NO TRANSMISSION DEFECTS. There shall not exist any loss or damage at any Station which has resulted in the regular broadcast transmission of such Station (including such Station's effective radiated power) to be diminished in any material respect; provided, that if any such loss or damage does exist, then either or both of the Company and Purchaser shall be entitled, by written notice to the other, to postpone the Non-License Transfer Date or the Closing Date, as applicable, for a period of up to sixty (60) days to resume such Station's broadcast transmission.
Appears in 3 contracts
Samples: Purchase Agreement (Sinclair Broadcast Group Inc), Purchase Agreement (STC Broadcasting Inc), Purchase Agreement (Sinclair Broadcast Group Inc)
NO TRANSMISSION DEFECTS. There shall not exist any loss or damage at any the Station which has resulted in the regular broadcast transmission of such the Station (including such Station's its effective radiated power) to be diminished in any material respect; provided, that if any such loss or damage does exist, then either or both of the Company and Purchaser shall be entitled, by written notice to the other, to postpone the Non-License Transfer Closing Date or the Closing Date, as applicable, for a period of up to sixty (60) 60 days to resume such the Station's broadcast transmission.
Appears in 2 contracts
Samples: Purchase Agreement (Ackerley Group Inc), Purchase Agreement (Sinclair Broadcast Group Inc)
NO TRANSMISSION DEFECTS. There shall not exist any loss or damage at any Station of the Stations which has resulted in the regular broadcast transmission of such Station (including such Station's its effective radiated power) to be diminished in any material respect; provided, that if any such loss or damage does exist, then either or both of the Company Sellers and Purchaser Buyer shall be entitled, by written notice to the other, to postpone the Non-License Transfer Date or the Closing Date, as applicable, for a period of up to sixty (60) days to resume such Station's broadcast transmission.
Appears in 2 contracts
Samples: Asset Purchase Agreement (STC Broadcasting Inc), Asset Purchase Agreement (Sinclair Broadcast Group Inc)
NO TRANSMISSION DEFECTS. There shall not exist any loss or damage at any Station of the Stations which has resulted in the regular broadcast transmission of such Station (including such Station's its effective radiated power) to be diminished in any material respect; provided, that if any such loss or damage does exist, then either or both of the Company and Purchaser shall be entitled, by written notice to the other, to postpone the Non-License Transfer Closing Date or the Closing Date, as applicable, for a period of up to sixty (60) 60 days to resume such Station's broadcast transmission.
Appears in 1 contract
