Common use of Communications Regulatory Matters Clause in Contracts

Communications Regulatory Matters. (a) The business of the Borrower and its Subsidiaries is being conducted in compliance with the applicable Communications Laws and the State Telecommunications Laws, and the terms of its Cable Franchise Agreements, Licenses, and Governmental Authorizations, except as would not reasonably be expected to have a Material Adverse Effect. The Borrower and its Subsidiaries possess all Cable Franchise Agreements, Licenses, and Governmental Authorizations issued by the FCC, PUCs, and cable franchising authorities necessary to conduct their respective businesses as currently conducted, except as would not reasonably be expected to have a Material Adverse Effect.