LIABILITIES NOT PERMITTED Clause Samples

LIABILITIES NOT PERMITTED. Without limiting the generality of Section 2.4(a), the liabilities and obligations of the Company at Closing shall not include (i) any obligations or liabilities under the Company's lease agreement for its corporate headquarters in West Palm Beach, Florida, and any other Contract that is not a Permitted Contract, (ii) any credit agreements, note purchase agreements, indentures, capital leases or other financing arrangements, other than the Loan Documents, (iii) any agreements entered into other than in the ordinary course of business of the Stations, (iv) any agreements with any Seller or any Affiliate of any Seller, or (v) any obligations or liabilities under any Contract or License relating to WWDP(TV) or the WWDP Assets.