Common use of Control of Stations Clause in Contracts

Control of Stations. This Agreement shall not be consummated until after the FCC Consents with respect to the Applications referred to in Section 7.1 are granted and have become Final Orders, unless such requirement is waived pursuant to Section 8.1. Between the date of this Agreement and the Closing Date, Buyer will not directly or indirectly control, supervise or direct the operation of the Stations. Further, between the date of this Agreement and the Closing Date, Seller shall, directly or indirectly, supervise and control the operation of the Stations. Such operation shall be the sole responsibility of Seller.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Capstar Broadcasting Partners Inc), Asset Purchase Agreement (Capstar Broadcasting Partners Inc), Asset Purchase Agreement (Capstar Broadcasting Partners Inc)

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Control of Stations. This Agreement shall not be consummated until after the FCC Consents with respect to the Applications referred to in Section 7.1 are granted and have become Final Orders, unless such requirement is waived pursuant to Section 8.1. Between the date of this Agreement and the Closing Date, Buyer will not directly or indirectly control, supervise or direct the operation of the Stations. Further, between the date of this Agreement and the Closing Date, Seller shall, directly or indirectly, supervise and or control the operation of the Stations. Such operation shall be the sole responsibility of Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Commodore Media Inc)

Control of Stations. This Agreement shall will not be consummated until after the FCC Consents with respect to the Applications referred to in Section 7.1 are granted and and, unless waived by Buyer, have become Final Orders, unless such requirement is waived pursuant to Section 8.1. Between the date of this Agreement and the Closing Date, Buyer will not directly or indirectly control, supervise or direct the operation of the Stations. Further, between the date of this Agreement and the Closing Date, Seller shall, directly or indirectly, supervise and or control the operation of the Stations. Such operation shall be the sole responsibility of Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Capstar Broadcasting Partners Inc)

Control of Stations. This Agreement shall not be consummated until after the FCC Consents with respect to the Applications referred to in Section 7.1 are granted and have become Final Orders, unless such requirement is waived pursuant to Section 8.1. Between the date of this Agreement and the Closing DateDate and subject to the provisions of the LMA, Buyer will not directly or indirectly control, supervise or direct the operation of the Stations. Further, between the date of this Agreement and the Closing Date, Seller shall, directly or indirectly, supervise Such operation and control the operation of the Stations. Such operation shall be the sole responsibility of Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Capstar Broadcasting Partners Inc)

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Control of Stations. This Agreement shall not be consummated until after the FCC Consents with respect to the Applications referred to in Section 7.1 are granted and have become Final Orders, unless such requirement is waived pursuant to Section 8.1. Between the date of this Agreement and the Closing Date, Buyer will not directly or indirectly control, supervise or direct the operation of the Stations. Further, between the date of this Agreement and of the Closing Date, Seller shall, directly or indirectly, supervise and or control the operation of the Stations. Such operation shall be the sole responsibility of Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Commodore Media Inc)

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