Common use of LICENSE STATUS Clause in Contracts

LICENSE STATUS. Commencing on the date 6 months following the Closing Date and continuing every 6 months thereafter, Borrower shall deliver to Agent an updated Schedule 5.21 reflecting thereon, as of the date of such delivery, the information described in Section 5.21.

Appears in 2 contracts

Sources: Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Acme Television LLC)