Common use of FCC Qualifications Clause in Contracts

FCC Qualifications. Parent and Sub, to their knowledge after consulting with regulatory counsel and based on the FCC's current practice and precedent, are, for purposes of obtaining the FCC Order, legally, technically, financially and otherwise qualified to acquire control of the Company, and Parent and Sub are not aware of any facts or circumstances related to Parent or Sub that are likely to prevent consent to the transfer of control applications (as described in Section 5.8(b)) and issuance of the FCC Order. Parent's equity ownership is structured as described in the bid letter dated November 17, 1997 and delivered by Parent and Sub to the Financial Advisor on behalf of the Company. Parent and Sub, to their knowledge after consulting with regulatory counsel, are not aware, except for the continuation of existing waivers, that any waiver of any FCC rule or policy is necessary to be obtained for the grant of the applications for transfer of control of the Company to Parent and Sub, nor will processing pursuant to any exception to any rule of general applicability be requested or required in connection with the consummation of the Transactions.

FCC Qualifications. Parent and Sub, to their knowledge after ------------------ consulting with regulatory counsel and based on the FCC's current practice and precedent, are, for purposes of obtaining the FCC Order, legally, technically, financially and otherwise qualified to acquire control of the Company, and Parent and Sub are not aware of any facts or circumstances related to Parent or Sub that are likely to prevent consent to the transfer of control applications (as described in Section 5.8(b)) and issuance of the FCC Order. Parent's equity ownership is structured as described in the bid letter dated November 17, 1997 and delivered by Parent and Sub to the Financial Advisor on behalf of the Company. Parent and Sub, to their knowledge after consulting with regulatory counsel, are not aware, except for the continuation of existing waivers, that any waiver of any FCC rule or policy is necessary to be obtained for the grant of the applications for transfer of control of the Company to Parent and Sub, nor will processing pursuant to any exception to any rule of general applicability be requested or required in connection with the consummation of the Transactions.