Common use of FCC Consent; HSR Act Approval; Other Consents and Approvals Clause in Contracts

FCC Consent; HSR Act Approval; Other Consents and Approvals. (a) As promptly as practicable after the date of the exercise of the Option, but in any event no later than five (5) business days thereafter, Tribune Denver and Optionee shall file with the FCC applications requesting its consent to the transfer of control of the Station Licenses (and any extensions or renewals thereof) to Entercom Denver License from Tribune Denver (the “Transfer Applications”). Tribune Denver and Optionee will cooperate in the preparation of such Transfer Applications and will diligently take, or cooperate in the taking of, all necessary, desirable and proper steps, provide any additional information reasonably required and otherwise use reasonable efforts to obtain promptly the FCC’s consent and approval of the Transfer Applications. Any fees assessed by the FCC incident to the filing or grant of such applications shall be borne equally by Optionee and Tribune Denver, with each party responsible for one half of any such fees assessed. Each of Tribune Denver and Optionee shall make available to the other, promptly after the filing thereof, copies of all reports filed by it or its Affiliates on or prior to the Closing Date with the FCC in respect of the Stations.

Appears in 1 contract

Samples: Option Agreement (Entercom Communications Corp)

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FCC Consent; HSR Act Approval; Other Consents and Approvals. (a) As promptly as practicable after the date of the exercise execution of the Optionthis Agreement, but in any event no later than five ten (510) business days thereafter, Tribune Denver the ACME Entities and Optionee Buyer shall file with the FCC applications requesting its consent to the transfer of control of the Station Licenses (and any extensions or renewals thereof) to Entercom Denver License from Tribune Denver in connection with the purchase and sale of the Shares contemplated by this Agreement (the "Transfer Applications"). Tribune Denver The ACME Entities and Optionee Buyer will cooperate in the preparation of such Transfer Applications and will diligently take, or cooperate in the taking of, all necessary, desirable necessary and proper commercially reasonable steps, provide any additional information reasonably required and otherwise use reasonable efforts to obtain promptly the FCC’s 's consent and approval of the Transfer Applications. Any fees assessed by the FCC incident to the filing or grant of such applications shall be borne equally by Optionee Buyer and Tribune Denverthe ACME Entities, with each party responsible for one half of any such fees assessed. Each of Tribune Denver the ACME Entities and Optionee Buyer shall make available to the other, promptly after the filing thereof, copies of all reports filed by it it, the Company or its Affiliates on or prior to the Closing Date with the FCC in respect of the StationsStation.

Appears in 1 contract

Samples: Stock Purchase Agreement (Acme Communications Inc)

FCC Consent; HSR Act Approval; Other Consents and Approvals. (a) As promptly as practicable after the date of the exercise execution of the Optionthis Agreement, but in any event no later than five ten (510) business days thereafter, Tribune Denver the ACME Entities and Optionee Buyer shall file with the FCC applications requesting its consent to the transfer of control assignment of the Station Licenses (and any extensions or renewals thereof) to Entercom Denver License Buyer or its designated assignee from Tribune Denver Sellers (the "Transfer Applications"). Tribune Denver The ACME Entities and Optionee Buyer will cooperate in the preparation of such Transfer Applications and will diligently take, or cooperate in the taking of, all necessary, desirable necessary and proper commercially reasonable steps, provide any additional information reasonably required and otherwise use reasonable efforts to obtain promptly the FCC’s 's consent and approval of the Transfer Applications. Any fees assessed by the FCC incident to the filing or grant of such applications shall be borne equally by Optionee Buyer and Tribune Denverthe ACME Entities, with each party responsible for one half of any such fees assessed. Each of Tribune Denver the ACME Entities and Optionee Buyer shall make available to the other, promptly after the filing thereof, copies of all reports filed by it or its Affiliates on or prior to the Closing Date with the FCC in respect of the StationsStation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Acme Communications Inc)

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FCC Consent; HSR Act Approval; Other Consents and Approvals. (a) As promptly as practicable after the date of the exercise of the Optionthis Agreement, but in any event no later than five (5) business days thereafter, Tribune Denver the Emmis Entities and Optionee Buyer shall file with the FCC applications requesting its consent to the transfer of control assignment of the Station Licenses (and any extensions or renewals thereof) to Entercom Denver License from Tribune Denver Emmis License (the “Transfer Assignment Applications”). Tribune Denver The Emmis Entities and Optionee Buyer will cooperate in the preparation of such Transfer Assignment Applications and will diligently take, or cooperate in the taking of, all necessary, desirable and proper steps, provide any additional information reasonably required and otherwise use reasonable efforts take all steps necessary to prosecute expeditiously the Assignment Applications and to obtain promptly the FCC’s 's consent and approval of the Transfer Assignment Applications. Any fees assessed by the FCC incident to the filing or grant of such applications shall be borne equally by Optionee Buyer and Tribune DenverEmmis License, with each party responsible for one half of any such fees assessed. Each of Tribune Denver the Emmis Entities and Optionee Buyer shall make available to the other, promptly after the filing thereof, copies of all reports filed by it or its Affiliates on or prior to the Closing Date with the FCC in respect of the StationsStation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Emmis Operating Co)

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