Common use of Control Prior to Closing Clause in Contracts

Control Prior to Closing. This Agreement and, without limitation, the covenants in Article V, are not intended to and shall not be construed to transfer control of the Station or to give Buyer any right, directly or indirectly, to control, supervise or direct, or attempt to control, supervise or direct, the personnel, programming or finances, or any other matter relating to the operation of the Station prior to the Closing, and the Seller shall have ultimate control and supervision of all aspects of Station operations up to the time of the Closing.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Media General Inc), Asset Purchase Agreement (Media General Inc), Asset Purchase Agreement (Media General Inc)

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Control Prior to Closing. This Agreement and, without limitation, the covenants in Article V, are not intended to and shall not be construed to transfer control of the Station Stations or to give Buyer any right, directly or indirectly, to control, supervise or direct, or attempt to control, supervise or direct, the personnel, programming or finances, or any other matter relating to the operation of the Station Stations prior to the Closing, and the Seller or the LIN Companies, as applicable, shall have ultimate control and supervision of all aspects of Station the Stations’ operations up to the time of the Closing.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Media General Inc), Asset Purchase Agreement (LIN Media LLC), Asset Purchase Agreement (Mercury New Holdco, Inc.)

Control Prior to Closing. This Agreement and, without limitation, the covenants in Article V, are not intended to and shall not be construed to transfer control of the Station or to give Buyer any right, directly or indirectly, to control, supervise or direct, or attempt to control, supervise or direct, the personnel, programming or finances, or any other matter relating to the operation of the Station prior to the Closing, and WTGS TV, the Seller or the LIN Companies, as applicable, shall have ultimate control and supervision of all aspects of Station operations up to the time of the Closing.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Media General Inc), Asset Purchase Agreement (LIN Media LLC), Asset Purchase Agreement (Mercury New Holdco, Inc.)

Control Prior to Closing. This Agreement and, without limitation, the covenants in Article V, are not intended to and shall not be construed to transfer control of the Station Stations or to give Buyer any right, directly or indirectly, to control, supervise or direct, or attempt to control, supervise or direct, the personnel, programming or finances, or any other matter relating to the operation of the Station Stations prior to the Closing, and the Seller Xxxxxxxx, Tribune or their respective Affiliates, as applicable, shall have ultimate control and supervision of all aspects of Station the Stations’ operations up to the time of the Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Tribune Media Co), Asset Purchase Agreement (Sinclair Broadcast Group Inc)

Control Prior to Closing. This The parties acknowledge and agree that, for the purposes of the Communications Act, this Agreement and, without limitation, the covenants in Article V, are not intended to and shall not be construed to transfer control of the any Station or to give Buyer any rightright to, directly or indirectly, to control, supervise or direct, or attempt to control, supervise or direct, the personnelprogramming, programming or financesoperations, or any other matter relating to the operation of the any Station prior to the ClosingClosing Date, and the Seller shall have ultimate complete control and supervision of the programming, operations, policies and all aspects of other matters relating to each Station operations up to the time of the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sinclair Broadcast Group Inc)

Control Prior to Closing. This The parties acknowledge and agree that, for the purposes of the Communications Act, this Agreement and, without limitation, the covenants in Article V, are not intended to and shall not be construed to transfer control of the Station Stations or to give Buyer any rightright to, directly or indirectly, to control, supervise or direct, or attempt to control, supervise or direct, the personnelprogramming, programming or financesoperations, or any other matter relating to the operation of the Station Stations prior to the ClosingClosing Date, and the Seller Sellers and Xxxxxxxx shall have ultimate complete control and supervision of the programming, operations, policies and all aspects of Station operations other matters relating to the Stations up to the time of the Closing.

Appears in 1 contract

Samples: Option Agreement (Sinclair Broadcast Group Inc)

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Control Prior to Closing. This Agreement and, without limitation, the covenants in Article V, are not intended to and shall not be construed to transfer control of the Station or to give Buyer any right, directly or indirectly, to control, supervise or direct, or attempt to control, supervise or direct, the personnel, programming or finances, or any other matter relating to the operation of the Station prior to the Closing, and the Seller or Xxxxxxxxxx Company, as applicable, shall have ultimate control and supervision of all aspects of Station operations up to the time of the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Media General Inc)

Control Prior to Closing. This The parties acknowledge and agree that, for the purposes of the Communications Laws, this Agreement and, without limitation, the covenants in Article V, are not intended to and shall not be construed to transfer control of the any Station or to give Buyer any rightright to, directly or indirectly, to control, supervise or direct, or attempt to control, supervise or direct, the personnelprogramming, programming or financesoperations, or any other matter relating to the operation of the any Station prior to the ClosingClosing Date, and the Seller FCC Licensees shall have ultimate complete control and supervision of the programming, operations, policies and all aspects of other matters relating to each Station operations up to the time of the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sinclair Broadcast Group Inc)

Control Prior to Closing. This Agreement andThe parties acknowledge and agree that, without limitationfor the purposes of the Communications Laws, this Agreement, including the covenants in Article V, are not intended to and shall not be construed to transfer control Control of the Station Stations or to give Buyer any rightright to, directly or indirectly, to controlControl, supervise or direct, or attempt to controlControl, supervise or direct, the personnelprogramming, programming or financesoperations, or any other matter relating to the operation of the Station Stations prior to the ClosingClosing Date, and the Seller shall have ultimate control complete Control and supervision of the programming, operations, policies and all aspects of Station operations other matters relating to the Stations up to the time of the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement

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