Common use of Clear Channel Station Assets Clause in Contracts

Clear Channel Station Assets. On the terms and subject to the conditions hereof, on the Closing Date (defined below), Clear Channel shall assign, transfer, convey and deliver to Exchange Party, and Exchange Party shall acquire from Clear Channel, all of the right, title and interest of Clear Channel in and to all of the assets, properties, interests and rights of Clear Channel of whatsoever kind and nature, real and personal, tangible and intangible, which are used exclusively in the operation of the Clear Channel Stations and specifically described in this Section 1.1, but excluding the Clear Channel Excluded Assets as hereafter defined (the "Clear Channel Station Assets"):

Appears in 4 contracts

Samples: Asset Exchange Agreement (Cumulus Media Inc), Asset Exchange Agreement (Clear Channel Communications Inc), Asset Exchange Agreement (Clear Channel Communications Inc)

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Clear Channel Station Assets. On the terms and subject to the conditions hereof, on the Closing Date (defined below), Clear Channel shall assign, transfer, convey and deliver to Exchange Party, and Exchange Party shall acquire from Clear Channel, all of the right, title and interest of Clear Channel in and to all of the assets, properties, interests and rights of Clear Channel of whatsoever kind and nature, real and personal, tangible and intangible, which are used exclusively in the operation of the Clear Channel Stations and specifically described in this Section 1.1, but excluding the Clear Channel Excluded Assets as hereafter defined (the "Clear Channel Station Assets"):

Appears in 2 contracts

Samples: Asset Exchange Agreement (Regent Communications Inc), Asset Exchange Agreement (Capstar Broadcasting Partners Inc)

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