Designation for Hearing. If, for any reason, any application for an assignment of any of the Licenses is designated for hearing by the Commission prior to grant thereof, the Buyer shall have the right by written notice within thirty (30) days of such designation for hearing, to exclude from the Acquired Assets those assets associated with the operation of the Station affected, and the Purchase Price payable hereunder shall be reduced by an amount equal to the Station Aggregate Value of the affected Station.
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Samples: Asset Purchase Agreement (Childrens Broadcasting Corp), Asset Purchase Agreement (Blaya Inc), Asset Purchase Agreement (Radio Unica Corp)
Designation for Hearing. If, for any reason, any application for an assignment of any of the Licenses is designated for hearing by the Commission prior to grant thereof, either of the Buyer parties shall have the right by written notice within thirty (30) days of such designation for hearing, to exclude from the Acquired Assets those assets associated with the operation of the Station affectedaffected if the allegations raised relate to the other party, and the Purchase Price purchase price payable hereunder shall be reduced by an amount equal to the Station Aggregate Value of the affected Station.
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