Common use of FCC Application Clause in Contracts

FCC Application. Within five (5) business days after the execution of this Agreement, Buyer and Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer and Seller shall prosecute the FCC Application with all reasonable diligence and otherwise use their best efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer nor Seller shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer or Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer or Seller or any of their respective Affiliates, such party shall use its best efforts to comply with such condition; provided, however, that neither Buyer nor Seller shall be required hereunder to comply with any condition that would have a material adverse effect upon it or any of its Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial review; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Regent Communications Inc)

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FCC Application. Within five (5) business days after the execution of this Agreement, Buyer Buyers and Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and Seller shall prosecute the FCC Application with all reasonable diligence and otherwise use their best commercially reasonable efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer Buyers nor Seller shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer Buyers or Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer Buyers or Seller or any of their respective Affiliates, such party shall use its best commercially reasonable efforts to comply with such condition; provided, however, that neither Buyer Buyers nor Seller shall be required hereunder to comply with any condition that would have a material adverse effect upon it or any of its Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial review; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Regent Communications Inc)

FCC Application. Within five ten (510) business days after the execution of this Agreement, Buyer Buyers and Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and Seller shall prosecute the FCC Application with all reasonable diligence and otherwise use their best all reasonable efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer Buyers nor Seller shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer Buyers or Seller or upon any of their respective Affiliates). If the FCC Consent imposes any material condition on Buyer Buyers or Seller or any of their respective Affiliates, such party shall use its best all reasonable efforts to comply with such condition; provided, however, that neither Buyer Buyers nor Seller shall be required hereunder to comply with any condition that requires the sale of any other radio station owned by them or that otherwise would have a material adverse effect upon it them or any of its their Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial review; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Regent Communications Inc)

FCC Application. Within five (5) business days after the execution effective date of this Agreement, Buyer and Seller RLF shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer and Seller RLF shall prosecute the FCC Application with all reasonable diligence and otherwise use their best efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer nor Seller RLF shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer or Seller RLF or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer or Seller RLF or any of their respective Affiliates, such party shall use its best efforts to comply with such condition; provided, however, that neither Buyer nor Seller RLF shall be required hereunder to comply with any condition that would have a material adverse effect upon it or any of its Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial review; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Regent Communications Inc)

FCC Application. Within five (5) business days after the execution of this Agreement, Buyer and Seller RLF shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer and Seller RLF shall prosecute the FCC Application with all reasonable diligence and otherwise use their best efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer nor Seller RLF shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer or Seller RLF or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer or Seller RLF or any of their respective Affiliates, such party shall use its best efforts to comply with such condition; provided, however, that neither Buyer nor Seller RLF shall be required hereunder to comply with any condition that would have a material adverse effect upon it or any of its Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial review; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Regent Communications Inc)

FCC Application. Within five (5) business days after the execution delivery of this Agreementthe Escrow Deposit to the Escrow Agent, Buyer Buyers and Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and Seller shall prosecute the FCC Application with all reasonable diligence and otherwise use their best efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer Buyers nor Seller shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer Buyers or Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer Buyers or Seller or any of their respective Affiliates, such party shall use its best efforts to comply with such condition; provided, however, that neither Buyer Buyers nor Seller shall be required hereunder to comply with any condition that would have a material adverse effect upon it or any of its Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial review; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Regent Communications Inc)

FCC Application. Within five (5) business days after the execution of this Agreement, Buyer and Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer and Seller shall prosecute the FCC Application with all reasonable diligence and otherwise use their best efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer nor Seller shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer or Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer or Seller or any of their respective Affiliates, such party shall use its best efforts to comply with such condition; provided, however, that neither Buyer nor Seller shall be required hereunder to comply with any condition that would have a material adverse effect upon it or any of its Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial review; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 hereof.16

Appears in 1 contract

Samples: Asset Purchase Agreement (Regent Communications Inc)

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FCC Application. Within five (5) business days after the execution of this AgreementOn or before January 17, 1997 Buyer and Seller shall withdraw the assignment application filed with the FCC and given File No. XXXX-000000XX, and shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer and Seller shall prosecute the FCC Application with all reasonable diligence and otherwise use their best all reasonable efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer nor Seller shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer or Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer or Seller or any of their respective Affiliates, such party shall use its best all reasonable efforts to comply with such condition; provided, however, that neither Buyer nor Seller shall be required hereunder to comply with any condition that would have a material adverse effect upon it or any of its Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial reviewreview so long as this Agreement is in effect; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Radio Systems Corp /Ma/)

FCC Application. Within five ten (510) business days after the --------------- execution of this Agreement, Buyer Buyers and Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and Seller shall prosecute the FCC Application with all reasonable diligence and otherwise use their best all reasonable efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer Buyers nor Seller shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer Buyers or Seller or upon any of their respective Affiliates). If the FCC Consent imposes any material condition on Buyer Buyers or Seller or any of their respective Affiliates, such party shall use its best all reasonable efforts to comply with such condition; provided, however, that neither Buyer Buyers nor Seller shall be required hereunder to comply with any condition that requires the sale of any other radio station owned by them or that otherwise would have a material adverse effect upon it them or any of its their Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial review; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nm Licensing LLC)

FCC Application. Within five (5) business days after the execution of this Agreement, Buyer Buyers and Seller Sellers shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and Seller Sellers shall prosecute the FCC Application with all reasonable diligence and otherwise use their best efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer Buyers nor Seller Sellers shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer Buyers or Seller Sellers or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer Buyers or Seller Sellers or any of their respective Affiliates, such party shall use its best efforts to comply with such condition; provided, however, that neither Buyer Buyers nor Seller Sellers shall be required hereunder to comply with any condition that would have a material adverse effect upon it or any of its Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial review; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Regent Communications Inc)

FCC Application. Within five ten (510) business days after the execution of this Agreement, Buyer Regent and Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Regent and Seller shall prosecute the FCC Application with all reasonable diligence and otherwise use their best efforts to obtain the FCC Consent as expeditiously as practicable (but neither Buyer Regent nor Seller shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer Regent or Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer Regent or Seller or any of their respective Affiliates, such party shall use its best efforts to comply with such condition; provided, however, that neither Buyer Regent nor Seller shall be required hereunder to comply with any condition that would have a material adverse effect upon it or any of its Affiliates. If reconsideration or judicial review is sought with respect to the FCC Consent, the party affected shall vigorously oppose such efforts for reconsideration or judicial review; provided, however, that nothing herein shall be construed to limit either party's right to terminate this Agreement pursuant to Article 16 13.01 hereof.

Appears in 1 contract

Samples: Merger Agreement (Regent Communications Inc)

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