Sprint expects that, promptly after receipt of the requisite consents at or prior to the Expiration Time, we will give notice to The Bank of New York Mellon Trust Company, N.A. (the “ Trustee”) that the requisite consents have been obtained and Sprint, the subsidiary guarantors of the Notes, as applicable, and the Trustee will execute the supplemental indenture (the “ New Supplemental Indenture”) that will amend the Indenture. Holders will not be able to revoke their consents after the execution (such time, the “ Effective Time”) of the New Supplemental Indenture. Holders should note that the Effective Time may be prior to the Expiration Time and holders will not be given prior notice of such Effective Time.The consent solicitation will expire at 5:00 p.m., New York City time, on November 19, 2012 (as such date may be extended by Sprint in its sole discretion) (the “ Expiration Time”). Payment of the consent fee will be made promptly after the Expiration Time. Sprint in its sole discretion may terminate the consent solicitation without the obligation to make any cash payment at any time prior to the Effective Time, whether or not the requisite consents have been received. Except for the Proposed Amendments, all of the existing terms of the Notes and the Indenture will remain unchanged.
Sprint Announces Consent Solicitation With Respect To Certain Series Of Notes
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