Common use of Main Station Licenses Clause in Contracts

Main Station Licenses. Borrower will not, and will not permit any of the other Obligors to, except solely to the extent expressly permitted pursuant to this Agreement (i) cancel or terminate any of the Main Station Licenses or consent to or accept any cancellation or termination thereof, (ii) sell, assign or otherwise dispose of (by operation of law or otherwise) any part of its respective interest in any rights under any Main Station Licenses, (iii) amend, supplement or otherwise modify any of the Main Station Licenses, except as otherwise permitted pursuant to this Agreement, (iv) waive any default under or breach of any of the Main Station Licenses or waive, fail to enforce, forgive or release any right, interest or entitlement of any kind, howsoever arising under or in respect of any of the Main Station Licenses or vary or agree to the variation in any respect of any of the provisions of any of the Main Station Licenses or (v) petition, request or take any other legal or administrative action which seeks, or may reasonably be expected, to rescind, terminate or suspend any of the Main Station Licenses or amend or modify any of the Main Station Licenses in a manner that would be materially adverse to Borrower or any of its Subsidiaries. Borrower, at its expense, will perform and comply, and will cause each of the other Obligors to perform and comply, in all material respects with all terms and provisions of each of the Main Station Licenses required to be performed or complied with by it or them, will maintain, or cause to be maintained, each of the Main Station Licenses in full force and effect, will enforce, or will cause to be enforced, each of the Main Station Licenses in accordance with their respective terms and will take, or cause to be taken, all such action to that end as from time to time may be reasonably requested by Agent.