FCC Qualification. Buyer is and will be on the Closing Date legally, technically and financially (subject to section 3.4) qualified under the Communications Act of 1934 and all material rules, regulations and policies of the FCC to acquire, own and operate the Assets and the System. There are no facts or proceedings which would reasonably be expected to disqualify Buyer under the Communications Act of 1934 or otherwise from acquiring or operating any of the Assets or the System or would cause the FCC not to grant a Final Approval (as defined in section 6.4). Buyer has no knowledge of any material fact or circumstance relating to it or any of its Affiliates which would reasonably be expected to (a) cause the filing of any objection at the FCC or (b) lead to a delay in the processing by the FCC of the transfer of the Licenses. To its knowledge, no waiver of any FCC rule or policy as same relates to Buyer is necessary to be obtained for the Final Approval.
Appears in 1 contract
Sources: Asset Purchase Agreement (Price Communications Corp)
FCC Qualification. Buyer Seller is and will be on the Closing Date legally, ----------------- technically and financially (subject to section 3.42.10) qualified under the Communications Act of 1934 and all material rules, regulations and policies of the FCC to acquire, own and operate ▇▇▇▇▇▇ under the Assets and terms of the System▇▇▇▇▇▇ Agreement. There are no facts or proceedings which would reasonably be expected to disqualify Buyer Seller under the Communications Act of 1934 or otherwise from acquiring or operating any of the Assets or the System ▇▇▇▇▇▇ or would cause the FCC not to grant a Final Approval (as defined in section 6.4). Buyer Seller has no knowledge of any material fact or circumstance relating to it or any of its Affiliates which would reasonably be expected to (a) cause the filing of any objection at the FCC or (b) lead to a delay in the processing by the FCC of the transfer of the Licenses. To its knowledge, no waiver of any FCC rule or policy as same relates to Buyer Seller is necessary to be obtained for the Final Approval.
Appears in 1 contract
Sources: Asset Purchase Agreement (Price Communications Wireless Inc)
FCC Qualification. Buyer is and will be on the Closing Date legally, ----------------- technically and financially (subject to section 3.4) qualified under the Communications Act of 1934 and all material rules, regulations and policies of the FCC to acquire, own and operate the Assets and the System. There are no facts or proceedings which would reasonably be expected to disqualify Buyer under the Communications Act of 1934 or otherwise from acquiring or operating any of the Assets or the System or would cause the FCC not to grant a Final Approval (as defined in section 6.4). Buyer has no knowledge of any material fact or circumstance relating to it or any of its Affiliates which would reasonably be expected to (a) cause the filing of any objection at the FCC or (b) lead to a delay in the processing by the FCC of the transfer of the Licenses. To its knowledge, no waiver of any FCC rule or policy as same relates to Buyer is necessary to be obtained for the Final Approval.
Appears in 1 contract
Sources: Asset Purchase Agreement (Price Communications Wireless Inc)
FCC Qualification. Buyer Seller is and will be on the Closing Date legally, technically and financially (subject to section 3.42.10) qualified under the Communications Act of 1934 and all material rules, regulations and policies of the FCC to acquire, own and operate ▇▇▇▇▇▇ under the Assets and terms of the System▇▇▇▇▇▇ Agreement. There are no facts or proceedings which would reasonably be expected to disqualify Buyer Seller under the Communications Act of 1934 or otherwise from acquiring or operating any of the Assets or the System ▇▇▇▇▇▇ or would cause the FCC not to grant a Final Approval (as defined in section 6.4). Buyer Seller has no knowledge of any material fact or circumstance relating to it or any of its Affiliates which would reasonably be expected to (a) cause the filing of any objection at the FCC or (b) lead to a delay in the processing by the FCC of the transfer of the Licenses. To its knowledge, no waiver of any FCC rule or policy as same relates to Buyer Seller is necessary to be obtained for the Final Approval.
Appears in 1 contract
Sources: Asset Purchase Agreement (Price Communications Corp)