Common use of Licensee Qualifications Clause in Contracts

Licensee Qualifications. To Buyer's knowledge, there is no fact that would, under the Communications Act of 1934, as amended, and the rules and regulations of the FCC, each as in effect on the date of this Agreement, disqualify Buyer from being the licensee of any Station. Buyer has sufficient net liquid assets on hand or available from committed sources to consummate the transactions contemplated by this Agreement and to operate the Stations for three (3) months after Closing and is otherwise financially qualified under the Communications Act of 1934, as amended, and the rules and regulations of the FCC, each as in effect on the date of this Agreement, to be the licensee of the Stations.

Licensee Qualifications. To Buyer's knowledge, there is no fact that would, under the Communications Act of 1934, as amended, 1934 and the rules and regulations of the FCC, each as in effect on the date of this Agreement, disqualify Buyer from being the licensee of any Stationthe Stations, other than Buyer's interests in the television stations described on Schedule 4.3. Buyer has sufficient net liquid assets on hand or available from committed sources to consummate the transactions contemplated by this Agreement and to operate the Stations for three (3) months after Closing and is otherwise financially qualified under the Communications Act of 1934, as amended, 1934 and the rules and regulations of the FCC, each as in effect on the date of this Agreement, to be the licensee of the Stations.

Licensee Qualifications. To Buyer's Buyees knowledge, there is no fact that would, under the Communications Act of 1934, as amended, and the rules and regulations of the FCC, each as in effect on the date of this Agreement, disqualify Buyer from being the licensee of any Stationthe Station other than Buyees or its Affiliate's interest in the television station described on Schedule 4.3. Buyer has sufficient net liquid assets on hand or available from committed sources to consummate the transactions contemplated by this Agreement and to operate the Stations Station for three (3) months after Closing and is otherwise financially qualified under the Communications Act of 1934, as amended, and the rules and regulations of the FCC, each as in effect on the date of this Agreement, to be the licensee of the StationsStation.

Licensee Qualifications. To Buyer's knowledge, there is no fact that would, under the Communications Act of 1934, as amended, and the rules and regulations of the FCC, each as in effect on the date of this Agreement, disqualify Buyer from being the licensee of any Stationthe Station other than Buyer's or its Affiliate's interest in the television station described on Schedule 4.3. Buyer has sufficient net liquid assets on hand or available from committed sources to consummate the transactions contemplated by this Agreement and to operate the Stations Station for three (3) months after Closing and is otherwise financially qualified under the Communications Act of 1934, as amended, and the rules and regulations of the FCC, each as in effect on the date of this Agreement, to be the licensee of the StationsStation.