Common use of FCC Licenses Clause in Contracts

FCC Licenses. Seller (or one of the companies comprising Seller) is the holder of the FCC Licenses described on Schedule 1.1(a). The FCC Licenses are in full force and effect and have not been revoked, suspended, canceled, rescinded or terminated and have not expired. There is not pending any action by or before the FCC to revoke, suspend, cancel, rescind or materially adversely modify any of the FCC Licenses (other than proceedings to amend FCC rules of general applicability), and there is not now issued or outstanding, by or before the FCC, any order to show cause, notice of violation, notice of apparent liability, or notice of forfeiture against Seller with respect to the Stations. The Stations are operating in compliance in all material respects with the FCC Licenses, the Communications Act, and the rules, regulations and policies of the FCC.

Appears in 11 contracts

Samples: Asset Purchase Agreement (Clear Channel Communications Inc), Asset Purchase Agreement (Cox Radio Inc), Asset Purchase Agreement (Clear Channel Communications Inc)

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FCC Licenses. Seller (or one of the companies comprising Seller) is the holder of the FCC Licenses described on Schedule 1.1(a). The FCC Licenses are in full force and effect and have not been revoked, suspended, canceled, rescinded or terminated and have not expired. There is not pending any action by or before the FCC to revoke, suspend, cancel, rescind or materially adversely modify any of the FCC Licenses (other than proceedings to amend FCC rules of general applicability), and there is not now issued or outstanding, by or before the FCC, any order to show cause, notice of violation, notice of apparent liability, or notice of forfeiture against Seller with respect to the StationsStation. The Stations are Station is operating in compliance in all material respects with the FCC Licenses, the Communications Act, and the rules, regulations and policies of the FCC.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Clear Channel Communications Inc), Asset Purchase Agreement (Clear Channel Communications Inc)

FCC Licenses. Seller (or one of the companies comprising Seller) is the holder of the FCC Licenses described on Schedule 1.1(a). The FCC Licenses are in full force and effect and have not been revoked, suspended, canceled, rescinded or terminated and have not expired. There is not pending any action by or before the FCC to revoke, suspend, cancel, rescind or materially adversely modify any of the FCC Licenses (other than proceedings to amend FCC rules of general applicability), and there is not now issued or outstanding, by or before the FCC, any order to show cause, notice of violation, notice of apparent liability, or notice of forfeiture against Seller with respect to the StationsStation. The Stations are Station is operating in compliance in all material respects with the FCC Licenses, the Communications Act, and the rules, regulations and policies of the FCC.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Clear Channel Communications Inc), Asset Purchase Agreement (STC Broadcasting Inc)

FCC Licenses. Seller (or one of the companies comprising Seller) is the holder of the FCC Licenses described on Schedule 1.1(a). The FCC Licenses are in full force and effect and have not been revoked, suspended, canceled, rescinded or terminated and have not expired. There is not pending any action by or before the FCC to revoke, suspend, cancel, rescind or materially adversely modify any of the FCC Licenses (other than proceedings to amend FCC rules of general applicability), and there is not now issued or outstanding, by or before the FCC, any order to show cause, notice of violation, notice of apparent liability, or notice of forfeiture against Seller with respect to the StationsStation. The Stations Station are operating in compliance in all material respects with the FCC Licenses, the Communications Act, and the rules, regulations and policies of the FCC.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Clear Channel Communications Inc), Asset Purchase Agreement (Capstar Broadcasting Partners Inc)

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FCC Licenses. Seller (or one of the companies comprising Seller) is the holder of the FCC Licenses described listed on Schedule 1.1(a). The SCHEDULE 3.7, and except as set forth thereon, the FCC Licenses are in full force and effect and have not been revoked, suspended, canceled, rescinded rescinded, or terminated and have not expiredterminated. There is not pending any action by or before the FCC to revoke, to suspend, to cancel, to rescind or materially adversely to modify any of the FCC Licenses (other than proceedings to amend FCC rules of general applicability), and there is not now issued or outstanding, by or before the FCC, any order to show cause, notice of violation, notice of apparent liability, or notice of forfeiture against Seller with respect to the StationsStation. The Stations are Station is operating in compliance in all material respects with the FCC Licenses, the Communications Act, and the rules, regulations Rules and policies Regulations of the FCC.

Appears in 1 contract

Samples: Asset Purchase Agreement (Salem Communications Corp /De/)

FCC Licenses. Seller (or one of the companies comprising Seller) is the holder of the FCC Licenses described on Schedule SCHEDULE 1.1(a). The FCC Licenses are in full force and effect and have not been revoked, suspended, canceled, rescinded or terminated and have not expired. There is not pending any action by or before the FCC to revoke, suspend, cancel, rescind or materially adversely modify any of the FCC Licenses (other than proceedings to amend FCC rules of general applicability), and there is not now issued or outstanding, by or before the FCC, any order to show cause, notice of violation, notice of apparent liability, or notice of forfeiture against Seller with respect to the Stations. The Stations are operating in compliance in all material respects with the FCC Licenses, the Communications Act, and the rules, regulations and policies of the FCC.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hispanic Broadcasting Corp)

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