Channel Sharing Application Sample Clauses

Channel Sharing Application. Within ten (10) business days following receipt by the Escrow Agent or the Qualified Intermediary of the Auction Proceeds, ▇▇▇▇▇▇ shall prepare and file with the FCC a minor-change application for a construction permit authorizing the Sharee’s Station to operate from Sharer’s Station’s facilities. Following grant of the Sharee’s Station minor-change application, the parties shall each expeditiously prepare license applications to effect a move of Sharee’s Station to the Shared Channel. The license applications shall be timely filed with the FCC on a date mutually agreed upon by the parties, subject to any applicable FCC deadlines and extensions set forth in the Channel Sharing Rules (such filing date, the “Commencement Date”). Each party will provide to the other party a copy of such application at least five (5) business days prior to filing such application at the FCC. Each party shall bear its own expenses with respect to the preparation and filing of the FCC application(s) required for its respective Station to implement this Agreement. Upon the Commencement Date, the parties shall commence channel sharing in accordance with the terms of this Agreement. At such time, Sharee’s Station shall terminate operations on its pre-Incentive Auction channel, and it shall commence shared operations on the Shared Channel.