Extract to table

The memorandum is intended to identify any unjust enrichment payment obligations, holding-period transfer restrictions, or broader anti-trafficking prohibitions that may apply to the proposed assignment and, if so, to quantify any financial exposure or identify procedural requirements that must be satisfied before consummation

When a licensee that received bidding credits seeks to assign or transfer control of a license within the applicable holding period, the licensee is required to repay the government the value (or a declining portion of the value) of the bidding credit discount

If such a licensee seeks to assign or transfer control of a license within a defined holding period following the initial license grant, the licensee must repay to the United States Treasury the unjust enrichment amount, calculated as a percentage of the bidding credit received

2110, the revenues of the applicant's affiliates and controlling interests must be aggregated with the applicant's own revenues for purposes of determining DE eligibility