Common use of Advertising Obligations Clause in Contracts

Advertising Obligations. The Seller shall satisfy its air time obligations for goods or services under its Advertising Contracts in the Ordinary Course of Business. On the Closing Date, the Seller shall deliver to the Operating Company a schedule, certified by an officer of the Seller, reflecting all such Advertising Contracts and the daily value thereof and outstanding balances thereunder 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)

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