Station Contracts definition

Station Contracts shall have the meaning set forth in Section 2.1.8.

Station Contracts shall have the meaning set forth in Section 1.1(c).

Station Contracts means contracts entered into in good faith and in the ordinary course of business by the Parent on behalf of the Borrower or one or more Restricted Subsidiaries with respect to the ordinary course of operating the radio stations or another Business of the Borrower or any Restricted Subsidiaries.

Examples of Station Contracts in a sentence

• Seller has performed its obligations under each of the Station Contracts in all material respects, and is not in material default thereunder, and to Seller's knowledge, no other party to any of the Station Contracts is in default thereunder in any material respect.

• Each of the Station Contracts (including without limitation each of the Real Property Leases) is in effect and is binding upon Seller and, to Seller's knowledge, the other parties thereto (subject to bankruptcy, insolvency, reorganization or other similar laws relating to or affecting the enforcement of creditors' rights generally).

• Buyer is obligated to hire only those employees that are under employment contracts (and assume Seller's obligations and liabilities under such employment contracts) which are included in the Station Contracts.

• Such prorations shall include, without limitation, all ad valorem, real estate and other property taxes (but excluding taxes arising by reason of the transfer of the Station Assets as contemplated hereby which shall be paid as set forth in Section 13.1), business and license fees, music and other license fees (including any retroactive adjustments thereof), utility expenses, amounts due or to become due under Station Contracts, rents, lease payments and similar prepaid and deferred items.

• On the Closing Date, Buyer shall assume the obligations of Seller (the "Assumed Obligations") arising after Closing under the Station Contracts, including without limitation all agreements for the sale of advertising time on the Stations for cash in the ordinary course of business ("Time Sales Agreements") and all agreements for the sale of advertising time on the Stations for non-cash consideration ("Trade Agreements").

More Definitions of Station Contracts

Station Contracts shall have the meaning set forth in Section 3.10.

Station Contracts has the meaning specified in Section 5.18.

Station Contracts has the meaning set forth in Section 4.6.1.

Station Contracts means the site leases, management contracts, and other contractual obligations listed on Schedule A.

Station Contracts means each of:

Station Contracts means all orders and agreements for the sale of advertising time on the Stations for cash, all trade, barter and similar agreements for the sale of advertising time on the Stations other than for cash (including Program Contracts), and all other contracts, agreements and leases used in the Stations' business or to which any of the Sellers or the Companies is a party or to which any of their Affiliates are a party on behalf of or for the benefit of any of the Stations, together with all such orders, contracts, agreements and leases made between the date hereof and the Closing Date in accordance with Section 5.1, but excluding all collective bargaining agreements and all agreements for personal services (all of which are addressed in Employee Matters); provided, however, that Station Contracts shall not include any of the agreements set forth on Section 3.20 of the Seller Disclosure Schedule.

Station Contracts has the meaning assigned to it in Section 8.21.