Common use of Communications Authorizations Clause in Contracts

Communications Authorizations. No Loan Party shall (i) operate its businesses other than in accordance in all material respects with the Communications Laws and FCC Authorizations and PUC Authorizations, (ii) fail to file any material report or application or pay any material regulatory, filing or franchise fee pertaining to the business which is required under the Communications Laws to be filed with or paid to the FCC, any PUC or any other Governmental Authority except for any such failure that could not reasonably be expected to have a Material Adverse Effect or (iii) knowingly take any action that would or could cause the FCC, any PUC or any other Governmental Authority, to institute any proceedings for the cancellation, revocation, non-renewal or material adverse modification of any of the FCC Authorizations or PUC Authorizations or knowingly take or permit to be taken any other action within its reasonable control that would or reasonably could be expected to result in material non-compliance with the requirements of the Communications Laws if, in any case, to take or permit to be taken any such action could reasonably be expected to have a Material Adverse Effect.