Local Marketing Agreements. Borrower will not, and will not permit any of the Obligors to, enter into any LMA or other similar arrangement, other than Permitted LMAs.
Local Marketing Agreements. Except as permitted by Section 7.04(b) or except as set forth in Schedule 7.13 hereto, enter into any Local Marketing Agreement with respect to the full power Stations’ primary program stream (excluding multicast streams) without the Administrative Agent’s prior written consent; provided, however, that a Credit Party shall not be deemed to have violated the provisions of this Section 7.13 by accepting or contracting for block Programming which in the aggregate affects less than 10% of a Station’s total weekly broadcast time.
Local Marketing Agreements. Without the prior written consent of the Requisite Lenders, no Loan Party shall enter into any LMA under which any television or radio station owned or operated by one or more of the Loan Parties is the brokered station (i.e., the station whose time is sold or the station which receives, rather than provides, programming, management, technical or other services under such LMA). Such written consent shall not be required for a Loan Party to enter into an LMA with an Affiliate of such Loan Party in compliance with Section 8.9 or under which such Loan Party acts as the broker, provides programming, sells time on or provides management, technical or other services to a radio station not owned by any Loan Party, including LMAs with the Trust pending grant and consummation of the FCC Long-Form Applications.
Local Marketing Agreements. Joint Sales Agreement, dated February 11, 2003, among Watch TV, Inc., La Grande Broadcasting, Inc., and King Broadcasting, Inc. (“KPOU”) Joint Sales Agreement, dated August 19, 2002, by and between Roseburg Broadcasting, Inc. and Fxxxxx Broadcasting – Oregon TV, LLC. (“KTVC”) Time Brokerage Agreement, dated January 24, 1997, by and between Arkansas Media, LLC and assumed by Equity Broadcasting Corporation and Fxxxx Broadcasting Corporation. (“KDRE”) Local Marketing Agreement, dated August 1, 2002 by and between Arkansas Media, LLC and Equity Broadcasting Corporation in the operation of KLRA, Little Rock, AR. Time Brokerage Agreement, dated March 1, 2004 by and between Wyoming Channel 2, Inc. and K-TWO TV of Wyoming, Inc. in the operation of KTWO, Casper, WY. Agreement for the Sale of Commercial Time agreement, dated August 15, 2003 by and between Montana Broadcasting Group, Inc. and Montana License Sub, Inc. and MMBG, LLC, in the operation of KMMF, KMMF-LP, KBTZ, KBTZ-LP and KLMN, all Montana stations.
Local Marketing Agreements. Attached as Schedule 4.24 hereto is a complete list of all Local Marketing Agreements of the Obligors as of the Effective Date.
Local Marketing Agreements. Neither the Borrower nor any Subsidiary Guarantor shall enter into any Local Marketing Agreement after the Effective Date; provided that, the Borrower or a Subsidiary Guarantor may enter into a Local Marketing Agreement (i) in respect of stations for which the FCC license is owned by a Person other than the Borrower or one of its Subsidiaries if the Borrower or a Subsidiary Guarantor provides programming services and procures advertising for such station pursuant to such Local Marketing Agreement or (ii) in accordance with the provisions of Section 7.05(a).
Local Marketing Agreements. Concurrently with the execution of this Agreement, Citadel and the Company shall execute and deliver a Local Marketing Agreement for each of the Stations in the form of EXHIBIT H attached hereto (collectively, the "LOCAL MARKETING AGREEMENTS").
Local Marketing Agreements. Enter into any time brokerage or local marketing agreement without the Majority Lenders' prior written consent. In the event that a Company shall seek to enter into a time brokerage agreement or local marketing agreement in respect to a radio or television station which is not then owned or operated by a Company, the Majority Lenders shall provide the Companies with a preliminary approval or rejection in response to the Companies' providing the Agent with a preliminary outline of the terms of such agreement; and the final terms of any approved agreement consummated by the Companies shall not be materially different from the outline approved by the Lenders.
Local Marketing Agreements. Without the prior written consent of the Requisite Noteholders, no Credit Party shall enter into any LMA under which any television or radio station owned or operated by one or more of the Credit Parties is the brokered station (i.e., the station whose time is sold or the station which receives, rather than provides, programming, management, technical or other services under such LMA). Such written consent shall not be required for a Credit Party to enter into an LMA with an Affiliate of such Credit Party in compliance with Section 8.9 or under which such Credit Party acts as the broker, provides programming, sells time on or provides management, technical or other services to a radio station not owned by any Credit Party, including LMAs with the Trust pending grant and consummation of the FCC Long-Form Applications.
Local Marketing Agreements. For purposes of determining compliance with any covenant in this Agreement, (i) the amount of any Indebtedness referred to in clause (f) above that has not been assumed by the subject person shall be the lesser of (A) the amount of such Indebtedness owed by the primary obligor in respect thereof and (B) the fair market value of the property owned or acquired by the subject person that is subject to any Lien securing such Indebtedness and (ii) the amount of any Indebtedness referred to in clause (g) above shall be limited to the maximum liability, contingent or otherwise, of the subject person under the applicable Guarantee.
