Common use of Breaches, Defaults Clause in Contracts

Breaches, Defaults. Do any act or omit to do any act, or permit any act or omission to occur, that will cause a breach of any contract, commitment or obligation of it or them in any respect that would have a material adverse effect on the Purchased Assets or the business operations of the Stations as presently conducted.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Citadel Communications Corp), Asset Purchase Agreement (Citadel License Inc), Asset Purchase Agreement (Citadel Communications Corp)

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Breaches, Defaults. Do any act or omit to do any act, or permit any act or omission to occur, that will cause a breach of any contract, commitment or obligation of it or them in any respect that would have a material adverse effect on the Purchased Company, the Assets or the business operations of the Stations as presently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Citadel License Inc)

Breaches, Defaults. Do any act or omit to do any act, or permit any act or omission to occur, that will cause a breach of any contract, commitment or obligation of it except as would not, individually or them in any respect that would the aggregate, have a material adverse effect on the Purchased Assets or the business operations of the Stations as presently conductedMaterial Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Citadel Broadcasting Co)

Breaches, Defaults. Do any act or omit to do any act, or permit any act or omission to occur, that will cause a breach of any contract, commitment or obligation of it or them in any respect that would have a material adverse effect on the Purchased Assets or the business operations of the Stations as presently conducted.. 7.4

Appears in 1 contract

Samples: Asset Purchase Agreement

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Breaches, Defaults. Do any act or omit to do any act, or permit any act or omission to occur, that will cause a breach of any contract, commitment or obligation of it or them in any respect that would have a material adverse effect on the Purchased Assets or the business operations of the Existing Radio Stations as presently conductedconducted and to the extent acquired, any Additional Radio Stations.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Citadel License Inc)

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