Common use of HSR Act Filing Clause in Contracts

HSR Act Filing. Seller and Buyer acknowledge that they have filed, or caused to be filed, with the U.S. Department of Justice ("DOJ") and Federal Trade Commission ("FTC") certain filings that are required in connection with the transactions contemplated hereby under the HSR Act and submitted to the other party, prior to the filing thereof, their respective HSR Act filings and discussed with the other any comments the reviewing party may have had. Seller and Buyer agree to file, or cause to be filed, on or before August 26, 1997, with the DOJ and FTC all additional filings that are required in connection with the transactions contemplated hereby under the HSR Act, including reflecting that the assets used and useable in connection with the Tampa Billboard Business (as defined in the Group I Purchase Agreement) are to be excluded from the Group I Assets and, will submit to the other party, prior to the filing thereof, their respective HSR Act filing and discuss with the other any comments the reviewing party may have. Buyer and Seller agree to (a) cooperate with each other in connection with all such HSR Act filings, which cooperation shall include furnishing the other with any information or documents that may be reasonably required in connection with such filings; (b) promptly file, after any request by the FTC or DOJ and after appropriate negotiation with the FTC or DOJ of the scope of such request, any information or documents requested by the FTC or DOJ; and (c) furnish each other with any correspondence from or to, and notify each other of any other communications with, the FTC or DOJ that relates to the transactions contemplated hereunder, and to the extent practicable, to permit each other to participate in any conferences with the FTC or DOJ.

HSR Act Filing. Seller LIN-Texas and Buyer acknowledge that they have filedHoldings agree to (a) file, or caused cause to be filed, with the U.S. Department of Justice ("DOJ") and Federal Trade Commission ("FTC") certain filings all filings, if any, that are required in connection with the transactions contemplated hereby under the HSR Act and submitted to within ten (10) Business Days of the other party, prior to the filing thereof, their respective HSR Act filings and discussed with the other any comments the reviewing party may have had. Seller and Buyer agree to file, or cause to be filed, on or before August 26, 1997, with the DOJ and FTC all additional filings that are required in connection with the transactions contemplated hereby under the HSR Act, including reflecting that the assets used and useable in connection with the Tampa Billboard Business date of this Agreement; (as defined in the Group I Purchase Agreementb) are to be excluded from the Group I Assets and, will submit to the other party, prior to the filing thereoffiling, their respective HSR Act filing filings to be made hereunder and to discuss with the other any comments the reviewing party may have. Buyer and Seller agree to ; (ac) cooperate with each other in connection with all such HSR Act filings, which cooperation shall include furnishing the other with any information or documents that may be reasonably required in connection with such filings; (bd) promptly following the Filing of a Notification and Report Form under the HSR Act, request an early termination of the statutory filing period required to elapse after such filing; (e) promptly file, after any request by the FTC or DOJ and after appropriate negotiation with the FTC or DOJ of the scope of such request, any information or documents requested by the FTC or DOJ; and (cf) furnish each other with any correspondence from or to, and notify each other of any other communications with, the FTC or DOJ that relates relate to the transactions contemplated hereunder, and to the extent practicable, to permit each other to participate in any conferences with the FTC or DOJ; and (g) subject to the immediately following sentence, enter into reasonable stipulations, consent orders, or other agreements reasonably requested by the FTC or DOJ to ensure approval of the transaction. Notwithstanding the foregoing to the contrary, neither Holdings nor LIN-Texas shall be required hereunder to appeal any injunction, to divest any of its assets or to take any other specific step which in its sole judgement would not be in its best interest under the circumstances.

HSR Act Filing. Seller and Buyer acknowledge that they have filed, or caused to be filed, with the U.S. Department of Justice ("DOJ") and Federal Trade Commission ("FTC") certain filings that are required in connection with the transactions contemplated hereby under the HSR Act and submitted to the other party, prior to the filing thereof, their respective HSR Act filings and discussed with the other any comments the reviewing party may have had. Seller and Buyer agree to file, or cause to be filed, on or before August 26, 1997, 1997 with the DOJ and FTC all additional filings that are required in connection with the transactions contemplated hereby under the HSR Act, including reflecting that the assets used and useable usable in connection with the Tampa Billboard Business (as defined in and the Group I Purchase Agreement) Sports Teams Business are to be excluded from the Group I Assets andAssets, and will submit to the other party, 29 24 prior to the filing thereof, their respective HSR Act filing and discuss with the other any comments the reviewing party may have. Buyer and Seller hereby agree that Buyer will not buy from Seller, and Seller will not sell to Buyer, the assets relating to the Tampa Billboard Business and the Sports Teams Business. Buyer and Seller agree to (a) cooperate with each other in connection with all such HSR Act filings, which cooperation shall include furnishing the other with any information or documents that may be reasonably required in connection with such filings; (b) promptly file, after any request by the FTC or DOJ and after appropriate negotiation with the FTC or DOJ of the scope of such request, any information or documents requested by the FTC or DOJ; and (c) furnish each other with any correspondence from or to, and notify each other of any other communications with, the FTC or DOJ that relates to the transactions contemplated hereunder, and to the extent practicable, to permit each other to participate in any conferences with the FTC or DOJ.

HSR Act Filing. Seller and Buyer acknowledge that they have filed, or caused to be filed, with the U.S. Department of Justice ("DOJ") and Federal Trade Commission ("FTC") certain filings that are required in connection with the transactions contemplated hereby under the HSR Act and submitted to the other party, prior to the filing thereof, their respective HSR Act filings and discussed with the other any comments the reviewing party may have had. Seller and Buyer agree to file, or cause to be filed, on or before August 26, 1997, 1997 with the DOJ and FTC all additional filings that are required in connection with the transactions contemplated hereby under the HSR Act, including reflecting that the assets used and useable usable in connection with the Tampa Billboard Business (as defined in and the Group I Purchase Agreement) Sports Teams Business are to be excluded from the Group I Assets andAssets, and will submit to the other party, prior to the filing thereof, their respective HSR Act filing and discuss with the other any comments the reviewing party may have. Buyer and Seller hereby agree that Buyer will not buy from Seller, and Seller will not sell to Buyer, the assets relating to the Tampa Billboard Business and the Sports Teams Business. Buyer and Seller agree to (a) cooperate with each other in connection with all such HSR Act filings, which cooperation shall include furnishing the other with any information or documents that may be reasonably required in connection with such filings; (b) promptly file, after any request by the FTC or DOJ and after appropriate negotiation with the FTC or DOJ of the scope of such request, any information or documents requested by the FTC or DOJ; and (c) furnish each other with any correspondence from or to, and notify each other of any other communications with, the FTC or DOJ that relates to the transactions contemplated hereunder, and to the extent practicable, to permit each other to participate in any conferences with the FTC or DOJ.