Material FCC License definition

Material FCC License means FCC License that is, in the reasonable determination of the Borrower, material to the operation of the business of the Borrower and its Subsidiaries, taken as a whole.
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Material FCC License means each FCC License with an appraised value in excess of $2,000,000.
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Material FCC License means a FCC License, the cancellation or termination (except pursuant to an Asset Sale permitted hereby) of which could reasonably be expected to (a) result in a Material Adverse Change or (b) prevent any of the top ten Market Ranked Stations from broadcasting its digital or analog signal in accordance with the rules, regulations and requirements of the FCC.
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Examples of Material FCC License in a sentence

  • Each Credit Party shall file or cause to be filed all necessary applications for renewal of, and shall preserve in full force and effect all, Material FCC Licenses; provided, however, that any failure to preserve any Material FCC License in full force and effect which results either from (x) the conversion of analog television stations to digital television, (y) a Relocation or (z) any asset sale, Asset Swap or other Disposition permitted hereunder shall not constitute a breach of this Section 6.8.

  • Each Credit Party shall file or cause to be filed all necessary applications for renewal of, and shall preserve in full force and effect all, Material FCC Licenses; provided, however, that any failure to preserve any Material FCC License in full force and effect which results either from (x) a Relocation or (y) any asset sale, Asset Swap or other Disposition permitted hereunder shall not constitute a breach of this Section 6.8.

  • Following are few matters to be attended to for choosing such method.

  • Each Credit Party shall file or cause to be filed all necessary applications for renewal of, and shall preserve in full force and effect all, Material FCC Licenses; provided, however, that any failure to preserve any Material FCC License in full force and effect which results from (x) the conversion of analog television stations to digital television, (y) a Relocation or (z) any asset sale, Asset Swap or other Disposition permitted hereunder shall not constitute a breach of this Section 6.7.

  • No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation, termination, modification or restriction of any Material FCC License which could reasonably be expected to have a Material Adverse Effect.

  • In addition, except as set forth on Schedule 3.11(g), no such investigation, notice of apparent liability, violation, forfeiture or other order or complaint issued by or before any Governmental Authority, including the FCC, or any other proceedings have occurred or been issued with respect to any Credit Party, License Subsidiary or any Material FCC License since the last renewal of each such Material FCC License.

  • No Credit Party shall take any action that could cause the FCC to institute anyproceedings for the cancellation, revocation, non-renewal, short-term renewal or adverse modification of any Material FCC License or take or permit to be taken any other action within its control that could result in non-compliance with the requirements of the Communications Laws in any material respect.

  • All Material FCC Licenses are in full force and effect and have been duly and validly issued in the name of, or validly assigned to, the respective Credit Party and, in the case of each Material FCC License is held by a LicenseSubsidiary which is a direct or indirect wholly-owned Subsidiary of the Credit Party operating the Station with respect to which such FCC License was issued.

  • Any Material FCC License -------------------------- or Material PUC Authorization of the Borrower or any of its Subsidiaries shall be revoked, suspended, canceled, otherwise terminated or fail to be renewed.

  • Any Material FCC License of the Borrower or any of its Subsidiaries shall be revoked, suspended, canceled, otherwise terminated or fail to be renewed.


More Definitions of Material FCC License

Material FCC License means any FCC License other than an -------------------- Immaterial FCC License, including, without limitation, any FCC License designated as a "Material FCC License" on Schedule 3.24. -------------
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Material FCC License means an FCC License that is, in the reasonable determination of the Borrower, material to the operation of the business of the Borrower and its Subsidiaries, taken as a whole. “Material Intellectual Property” shall mean any intellectual property that is material to the operation of the business of the Borrower and its Restricted Subsidiaries, taken as a whole. During the TLF Outstanding Period and notwithstanding anything to the contrary herein, the Borrower (x) will not permit any of its Unrestricted Subsidiaries to make any dividend or other distribution declared or paid on any Capital Stock of such Unrestricted Subsidiary on a greater than pro rata basis to any holder of the Capital Stock of such Unrestricted Subsidiary (other than to the extent any of the Borrower or a Restricted Subsidiary receive a greater than pro rata share of such dividend or other distribution) and (y) shall cause its Unrestricted Subsidiaries (other than the Securitization Subsidiary) to dividend or otherwise distribute, at such times as may be determined in good faith by the Borrower, to the Borrower or any Restricted Subsidiary (and, if applicable, to any other holders of the Capital Stock of such Unrestricted Subsidiaries on a not greater than pro rata basis) any cash or Cash Equivalents (whether generated from operations, asset sales or otherwise) of such Unrestricted Subsidiaries, taken as a whole, that are not, in the good faith determination of the Borrower, reasonably necessary for bona fide business purposes of such Unrestricted Subsidiaries, taken as a whole.
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Related to Material FCC License

  • FCC License means a License issued or granted by the FCC.

  • FCC Licenses means a License issued or granted by the FCC.

  • Material Intellectual Property means Intellectual Property owned by or licensed to a Grantor and material to the conduct of any Grantor’s business.

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);

  • Governmental Approval is any consent, authorization, approval, order, license, franchise, permit, certificate, accreditation, registration, filing or notice, of, issued by, from or to, or other act by or in respect of, any Governmental Authority.

  • Material Agreement means any material contract, commitment, agreement (written or oral), instrument, lease or other document, license agreement and agreements relating to intellectual property, to which the Corporation or any Subsidiary are a party or to which any of their property or assets are otherwise bound;

  • IP License means all Contractual Obligations (and all related IP Ancillary Rights), whether written or oral, granting any right, title and interest in or relating to any Intellectual Property.

  • Copyleft License means any license that requires, as a condition of use, modification and/or distribution of software subject to such license, that such software subject to such license, or other software incorporated into, derived from, or used or distributed with such software subject to such license (i) in the case of software, be made available or distributed in a form other than binary (e.g., source code form), (ii) be licensed for the purpose of preparing derivative works, (iii) be licensed under terms that allow the Company’s or any Subsidiary of the Company’s products or portions thereof or interfaces therefor to be reverse engineered, reverse assembled or disassembled (other than by operation of Law) or (iv) be redistributable at no license fee. Copyleft Licenses include the GNU General Public License, the GNU Lesser General Public License, the Mozilla Public License, the Common Development and Distribution License, the Eclipse Public License and all Creative Commons “sharealike” licenses.

  • Environmental Permit means any permit, approval, identification number, license or other authorization required under any Environmental Law.

  • Owned Company Intellectual Property means that portion of the Company Intellectual Property and Company Intellectual Property Rights that is owned by the Company Entities.