Common use of Designation for Hearing Clause in Contracts

Designation for Hearing. If, for any reason, the Application is ----------------------- designated for hearing by the FCC or if the parties are notified by the FCC in writing of its intention to designate the Application, either party, if not then in default, shall have the right by written notice within fifteen (15) days of such designation for hearing, to terminate this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Nassau Broadcasting Corp), 4 Stock Purchase Agreement (Nassau Broadcasting Corp)

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Designation for Hearing. If, for any reason, the Application is ----------------------- designated for hearing by the FCC or if the parties are notified by the FCC in writing of its intention to designate the ApplicationApplication for hearing, either party, if not then in default, shall have the right by written notice within fifteen (15) days of such designation for hearing, to terminate this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Nassau Broadcasting Corp), Asset Purchase Agreement (Nassau Broadcasting Corp)

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Designation for Hearing. If, for any reason, the Transfer Application is ----------------------- designated for hearing by the FCC or if the parties are notified by the FCC in writing of its intention to designate the Application, either party, if not then in default, shall have the right by written notice within fifteen (15) days of such designation for hearing, to terminate this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nassau Broadcasting Corp)

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