Company: UZF
Filing Date: 2025-01-14
Form Type: PREM14C
Source: 0000821130-25-000007
Chunk: 96

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-14
Form: PREM14C
Chunk 96
---
 arising (i) out of or in connection with Purchaser’s use, possession, ownership or operation of (A) the USCC Acquired Assets first arising or becoming known, from and after the USCC Closing or attributable to taxable periods (or portions thereof) beginning after the USCC Closing, (B) the In Footprint King Street Acquired Assets first arising or becoming known, from and after the In Footprint King Street Closing or attributable to taxable periods (or portions thereof) beginning after the In Footprint King Street Closing, and (C) the Out of Footprint King Street Acquired Assets first arising or becoming known, from and after the Out of Footprint King Street Closing or attributable to taxable periods (or portions thereof) beginning after the Out of Footprint King Street Closing, or (ii) under the Outbound Spectrum Leases to the extent assigned in part or in full to Purchaser at a Closing but only to the extent that such liabilities and obligations thereunder relate to the Licenses and are required to be performed on or after such Closing by Purchaser or any Affiliate of Purchaser and do not relate to any FCC licenses or spectrum that is not being acquired by Purchaser as part of the Transactions or to any failure to perform, improper performance, other breach, default or violation by Sellers prior to such Closing (each an “Assumed Liability” and collectively the “Assumed Liabilities”). Each Seller will retain all liabilities and obligations arising out of or in connection with such Seller’s use, possession, ownership or operation of its Licenses and the use or operation of its Licenses by any Affiliate or by any lessee under any Outbound Spectrum Lease, and such Seller’s performance or nonperformance under the Outbound Spectrum Leases in each case prior to and through the applicable Closing or to the extent not assigned in part or in full to Purchaser; provided, however, in each case, 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 resulting from any action or inaction by Purchaser that constitutes a breach of Purchaser’s obligations under such short-term spectrum manager lease.

(b) Any Transfer Taxes shall be borne fifty percent (50%) by Purchaser and fifty percent (50%) by Sellers. Any Tax Returns that must be filed in connection with Transfer Taxes shall be prepared and filed when due by the Party primarily or customarily responsible under applicable Law for filing such Tax Returns, and such Party