Common use of FCC Approval Clause in Contracts

FCC Approval. Notwithstanding anything to the contrary contained in this Credit Agreement or in the other Loan Documents, neither the Administrative Agent nor any Lender will take any action pursuant to this Credit Agreement or any of the other Loan Documents, which would constitute or result in a change in control of the Borrower or any of its Subsidiaries requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower shall take or cause to be taken any action which the Administrative Agent may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Agent to exercise and enjoy the full rights and benefits granted to the Administrative Agent, for the benefit of the Administrative Agent and the Lenders by this Credit Agreement or any of the other Loan Documents, including, at the Borrower’s cost and expense, the use of the Borrower’s best efforts to assist in obtaining such approval for any action or transaction contemplated by this Credit Agreement or any of the other Loan Documents for which such approval is required by law, including specifically, without limitation, upon request, to prepare, sign and file with the FCC the assignor’s or transferor’s portion of any application or applications for the consent to the assignment or transfer of control necessary or appropriate under the FCC’s rules and approval of any of the transactions contemplated by this Credit Agreement or any of the other Loan Documents.

FCC Approval. Notwithstanding anything to the contrary contained in this Credit Agreement or in the other Loan Documents, neither the Administrative Agent nor any Lender Bank will take any action pursuant to this Credit Agreement or any of the other Loan Documents, which would constitute or result in a change in control of the Borrower or any of its Subsidiaries requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower shall take or cause to be taken any action which the Administrative Agent may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Agent to exercise and enjoy the full rights and benefits granted to the Administrative Agent, for the benefit of the Administrative Agent and the Lenders Banks by this Credit Agreement or any of the other Loan Documents, including, at the Borrower’s 's cost and expense, the use of the Borrower’s 's best efforts to assist in obtaining such approval for any action or transaction contemplated by this Credit Agreement or any of the other Loan Documents for which such approval is required by law, including specifically, without limitation, upon request, to prepare, sign and file with the FCC the assignor’s 's or transferor’s 's portion of any application or applications for the consent to the assignment or transfer of control necessary or appropriate under the FCC’s 's rules and approval of any of the transactions contemplated by this Credit Agreement or any of the other Loan Documents.

FCC Approval. Notwithstanding anything to the contrary contained in this Credit Purchase Agreement or in the other Loan Purchase Documents, neither the Administrative Agent nor any Lender Purchaser will not take any action pursuant to this Credit Purchase Agreement or any of the other Loan Purchase Documents, which would constitute or result in a change in control of the Borrower Issuer or any of its Subsidiaries requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower Issuer shall take or cause to be taken any action which the Administrative Agent Purchaser may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Agent Purchaser to exercise and enjoy the full rights and benefits granted to the Administrative AgentPurchaser, for the benefit of the Administrative Agent and the Lenders Purchaser by this Credit Purchase Agreement or any of the other Loan Purchase Documents, including, at the BorrowerIssuer’s cost and expense, the use of the BorrowerIssuer’s best efforts to assist in obtaining such approval for any action or transaction contemplated by this Credit Purchase Agreement or any of the other Loan Purchase Documents for which such approval is required by law, including specifically, without limitation, upon request, to prepare, sign and file with the FCC the assignor’s or transferor’s portion of any application or applications for the consent to the assignment or transfer of control necessary or appropriate under the FCC’s rules and approval of any of the transactions contemplated by this Credit Purchase Agreement or any of the other Loan Purchase Documents.

FCC Approval. Notwithstanding anything to the contrary contained in this Credit Agreement or in the other Loan Documents, neither the Administrative Agent nor any Lender will take any action pursuant to this Credit Agreement or any of the other Loan Documents, which would constitute or result in a change in control of the Borrower or any of its Subsidiaries requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower shall take or cause to be taken any action which the Administrative Agent may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Agent to exercise and enjoy the full rights and benefits granted to the Administrative Agent, for the benefit of the Administrative Agent and the Lenders by this Credit Agreement or any of the other Loan Documents, including, at the Borrower’s 's cost and expense, the use of the Borrower’s 's best efforts to assist in obtaining such approval for any action or transaction contemplated by this Credit Agreement or any of the other Loan Documents for which such approval is required by law, including specifically, without limitation, upon request, to prepare, sign and file with the FCC the assignor’s 's or transferor’s 's portion of any application or applications for the consent to the assignment or transfer of control necessary or appropriate under the FCC’s 's rules and approval of any of the transactions contemplated by this Credit Agreement or any of the other Loan Documents.

FCC Approval. Notwithstanding anything to the contrary contained in this Credit Agreement or in the other Loan Documents, neither the Administrative Agent nor any Lender of the Lenders will take any action pursuant to this Credit Agreement or any of the other Loan Documents, which would constitute or result in a change in control of, or assignment of the Borrower or any of its Subsidiaries FCC License of, any Principal Company requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower each Principal Company shall take or cause to be taken any action which the Administrative Agent or the Collateral Trustee may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Agent or the Collateral Trustee to exercise and enjoy the full rights and benefits granted to the Administrative Agent, for the benefit of the Administrative Agent and the Lenders by this Credit Agreement or any of the other Loan Documents, 116 -108- including, at the Borrower’s Principal Companies' cost and expense, the use of the Borrower’s Principal Companies' best efforts to assist in obtaining such approval for any action or transaction contemplated by this Credit Agreement or any of the other Loan Documents for which such approval is required by law, including specifically, without limitation, upon request, to prepare, sign and file with the FCC the assignor’s 's or transferor’s 's portion of any application or applications for the consent to the assignment or transfer of control necessary or appropriate under the FCC’s 's rules and approval of any of the transactions contemplated by this Credit Agreement or any of the other Loan Documents.

FCC Approval. Notwithstanding anything to the contrary contained in this Credit Agreement or in the other Loan Documents, neither the Administrative Managing Agent nor any Lender Bank will take any action pursuant to this Credit Agreement or any of the other Loan Documents, which would constitute or result in a change in control of the Borrower or any of its Subsidiaries requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower shall take or cause to be taken any action which the Administrative Managing Agent may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Managing Agent to exercise and enjoy the full rights and benefits granted to the Administrative Managing Agent, for the benefit of the Administrative Managing Agent and the Lenders Banks by this Credit Agreement or any of the other Loan Documents, including, at the Borrower’s 's cost and expense, the use of the Borrower’s 's best efforts to assist in obtaining such approval for any action or transaction contemplated by this Credit Agreement or any of the other Loan Documents for which such approval is required by law, including specifically, without limitation, upon request, to prepare, sign and file with the FCC the assignor’s 's or transferor’s 's portion of any application or applications for the consent to the assignment or transfer of control necessary or appropriate under the FCC’s 's rules and approval of any of the transactions contemplated by this Credit Agreement or any of the other Loan Documents.

FCC Approval. Notwithstanding anything to the contrary contained in this Credit Agreement or in the other Loan Documents, neither the Administrative Agent nor any Lender of the Lenders will take any action pursuant to this Credit Agreement or any of the other Loan Documents, which would constitute or result in a change in control of, or assignment of the Borrower or any of its Subsidiaries FCC License of, any Principal Company requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower each Principal Company shall take or cause to be taken any action which the Administrative Agent or the Collateral Trustee may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Agent or the Collateral Trustee to exercise and enjoy the full rights and benefits granted to the Administrative Agent, for the benefit of the Administrative Agent and the Lenders by this Credit Agreement or any of the other Loan Documents, including, at the Borrower’s Principal Companies' cost and expense, the use of the Borrower’s Principal Companies' best efforts to assist in obtaining such approval for any action or transaction contemplated by this Credit Agreement or any of the other Loan Documents for which such approval is required by law, including specifically, without limitation, upon request, to prepare, sign and file with the FCC the assignor’s 's or transferor’s 's portion of any application or applications for the consent to the assignment or transfer of control necessary or appropriate under the FCC’s 's rules and approval of any of the transactions contemplated by this Credit Agreement or any of the other Loan Documents.. 133 125