FCC Application. Within five (5) business days after the execution of this Agreement, Buyer and RLF shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer and 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 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 RLF or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer or 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 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 Buyers and RLF Sellers shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and RLF 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 RLF 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 RLF Sellers or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer Buyers or RLF 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 RLF 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 seven (57) business days after the execution of this Agreement, Buyer Buyers and RLF Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and RLF 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 RLF 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 RLF Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer Buyers or RLF 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 RLF 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 Regent and RLF Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Regent and RLF 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 RLF 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 RLF Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer Regent or RLF 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 RLF 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
FCC Application. Within five ten (510) business days after the execution of this Agreement, Buyer Buyers and RLF Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and RLF 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 RLF 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 RLF Seller or upon any of their respective Affiliates). If the FCC Consent imposes any material condition on Buyer Buyers or RLF 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 RLF 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 of this Agreement, Buyer Buyers and RLF Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and RLF 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 RLF 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 RLF Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer Buyers or RLF 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 RLF 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 RLF Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer and RLF 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 RLF 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 RLF Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer or RLF 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 RLF 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)
FCC Application. Within five (5) business days after the execution delivery of this Agreementthe Escrow Deposit to the Escrow Agent, Buyer Buyers and RLF Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and RLF 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 RLF 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 RLF Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer Buyers or RLF 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 RLF 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 RLF Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer and RLF 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 RLF 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 RLF Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer or RLF 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 RLF 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 RLF Seller shall file an application with the FCC for the FCC Consent (the "FCC Application"). Buyer Buyers and RLF 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 RLF 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 RLF Seller or upon any of their respective Affiliates). If the FCC Consent imposes any material condition on Buyer Buyers or RLF 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 RLF 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
FCC Application. Within five (5) business days after the execution of this AgreementOn or before January 17, 1997 Buyer and RLF 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 RLF 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 RLF 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 RLF Seller or upon any of their respective Affiliates). If the FCC Consent imposes any condition on Buyer or RLF 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 RLF 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: Assets Purchase Agreement (American Radio Systems Corp /Ma/)