Maintenance of FCC Licenses Sample Clauses

Maintenance of FCC Licenses. (a) Except with respect to the FCC Licenses set forth on Schedule 5.30 (other than the WorldCom BTAs), Sellers will, and will cause their Subsidiaries to: (i) maintain in full force and effect all Company FCC Licenses, and timely comply with FCC Rules, including (A) the filing of Annual FCC Reports and (B) making all installment payments in respect of FCC Licenses within two calendar quarters of the due dates for such installment payments; (ii) except for those Company Pending Applications that request additional time to complete construction of facilities authorized under BTA authorizations, prosecute and defend diligently and in good faith each Company Pending Application; (iii) (A) except with respect to Acquired Spectrum Leases that are removed from the Acquired Assets pursuant to Section 2.07 or that otherwise constitute Excluded Assets, enforce all of its rights under each Acquired Spectrum Lease on a timely basis; (B) not enter into any agreement on or with respect to spectrum capacity under any Company FCC License without the prior consultation with and the prior approval of Purchaser; and (C) not enter into any agreements to accept harmful interference as prescribed by the FCC Rules in connection with any Company FCC License without the prior consultation with and the prior approval of Purchaser; (iv) for any Company FCC License that is subject to 47 C.F.R. Section 21.44(a)(3), not remove or alter of any facilities so as to render any station not operational for a period of 30 days or more, or not operational as of the Closing, and, for any Acquired Lease Spectrum that is subject to 47 C.F.R. Section 2l.44(a)(3), not permit the removal or alteration of any facilities so as to render any station not operational for a period of 30 days or more, or not operational as of the Closing; and
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Maintenance of FCC Licenses. Lessor shall use commercially reasonable best efforts to maintain the FCC Licenses in full force and effect throughout the Term and use commercially reasonable best efforts to obtain the renewal of the FCC Licenses. Subject to compliance with the foregoing and without limiting the effect of Section 8(e) hereof, it is expressly acknowledged by each Party that the failure to obtain renewal of the FCC Licenses shall not be deemed a breach of this Lease Agreement by any Party and shall not give rise to any rights or claims by any Party against any other by reason of the termination of this Lease Agreement as result of such non-renewal, including, without limitation, if the basis for such lack of renewal is a determination by the FCC that its test for “substantial” service was not met. Lessor shall satisfy all of the requirements imposed on lessors under spectrum manager leasing arrangements by 47 C.F.R. § 1.9020 and, more generally, all duties and obligations of an FCC licensee under the Communications Laws.
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Maintenance of FCC Licenses. Company shall, and shall cause each of its Subsidiaries to, comply with the requirements of all applicable laws, rules, regulations and orders of any governmental authority (including any Communications Regulatory Authority), including, without limitation, the Communications Act, noncompliance with which could reasonably be expected to cause a Material Adverse Effect. Company shall obtain and maintain, and cause each of its Subsidiaries to obtain and maintain, all licenses, permits, franchises or other Governmental Authorizations and approvals (including, without limitation, the FCC Licenses) necessary to own, acquire or dispose of their respective Properties, to conduct their respective businesses or to comply with the FCC's or any other Communications Regulatory Authority's construction, operating and reporting requirements, the violation of which or the failure to obtain or maintain which could reasonably be expected to have a Material Adverse Effect.
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Maintenance of FCC Licenses. Lessor shall maintain the validity and good standing of the FCC Licenses and shall defend the FCC Licenses from all claims and challenges, subject to the other provisions of this Agreement in the event of claims or challenges arising out of Lessee’s lease, use, or operation of the Leased Spectrum. Lessor shall notify Lessee promptly upon learning of any claim or challenge to the FCC Licenses (other than any claim or challenge that applies to Cellular, PCS, or Microwave licenses generally).
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Maintenance of FCC Licenses. Company shall maintain, and shall cause each of its Subsidiaries to maintain, all Governmental Authorizations (including without limitation all FCC Licenses issued to and held by Company or any of its Subsidiaries) necessary or required to own, operate, control, construct, acquire or dispose of their respective properties (including without limitation any Cellular System), to conduct their respective businesses or to comply with the FCC's regulatory, reporting or other requirements, the violation of or the failure to maintain could reasonably be expected to cause, individually or in the aggregate, a Material Adverse Effect.
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Maintenance of FCC Licenses. Lessors shall maintain the validity and good standing of the FCC Licenses, and shall defend the FCC Licenses from all claims and challenges, subject to the other provisions of this Agreement in the event of claims or challenges arising out of Lessee’s lease, use or operation of the Leased Spectrum. Lessors shall notify Lessee promptly upon learning of any claim or challenge to the FCC Licenses (other than any claim or challenge that applies to PCS or cellular licenses generally). Lessors will undertake to timely file any application required for renewal of the FCC Licenses prior to the expiration of the term of the FCC Licenses. The renewal application shall include an affirmative statement that, subject to renewal of the FCC Licenses, the term of this Agreement shall extend beyond the end of the then-current FCC License term.
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Maintenance of FCC Licenses. The Borrower shall maintain, and cause each Subsidiary to maintain, in full force and effect, the operating license issued by the FCC to it for each Broadcasting Station. The Borrower shall also maintain and cause each Subsidiary to maintain, in full force and effect, all other material licenses, copyrights, patents, including all licenses, permits, applications, reports, authorizations and other rights as are necessary for the conduct of its business, except to the extent that such ownership or right to use shall terminate as a matter of law or expire as a matter of contractual right through no action or default by the Borrower or any Subsidiary.
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Related to Maintenance of FCC Licenses

  • Maintenance of Licenses The Owner Trustee will obtain and maintain any licenses that the Administrator informs the Owner Trustee are required to be obtained or maintained by the Owner Trustee under the laws of any State in connection with the Owner Trustee’s duties and obligations under the Transaction Documents.

  • Maintenance of Intellectual Property The Company will, and will cause each of its Subsidiaries to, take all reasonable action necessary or advisable to maintain all of the Intellectual Property Rights of the Company and/or any of its Subsidiaries that are necessary or material to the conduct of its business in full force and effect.

  • Maintenance of Approvals: Filings, Etc The Fund shall at all times maintain in effect, renew and comply with all the terms and conditions of all consents, filings, licenses, approvals and authorizations as may be necessary under any applicable law or regulation for its execution, delivery and performance of this Agreement and the other Related Documents to which it is a party.

  • Conduct of Business and Maintenance of Existence, etc (a) (i) Preserve, renew and keep in full force and effect its corporate existence and (ii) take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business, except, in each case, as otherwise permitted by Section 7.4 and except, in the case of clause (ii) above, to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect; and (b) comply with all Contractual Obligations and Requirements of Law except to the extent that failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • Conduct of Business and Maintenance of Existence (a) Continue to engage in its principal line of business as now conducted by it, (b) preserve, renew and keep in full force and effect its corporate existence and (c) take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its principal line of business, except, in any such case, as otherwise permitted pursuant to subsection 6.5 or to the extent that failure to do so would not have a Material Adverse Effect.

  • Conduct of Business and Maintenance of Existence and Assets (a) Conduct continuously and operate actively its business according to good business practices and maintain all of its properties useful or necessary in its business in good working order and condition (reasonable wear and tear excepted and except as may be disposed of in accordance with the terms of this Agreement), including all licenses, patents, copyrights, design rights, tradenames, trade secrets and trademarks and take all actions necessary to enforce and protect the validity of any intellectual property right or other right included in the Collateral; (b) keep in full force and effect its existence and comply in all material respects with the laws and regulations governing the conduct of its business where the failure to do so could reasonably be expected to have a Material Adverse Effect; and (c) make all such reports and pay all such franchise and other taxes and license fees and do all such other acts and things as may be lawfully required to maintain its rights, licenses, leases, powers and franchises under the laws of the United States or any political subdivision thereof where the failure to do so could reasonably be expected to have a Material Adverse Effect.

  • Maintenance of Permits Seller shall maintain in existence all licenses, permits and approvals, if any, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Property.

  • Maintenance of Existence (a) Preserve, renew and maintain in full force and effect its legal existence under the Laws of the jurisdiction of its organization or incorporation and (b) take all reasonable action to maintain all rights, privileges (including its good standing), permits, licenses and franchises necessary or desirable in the normal conduct of its business, except (i) in each case of clauses (a) (other than with respect to the Borrower) and (b), to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect or (ii) in each case, pursuant to a transaction permitted by Section 7.04 or Section 7.05.

  • Operation and Maintenance of Properties The Borrower will, and will cause each of its Subsidiaries to: (a) operate its Oil and Gas Properties and other material Properties or cause such Oil and Gas Properties and other material Properties to be operated in a careful and efficient manner in accordance with the practices of the industry and in compliance with all applicable contracts and agreements and in compliance with all Governmental Requirements, including, without limitation, applicable proration requirements and Environmental Laws, and all applicable laws, rules and regulations of every other Governmental Authority from time to time constituted to regulate the development and operation of its Oil and Gas Properties and the production and sale of Hydrocarbons and other minerals therefrom, except, in each case, where the failure to comply could not reasonably be expected to have a Material Adverse Effect. (b) keep and maintain all Property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted preserve, maintain and keep in good repair, working order and efficiency (ordinary wear and tear excepted) all of its material Oil and Gas Properties and other material Properties, including, without limitation, all material equipment, machinery and facilities. (c) promptly pay and discharge, or make reasonable and customary efforts to cause to be paid and discharged, all delay rentals, royalties, expenses and indebtedness accruing under the leases or other agreements affecting or pertaining to its Oil and Gas Properties and will do all other things necessary to keep unimpaired their rights with respect thereto and prevent any forfeiture thereof or default thereunder. (d) promptly perform or make reasonable and customary efforts to cause to be performed, in accordance with industry standards and in all material respects, the obligations required by each and all of the assignments, deeds, leases, sub-leases, contracts and agreements affecting its interests in its Oil and Gas Properties and other material Properties. (e) to the extent the Borrower or one of its Subsidiaries is not the operator of any Property, the Borrower shall use reasonable efforts to cause the operator to comply with this Section 8.06.

  • Maintenance of Existence, etc Maintain and preserve, and (subject to Section 11.5) cause each other Loan Party to maintain and preserve, (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be qualified or in good standing could not reasonably be expected to have a Material Adverse Effect).

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