Common use of FCC and PUC Approval Clause in Contracts

FCC and PUC Approval. The exercise of any rights or remedies hereunder or under any other Loan Document by Lender that may require FCC or PUC approval shall be subject to obtaining such approval. Pending the receipt of any PUC or FCC approval, Borrower shall not do anything to delay, hinder, interfere with or obstruct the exercise of Lender's rights or remedies hereunder or the obtaining of such approvals.

Appears in 5 contracts

Samples: Equipment Loan and Security Agreement (Econophone Inc), Loan and Security Agreement (Focal Communications Corp), Loan and Security Agreement (GST Telecommunications Inc)

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FCC and PUC Approval. The exercise of any rights or remedies hereunder or under any other Loan Document by Administrative Agent or any Lender that may require FCC or PUC approval shall be subject to obtaining such approval. Pending the receipt of any PUC or FCC approval, Borrower no Loan Party shall not do anything to delay, hinder, interfere with or obstruct the exercise of LenderAdministrative Agent's or Lenders' rights or remedies hereunder or the obtaining of such approvals.

Appears in 2 contracts

Samples: Loan and Security Agreement (Us Lec Corp), Loan and Security Agreement (Us Lec Corp)

FCC and PUC Approval. The exercise of any rights or remedies hereunder or under any other Loan Document by Lender that may require FCC or PUC approval shall be subject to obtaining such approval. Pending the receipt of any PUC or FCC approval, Borrower the Borrowers shall not do anything to delay, hinder, interfere with or obstruct the exercise of Lender's rights or remedies hereunder or the obtaining of such approvals.

Appears in 2 contracts

Samples: Loan and Security Agreement (Viatel Inc), Equipment Loan and Security Agreement (Econophone Inc)

FCC and PUC Approval. The exercise of any rights or remedies hereunder or under any other Loan Document by the Administrative Agent or any Lender that may require FCC or PUC approval shall be subject to obtaining such approval. Pending the receipt of any PUC or FCC approval, Borrower no Loan Party shall not do anything to delay, hinder, interfere with or obstruct the exercise of Lenderthe Administrative Agent's or the Lenders' rights or remedies hereunder or the obtaining of such approvals.

Appears in 2 contracts

Samples: Loan and Security Agreement (Us Xchange LLC), Loan and Security Agreement (Eschelon Telecom Inc)

FCC and PUC Approval. The exercise of any rights or remedies hereunder or under any other Loan Document by Lender that may require FCC or PUC approval shall be subject to obtaining such approval. Pending the receipt of any PUC or FCC approval, Borrower and Guarantor shall not do anything to delay, hinder, interfere with or obstruct the exercise of Lender's rights or remedies hereunder or the obtaining of such approvals.

Appears in 1 contract

Samples: Loan and Security Agreement (Ixc Communications Inc)

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FCC and PUC Approval. The exercise of any rights or remedies ----------------------- hereunder or under any other Loan Document by Lender that may require FCC or PUC approval shall be subject to obtaining such approval. Pending the receipt of any PUC or FCC approval, Borrower shall not do anything to delay, hinder, interfere with with, or obstruct the exercise of Lender's rights or remedies hereunder or the obtaining of such approvals.

Appears in 1 contract

Samples: Loan and Security Agreement (Telscape International Inc)

FCC and PUC Approval. The exercise of any rights or remedies -------------------- hereunder or under any other Loan Document by Lender that may require FCC or PUC approval shall be subject to obtaining such approval. Pending the receipt of any PUC or FCC approval, a Borrower shall not do anything to delay, hinder, interfere with or obstruct the exercise of Lender's rights or remedies hereunder or the obtaining of such approvals.

Appears in 1 contract

Samples: Loan and Security Agreement (Broadview Networks Holdings Inc)

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