We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Time Brokerage Agreement Sample Clauses

Time Brokerage Agreement. The Time Brokerage Agreement shall be in full force and effect, and Buyer shall have complied in all material respects with its obligations thereunder.
Time Brokerage AgreementThe parties acknowledge that simultaneously with the execution of this Agreement, Seller and Purchaser shall enter into the TBA substantially in the form of Exhibit M hereto, consistent with FCC rules and regulations, for the period prior to the Closing Date, providing for the operation of the Station by Purchaser. If the Seller and Purchaser enter into the TBA, purchaser shall not have any claim or right, including, without limitation, any right to terminate this Agreement, due to the inaccuracy of any representation or warranty, the breach of any covenant, or the failure of any condition resulting from the operation of the Station by Purchaser under the TBA.
Time Brokerage Agreement. The TBA and all agreements contemplated therein shall have become effective in accordance with the terms and conditions thereof and, from and after the date the TBA and such agreements are to first become effective through and including the Closing Date, the TBA and such agreements shall have not been terminated due to Buyer's breach thereof.
Time Brokerage Agreement. The Time Brokerage Agreement shall be in full force and effect and Buyer shall not be in material breach of its obligations thereunder.
Time Brokerage Agreement. Upon execution of this Agreement, One-On-One Radio and Buyer shall enter into the TBA.
Time Brokerage AgreementBuyer and Seller have entered into a Time Brokerage Agreement attached hereto in Schedule 6.4.
Time Brokerage Agreement. ATTACHMENT V If the notice is to Licensees, to It at: Multicultural Radio Broadcasting, Inc. 000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxx Xxx, President with a copy to: Xxxx X. Xxxx, Esq. Shook, Hardy & Bacon, LLP 000 Xxxxxxxxxxxx Xxxxxx, XX Xxxxx 000 Xxxxxxxxxx, XX 00000 If the notice is to Broker: Nassau Broadcasting Partners, L.P. 000 Xxxxxxxxx Xxxx, Xxxxx Xxxxx Xxxxxxxxx, Xxx Xxxxxx 00000 Attention: Xxxxx X. Xxxxxxxxxx, Xx. with a copy to:
Time Brokerage Agreement. The TBA and all agreements contemplated therein shall have become effective in accordance with the terms and conditions thereof and, from and after the date the TBA and such agreements are to first become effective through and including the Closing Date, the TBA and such agreements shall have not terminated due to Buyer's breach thereof.
Time Brokerage AgreementSubject to the expiration or termination of the waiting period under the HSR Act, if applicable, without any unresolved action by the DOJ or FTC to prevent the commencement of the Time Brokerage Agreement, Buyer and Sellers shall enter into the Time Brokerage Agreement upon no less than 10 business days notice from Buyer to Sellers. Buyer shall be solely responsible for all costs and expenses relating to or arising from the commencement of Buyer's programming on the Station and the performance by Buyer of its other obligations under the Time Brokerage Agreement. No act or omission of Buyer or its agents during the effective period of the Time Brokerage Agreement shall constitute or result in a breach or default by Sellers of any representation, warranty or covenant of Sellers contained in this Agreement.
Time Brokerage Agreement. At the option of Seller, exercisable by providing written notice to Buyer at any time simultaneously with or after the execution of the Agreement, Buyer and Seller will enter into a time brokerage agreement, pursuant to which Buyer will obtain the right to broadcast on the Station all of the programming thereon other than during a mutually agreeable two hour period and to provide all services (and retain all revenues) relating to the sale of advertising time on the Station. Subject to the rights retained by the Seller as required by applicable law, including the rules and regulations of the FCC, and a prohibition against moving the Station's main studio location or making other than certain agreed to format changes, Buyer will exercise complete discretion in the operation of the Station. In consideration of the rights obtained by Buyer under the new TBA, Buyer will provide Seller with a monthly fee of $150,000, together with monthly reimbursement of verifiable, reasonable operating expenses of the Stations incurred by Seller. Subject to applicable governmental requirements, the time brokerage agreement shall contain certain other customary terms and conditions and shall include a term beginning on a date specified by Seller, but not earlier than 10 business days after Seller's notice to Buyer pursuant to this Section 6.11 and ending upon the earlier of (i) the date of the closing of the transactions contemplated by this Agreement; or (ii) the termination of this Agreement; provided, at Seller's option following termination of this Agreement as a result of Buyer's breach, the term of the time brokerage agreement shall not end until up to one year (as designated by Seller) after termination of this Agreement; provided further, if Buyer materially breaches the time brokerage agreement following termination of this Agreement, Buyer shall pay to Seller, as liquidated damages, the sum of the number of months which would have remained under the TBA had the TBA not been terminated multiplied by $150,000.