Station Asset definition

Station Asset means each platform, footbridge, canopy or building located at a Station;
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Examples of Station Asset in a sentence

  • The Station Asset Register shall be maintained at the Station Area, and shall be available for audit and inspection by Authority.

  • Anything in this Agreement to the contrary notwithstanding, this Agreement shall not constitute an agreement to assign any Station Asset or any claim or right or any benefit arising thereunder or resulting therefrom if such assignment, without the consent of a third party thereto, would constitute a breach or other contravention of such Station Asset or in any way adversely affect the rights of Buyer or the Seller or any of their respective Affiliates thereunder.

  • Seller shall repair, replace and restore, or assign to Buyer the insurance proceeds that will fully reimburse Buyer for repairing, replacing and restoring, any damaged or lost material Station Asset to its prior condition as soon as possible and in no event later than the Effective Time.

  • Anything in this Agreement to the contrary notwithstanding, this Agreement shall not constitute an agreement to assign any Station Asset or any claim or right or any benefit arising thereunder or resulting therefrom if such assignment, without the consent of a third party thereto, would constitute a breach or other contravention of such Station Asset or in any way adversely affect the rights of WTGS TV, Buyer or the Seller or any of their respective Affiliates thereunder.

  • In consultation with CBS, SFX shall repair, replace and restore any such damaged or lost SFX Station Asset to its prior condition as soon as possible and in no event later than the Closing Date.

  • In consultation with Buyer, Seller shall repair, replace and restore any damaged or lost Station Asset to its prior condition as soon as possible and in no event later than the Closing, or, in the alternative and at Buyer's option, provide a reduction in the Purchase Price by an amount equal to the replacement value of the damaged or lost Station Asset not covered by an assignment to Buyer of insurance proceeds therefor and payment by Seller to Buyer of any applicable deductible.

  • In consultation with Buyer, Seller shall repair, replace and restore any such damaged or lost Station Asset to its prior condition as soon as possible and in no event later than the Closing.

  • Seller shall repair, replace and restore any damaged or lost Station Asset to its prior condition as soon as possible and in no event later than the Effective Time.

  • Seller shall obtain at its own expense the consent of any third parties, if any, necessary for the assignment to Buyer of any Station Asset to be assigned hereunder.

  • In the event of any casualty loss or damage to the Station Assets prior to the LMA Commencement Date, Seller shall be responsible for repairing or replacing (as appropriate under the circumstances) any lost or damaged Station Asset (the “Damaged Asset”) unless such Damaged Asset was obsolete and unnecessary for the continued operation of the Stations consistent with Seller’s past practice and the FCC Licenses.