Common use of Advertising Obligations Clause in Contracts

Advertising Obligations. The Seller shall satisfy its air time obligations under its agreements for sale of air time and advertising on the Stations for goods or services ("Barter Agreements") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Thousand Dollars ($5,000.00) worth of air time without the Buyers' consent. On the Closing Date, the Seller shall deliver to the Buyers a schedule, certified by an officer of the Seller, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 12 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

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Advertising Obligations. The Seller shall satisfy its air time obligations under its agreements for sale of air time and advertising on the Stations Station for goods or services ("Barter Agreements") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Thousand Dollars ($5,000.00) worth of air time without the Buyers' consent. On the Closing Date, the Seller shall deliver to the Buyers a schedule, certified by an officer of the Seller, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 11 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Advertising Obligations. The Seller Sellers shall satisfy its air time obligations under its agreements for sale of air time and advertising on the Stations Station for goods or services ("Barter Agreements") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Ten Thousand Dollars ($5,000.0010,000.00) worth of air time without the Buyers' consent. On the Closing Date, the Seller Sellers shall deliver to the Buyers a schedule, certified by an officer of the SellerSellers, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Advertising Obligations. The Seller Company shall satisfy its air time obligations under its agreements for sale of air time and advertising on the Stations Advertising Contracts for goods or services ("Barter Agreements") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date (taking into account both trade receivables and trade payables) shall not exceed Five Thousand Dollars ($5,000.005,000) worth of air time without the Buyers' consenttime. On the Closing Date, the Seller Sellers shall deliver to the Buyers Buyer a schedule, certified by an officer of the SellerCompany, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Cumulus Media Inc), Stock Purchase Agreement (Cumulus Media Inc)

Advertising Obligations. The Seller Sellers shall satisfy its air time obligations under its agreements for sale of air time and advertising on the Stations Station for goods or services ("Barter Agreements") such that the outstanding aggregate negative balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Thousand Dollars ($5,000.00) worth of air time without the Buyers' consent. On the Closing Date, the Seller Sellers shall deliver to the Buyers a schedule, certified by an officer of the SellerSellers, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Advertising Obligations. The Seller Sellers shall satisfy its the Sellers' air time obligations under its the Sellers' agreements for sale of air time and advertising on the Stations for goods or services ("Barter Agreements") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Thousand Dollars ($5,000.00) worth of air time without the Buyers' consent. On the Closing Date, the Seller Sellers shall deliver to the Buyers a schedule, certified by an officer of the SellerSellers, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Advertising Obligations. The Seller shall satisfy its air time obligations under its agreements for sale of air time and advertising on the Stations for goods or services ("Barter Agreements") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Thousand Dollars ($5,000.00) worth of air time without the Buyers' Buyer's consent. On the Closing Date, the Seller shall deliver to the Buyers Buyer a schedule, certified by an officer of the Seller, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Advertising Obligations. The Seller shall satisfy its air time obligations under its agreements for sale of air time and advertising on the Stations for goods or services ("Barter Agreements") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Twelve Thousand Dollars ($5,000.0012,000) worth of air time without the Buyers' consentwith respect to any single Station. On the Closing Date, the Seller shall deliver to the Buyers Buyer a schedule, certified by an officer of the Seller, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

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Advertising Obligations. The Seller Sellers shall satisfy its their air time obligations under its their agreements for sale of air time and advertising on the Stations for goods or services ("Barter Agreements") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Thousand Dollars ($5,000.00) worth of air time without the Buyers' consenttime. On the Closing Date, the Seller Sellers shall deliver to the Buyers Buyer a schedule, certified by an officer of the Seller, each Seller reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Advertising Obligations. The Seller shall satisfy its air time obligations under its agreements for sale of air time and advertising on the Stations for goods or services ("Barter AgreementsBARTER AGREEMENTS") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Ten Thousand Dollars ($5,000.0010,000.00) worth of air time without the Buyers' consent. On the Closing Date, the Seller shall deliver to the Buyers a schedule, certified by an officer of the Seller, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Advertising Obligations. The Seller shall satisfy its air time obligations under its agreements for sale of air time and advertising on the Stations Station for goods or services ("Barter Agreements") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Fifteen Thousand Dollars ($5,000.0015,000.00) worth of air time without the Buyers' consent. On the Closing Date, the Seller shall deliver to the Buyers a schedule, certified by an officer of the Seller, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Advertising Obligations. The Seller Sellers shall satisfy its air time obligations under its agreements for sale of air time and advertising on the Stations Sellers for goods or services ("Barter Agreements") such that the outstanding aggregate balance owing under all Barter Agreements as of the Closing Date shall not exceed Five Thousand Dollars ($5,000.00) worth of air time without the Buyers' consent. On the Closing Date, the Seller Sellers shall deliver to the Buyers a schedule, certified by an officer of the SellerSellers, reflecting the aggregate outstanding balances under all Barter Agreements in existence as of the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

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