Buyer’s Qualification Sample Clauses

Buyer’s Qualification. At Closing, Buyer shall be qualified and shall meet all requirements, including bonding requirements, to be designated operator of that portion of the Assets for which Seller serves as operator.

Buyer’s Qualification. At Closing, Buyer shall be qualified and shall meet all requirements, comparable to the bonding requirements that have been imposed on Seller that are described on Schedule 5.13, to be designated operator of that portion of the Wind River/Powder River Assets for which Seller serves as operator. It is understood and agreed that certain Governmental Authorities may require Buyer to provide higher levels of financial security than they required of Seller. Buyer shall provide all such additional security in order to meet all requirements necessary for Buyer to be designated as operator of the Wind River/Powder River Assets. Buyer shall cooperate with Seller to facilitate the release by Governmental Authorities of Seller’s bonds described on Schedule 5.13.

Buyer’s Qualification. At Closing, Buyer shall be qualified and shall meet all requirements, comparable to the bonding requirements that have been imposed on Seller that are described on Schedule 5.13, to be designated operator of that portion of the Assets for which Seller serves as operator. It is understood and agreed that certain Governmental Authorities may require Buyer to provide higher levels of financial security than they required of Seller. Buyer shall provide all such additional security in order to meet all requirements necessary for Buyer to be designated as operator of the Assets. Buyer shall cooperate with Seller to facilitate the release by Governmental Authorities of Seller’s bonds described on Schedule 5.13.

Buyer’s Qualification. Apart from the requirement of obtaining the FCC Consent, Buyer is legally, financially, and technically qualified to acquire, and to become the FCC licensee of, the Station and to perform its obligations under this Agreement.

Buyer’s Qualification. Upon its deposit of the Xxxxxxx Money Deposit with the Escrow Agent, the Buyer will be legally, technically and financially qualified to become a licensee of the FCC and to complete the transactions contemplated by this Agreement, and know of no reason why the FCC should not approve the Assignment Application.

Buyer’s Qualification. Buyer has no knowledge of matters which might reasonably be expected to result in the FCC's denial or delay of approval of the transfer to Buyer of any FCC License or the imposition of any Material Adverse Condition in connection with approval of the transfer to Buyer of any FCC License.

Buyer’s Qualification. To the best of Buyer's knowledge, it is legally, financially and otherwise qualified under the rules and regulations of the Commission and the Communications Act of 1934, as amended, to become the owner, operator and licensee of the Stations and BMS.

Buyer’s Qualification. (a) Buyer is, and pending Closing will remain, legally, financially and otherwise qualified under the Communications Act and all rules, regulations and policies of the FCC to acquire and operate the Stations. Buyer has no knowledge of matters which might reasonably be expected to result in the FCC's refusal to grant or delay approval of the transfer to Buyer of any FCC License or the imposition of any Material Adverse FCC Condition in connection with approval of the transfer to Buyer of any FCC License. To Buyer's knowledge, and except for FCC approval of Buyer's continued operation of KAII(TV) and KAHW(TV) as satellite television stations, no waiver of any FCC rule or policy is necessary to be obtained for the grant of the applications for the assignment of the FCC Licenses to Buyer, nor will processing pursuant to any exception or rule of general applicability be requested or required in connection with the consummation of the transactions herein. (b) As of the date hereof and through the later to occur of the HSR Filing and the filing of the FCC Applications, neither Buyer nor any Affiliate of Buyer (a) owns, controls or operates any television or radio station located in any DMA in which a Station is located; (b) has any direct or indirect interest, including, without limitation, any equity, debt, security or any other financial interest, whether or not "attributable" (as defined in the rules and regulations of the FCC), or management interest, in (i) any television or radio station located in any DMA in which a Station is located, or (ii) any applicant seeking to construct or acquire, by assignment of license or transfer of control, any such television or radio station (an "Applicant"); or (c) is a party to any TBA with a television or radio station located in any DMA in which a Station is located, or with any Applicant. Buyer acknowledges and agrees that the representations set forth in this Section 4.7(b) shall take into account and include (a) the consummation of any proposed or pending acquisition (as of the date hereof and through the later to occur of the HSR Filing and the filing of the FCC Applications) of television or radio stations (including the acquisition of the Stations) by Buyer or any Affiliate of Buyer or any Applicant, and (b) any TBA or proposed or pending TBA (as of the date hereof and through the later to occur of the HSR Filing and the filing of the FCC Applications) to which Buyer or any Affiliate of Buyer is or may become a pa...

Buyer’s Qualification. At the closing, the Buyer will be legally, financially and otherwise qualified under the rules and regulations of the Commission and the Communications Act of 1934, as amended, to become the owner, operator and licensee of the Stations.

Buyer’s Qualification. Except as set forth in Schedule 4.7 and as contemplated by the Transition Agreement and Section 6.8 hereof, at and as of the Closing Date, Buyer has and will have the financial and other capability to meet any and all financial and other requirements imposed in connection with the Transferred Contracts and otherwise required in connection with obtaining any and all performance bonds required thereunder.