Common use of Compliance with Regulatory Rules Clause in Contracts

Compliance with Regulatory Rules. In connection with the provision of the Services under this Agreement, Manager shall comply in all material respects with the rules and regulations of the FCC. Each Party agrees to immediately deliver to the other Party any material notices, filings, orders, or other documents from the FCC which relate to the Network, the Licenses or the business of Licensee, promptly after receipt thereof. The Parties also agree that, in the event that a new law or decision by a telecommunications regulatory authority at the federal, state or local level necessitates modifications in this Agreement, the Parties will negotiate in good faith to modify this Agreement in light of such law or decision and in doing so, shall attempt to preserve and maintain the respective economic benefits arising from this Agreement.

Compliance with Regulatory Rules. In connection with the provision of the Services under this Agreement, Manager shall comply in all material respects with the rules and regulations of the FCC. Each Party agrees to immediately deliver to the other Party any material notices, filings, orders, or other documents from the FCC which relate to the Network, the Licenses Licenses, or the business of Licensee, promptly after receipt thereof. The Parties also agree that, in the event that a new law or decision by a telecommunications regulatory authority at the federal, state state, or local level necessitates modifications in this Agreement, the Parties will negotiate in good faith to modify this Agreement in light of such law or decision and and, in doing so, shall attempt to preserve and maintain the respective economic benefits arising from this Agreement.