Common use of Program Rights and Barter Agreements Clause in Contracts

Program Rights and Barter Agreements. Licensee represents and warrants that (i) it is current in all payment obligations and is not otherwise in default under the Program Rights Agreements and (ii) there are no Barter Agreements as defined in the Asset Purchase Agreement which extend beyond the Effective Date and which exceed in the aggregate Five Thousand Dollars ($5,000).

Appears in 6 contracts

Samples: Local Marketing Agreement (Cumulus Media Inc), Local Marketing Agreement (Cumulus Media Inc), Local Marketing Agreement (Cumulus Media Inc)

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