Common use of Purchaser's Qualification Clause in Contracts

Purchaser's Qualification. Except as set forth in Section 4.7 of the Disclosure Schedule, (a) Purchaser does not know of any fact or circumstance that could reasonably be expected to result in a finding by the FCC that Purchaser is not qualified legally, financially or otherwise to be the licensee of the Stations as its operations are now being conducted and (b) except for the FCC's Duopoly Rule, a waiver of which will be requested by Purchaser (or Purchaser shall be restructured to comply with), Purchaser does not know of any policy, rule, regulation or ruling of the FCC that could reasonably be expected to be violated by the acquisition of the Stations by Purchaser.

Purchaser's Qualification. Except as set forth in Section 4.7 of the Disclosure Schedule, (ai) Purchaser does not know of any fact or circumstance that could reasonably be expected to result in a finding by the FCC that Purchaser is not qualified legally, financially or otherwise to be the licensee of the Stations as its operations are now being conducted and (bii) except for the FCC's Duopoly Rule, a waiver of which will be requested by Purchaser (or Purchaser shall be restructured to comply with)Purchaser, Purchaser does not know of any policy, rule, regulation or ruling of the FCC that could reasonably be expected to be violated by the acquisition of the Stations by Purchaser.