FCC Applications. Buyer, Seller and the Companies shall prosecute the FCC Applications with all reasonable diligence and otherwise use their commercially reasonable efforts to obtain the FCC Consent as expeditiously as practicable, but none of Buyer, the Companies or Seller shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer, the Companies or Seller (other than Buyer's obligations under Section 6.
Appears in 3 contracts
Sources: Stock Purchase Agreement (Chancellor Media Corp of Los Angeles), Stock Purchase Agreement (Ml Media Partners Lp), Stock Purchase Agreement (Ml Media Partners Lp)
FCC Applications. Buyer, Buyer and Seller and the Companies shall prosecute the FCC Applications with all reasonable diligence and otherwise use their commercially reasonable efforts to obtain the FCC Consent Consents as expeditiously as practicable, but none of Buyer, the Companies or neither Buyer nor Seller shall have any obligation to satisfy complainants or the FCC by taking any steps which would have a material adverse effect upon Buyer, the Companies Buyer or Seller (other than Buyer's obligations under Section 69.1.
Appears in 1 contract
Sources: Asset Purchase Agreement (Chancellor Media Corp of Los Angeles)