Common use of MIB Approval Clause in Contracts

MIB Approval. The Consent of MIB in respect of the change in the composition of the Board and the shareholding pattern of the Company pursuant to this Agreement and the other Transaction Documents and the renewal of the uplinking and downlinking license for each of the MAA Channels shall have been obtained in a form satisfactory to the Purchasers and shall remain in full force and effect.

MIB Approval. The Consent of MIB in respect of the change in the composition of the Board and the shareholding pattern of the Company pursuant to this Agreement and the other Transaction Documents and the renewal of the uplinking and downlinking license for each of the channel MAA Channels TV required in connection with the Contemplated Transactions shall have been obtained in a form satisfactory to the Purchasers and shall remain in full force and effect.

MIB Approval. The Consent of MIB shall have been obtained for in respect of the change in the composition of the Board of Directors and the shareholding pattern of the Company pursuant andpursuant to this Agreement and the other Transaction Documents and the renewal of the uplinking and downlinking license for each of the channel MAA Channels TV required in connection with the Contemplated Transactions shall have been obtained in a form satisfactory to the Purchasers and shall remain in full force and effect.

MIB Approval. The requisite Consent of MIB in respect of the change in the composition of the Board and the shareholding pattern of the Company pursuant to this Agreement and the other Transaction Documents and the renewal of the uplinking and downlinking license for each of the MAA Channels shall have been obtained in a form satisfactory to the Purchasers and shall remain in full force and effect.