Control of Station. Subject to the LMA, between the date of this Agreement and the Closing Date, Buyer shall not control, manage or supervise the operation of the Station or the conduct of its business, all of which shall remain the sole responsibility of and under the control of Seller.
Appears in 3 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Salem Media Group, Inc. /De/), Asset Purchase Agreement (Salem Media Group, Inc. /De/)
Control of Station. Subject to the terms and conditions of the LMA, between the date of this Agreement and the Closing Date, Buyer shall not control, manage manage, or supervise the operation of the Station or the conduct of its business, all of which shall remain the sole responsibility of and under the control of Seller, subject to Seller's compliance with this Agreement.
Appears in 1 contract
Samples: Asset Purchase Agreement (Salem Communications Corp /De/)
Control of Station. Subject to the terms and conditions of the LMA, between the date of this Agreement and the Closing Date, Buyer shall not control, manage or supervise the operation of the Station or the conduct of its business, all of which shall remain the sole responsibility of and under the control of Seller, subject to Seller's compliance with this Agreement.
Appears in 1 contract
Samples: Asset Purchase Agreement (Salem Communications Corp /De/)
