FCC License Subsidiary definition

FCC License Subsidiary means Satellite CD Radio LLC, a Delaware limited liability company and a Wholly Owned Subsidiary, XM Radio LLC, a Delaware limited liability company and a Wholly Owned Subsidiary, and any other Subsidiary formed for the sole purpose of holding FCC licenses and all of the issued and outstanding Capital Stock of which is owned by the Company and the Subsidiary Guarantors.

FCC License Subsidiary means XM Radio Inc., a wholly owned subsidiary of the Borrower that holds all of the FCC licenses with respect to the provision of satellite digital radio service in the United States by the Borrower or any of its Subsidiaries.

FCC License Subsidiary means XM Radio Inc., a wholly owned subsidiary of the Company that owns all of the Company's FCC licenses to provide satellite digital radio service in the United States.

Examples of FCC License Subsidiary in a sentence

• The Company shall maintain direct ownership of all of the Capital Stock of the FCC License Subsidiary.

• The Pledged Shares represent one hundred percent (100%) of the total number of shares of the FCC License Subsidiary which are issued and outstanding.

• All of the outstanding Capital Stock of the FCC License Subsidiary, XM Capital Subsidiary and XM Leasing Subsidiary are duly authorized, validly issued, fully paid and non-assessable, and all such Capital Stock is owned beneficially and of record by the Company free and clear of any Lien, except as contemplated by the FCC License Subsidiary Pledge Agreement or its predecessor agreement.

• The Company shall enter into at the Closing the FCC License Subsidiary Pledge Agreement.

• The only assets of the FCC License Subsidiary consist of all of the FCC licenses used in transmitting the XM Radio Service.

More Definitions of FCC License Subsidiary

FCC License Subsidiary means Mobile Satellite Ventures Subsidiary LLC, a wholly owned Subsidiary of the Company that owns all of the Company’s FCC licenses in the United States.

FCC License Subsidiary means XM Radio Inc., a Delaware corporation and direct Wholly Owned Subsidiary of the Company.

FCC License Subsidiary means XM Radio Inc., a wholly owned subsidiary of XM Satellite Radio Inc., which owns all of the FCC Licenses of XM Satellite Radio Inc. used to provide satellite digital radio service in the United States.

FCC License Subsidiary mean XM Radio Inc., a Delaware corporation.

FCC License Subsidiary means Satellite CD Radio, Inc., the wholly owned subsidiary of the Company that owns certain of the Company’s FCC Licenses to provide satellite digital radio service in the United States.

FCC License Subsidiary means TerreStar License Inc., a Delaware corporation.

FCC License Subsidiary means XM Radio Inc., a Delaware corporation and a Wholly Owned Subsidiary, and any other Restricted Subsidiary formed for the sole purpose of holding FCC licenses and all of the issued and outstanding Capital Stock of which is owned by the Company and the Subsidiary Guarantors.