Adelphia Systems definition
Examples of Adelphia Systems in a sentence
Transferor Parent agrees, from the date hereof (or, with respect to the Adelphia Systems, from the Adelphia Closing) until Closing, upon reasonable prior written notice, to allow representatives of Transferee Parent to attend meetings and hearings before applicable Governmental Authorities in connection with the renewal or extension of any Transferred License or Transferred Franchise of such Transferor Parent.
On or prior to the date which is 45 days prior to the anticipated date of Closing, each Transferor Parent shall deliver to Transferee Parent a list of all Local Retransmission Consent Agreements then in effect with respect to the Native Systems (or, with respect to the Adelphia Systems, those Local Retransmission Consent Agreements entered into between the Adelphia Closing and the Closing) to be directly or indirectly transferred by such Transferor Parent or its Affiliates in an Exchange.
From the date hereof (or, with respect to the Adelphia Systems, from the Adelphia Closing) until Closing, Transferor Parent shall, and shall cause its Affiliates to, use commercially reasonable efforts to obtain renewals or valid extensions of any Transferred Franchises of such Transferor Parent which expire on or before June 30, 2008, in the ordinary course of business.
As soon as reasonably practicable following the Adelphia Closing, if the Closing has not occurred, Transferor Parent and Transferee Parent shall consult with each other regarding the development of subscriber campaigns and promotions to be conducted in respect of the Adelphia Systems during the period between the Adelphia Closing and the Closing.
This Section 6.6 shall apply to the Adelphia Systems and the Adelphia Assets only after the Adelphia Closing.
The rights and obligations of the parties under this Section 6.9(c) in respect of the Adelphia Systems shall be subject to the relevant Adelphia Purchase Agreement.
Adelphia Systems Franchises, Systems Licenses, Systems Contracts, Owned Property and Real Property Interests......................................................49 Section 5.06.
The Adelphia Systems Financial Statements are management reports that fairly present in accordance with GAAP except for the absence of footnotes, in all material respects, such Adelphia Systems' financial position, and results of operations as of the dates and for the periods indicated, subject to normal adjustments, allocations and accruals (none of which will be material to the financial position or operating results of the Systems).
The Adelphia Assets include such amounts of inventory as are sufficient to operate the Adelphia Systems in a manner consistent with past practice for a period not less than 30 days.
Except as disclosed on Schedule 5.26, none of the Adelphia Systems or any material Adelphia Assets are subject to any purchase option, right of first refusal or similar arrangement which would be triggered by the transactions contemplated by this Agreement ("Adelphia Systems Option").