Common use of Engineering Study Clause in Contracts

Engineering Study. Buyer may, at its option and expense, retain an engineering firm to conduct a proof of performance study of the Station and to prepare a report on the Station's compliance with customary engineering practices and all applicable FCC rules, regulations, prescribed practices, and technical standards and such study and report shall be completed within 30 days from the date hereof. If the survey discloses any material deficiencies in the operations or equipment of the Station, Buyer shall so notify Seller no later than 40 days from the date hereof.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Paxson Communications Corp), Asset Purchase Agreement (Paxson Communications Corp), Asset Purchase Agreement (Paxson Communications Corp)

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Engineering Study. Buyer may, at its option and expense, retain an engineering firm to conduct a proof of performance study of the Station Stations and to prepare a report on the Station's Stations' compliance with customary engineering practices and all applicable FCC rules, regulations, prescribed practices, and technical standards standards, and such study and report shall be completed within 30 45 days from the date hereof. If the survey discloses any material deficiencies in the operations or equipment of the StationStations, Buyer shall so notify Seller Sellers no later than 40 55 days from the date hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

Engineering Study. Buyer may, at its option and expenseexpense and within thirty (30) days of the date hereof, retain an engineering firm to conduct a proof of performance study of the Station and to prepare a report on the Station's compliance with customary engineering practices and all applicable FCC rules, regulations, prescribed practices, and technical standards and such study and report shall be completed within 30 days from the date hereofstandards. If the survey discloses any material deficiencies in the operations or equipment of the Station, Buyer shall so notify Seller no later than 40 days from the date hereofas soon as practicable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

Engineering Study. Buyer may, at its option and expense, retain an engineering firm to conduct a proof of performance study of the Station and to prepare a report on the Station's compliance with customary engineering practices and all applicable FCC rules, regulations, prescribed practices, and technical standards standards, and such study and report shall be completed within 30 45 days from the date hereof. If the survey discloses any material deficiencies in the operations or equipment of the Station, Buyer shall so notify Seller Sellers no later than 40 55 days from the date hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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Engineering Study. Buyer may, at its option and expense, retain an engineering firm to conduct a proof of performance study of the Station and to prepare a report on the Station's compliance with customary engineering practices and all applicable FCC rules, regulations, prescribed practices, and technical tecIhnical standards and such study and report shall be completed within 30 days from the date hereof. If the survey discloses any material deficiencies in the operations or equipment of the Station, Buyer shall so notify Seller no later than 40 days from the date hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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