Common use of FCC Authorizations Clause in Contracts

FCC Authorizations. (a) Schedule 1.2(a) contains a true and complete list of the licenses and permits, including the FCC Authorization, issued in connection with the Station, including their expiration dates. Seller has delivered to Buyer true and complete copies of such licenses and permits. The FCC Authorization and other licenses, permits and authorizations listed in Schedule 1.2(a) are validly held by Seller, and are in full force and effect. There are no applications pending before the FCC relating to the FCC Authorization. (b) There are no applications, complaints or proceedings pending or, to the best of Seller's knowledge, threatened before the FCC that may result in the revocation, materially adverse modification, or suspension of the FCC Authorization, or the imposition of any fines, forfeitures, or other administrative actions with respect to the Station other than proceedings affecting the broadcasting industry generally. (c) There are no facts which, under the Communications Act of 1934, as amended, or the existing rules and regulations of the FCC, would disqualify Seller as the assignor of the FCC Authorization.

FCC Authorizations. (a) Schedule 1.2(a) contains a true and complete list of the licenses and permits, including the FCC Authorization, permits issued in connection with the Station, including their expiration dates. Seller has delivered to Buyer true and complete copies of such licenses and permits. The FCC Authorization and other licenses, permits and authorizations listed in Schedule 1.2(a) are validly held (or when issued, will be validly held) by Seller, and are in full force and effect. There are no applications pending before the FCC relating to the FCC AuthorizationStation, except as listed on Schedule 1.2(a). (b) There are no applications, complaints or proceedings pending or, to the best of Seller's ’s knowledge, threatened before the FCC that may result in the revocation, materially adverse modification, or suspension of the FCC Authorizationauthorizations associated with the Station, or the imposition of any fines, forfeitures, or other administrative actions with respect to the Station other than proceedings affecting the broadcasting industry generally. (c) There are no facts which, under the Communications Act of 1934, as amended, or the existing rules and regulations of the FCC, would disqualify Seller as the assignor of the FCC AuthorizationLicense, when issued.