Common use of Purchaser's Qualification Clause in Contracts

Purchaser's Qualification. The Purchaser is in all material respects qualified legally, financially and otherwise to be the licensee of the Station, and has or shall have sufficient resources to pay in full all amounts due to the Seller under this Agreement when such amounts are due.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Hispanic Broadcasting Corp), Asset Purchase Agreement (Hispanic Broadcasting Corp), Asset Purchase Agreement (Hispanic Broadcasting Corp)

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Purchaser's Qualification. The Purchaser is in all material respects qualified legally, financially and otherwise to be the licensee of the StationStations, and has or shall have on the Closing Date sufficient resources funds to pay in full all amounts due to the Seller under this Agreement when such amounts are due.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Hispanic Broadcasting Corp), Asset Purchase Agreement (Big City Radio Inc), Asset Purchase Agreement (Big City Radio Inc)

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Purchaser's Qualification. The Purchaser is in all material respects qualified legally, financially and otherwise to be the licensee of the StationStations, and has or shall have sufficient resources to pay in full all amounts due to the Seller under this Agreement when such amounts are due.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hispanic Broadcasting Corp)

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