Common use of License Information Clause in Contracts

License Information. The FCC Licenses and PUC Authorizations held or managed by the Restricted Companies that are material to the Mobile Communications Business of the Restricted Companies are valid and in full force and effect without conditions except for such conditions as are generally applicable to holders of FCC Licenses and such Authorizations. No event (including the pendency of any petition to deny, informal objection, petition to revoke, or other complaint, investigation or proceeding before the FCC or any PUC) has occurred and is continuing which could reasonably be expected to (i) result in the imposition of a material forfeiture or the revocation, termination or adverse modification of any FCC License or PUC Authorization held or managed by a Restricted Company and material to the Mobile Communications Business of the Restricted Companies or (ii) materially and adversely affect any rights of the Restricted Companies thereunder that are material to the Mobile Communications Business of the Restricted Companies. None of the Restricted Companies has any reason to believe or has any knowledge that the FCC Licenses and PUC Authorizations held or managed by the Restricted Companies that are material to the Mobile Communications Business of the Restricted Companies will not be renewed in the ordinary course. The Restricted Companies (taking into account the Commitments hereunder and the other financial sources reflected or assumed in the business plan of NCI set forth in the Information Memorandum) have sufficient time, materials, equipment, contract rights and other required resources to complete, in a timely fashion and in full, construction of each SMR System they currently operate or currently plan to operate in compliance with all applicable technical standards and construction requirements and deadlines. The current ownership and operation by each of the Restricted Companies of its Mobile Communications Business comply with the Communications Act of 1934, as amended, and all rules, regulations and policies of the FCC, any PUC and of any other Governmental Authority, except for such non-compliance that could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Nextel Communications Inc)

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License Information. The Restricted Companies have heretofore delivered to the Administrative Agent a list, as of July 31, 1996 and complete and correct in all material respects, of all SMR Licenses and other FCC Licenses (and all PUC Authorizations material to the Mobile Communications Business of the Restricted Companies) held by any Restricted Company as well as all SMR Licenses and other FCC Licenses or PUC Authorizations for which any of the Restricted Companies is providing management services, which list contains: (i) for each such FCC License (including each SMR License), the call sign, the name of the licensee, the city or other location, and state, in which the primary site (i.e. the site which receives co-channel interference protection) is located, and the number of channels subject to such SMR License; and (ii) for each such PUC Authorization, the geographic area covered by such Authorization, the services that may be provided thereunder, if any. The FCC Licenses and PUC Authorizations held or managed by the Restricted Companies that are specified in such list and material to the Mobile Communications Business of the Restricted Companies are valid and in full force and effect without conditions except for such conditions as are generally applicable to holders of FCC Licenses and such Authorizations. No event (including the pendency of any petition to deny, informal objection, petition to revoke, or other complaint, investigation or proceeding before the FCC or any PUC) has occurred and is continuing which could reasonably be expected to (i) result in the imposition of a material forfeiture or the revocation, termination or adverse modification of any FCC License or PUC Authorization specified in such list, held or managed by a Restricted Company and material to the Mobile Communications Business of the Restricted Companies or (ii) materially and adversely affect any rights of the Restricted Companies thereunder that are material to the Mobile Communications Business of the Restricted Companies. None of the Restricted Companies has any reason to believe or has any knowledge that the FCC Licenses and PUC Authorizations held or managed by the Restricted Companies that are specified in such list and material to the Mobile Communications Business of the Restricted Companies will not be Credit Agreement 80 -75- renewed in the ordinary course. The Restricted Companies (taking into account the Commitments hereunder and the "Commitments" under the Vendor Financing Agreement and the other financial sources reflected or assumed in the business plan of NCI set forth in the Information Memorandum) have sufficient time, materials, equipment, contract rights and other required resources to complete, in a timely fashion and in full, construction of each SMR System they currently operate or currently plan to operate in compliance with all applicable technical standards and construction requirements and deadlines. The current ownership and operation by each of the Restricted Companies of its Mobile Communications Business comply with the Communications Act of 1934, as amended, and all rules, regulations and policies of the FCC, any PUC and of any other Governmental Authority, except for such non-compliance that could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Nextel Communications Inc)

License Information. The Restricted Companies have heretofore delivered to the Administrative Agent under the Credit Agreement a list, as of July 31, 1996 and complete and correct in all material respects, of all SMR Licenses and other FCC Licenses (and all PUC Authorizations material to the Mobile Communications Business of the Restricted Companies) held by any Restricted Company as well as all SMR Licenses and other FCC Licenses or PUC Authorizations for which any of the Restricted Companies is providing management services, which list contains: (i) for each such FCC License (including each SMR License), the call sign, the name of the licensee, the city or other location, and state, in which the primary site (i.e. the site which receives co-channel interference protection) is located, and the number of channels subject to such SMR License; and (ii) for each such PUC Authorization, the geographic area covered by such Authorization, the services that may be provided thereunder, if any. The FCC Licenses and PUC Authorizations held or managed by the Restricted Companies that are specified in such list and material to the Mobile Communications Business of the Restricted Companies are valid and in full force and effect without conditions except for such conditions as are generally applicable to holders of FCC Licenses and such Authorizations. No event (including the pendency of any petition to deny, informal objection, petition to revoke, or other complaint, investigation or proceeding before the FCC or any PUC) has occurred and is continuing which could reasonably be expected to (i) result in the imposition of a material forfeiture or the revocation, termination or adverse modification of any FCC License or PUC Authorization specified in such list, held or managed by Vendor Financing Agreement 52 -47- a Restricted Company and material to the Mobile Communications Business of the Restricted Companies or (ii) materially and adversely affect any rights of the Restricted Companies thereunder that are material to the Mobile Communications Business of the Restricted Companies. None of the Restricted Companies has any reason to believe or has any knowledge that the FCC Licenses and PUC Authorizations held or managed by the Restricted Companies that are specified in such list and material to the Mobile Communications Business of the Restricted Companies will not be renewed in the ordinary course. The Restricted Companies (taking into account the Commitments hereunder and the "Commitments" under the Credit Agreement and the other financial sources reflected or assumed in the business plan of NCI set forth in the Information Memorandum) have sufficient time, materials, equipment, contract rights and other required resources to complete, in a timely fashion and in full, construction of each SMR System they currently operate or currently plan to operate in compliance with all applicable technical standards and construction requirements and deadlines. The current ownership and operation by each of the Restricted Companies of its Mobile Communications Business comply with the Communications Act of 1934, as amended, and all rules, regulations and policies of the FCC, any PUC and of any other Governmental Authority, except for such non-compliance that could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Nextel Communications Inc)

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License Information. The FCC Licenses and PUC Authorizations held or managed by the Restricted Companies that are material to the Mobile Communications Business of the Restricted Companies are valid and in full force and effect without conditions except for such conditions as are generally applicable to holders of FCC Licenses and such Authorizations. No event (including the pendency of any petition to deny, informal objection, petition to revoke, or other complaint, investigation or proceeding before the FCC or any PUC) has occurred and is continuing which could reasonably be expected to (i) result in the imposition of a material forfeiture or the revocation, termination or adverse modification of any FCC License or PUC Authorization held or managed by a Restricted Company and material to the Mobile Communications Business of the Restricted Companies or (ii) materially and adversely affect any rights of the Restricted Companies thereunder that are material to the Mobile Communications Business of the Restricted Companies. None of the Restricted Companies has any reason to believe or has any knowledge that the FCC Licenses and PUC Authorizations held or managed by the Restricted Companies that are material to the Mobile Communications Business of the Restricted Companies will not be renewed in the ordinary course. The Restricted Companies (taking into account the Commitments hereunder and the other financial sources reflected or assumed in the business plan of NCI set forth in the Information Memorandum) have sufficient time, materials, equipment, contract rights and other required resources to complete, in a timely fashion and in full, construction of each SMR Mobile Communications System they currently operate or currently plan to operate in compliance with all applicable technical standards and construction requirements and deadlines. The current ownership and operation by each of the Restricted Companies of its Mobile Communications Business comply with the Communications Act of 1934, as amended, and all rules, regulations and policies of the FCC, any PUC and of any other Governmental CREDIT AGREEMENT Authority, except for such non-compliance that could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Nextel Communications Inc)

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