Management Company Covenants. (a) The Company shall cause the Management Company to be solely responsible for all asset management activities of the Company, its Subsidiaries and any of their affiliates. The Company shall not permit its Subsidiaries or any of their affiliates (either presently existing or subsequently formed entities), other than the Management Company, to conduct such asset management activities unless (i) otherwise required by law or regulation and (ii) such management activities are conducted by one or more Subsidiaries of Deerfield & Company LLC, a Delaware limited liability company, which Subsidiaries shall be subject to all provisions contained herein with respect to the Management Company.
Management Company Covenants. (a) Management Company shall, at Management Company’s non-reimbursable expense, maintain its legal existence and good standing and obtain and maintain in effect all licenses and permits not directly attributable to Mediaco or the Business that are necessary or desirable to carry out its duties hereunder (other than licenses and permits directly attributable to the Stations or the Business).
Management Company Covenants. The Management Company HEREBY COVENANTS with the Landlord and Tenant as follows:-
Management Company Covenants. The Management Company hereby covenants:
Management Company Covenants. 6.1 Subject to the provisions of clause 8.3, the Management Company covenants with the Landlord and the Tenant to observe and perform on behalf of the Landlord the obligations on the Landlord set out clause 10 and in paragraph 2, paragraph 3 and paragraph 4 of Schedule 6. These provisions shall apply to the Management Company to the same extent as they apply to the Landlord, and the Management Company may, in carrying out its obligations under these provisions, exercise on behalf of the Landlord the rights granted to the Landlord under these provisions. For the avoidance of doubt, the Landlord's liability to the Tenant under these provisions shall not be affected by the Management Company's covenant contained in this clause 6.1.
