SEC Contract Filing

Filing Date: 2019-05-29

Document Content:
<DOCUMENT>
<TYPE>EX-10.17
<SEQUENCE>3
<FILENAME>sprintcorp10-kexhibit10172.htm
<DESCRIPTION>INCREMENTAL FACILITY AGREEMENT WITH JPMORGAN CHASE DATED 2/26/2019
<TEXT>
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<div><a name="seee9893fa9d048859c948b52654ffc1b"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:right;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Exhibit 10.17</font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">EXECUTION VERSION</font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">INCREMENTAL FACILITY AMENDMENT</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">INCREMENTAL FACILITY AMENDMENT, dated as of February 26, 2019 (this &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Amendment</font><font style="font-family:inherit;font-size:11pt;">&#8221;), among Sprint Communications, Inc. (the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Borrower</font><font style="font-family:inherit;font-size:11pt;">&#8221; or &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Company</font><font style="font-family:inherit;font-size:11pt;">&#8221;), the 2019 Incremental Lenders (as defined below) party hereto, the other parties hereto and JPMorgan Chase Bank, N.A., as administrative agent for the Lenders (in such capacity, the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Administrative Agent</font><font style="font-family:inherit;font-size:11pt;">&#8221;). Capitalized terms used herein but not otherwise defined have the meanings assigned to such terms in the Amended Credit Agreement (as hereinafter defined).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">W I T N E S S E T H:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">WHEREAS, the Borrower, the Guarantors party thereto, the several lenders from time to time party thereto prior to giving effect to this Amendment (the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Original Lenders</font><font style="font-family:inherit;font-size:11pt;">&#8221;, together with the 2019 Incremental Lenders, the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Lenders</font><font style="font-family:inherit;font-size:11pt;">&#8221;) and the Administrative Agent originally entered into the Credit Agreement, dated as of February 3, 2017 (as amended on November 26, 2018 and as otherwise amended, amended and restated, waived, consented to or otherwise modified prior to the date hereof, the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Original Credit Agreement</font><font style="font-family:inherit;font-size:11pt;">&#8221;), pursuant to which the Original Lenders made certain loans and other extensions of credit to the Borrower;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">WHEREAS, pursuant to Section 2.08(d) of the Original Credit Agreement, the Borrower has requested Incremental Term Loans in an aggregate principal amount equal to $900,000,000 (the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">2019 Incremental Term Loans</font><font style="font-family:inherit;font-size:11pt;">&#8221;) which shall constitute part of, and be added to, the outstanding Class of 2018 Incremental Term Loans and may be used for general corporate purposes of the Borrower and its Subsidiaries;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">WHEREAS, each Lender set forth on </font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Annex A</font><font style="font-family:inherit;font-size:11pt;">&#32;hereto (each, a &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">2019 Incremental Lender</font><font style="font-family:inherit;font-size:11pt;">&#8221; and collectively, the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">2019 Incremental Lenders</font><font style="font-family:inherit;font-size:11pt;">&#8221;) hereby commits to make the 2019 Incremental Term Loans to the Borrower on the Effective Date (as defined below) in an aggregate principal amount not to exceed the amount of its &#8220;2019 Incremental Term Loan Commitment&#8221; set forth next to such 2019 Incremental Lender&#8217;s name on </font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Annex A</font><font style="font-family:inherit;font-size:11pt;">; </font></div><div style="line-height:120%;pad