Common use of Government Authorization Clause in Contracts

Government Authorization. Borrower shall deliver to Agent, as soon as practicable, and in any event within 10 days after the receipt by any Obligor from the FCC or any other governmental agency having jurisdiction over the operations of the Obligors or filing or receipt thereof by any Obligor, (i) copies of any order or notice of the FCC or such other agency or court of competent jurisdiction which designates any material FCC License or other material franchise, permit or other governmental operating authorization of any Obligor, or any application therefor, for a hearing or which refuses renewal or extension of, or revokes or suspends the authority of any Obligor to construct or operate a Station (or portion thereof), or adversely modifies or threatens to adversely modify any FCC License, (ii) a copy of any competing application filed with respect to any such FCC License or other authorization, or application therefor, of any Obligor, or any citation, notice of violation, notice of apparent liability for a forfeiture, or order to show cause issued by the FCC or other agency or any complaint filed with the FCC or other agency which is available to any Obligor, and (iii) a copy of any notice or application by any Obligor requesting authority to or notifying the FCC of its intent to cease broadcasting on any broadcast station for any period in excess of 10 days.

Appears in 6 contracts

Samples: Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Acme Communications Inc)

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Government Authorization. Borrower shall deliver to AgentFoothill, as soon as practicable, and in any event within 10 ten (10) days after the receipt by any Obligor from the FCC or any other governmental agency having jurisdiction over the operations of the Obligors any Obligor or filing or receipt thereof by any Obligor, (i) copies of any order or notice of the FCC or such other agency or court of competent jurisdiction which designates any material FCC License or other material franchise, permit permit, or other governmental operating authorization of any Obligor, or any application therefor, for a hearing or which refuses renewal or extension of, or revokes or suspends the authority of any Obligor to construct or operate a Station Communications System (or portion thereof), or adversely modifies or threatens to adversely modify any FCC License, (ii) a copy of any competing application filed with respect to any such FCC License or other authorization, or application therefor, of any Obligor, or any citation, notice of violation, notice of apparent liability for a forfeiture, or order to show cause issued by the FCC or other agency or any complaint filed with by the FCC or other agency which is available to any Obligor, and (iii) a copy of any notice or application by any Obligor requesting authority to or notifying the FCC of its intent to cease broadcasting on any broadcast station for any period in excess of 10 ten (10) days.

Appears in 2 contracts

Samples: Loan and Security Agreement (Childrens Broadcasting Corp), Loan and Security Agreement (Childrens Broadcasting Corp)

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Government Authorization. Borrower shall deliver to AgentFoothill, as soon as practicable, and in any event within 10 ten (10) days after the receipt by any Obligor from the FCC or any other governmental agency having jurisdiction over the operations of the Obligors any Obligor or filing or receipt thereof by any Obligor, (i) copies of any order or notice of the FCC or such other agency or court of competent jurisdiction which designates any material FCC License or other material franchise, permit permit, or other governmental operating authorization of any Obligor, or any application therefor, for a hearing or which refuses renewal or extension of, or revokes or suspends the authority of any Obligor to construct or operate a Station Communications System (or portion thereof), or adversely modifies or threatens to adversely modify any FCC License, (ii) a copy of any competing application filed with respect to any such FCC License or other authorization, or application therefor, of any Obligor, or any citation, notice of violation, notice of apparent liability for a forfeiture, or order to show cause issued by the FCC or other agency or any 57 complaint filed with by the FCC or other agency which is available to any Obligor, and (iii) a copy of any notice or application by any Obligor requesting authority to or notifying the FCC of its intent to cease broadcasting on any broadcast station for any period in excess of 10 ten (10) days.

Appears in 1 contract

Samples: Loan and Security Agreement (Childrens Broadcasting Corp)

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