In addition, the DISH Proposal would require Clearwire to terminate the note purchase agreement under which Sprint has agreed to provide interimfinancing to Clearwire and is conditional upon the consummation of the spectrum purchase and Clearwire being in compliance with the commercial agreement (both as described above).
Two of Intend's four partners are serving as interim chief executives at portfolio companies, where they're variously grappling with new business models, raising additional financing, devising marketing plans and making strategic alliances.