Common use of FCC Approvals Clause in Contracts

FCC Approvals. The Borrower shall have obtained the FCC Consents necessary to be obtained at or prior to the Closing to execute and deliver the Restructuring Transaction Documents and the other agreements and instruments executed and delivered by the Borrower in connection herewith and therewith, to issue the Purchased Shares and the Purchaser Warrants (as such terms are defined in the Restructuring Agreement) and to carry out the transactions contemplated by the Restructuring Agreement, and such consents shall be in full force and effect at the Closing.