FCC Qualifications. To the best of Buyer's knowledge, Buyer is qualified under the Communications Act of 1934, as amended, and the rules and regulations of the FCC to be the assignee of the FCC Licenses, it being understood that Buyer has a duty to ascertain what would cause it to lose such qualification. There are no facts known to Buyer that would delay the consummation of the transactions contemplated by this Agreement. Buyer has no reason to believe that the FCC assignment contemplated hereby might be challenged or might not be granted by the FCC in the ordinary course solely because of its qualifications.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Hispanic Broadcasting Corp), Asset Purchase Agreement (Hispanic Broadcasting Corp), Asset Purchase Agreement (Hispanic Broadcasting Corp)
