LICENSE OR FRANCHISE REVOCATION Sample Clauses

LICENSE OR FRANCHISE REVOCATION. Any (a) actual or threatened denial, refusal or failure to renew or revocation or material adverse modification by the FCC of any FCC License or by any PUC or any other governmental instrumentality of any other Franchise, (except the routine, scheduled expiration of FCC Licenses and any PUC Franchises for which applications for renewal are timely and properly filed with the appropriate governmental agency unless, at any time with respect thereto, a competing application or petition to deny, or other challenge is filed against any such renewal application), or (b) dispute or other action with respect to any Franchise which if resolved adversely could have a Material Adverse Effect, or (c) notice from the FCC or any PUC of apparent liability for forfeiture or of the imposition of any fines or penalties or forfeitures in the amount or amounts of $50,000 or more in any twelve (12) month period, or (d) written notices or written requests by other parties with respect to any of the foregoing or with respect to any proceeding or hearing which might reasonably be expected to result in any of the foregoing which, either individually or in the aggregate, could have a Material Adverse Effect;