LMA. A local marketing agreement, program service agreement or time brokerage agreement between a broadcaster and a television station licensee pursuant to which the broadcaster provides programming to, and retains the advertising revenues of, such station in exchange for fees paid to licensee. LMA Purchase Option. Any option to purchase the broadcast station or assets subject thereto which is binding upon any one or more of the Operating Companies.
LMA. The Local Programming and Marketing Agreement by and between Buyer and Seller relative to the programming of the Station.
LMA. Upon the expiration or termination of all applicable waiting periods under the HSR Act, and so long as no actions shall have been instituted which are then pending by the FTC or DOJ challenging or seeking to enjoin the consummation of the Transactions, the parties shall promptly use commercially reasonable efforts to negotiate and implement a local marketing agreement (“LMA”) with respect to the Entravision Stations on customary terms and conditions reasonably satisfactory to the parties.
LMA. Buyer and Seller shall enter into a definitive LMA as of the date hereof pursuant to which Buyer shall provide program and other services to the Station as of the Commencement Date (as such term is defined in the LMA) until Closing unless earlier terminated in accordance with the terms of this Agreement or the LMA.
LMA. The Local Programming and Marketing Agreement entered into on ---- this date by Buyer and Seller.
LMA. The parties shall have entered into the LMA, effective as of the First Closing Date.
LMA. In the event of and upon the exercise of the Put Right or the Option Right pursuant to the Put and Option Agreement, Lessors and Licensee shall enter into a customary local programming and marketing agreement ("LMA") on mutually agreeable terms and conditions, whereby Lessors will program the Stations for the period from and after the exercise of the Put Right or the Option Right until the Put/Option Closing (as defined in the Put and Option Agreement). The LMA shall, among other things, provide that the Lessors, as programmer of the Stations under the LMA, shall be entitled to and shall receive the Stations' working capital, including cash, cash equivalents and accounts receivable, in existence as of the date of the exercise of the Put Right or the Option Right and created thereafter. The form of the LMA shall be agreed upon by Lessors and Licensee within ten (10) business days after the date hereof and shall be attached hereto as an exhibit. The parties shall simultaneously agree on any amendments to this Lease that may be necessary or appropriate effective as of the LMA commencement date, and such amendments shall also be attached hereto as an exhibit.
LMA. As of the Closing, the LMA shall remain in full force and effect, with Seller as the owner of WPRI and Buyer as the owner of the Station; PROVIDED, that, effective as of the Closing Date, certain revenue rights and expense obligations pursuant to the LMA shall be adjusted as provided in EXHIBIT A to this Agreement. If for any reason (other than for a willful breach of the LMA by Buyer) the LMA is terminated while Buyer is the owner of the Station, Seller shall be responsible for all costs, expenses and reimbursements due to Buyer under this Agreement including, but not limited to such costs, expenses and reimbursements provided for in EXHIBIT A to this Agreement as if the LMA was still in effect.
LMA. The parties are concurrently entering into an LMA with respect to the Station (the “LMA”).
LMA. On October 2, 2000, Clear Channel and Exchange Party shall enter into a local marketing agreement, effective as of such date, in substantially the form attached hereto as Exhibit B, pursuant to which Exchange Party will provide programming for, and be entitled to receive revenues from the sale of advertising on, the Clear Channel Stations.
