Common use of Assumed Obligations Clause in Contracts

Assumed Obligations. 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").

Appears in 15 contracts

Samples: Asset Purchase Agreement (Clear Channel Communications Inc), Asset Purchase Agreement (Cox Radio Inc), Asset Purchase Agreement (Clear Channel Communications Inc)

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Assumed Obligations. 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 Station for cash in the ordinary course of business ("Time Sales Agreements") and all agreements for the sale of advertising time on the Stations Station for non-cash consideration ("Trade Agreements").

Appears in 3 contracts

Samples: Asset Purchase Agreement (Clear Channel Communications Inc), Asset Purchase Agreement (Clear Channel Communications Inc), Asset Purchase Agreement (Clear Channel Communications Inc)

Assumed Obligations. On Subject to Section 3.2, on the Closing Date, Buyer shall assume the obligations of Seller arising after Closing under the Station Contracts (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 entered into in the ordinary course of business consistent with past practices ("Trade Agreements").

Appears in 2 contracts

Samples: Asset Purchase Agreement (Clear Channel Communications Inc), Asset Purchase Agreement (Infinity Broadcasting Corp /De/)

Assumed Obligations. 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 at commercially reasonable rates 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").

Appears in 1 contract

Samples: Asset Purchase Agreement (Radio One Inc)

Assumed Obligations. 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").

Appears in 1 contract

Samples: Asset Purchase Agreement (Entravision Communications Corp)

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Assumed Obligations. 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 Station for cash at commercially reasonable rates and in the ordinary course of business ("Time Sales Agreements") and all agreements for the sale of advertising time on the Stations Station for non-cash consideration arising in the ordinary course of business of Seller consistent with past practices ("Trade Agreements").

Appears in 1 contract

Samples: Asset Purchase Agreement (Capstar Broadcasting Partners Inc)

Assumed Obligations. 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").including

Appears in 1 contract

Samples: Asset Purchase Agreement (Capstar Broadcasting Partners Inc)

Assumed Obligations. 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 Station for cash in the ordinary course of business ("Time Sales Agreements") and all agreements for the sale of advertising time on the Stations Station for non-cash consideration ("Trade Agreements").;

Appears in 1 contract

Samples: Asset Purchase Agreement (Clear Channel Communications Inc)

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