FCC Qualification. Except as set forth on Schedule 5.15, Acquiror is, for purposes of obtaining the approval of the FCC under the Communications Act, legally, financially and otherwise qualified to acquire control of the Company and, after due investigation, Acquiror is not aware of any facts or circumstances relating to Acquiror or any of its Subsidiaries that might disqualify Acquiror as a transferee of the Licenses, or as owner and operator of the Broadcasting Assets or otherwise might prevent or delay the prompt approval of this Agreement, the Transaction Agreements or the Transactions.
FCC Qualification. Buyer has no knowledge of any facts which would, under present law (including the Communications Act of 1934, as amended) and present rules, regulations and practices of the FCC, disqualify Buyer as an assignee of the licenses, permits and authorizations listed on Schedule 3.4 hereto, or as an owner and/or operator of the Station's Assets, and Buyer will not take, or unreasonably fail to take, any action which Buyer knows or has reason to know would cause such disqualification (it being understood that Buyer has an active duty to attempt to ascertain what would cause such disqualification). Should Buyer become aware of any such facts, it will promptly notify Seller in writing thereof and use its best efforts to prevent any such disqualification. Buyer further represents and warrants that it is financially qualified to meet all terms, conditions and undertakings contemplated by this Agreement.
FCC Qualification. Chancellor and its subsidiaries are fully qualified under the Communications Act to be the transferees of control of the LIN FCC Licenses. Except as disclosed in the Chancellor Disclosure Letter, Chancellor is not aware of any facts or circumstances relating to the FCC qualifications of Chancellor or any of its subsidiaries that would prevent the FCC's granting the FCC Form 315 Transfer of Control Application to be filed with respect to the Merger.
FCC Qualification. Purchaser is legally, technically, financially, and otherwise qualified to acquire and hold the License from Seller under the rules and policies of the FCC and the Communications Act of 1934, as amended.
FCC Qualification. Evergreen and its subsidiaries are fully qualified ----------------- under the Communication Act to be the transferees of control of the Company FCC Licenses (as hereinafter defined); provided, however, that the parties -------- ------- recognize that the consummation of the Merger could cause the Surviving Corporation to exceed in certain cases the numerical limits on local multiple radio station ownership imposed by Section 202(b) of the 1996 Telecom Act and that a waiver of these limits may be required prior to the grant of such transfer of control of the Evergreen FCC Licenses and Company FCC Licenses. Each individual or entity that is an officer, director or attributable stockholder of Evergreen that is proposed to be an officer, director or attributable stockholder of the Surviving Corporation is fully qualified under the Communications Act to be an officer, director or attributable stockholder of the Surviving Corporation.
FCC Qualification. The Company and its subsidiaries are fully ----------------- qualified under the Communications Act to be the transferors of control of the Company FCC Licenses; provided, however, that the parties recognize that the --------- -------- consummation of the Merger could cause the Surviving Corporation and Xxxxxx X. Xxxxx to exceed in certain cases the numerical limits on local multiple radio station ownership imposed by Section 202(b) of the 1996 Telecom Act and that a waiver of these limits may be required prior to the grant of such transfer of control of the Evergreen FCC Licenses and Company FCC Licenses. Each individual or entity that is an officer, director or attributable stockholder of the Company that is proposed to be an officer, director or attributable stockholder of the Surviving Corporation is fully qualified under the Communications Act to be an officer, director or attributable stockholder of the Surviving Corporation other than with respect to the numerical limits on multiple ownership described in the preceding sentence.
FCC Qualification. LIN and its subsidiaries are fully qualified under the Communications Act to be the transferors of control of the LIN FCC Licenses. Except as disclosed in the LIN Disclosure Letter, LIN is not aware of any facts or circumstances relating to the FCC qualifications of LIN or any of its subsidiaries that would prevent the FCC's granting the FCC Form 315 Transfer of Control Application to be filed with respect to the Merger.
FCC Qualification. Capstar and its subsidiaries are fully qualified under the Communications Act to be the transferors of control of the Capstar FCC Licenses. Except as disclosed in the Capstar Disclosure Letter or in the supplement to the Capstar disclosure letter dated the date hereof, Capstar is not aware of any facts or circumstances relating to the FCC qualifications of Capstar or any of its subsidiaries that could reasonably be expected to prevent the FCC's granting the FCC Form 316 Transfer of Control Application to be filed with respect to the Merger.
FCC Qualification. Buyer has no knowledge of any facts which would, under present law (including the Communications Act of 1934, as amended) and present rules, regulations and practices of the FCC, disqualify Buyer as an assignee of the Licenses listed on Schedule 3.4 hereto, or as an owner of the Assets and/or the operator of either of the Stations
FCC Qualification. Seller is and will be on the Closing Date legally, ----------------- technically and financially (subject to section 2.10) qualified under the Communications Act of 1934 and all material rules, regulations and policies of the FCC to acquire, own and operate Xxxxxx under the terms of the Xxxxxx Agreement. There are no facts or proceedings which would reasonably be expected to disqualify Seller under the Communications Act of 1934 or otherwise from acquiring or operating Xxxxxx or would cause the FCC not to grant a Final Approval (as defined in section 6.4). Seller has no knowledge of any material fact or circumstance relating to it or any of its Affiliates which would reasonably be expected to (a) cause the filing of any objection at the FCC or (b) lead to a delay in the processing by the FCC of the transfer of the Licenses. To its knowledge, no waiver of any FCC rule or policy as same relates to Seller is necessary to be obtained for the Final Approval.
