Covenants of the Belo Entities. Pending the First Closing -------------------------------------------------------- The Belo Entities covenant and agree that from the date hereof until the First Closing: CORPDAL:69976.6 10861-00052 25
Covenants of the Belo Entities. During the period from the date of this Agreement and continuing to the First Closing Date, the Belo Entities agree that the Belo Entities will not and will not permit CPMCO or TVFN to take any action that would or is reasonably likely to result in any of the conditions to the First Closing set forth in Article VII not being satisfied or that would materially impair the ability of the Belo Entities to consummate the transactions contemplated herein in accordance with the terms hereof or would materially delay such consummation, and the Belo Entities shall promptly advise Scripps orally and in writing of any change in, or event with respect to, the business or operations of the Belo Entities, CPMCO or TVFN having, or which insofar as can reasonably be foreseen, could have, a material adverse effect on the ability of the Belo Entities to consummate the transactions contemplated hereby.
