Representations and Warranties of Paxsxx. Xaxsxx xxxeby represents, warrants and agrees as follows:
Representations and Warranties of Paxsxx. Paxsxx xxxeby represents and warrants to Buyer as follows:
Representations and Warranties of Paxsxx. Xaxsxx xxxresents and warrants to CNI-13 as follows: (a) Paxsxx xxx full corporate power and authority to execute and deliver this Option Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Option Agreement and the consummation of the transactions contemplated hereby by Paxsxx xxxe been duly and validly authorized by all necessary corporate action on the part of Paxsxx. Xxis Option Agreement has been duly and validly executed and delivered by Paxsxx xxx constitutes a legal, valid and binding agreement of Paxsxx xxxorceable against Paxsxx xx accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency or similar laws affecting creditors' rights generally and by judicial discretion in the enforcement of equitable remedies. (b) Except for the FCC Consent, there is no requirement applicable to Paxsxx xx make any filing with, or to obtain any permit, authorization, consent or approval of, any governmental or regulatory authority or any other third party as a condition to the consummation by Paxsxx xx the transactions contemplated by this Option Agreement and the Option Purchase Agreement. (c) Subject to obtaining the FCC Consent, the execution, delivery and performance of this Option Agreement and the Option Purchase Agreement by Paxsxx xxxl not (i) conflict with Paxsxx'x xxxanizational documents, (ii) result in a default (or give rise to any right of termination, cancellation or acceleration) under any of the terms, conditions or provisions of any note, bond, mortgage, agreement, or lease to which Paxsxx xx a party or by which any of its assets are bound, or (iii) violate any statute, law, rule, regulation, order, writ, injunction or decree applicable to Paxsxx. 7. Covenants of CNI-13. CNI-13 will not commit any act that is inconsistent with the grant of the Option to Paxsxx xx the transactions contemplated by this Option Agreement and the Option Purchase Agreement. 8.
Representations and Warranties of Paxsxx. Paxsxx xxxeby represents and warrants to Buyer as follows: (a) Organization, Standing, Authority, Ownership. Paxsxx xx a corporation duly organized, validly existing, and in good standing under the laws of the State of Florida and has the requisite corporate power and authority to executive, delivery perform this Agreement in accordance with its terms.
Representations and Warranties of Paxsxx. Xaxsxx xxxresents and warrants to Licensee as follows:
Representations and Warranties of Paxsxx. Xaxsxx xxxresents and warrants to CNI-26 as follows:
Representations and Warranties of Paxsxx. Xaxsxx xxxresents and warrants to PNB as follows:
Representations and Warranties of Paxsxx. Xaxsxx xxxresents and warrants to CNI-13 as follows:
Representations and Warranties of Paxsxx. 00 Paxsxx-00 hereby represents and warrants to Christian as follows:
Representations and Warranties of Paxsxx. Xaxsxx xxxresents and warrants to Grantor as follows:
