Nevada Amendment No. 7 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company: A Comprehensive Overview Keywords: Nevada Amendment No. 7, Managed Network Agreement, Sprint Communications Company, LP, Bridge Data Company Introduction: The Nevada Amendment No. 7 to the Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company is an essential legal document outlining important modifications and provisions to the existing agreement between the two parties. This detailed description aims to shed light on the key aspects and types of amendments found in this agreement. Types of Amendments: 1. Scope Extension: One significant type of amendment pertains to the extension of the agreement's scope. This encompasses broadening the range of services offered or expanding the coverage area. Sprint Communications and Bridge Data might have agreed to provide additional network services in previously uncharted territories within Nevada, enabling improved connectivity and communication for users in those areas. 2. Pricing and Fee Updates: Another type of amendment found in Nevada Amendment No. 7 focuses on pricing and fee adjustments. As business requirements evolve, the parties involved might have agreed to revise the financial terms, ensuring fair compensation for services rendered. This could involve alterations to monthly service charges, maintenance fees, or any additional costs associated with the Managed Network Agreement. 3. Performance Enhancements: Amendments can also address performance enhancements within the network infrastructure. Sprint Communications and Bridge Data might have agreed to certain improvements or upgrades, such as increased bandwidth, enhanced security measures, or improved reliability. These upgrades aim to provide the end users with a better overall experience while utilizing the network services. 4. Contractual Obligations: In some cases, amendment No. 7 may include modifications related to the contractual obligations of each party. This could entail changes to compliance procedures, service level agreements, dispute resolutions, and other legal obligations. The amendment ensures that both Sprint Communications and Bridge Data remain aligned with the evolving legal landscape and industry practices. 5. Duration and Renewal Terms: The duration and renewal terms of the Managed Network Agreement may also be subject to amendment under Nevada Amendment No. 7. This type of amendment might involve the extension or reduction of the agreement's term, subsequent automatic renewals, early termination provisions, or any other updates related to the agreement's duration. Conclusion: Nevada Amendment No. 7 to the Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company encompasses several types of amendments designed to improve and adjust the existing agreement according to the evolving needs of both parties. These amendments can involve expansions in the agreement's scope, pricing and fee updates, performance enhancements, contractual obligations, and duration/renewal terms. By diligently addressing these aspects, the amendment ensures a mutually beneficial and sustainable partnership between Sprint Communications and Bridge Data within the Nevada market.
Nevada Amendment No. 7 to Managed Network Agreement between Sprint Communications Company, LP and Bridge Data Company
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