Buyer Qualifications Sample Clauses
The Buyer Qualifications clause sets out the specific requirements or standards that a buyer must meet to participate in a transaction or agreement. Typically, this clause may require the buyer to demonstrate financial stability, relevant experience, or compliance with certain legal or regulatory standards. For example, a seller might require proof of funds or a history of successful similar purchases. The core function of this clause is to ensure that only capable and reliable buyers are considered, thereby reducing the risk of default or complications during the transaction process.
Buyer Qualifications. Buyer is legally, financially and otherwise qualified to be the licensee of, acquire, own and operate the Station under the Communications Act of 1934, as amended, and the rules, regulations and policies of the FCC. Buyer knows of no fact that would, under existing law and the existing rules, regulations, policies and procedures of the FCC disqualify Buyer as assignee of the FCC Licenses or as the owner and operator of the Station.
Buyer Qualifications. 20 4.5 Brokers ..................................................... 20 4.6
Buyer Qualifications. 24 5.6 Litigation.........................................................24 5.7
Buyer Qualifications. Buyer is, and as of the Closing will be, legally, financially and otherwise qualified to perform its obligations hereunder and to be the licensee of and to acquire, own and operate the Station under the Communications Act of 1934, as amended, and the rules, regulations and policies of the FCC. Buyer knows of no fact that would disqualify Buyer as assignee of the FCC Licenses or as the owner and operator of the Station. To Buyer's knowledge, no waiver of any FCC rule or policy is required for the grant of the FCC Consent.
Buyer Qualifications. Buyer is legally, technically, financially and -------------------- otherwise qualified under the Communications Act to hold the FCC Authorizations and to consummate the transactions contemplated hereby. Buyer has no knowledge of any fact that would, under existing law (including the Communications Act), disqualify Buyer as an assignee of the FCC Authorizations.
Buyer Qualifications. Buyer is legally, financially and otherwise qualified to be the licensee of, acquire, own and operate the Station under the Communications Act of 1934, as now in effect, the Telecommunications Act of 1996, and the rules, regulations and policies of the FCC as now in effect. Subject to obtaining a waiver of the FCC's one-to-a-market rule (47 C.F.R. ss.73.35555(c)), Buyer knows of no fact that would, under existing law and the existing rules, regulations, policies and procedures of the FCC disqualify Buyer as an assignee of the FCC Licenses or as the owner and operator of the Station.
Buyer Qualifications. 18 4.6 Financing.............................................................................18 4.7 Insolvency. .........................................................................18
Buyer Qualifications. To Buyer's knowledge, except as set forth on Schedule 4.4, Buyer is legally, financially and otherwise qualified to be the licensee of, acquire, own and operate the Earth Stations under the Communications Act, and the rules, regulations and policies of the FCC. Buyer knows of no fact that would, under existing law and the existing rules, regulations, policies and procedures of the FCC (a) disqualify Buyer as an assignee of the FCC Licenses or as the owner and operator of any of the Earth Stations or (b) cause the FCC to fail to approve in a timely fashion any of the applications for the FCC Consents.
Buyer Qualifications. Buyer is legally, technically, financially and otherwise qualified as, and is not taking action or contemplating taking action that might disqualify it from being, under present or pending law (including the Communications Act) and present and pending rules, regulations and published policies or practices of the FCC, DOJ or FTC, the holder of the Station Licenses, as an owner or operator of the Business or of the Station, or as the owner of any or all of the Assets. Buyer knows of no fact, reason or proceeding that would: (i) disqualify Buyer as the assignee of the Station Licenses; (ii) cause the FCC to fail to approve in a timely fashion the Assignment Application; or (iii) cause the filing of any objection to the Assignment Application. Buyer further represents and warrants that it is financially qualified to meet all terms, conditions and undertakings contemplated by this Agreement, including the payment of the Purchase Price.
Buyer Qualifications. Each Buyer is, and as of the Closing will be, legally, financially and otherwise qualified to perform its obligations hereunder and to be the licensee of and to acquire, own and operate the Station proposed to be acquired, owned and operated by such Buyer under the Act and the rules, regulations and policies of the FCC. To Buyers' knowledge, no waiver of any FCC rule or policy is required for the grant of the FCC Consents.