Examples of FCC License in a sentence
Each such FCC License is in full force and effect and such FCC Licenses are not subject to any material restriction or material conditions that limit the operation of the businesses of the Borrower and its Subsidiaries, other than restrictions or conditions generally applicable to licenses of that type.
Notwithstanding anything in this Agreement to the contrary, if, after the Closing, WEEU sells the FCC License to an acquirer who makes use of the current tower site, such acquirer shall be responsible for compliance with all applicable FCC requirements relating to the use and operation of the transmitting equipment at that site for as long as the acquirer broadcasts from that site.
If, after the Closing, Sellers are able to identify a buyer for the WEEU FCC License, Buyer shall, pursuant to an agreement on commercially reasonable terms that allows for indemnification of Buyer, allow such buyer use of and site access to WEEU’s current tower, antenna and transmitter located at the tower site until the earlier of (a) five (5) years from the Closing Date, and (b) the date the Buyer sells the Owned Real Property upon which such transmitting facilities are located.
The College and NNMRF acknowledge and agree that the College, as the holder of the FCC License, bears the ultimate responsibility for renewal of the FCC License, applications for power increases and such other reports and filings as may be required by the FCC.
If Customer is operating in compliance with this Agreement and is current on any payments owed to Sensus, when the FCC License renews, the Parties will apply to the FCC to renew this Lease.