Company: UZF
Filing Date: 2025-01-23
Form Type: DEFM14C
Source: 0000821130-25-000013
Chunk: 92

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-23
Form: DEFM14C
Chunk 92
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 Governmental Authority in connection with the Transactions except that Purchaser shall retain sole discretion over any such understandings, undertakings, or agreements related solely to Divestitures of any spectrum licenses held by Purchaser that are not the subject of this Transaction. To the extent that confidential information of either Party is required to be filed with any Governmental Authority, the Party submitting such information shall, prior to such disclosure, (A) notify the Party whose confidential information is to be disclosed, and (B) together with the Party whose information is to be disclosed, seek and use reasonable best efforts to secure confidential treatment of such information pursuant to the applicable protective order or other confidentiality procedures of such Governmental Authority.

Section 5.3. Appropriate Regulatory Action

(a) For purposes of Section 5.1(a), Section 5.2 and this Section 5.3, “reasonable best efforts” of the Parties shall include (i) taking reasonable actions and steps that are necessary or advisable to avoid any adverse Action by any Governmental Authority related to the Transactions, (ii) defending any Actions to which it or any of its Affiliates is a party challenging the Transactions, (iii) solely with respect to the operation and use of the Licenses, conducting its business in a specified manner, or proposing and agreeing or permitting to conduct its businesses in a specified manner, including by agreeing to undertakings required by a Governmental Authority that Purchaser or any of its Affiliates will take after or in connection with the Closing, or refrain from taking, any action, and (iv) otherwise proposing, negotiating, committing to and effecting Divestitures or any other limitations, conditions or actions that after the Closing would limit Purchaser’s, or any of its respective Affiliates’ freedom of action with respect to, or their ability to hold or operate, one or more of the Licenses, in each case to the extent required to obtain any Required Regulatory Approval or avoid any such adverse Action by any Governmental Authority (each of the actions described in clauses (i), (iii) and (iv), a “Remedial Action”), in each case subject to the limitations in Section 5.3(b).

(b) Unless otherwise agreed to in writing by the Parties, the effectiveness of any Remedial Action shall be conditioned upon the applicable Closing. Except to the extent not resulting in any effect provided in clause (i) of the definition of In Footprint King Street Regulatory Material Effect, Out of Footprint King Street Regulatory Material