Common use of Buyer Qualifications Clause in Contracts

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.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Paxson Communications Corp), Asset Purchase Agreement (Paxson Communications Corp), Asset Purchase Agreement (Paxson Communications Corp)

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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 amendednow in effect, the Telecommunications Act of 1996, and the rules, regulations and policies of the FCCFCC as now in effect. 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

Buyer Qualifications. Buyer is legally, financially and otherwise qualified to be the licensee of, of and acquire, own and operate the Station Stations and hold the Construction Permit 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 StationStations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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 amendednow 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. P. 73.3555(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 assignee of the FCC Licenses or as the owner and operator of the Station.existing

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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 amendednow in effect, and the rules, regulations and policies of the FCCFCC as now in effect. 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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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 amendednow in effect, and the rules, regulations and policies of the FCCFCC as now in effect. Buyer knows of no fact that would, under existing law and the existing rules, regulations, policies and procedures of the FCC FCC, disqualify Buyer as an assignee of the FCC Licenses or as the owner and operator of the Station.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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 amendednow in effect, and the rules, regulations and policies of the FCCFCC as now in effect and to perform its obligations hereunder. 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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