to the extent pertaining to actions or events occurring, or circumstances arising, prior to and through the Closing or, in the case of a Delayed License, the applicable Delayed License Closing Date (in each case, including all Seller Retained Claims) and (b) the Regulatory Excluded Licenses; provided, however, in the event Purchaser operates on spectrum under the Licenses pursuant to any such short-term spectrum manager lease contemplated by Section 5.9, Seller will not retain any liabilities relating to any action or inaction by Purchaser that constitutes a breach of Purchaser’s obligations under such short-term spectrum manager lease. Notwithstanding the foregoing, and for the avoidance of doubt, in no event shall Purchaser assume any Seller Taxes.

Section 5.11. Specified Actions

Prior to the Closing, and to the extent applicable during the period from the Closing until the date that is eighteen (18) months following the Closing Date, USCC will use reasonable best efforts to take the actions set forth on Section 5.11 of the Seller Disclosure Schedule.

Section 5.12. USCC Stockholder Written Consent; Information Statement

(a) USCC Stockholder Written Consent . Immediately after the execution and delivery of this Agreement and in lieu of calling a meeting of USCC’s stockholders, USCC shall submit the form of USCC Stockholder Written Consent in the form attached as Exhibit C hereto to Telephone and Data Systems, Inc. If the USCC Stockholder Written Consent is duly executed by Telephone and Data Systems, Inc. and is delivered to USCC in accordance with Section 228 of the Delaware General Corporation Law (“Section 228”) and USCC’s certificate of incorporation and by-laws then, immediately thereafter, USCC shall deliver to Purchaser a copy of the duly executed USCC Stockholder Written Consent.

(b) Information Statement.

(i