Between December. 31, 1999 and the TBA Date except as set forth in the Financial Statements for the five (5) month period ending May 31, 2000, Seller has not: (i) Except as set forth in Schedule 3.13 or Schedule 3.18(b), made any material increase in compensation payable or to become payable to any of the employees of the Company or the Station, or any bonus payment made or promised to any employee of the Company or the Station, or any material change in personnel policies, employee benefits, or other compensation arrangements affecting the employees of the Station or the Company; (ii) Made any sale, assignment, lease, or other transfer of any of the Station's or the Company's properties other than in the normal and usual course of business with suitable replacements being obtained therefor; (iii) Canceled any debts owed to or claims held by Seller, except in the normal and usual course of business; (iv) Suffered any material write-down of the value of any Assets or any material write-off as uncollectible of any accounts receivable of the Station; or (v) Hired or granted any right under, or entered into any settlement regarding the breach or infringement of, any license, patent, copyright, trademark, trade name, franchise, or similar right, or modified any existing right of the Company or otherwise relating to the Station.
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Between December. 31, 1999 and the TBA Date except as set forth in the Financial Statements for the five (5) month period ending May 31, 2000, Seller has not:
(i) Except as set forth in Schedule 3.13 3.12 or Schedule 3.18(b3.17(b), made any material increase in compensation payable or to become payable to any of the employees of the Company or the Station, or any bonus payment made or promised to any employee of the Company or the Station, or any material change in personnel policies, employee benefits, or other compensation arrangements affecting the employees of the Station or the CompanyStation;
(ii) Made any sale, assignment, lease, or other transfer of any of the Station's or the Company's properties other than in the normal and usual course of business with suitable replacements being obtained therefor;
(iii) Canceled any debts owed to or claims held by SellerSeller with respect to the Station, except in the normal and usual course of business;
(iv) Suffered any material write-down of the value of any Assets or any material write-off as uncollectible of any accounts receivable of the Station; or
(v) Hired Transferred or granted any right under, or entered into any settlement regarding the breach or infringement of, any license, patent, copyright, trademark, trade name, franchise, or similar right, or modified any existing right of the Company or otherwise relating to the Station.
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