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 Sixty Thousand Dollars ($60,000) worth of air time without the Buyers' consent, provided that such Barter Agreements shall be for the benefit of the Stations. 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.

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 Sixty Twenty Thousand Dollars ($60,00020,000.00) worth of air time without the Buyers' consent, provided that such Barter Agreements shall be for the benefit of the Stations. 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, which obligations shall be assumed by Buyers.