Company: UZF
Filing Date: 2025-01-23
Form Type: DEFM14C
Source: 0000821130-25-000012
Chunk: 26

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-23
Form: DEFM14C
Chunk 26
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 responsible for, any liabilities or obligations of any kind relating to those leases for the use of wireless spectrum licensed by the FCC under any License that is between a Seller as the FCC licensee of such spectrum and the lessor, and a third party, as lessee, pursuant to which such third party lessee has the right to use such wireless spectrum under such Licenses (collectively, the “

#### Outbound Leases
”) or the ownership, operation or use of the Licenses (except for Verizon’s operation of the Licenses under a pre-Closing spectrum lease) to the extent pertaining to actions or events occurring or circumstances arising prior to or through the date on which such Outbound Leases or Licenses are transferred to Verizon (collectively, the “

#### Excluded Liabilities
”).

Assumed Liabilities

Pursuant to the Agreement, Verizon shall be liable for all liabilities relating to the Outbound Leases and the ownership, operation or use of the Licenses that are transferred to Verizon to the extent pertaining to actions or events occurring, or circumstances arising, after Closing with respect to such License.

#### Closing of the Verizon Transaction
Subject to certain exceptions, the Closing will occur on the fifth business day after the conditions set forth in the Agreement are satisfied, or such other date as mutually agreed to by the Sellers and Verizon.

At the Closing, each party is obligated to deliver certain assignment instruments, including a license assignment, lease assignment and ancillary assignment instruments and certificates, dated as of the Closing Date, certifying that certain conditions have been fulfilled.

#### Representations and Warranties
The Agreement contains representations and warranties of each of the Company, the Sellers and Verizon to the other parties to the Agreement regarding themselves and, as applicable, their respective subsidiaries.

The Agreement contains representations and warranties of the Sellers and Verizon, regarding, among other matters:

#### •

organization and authority;

#### •

enforceability;

#### •

non-contravention;

#### •

litigation; and

#### •

no brokers.

In addition, the Agreement contains the following representations and warranties of each Seller, regarding, among other matters:

#### •

the absence of liens on the Licenses;

#### •

title to the Licenses;

• no liabilities of Seller related to the Licenses;

• compliance with applicable laws relating to the Licenses;

#### •

enforceability and compliance with leases; and

#### •

taxes.

Finally, the Agreement contains the following representations and warranties of Verizon,