License Subsidiary definition

License Subsidiary means a direct or indirect wholly-owned Restricted Subsidiary of the Parent Borrower substantially all of the assets of which consist of Broadcast Licenses and related rights.
License Subsidiary has the meaning assigned to such term in Section 6.11.
License Subsidiary means one or more wholly-owned Restricted Subsidiaries of the Issuer (i) that holds, was formed for the purpose of holding or is designated to hold FCC Licenses for the launch and operation of Satellites or for the operation of any TT&C Earth Station (other than any FCC License held by Intelsat General Corporation or any of its Subsidiaries) and (ii) all of the shares of capital stock and other ownership interests of which are held directly by the Issuer or a Subsidiary Guarantor.

Examples of License Subsidiary in a sentence

  • Except as could not reasonably be expected to have a Material Adverse Effect, each of the Subject Licenses is held in the name of a License Subsidiary and is validly issued and in full force and effect, and the Borrower and its Restricted Subsidiaries have fulfilled and performed in all respects all of their obligations with respect thereto and have full power and authority to operate thereunder.

  • The court likewise stated that the Commission had not treated the nudity in a broadcast of the film Schindler’s List “differently—factually or legally—from a complaint for indecency based on a spoken utterance.” Id. at 29a (citing In re WPBN/WTOM License Subsidiary, Inc., 15 F.C.C.R. 1838 (2000)).The court of appeals’ analysis is flawed.

  • Found., In re, 69 F.C.C.2d 1250 (1978) 19WPBN/WTOM License Subsidiary, Inc., In re,15 F.C.C.R. 1838 (2000) 18Young Broad.

  • It would be illogical and counterproductive for the treatment of a senior secured claim to vary simply based on whether assets are sold at the FCC License Subsidiary level or an ownership change occurs at the parent level.

  • See BBC License Subsidiary, L.P., Memorandum Opinion and Order, 10 FCC Rcd 10968, 10973-74 (1995).


More Definitions of License Subsidiary

License Subsidiary means one or more wholly-owned Restricted Subsidiaries of the Borrower (i) that holds, was formed for the purpose of holding or is designated to hold FCC Licenses for the launch and operation of Satellites or for the operation of any TT&C Earth Station (other than any FCC License held by Intelsat General Corporation or any of its Subsidiaries) and (ii) all of the shares of capital stock and other ownership interests of which are held directly by the Borrower or a Subsidiary Guarantor.
License Subsidiary means Intelsat License LLC., a Delaware limited liability company, and any other Wholly Owned Subsidiary formed prior to the Signing Date and any Subsidiary Guarantor formed on or after the Petition Date, in each case, for the purpose of holding Subject Licenses to be used by the Borrower or any of its Restricted Subsidiaries in the operation of their respective businesses and all of the shares of capital stock and other ownership interests of which are held by a Subsidiary Guarantor.
License Subsidiary means any Wholly-Owned Subsidiary of the Borrower (or of a Subsidiary of the Borrower) formed solely for the purpose of holding FCC Licenses.
License Subsidiary means one or more Wholly-Owned Restricted Subsidiaries of the Issuer (i) that holds, was formed for the purpose of holding or is designated to hold FCC Licenses for the launch and operation of Satellites or for the operation of any TT&C Earth Station (other than any FCC License held by Intelsat General Corporation or any of its Subsidiaries) and (ii) all of the shares of capital stock and other ownership interests of which are held directly by the Issuer or a Subsidiary Guarantor.
License Subsidiary means a Subsidiary of the Borrower, the sole purpose of which shall be to hold the Operating Licenses of one operating Subsidiary and to perform functions incidental thereto.
License Subsidiary means (a) with respect to each Station that is an Owned Station on the Issue Date, the Subsidiary of the Company listed as the holder of the Broadcast Licenses for such Owned Station and (b) with respect to any Owned Station hereafter acquired by the Company or any of its Subsidiaries, the Subsidiary of the Company formed, created, or acquired after the Issue Date that holds the Broadcast Licenses for such Owned Station, and in each case any other Subsidiary into which any such License Subsidiary may be merged pursuant to the Bank Credit Agreement as in effect on the Issue Date.
License Subsidiary means Citadel License, Inc.