Common use of Compliance with Communications Act Clause in Contracts

Compliance with Communications Act. Anything in this Agreement to the contrary notwithstanding, the Agent shall not take any action hereunder in violation of the Communications Act, and shall not vote any of the Pledged Shares, and no sale of the Pledged Collateral or transfer thereof to the Agent or to the Agent's nominees shall be made without such (if any) approval of the FCC as may be required by the Communications Act. Neither the Agent nor any other Person other than the duly licensed Pledgor shall operate or otherwise exercise any control over the Station licensed to such Pledgor without first having received such prior approval of the FCC as shall then be required. In the event any such approval shall be required, each Pledgor absolutely and unconditionally agrees to execute upon the request of the Agent, and absolutely and unconditionally agrees to use its best efforts, upon the request of the Agent, to cause the execution of, all such applications and other instruments as may be necessary to obtain promptly such approval.

Compliance with Communications Act. Anything in this Agreement to the contrary notwithstanding, the Agent shall not take any action hereunder in violation of the Communications Act, and shall not vote any of the Pledged SharesUnits, and no sale of the Pledged Collateral or transfer thereof to the Agent or to the Agent's nominees shall be made without such (if any) approval of the FCC as may be required by the Communications Act. Neither the Agent nor any other Person other than the duly licensed Pledgor shall operate or otherwise exercise any control over the Station licensed to such the Pledgor without first having received such prior approval of the FCC as shall then be required. In the event any such approval shall be required, each the Pledgor absolutely and unconditionally agrees to execute upon the request of the Agent, and absolutely and unconditionally agrees to use its best efforts, upon the request of the Agent, to cause the execution of, all such applications and other instruments as may be necessary to obtain promptly such approval.

Compliance with Communications Act. Anything in this Agreement to the contrary notwithstanding, the Agent shall not take any action hereunder in violation of the Communications Act, and shall not vote any no transfer of the Pledged Shares, and no sale of the Pledged Collateral or transfer thereof License Proceeds to the Agent or to the Agent's nominees shall be made without such (if any) approval of the FCC or any other applicable Licensing Authority as may be required by the Communications Act. Neither the Agent nor any other Person other than the duly licensed Pledgor Debtor shall operate or otherwise exercise any control over the Station licensed to such Pledgor Debtor without first having received such prior approval of the FCC or any other applicable Licensing Authority as shall then be required. In the event any such approval shall be required, each Pledgor Debtor absolutely and unconditionally agrees to execute upon the request of the Agent, and absolutely and unconditionally agrees to use its best efforts, upon the request of the Agent, to cause the execution of, all such applications and other instruments as may be necessary to obtain promptly such approval.