Common use of FCC Compliance Clause in Contracts

FCC Compliance. (a) Notwithstanding anything herein or in any of the Loan Documents to the contrary, but without limiting or waiving any Loan Party’s obligations hereunder or under any of the Loan Documents, the Administrative Agent’s and the Lenders’ remedies hereunder and under the Loan Documents are subject to compliance with the Communications Act and to all applicable FCC Regulations, and neither the Administrative Agent nor the Lenders will take any action pursuant to this Agreement or any of the Loan Documents that will constitute or result in any assignment of a License issued by the FCC or any transfer of control of the Borrower or any of its Subsidiaries which owns any FCC License if such assignment of License or transfer of control would require under then existing law (including the then existing FCC Regulations), the prior approval of the FCC, without first obtaining such approval of the FCC. This Agreement, the Loan Documents and the transactions contemplated hereby and thereby do not and will not constitute, create, or have the effect of constituting or creating, directly or indirectly, actual or practical ownership of any Loan Party by the Administrative Agent or the Lenders or control, affirmative or negative, direct or indirect, of any Loan Party by the Administrative Agent or the Lenders, over the management or any other aspect of the operation of any Loan Party, which ownership and control remain exclusively and at all times in the members, stockholders and directors of the Loan Parties until such time as the Administrative Agent and the Lenders have complied with such law, rules, regulations and policies.

FCC Compliance. (a) Notwithstanding anything herein or in any of the Loan Documents to the contrary, but without limiting or waiving any Loan Party’s obligations hereunder or under any of the Loan Documents, the Administrative Agent’s and the Lenders’ remedies hereunder and under the Loan Documents are subject to compliance with the Communications Act of 1934, as amended, and to all applicable FCC Regulationsrules, regulations and policies of the FCC, and neither the Administrative Agent nor the Lenders will take any action pursuant to this Agreement or any of the Loan Documents that will constitute or result in any assignment of a License issued by the FCC or any transfer change of control of the Borrower or any of its Subsidiaries which owns any FCC License if such assignment of License or transfer change of control would require under then existing law (including the then existing FCC Regulationswritten rules and regulations promulgated by the FCC), the prior approval of the FCC, without first obtaining such approval of the FCC. This Agreement, the Loan Documents and the transactions contemplated hereby and thereby do not and will not constitute, create, or have the effect of constituting or creating, directly or indirectly, actual or practical ownership of any Loan Party by the Administrative Agent or the Lenders or control, affirmative or negative, direct or indirect, of any Loan Party by the Administrative Agent or the Lenders, over the management or any other aspect of the operation of any Loan Party, which ownership and control remain exclusively and at all times in the members, stockholders and directors of the Loan Parties until such time as the Administrative Agent and the Lenders have complied with such law, rules, regulations and policies.

FCC Compliance. (a) Notwithstanding anything herein or in any of the Loan Documents to the contrary, but without limiting or waiving the Borrower's or any Loan Party’s of its Subsidiaries' obligations hereunder or under any of the Loan Documents, the Administrative Agent’s 's and the Lenders’ Banks' remedies hereunder and under the Loan Documents are subject to compliance with the Communications Act of 1934, as amended, and to all applicable FCC Regulationsrules, regulations and policies of the FCC, and neither the Administrative Agent nor the Lenders Banks will take any action pursuant to this Agreement or any of the Loan Documents that will constitute or result in any assignment of a License issued by the FCC or any transfer change of control of the Borrower or any of its Subsidiaries which owns any FCC License if such assignment of License or transfer change of control would require under then existing law (including including, without limitation, the then existing FCC Regulationswritten rules and regulations promulgated by the FCC), the prior approval of the FCC, without first obtaining such approval of the FCC. This Agreement, the Loan Documents and the transactions contemplated hereby and thereby do not and will not constitute, create, or have the effect of constituting or creating, directly or indirectly, actual or practical ownership of the Borrower or any Loan Party of its Subsidiaries by the Administrative Agent or the Lenders Banks or control, affirmative or negative, direct or indirect, of the Borrower or any Loan Party of its Subsidiaries by the Administrative Agent or the LendersBanks, over the management or any other aspect of the operation of the Borrower or any Loan Partyof its Subsidiaries, which ownership and control remain exclusively and at all times in the members, stockholders and directors of the Loan Parties Borrower and its Subsidiaries until such time as the Administrative Agent and the Lenders Banks have complied with such law, rules, regulations and policies.

FCC Compliance. (a) Notwithstanding anything herein or in any of the Loan Documents to the contrary, but without limiting or waiving any Loan Party’s obligations hereunder or under any of the Loan Documents, the Administrative Agent’s and the Lenders’ remedies hereunder and under the Loan Documents are subject to compliance with the Communications Act of 1934, as amended, and to all applicable FCC Regulationsrules, regulations and policies of the FCC, and neither the Administrative Agent nor the Lenders will take any action pursuant to this Agreement or any of the Loan Documents that will constitute or result in any assignment of a License issued by the FCC or any transfer of control of the Borrower or any of its Subsidiaries which owns any FCC License if such assignment of License or transfer of control would require under then existing law (including the then existing FCC Regulationswritten rules and regulations promulgated by the FCC), the prior approval of the FCC, without first obtaining such approval of the FCC. This Agreement, the Loan Documents and the transactions contemplated hereby and thereby do not and will not constitute, create, or have the effect of constituting or creating, directly or indirectly, actual or practical ownership of any Loan Party by the Administrative Agent or the Lenders or control, affirmative or negative, direct or indirect, of any Loan Party by the Administrative Agent or the Lenders, over the management or any other aspect of the operation of any Loan Party, which ownership and control remain exclusively and at all times in the members, stockholders and directors of the Loan Parties until such time as the Administrative Agent and the Lenders have complied with such law, rules, regulations and policies.. 133

FCC Compliance. (a) Notwithstanding anything herein or in any of the Loan Collateral Documents to the contrary, but without limiting or waiving the Borrower's or any Loan Party’s of its Subsidiaries' obligations hereunder or under any of the Loan Collateral Documents, the Administrative Agent’s 's and the Lenders’ Banks' remedies hereunder and under the Loan Collateral Documents are subject to compliance with the Communications Act of 1934, as amended, and to all applicable FCC Regulationsrules, regulations and policies of the FCC, and neither the Administrative Agent nor the Lenders Banks will take any action pursuant to this Agreement or any of the Loan Collateral Documents that will constitute or result in any assignment of a License issued by the FCC or any transfer change of control of the Borrower or any of its Subsidiaries which owns any FCC License if such assignment of License or transfer change of control would require under then existing law (including the then existing FCC Regulationswritten rules and regulations promulgated by the FCC), the prior approval of the FCC, without first obtaining such approval of the FCC. This Agreement, the Loan Collateral Documents and the transactions contemplated hereby and thereby do not and will not constitute, create, or have the effect of constituting or creating, directly or indirectly, actual or practical ownership of the Borrower or any Loan Party of its Subsidiaries by the Administrative Agent or the Lenders Banks or control, affirmative or negative, direct or indirect, of the Borrower or any Loan Party of its Subsidiaries by the Administrative Agent or the LendersBanks, over the management or any other aspect of the operation of the Borrower or any Loan Partyof its Subsidiaries, which ownership and control remain exclusively and at all times in the members, stockholders and directors of the Loan Parties Borrower and its Subsidiaries until such time as the Administrative Agent and the Lenders Banks have complied with such law, rules, regulations and policies.

FCC Compliance. (a) Notwithstanding anything herein or in any of the Loan Collateral Documents to the contrary, but without limiting or waiving the Borrower's or any Loan Party’s of its Subsidiaries' obligations hereunder or under any of the Loan Collateral Documents, the Administrative Agent’s 's and the Lenders’ Banks' remedies hereunder and under the Loan Collateral Documents are subject to compliance with the Communications Act of 1934, as amended, and to all applicable FCC Regulationsrules, regulations and policies of the FCC, and neither the Administrative Agent nor the Lenders Banks will take any action pursuant to this Agreement or any of the Loan Collateral Documents that will constitute or result in any assignment of a License issued by the FCC or any transfer change of control of the Borrower or any of its Subsidiaries which owns any FCC License if such assignment of License or transfer change of control would require under then existing law (including the then existing FCC Regulationswritten rules and regulations promulgated by the FCC), the prior approval of the FCC, without first obtaining such approval of the FCC. This Agreement, the Loan Collateral Documents and the transactions contemplated hereby and thereby do not and will not constitute, create, or have the effect of constituting or creating, directly or indirectly, actual or practical ownership of the Borrower or any Loan Party of its Subsidiaries by the Administrative Agent or the Lenders Banks or control, affirmative or negative, direct or indirect, of the Borrower or any Loan Party of its Subsidiaries by the Administrative Agent or the LendersBanks, over the management or any other aspect of the operation of the Borrower or any Loan Partyof its Subsidiaries, which ownership and control remain exclusively and at all times in the members, stockholders and directors of the Loan Parties Borrower and its Subsidiaries until such time as the Administrative Agent and the Lenders Banks have complied with such law, rules, regulations and policies.

FCC Compliance. (a) Notwithstanding anything herein or in any of the Loan Collateral Documents to the contrary, but without limiting or waiving any Loan Party’s 's obligations hereunder or under any of the Loan Collateral Documents, the Administrative Agent’s 's and the Lenders’ ' remedies hereunder and under the Loan Collateral Documents are subject to compliance with the Communications Act of 1934, as amended, and to all applicable FCC Regulationsrules, regulations and policies of the FCC, and neither the Administrative Agent nor the Lenders will take any action pursuant to this Agreement or any of the Loan Collateral Documents that will constitute or result in any assignment of a License issued by the FCC or any transfer change of control of the Borrower or any of its Subsidiaries which owns any FCC License if such assignment of License or transfer change of control would require under then existing law (including the then existing FCC Regulationswritten rules and regulations promulgated by the FCC), the prior approval of the FCC, without first obtaining such approval of the FCC. This Agreement, the Loan Collateral Documents and the transactions contemplated hereby and thereby do not and will not constitute, create, or have the effect of constituting or creating, directly or indirectly, actual or practical ownership of any Loan Party by the Administrative Agent or the Lenders or control, affirmative or negative, direct or indirect, of any Loan Party by the Administrative Agent or the Lenders, over the management or any other aspect of the operation of any Loan Party, which ownership and control remain exclusively and at all times in the members, stockholders and directors of the Loan Parties until such time as the Administrative Agent and the Lenders have complied with such law, rules, regulations and policies.

FCC Compliance. (a) Notwithstanding anything herein or in any of the Loan Collateral Documents to the contrary, but without limiting or waiving the Borrower's or any Loan Party’s of its Subsidiaries' obligations hereunder or under any of the Loan Collateral Documents, the Administrative Agent’s 's and the Lenders’ Banks' remedies hereunder and under the Loan Collateral Documents are subject to compliance with the Communications Act of 1934, as amended, and to all applicable FCC Regulationsrules, regulations and policies of the FCC, and neither the Administrative Agent nor the Lenders Banks will take any action pursuant to this Agreement or any of the Loan Collateral Documents that will constitute or result in any assignment of a License issued by the FCC or any transfer change of control of the Borrower or any of its Subsidiaries which owns any FCC License if such assignment of License or transfer change of control would require under then existing law (including the then existing FCC Regulationswritten rules and regulations promulgated by the FCC), the prior approval of the FCC, without first obtaining such approval of the FCC. This Agreement, the Loan Collateral Documents and the transactions contemplated hereby and thereby do not and will not constitute, create, or have the effect of constituting or creating, directly or indirectly, actual or practical ownership of the Borrower or any Loan Party of its Subsidiaries by the Administrative Agent or the Lenders Banks or control, affirmative or negative, direct or indirect, of the Borrower or any Loan Party of its Subsidiaries by the Administrative Agent or the LendersBanks, over the management or any other aspect of the operation of the Borrower or any Loan Partyof its Subsidiaries, which ownership and control remain exclusively and at all times in the members, stockholders and directors of the Loan Parties Borrower and its Subsidiaries until such time as the Administrative Agent and the Lenders Banks have complied with such law, rules, regulations and policies.