Examples of Acceptable Alternative Arrangement in a sentence
Notwithstanding anything herein to the contrary, no Partial Assignment of any Shared Contract or Acceptable Alternative Arrangement shall be completed if it would violate any applicable Law or the rights of any third party to such Shared Contract.
Each of Buyer, Seller, Primestar and PLP shall take all commercially reasonable steps necessary, and shall supply to the other such parties and/or to the FCC all information reasonably necessary, to obtain such Final Order, and shall use its commercially reasonable efforts, including the implementation of an Acceptable Alternative Arrangement, to effect to the fullest extent feasible the consummation of the transactions contemplated in this Agreement.
If an Acceptable Alternative Arrangement is entered into on or prior to the termination hereof, the provisions of this Agreement shall continue to be in full force and effect, subject to any modifications of the terms hereof in connection with the Acceptable Alternative Arrangement, including a date certain upon which the Acceptable Alternative Arrangement shall terminate upon which this Agreement may be terminated by either party.
If an Acceptable Alternative Arrangement is entered into on or prior to December 31, 1999, each of the parties hereto shall continue to use their commercially reasonable efforts to obtain the FCC Consent.
In the event that the In-Orbit Satellite Assets are transferred under this Article X by virtue of a decision by Buyer to waive the Final Order requirement or by mutual agreement of the parties, and the FCC Consent is subsequently reversed or modified in a manner that is materially adverse to either party, the parties shall make commercially reasonable efforts to enter into an Acceptable Alternative Arrangement.
In the event that the parties are unable to enter into such an Acceptable Alternative Arrangement, each party agrees to use its commercially reasonable efforts to unwind this Agreement to the extent necessary to place each party in the position that it was in before the Subsequent Closing Date.
The forward path technique of ‘walking back up the system’ and replacing everything until the problem goes away simply doesn’t work.
If an Acceptable Alternative Arrangement is entered into, upon receipt of the FCC Consent, Seller shall immediately assign the FCC License to Buyer or Newco and such Acceptable Alternative Arrangement shall be cancelled concurrently with such transfer.
If an Acceptable Alternative Arrangement is not entered into on or before December 31, 1999, either party may terminate this Agreement on or after such date.
The failure to enter into, or arrange, a Partial Assignment or an Acceptable Alternative Arrangement shall not in and of itself constitute a breach of this Section 2.2(e) ; provided , that the foregoing shall not preclude consideration of a party’s efforts in pursuing such consent or approval for purposes of determining compliance with this Section 2.2(e) .