Right to Enter Sub-Sharing Agreements Sample Clauses

Right to Enter Sub-Sharing Agreements. Subject to the terms of the Transmission Facilities Lease and/or the approval rights of the landlord/licensor and any third parties thereunder as contained therein, each of Sharer and Xxxxxx, in its respective sole discretion, shall have the right to enter into additional channel sharing agreements (each, a “Sub-Sharing Agreement”) with other FCC licensed stations (each, a “Sub-Xxxxxx”) within its allocated capacity, subject to the terms in Sections 2.5(a) and (c), provided that each party shall remain responsible for its compliance obligations under this Agreement and any acts or omissions of its Sub-Sharees. For clarity, the party entering such Sub-Sharing Agreement shall be responsible for any defaults or breaches by its Sub- Sharees of such party’s obligations under this Agreement, and shall indemnify and hold the other party harmless from any and all Losses as a result thereof, including, without limitation, those Losses arising under the Transmission Facilities Lease. No Sub-Sharing Agreement shall relieve any party of its obligations hereunder. Promptly upon execution of any Sub-Sharing Agreement by either party, such party shall provide to the other party information regarding such Sub-Sharing Agreement, including, but not limited to, critical contact information for and spectrum to be allocated to the Sub-Xxxxxx. Upon reasonable request, each party shall provide a copy of any Sub-Sharing Agreements, with confidential information redacted, to the other party hereto. The party entering into a Sub-Sharing Agreement shall be solely responsible for any incremental costs related to or arising out of such Sub- Sharing Agreement, including, but not limited to, capital or operating expenses related to the encoding pool and additional lease or license payments or surcharges under the Transmission Facilities Lease.
Sample 1
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Right to Enter Sub-Sharing Agreements. Subject to the terms of the Transmission Facilities Lease and/or the approval rights of the landlord/licensor and any third parties thereunder as contained therein, each of Sharer and Xxxxxx, in its respecti...
Sample 1

Related to Right to Enter Sub-Sharing Agreements

  • Termination of Existing Tax Sharing Agreements Any and all existing Tax sharing agreements (whether written or not) binding upon the Company shall be terminated as of the Closing Date. After such date neither the Company nor any of its Representatives shall have any further rights or liabilities thereunder.

  • Tax Sharing Agreements All tax sharing agreements or similar agreements with respect to or involving the Company shall be terminated as of the Closing Date and, after the Closing Date, the Company shall not be bound thereby or have any liability thereunder.

  • Tax Sharing Agreement TAX SHARING AGREEMENT" means the Tax Sharing Agreement, attached as EXHIBIT F to the Separation Agreement.

  • Termination of Tax Sharing Agreements All Tax sharing agreements or similar arrangements with respect to or involving the Business shall be terminated prior to the Closing Date and, after the Closing Date, Buyer and its Affiliates shall not be bound thereby or have any liability thereunder for amounts due in respect of periods ending on or before the Closing Date.

  • Separate Agreement The parties hereto acknowledge that certain provisions of the Investment Company Act, in effect, treat each series of shares of an investment company as a separate investment company. Accordingly, the parties hereto hereby acknowledge and agree that, to the extent deemed appropriate and consistent with the Investment Company Act, this Agreement shall be deemed to constitute a separate agreement between the Investment Manager and each Fund.

  • Lock-Up Agreement from Certain Securityholders of the Company On or prior to the date hereof, the Company shall have furnished to the Representatives an agreement in the form of Exhibit B hereto from the persons listed on Exhibit A hereto, and such agreement shall be in full force and effect on each of the First Closing Date and each Option Closing Date.

  • Company Lock Up Agreements The Company, on behalf of itself and any successor entity, agrees that, without the prior written consent of the Placement Agent, it will not for a period of thirty (30) days after the date of this Agreement (the “Lock-Up Period”), (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any ADSs, Ordinary Shares or other capital stock of the Company or any securities convertible into or exercisable or exchangeable for ADSs, Ordinary Shares or such other shares of capital stock of the Company; (ii) file or cause to be filed any registration statement with the Commission relating to the offering of any ADSs, Ordinary Shares or other shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company; or (iii) complete any offering of debt securities of the Company, other than entering into a line of credit with a traditional bank or (iv) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of ADSs, Ordinary Shares or other capital stock of the Company, whether any such transaction described in clause (i), (ii), (iii) or (iv) above is to be settled by delivery of ADSs, Ordinary Shares or other shares of capital stock of the Company or such other securities, in cash or otherwise. The restrictions contained in this Section 3.18 shall not apply to (i) the ADSs, Ordinary Shares and the Placement Agent’s Warrant, (ii) the issuance by the Company of ADSs upon the exercise of the Placement Agent’s Warrant or a stock option or warrant or the conversion of a security outstanding on the date hereof, or issuable pursuant to currently existing undertakings of the Company, which is disclosed in the Registration Statement, Disclosure Package and Prospectus, provided that such options, warrants, and securities have not been amended since the date of this Agreement to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of such securities or to extend the term of such securities, (iii) the issuance by the Company of stock options, shares of capital stock of the Company or other awards under any equity compensation plan of the Company, provided that the underlying shares shall be restricted from sale during the entire Lock-Up Period; and (iv) transactions with members of the management and/or the board of directors of the Company, involving the issuance of equity securities of the Company in consideration of cash, provided that the underlying shares shall be restricted from sale during the entire Lock-Up Period.

  • Sub-Agreements Party shall not assign, subcontract or subgrant the performance of this Agreement or any portion thereof to any other Party without the prior written approval of the State. Party shall be responsible and liable to the State for all acts or omissions of subcontractors and any other person performing work under this Agreement pursuant to an agreement with Party or any subcontractor.

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

  • Lock-Up Agreements At the date of this Agreement, the Representatives shall have received an agreement substantially in the form of Exhibit C hereto signed by the persons listed on Schedule D hereto.

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