Media Company. Contractor acknowledges that Company is a media company and is not a travel club or vacation services company and that it is not responsible for Sears Vacations’ (owned by I.C.E. International Cruise & Excursions) performance of any obligations involving Contractor and/or the individuals who Contractor causes to become Sears Vacations Qualified Open House attendees. Contractor further acknowledges that Company is not responsible for the quality of the goods services provided by Sears Vacations and that Company’s sole and only responsibility and liability to Contractor is to perform services as media company as outlined in this Agreement.
Media Company. The “Media Company” shall have the meaning specified in the Preamble to the Agreement.
Media Company. An entity that, directly or indirectly, owns, ------------- controls or operates or has an attributable interest in (i) a U.S. broadcast radio or television station or a U.S. cable television system, (ii) a "daily newspaper" (as such term is defined in Section 73.3555 of the Federal Communication Commission's ("FCC") rules and regulations), (iii) any U.S. communications facility operated pursuant to a license granted by the FCC and subject to the provisions of Section 310(b) of the Communications Act of 1934, as amended, or (iv) any other business that is subject to FCC regulations under which the ownership of the Partnership in such entity may be attributed to a Limited Partner or under which the ownership of a Limited Partner in another business may be subject to limitation or restriction as a result of the ownership of the Partnership in such entity. Net Capital Gain. With respect to a Partner, the aggregate amount ---------------- of net taxable income and net taxable gain allocated to such Partner for federal income tax purposes under this Agreement to the extent such allocations of taxable income and gain are effected as a result of the allocation to the Capital Account of such Partner under this Agreement of corresponding items of Capital Transaction Gain (net of items of Capital Transaction Loss). In calculating Net
Media Company. An entity that, directly or indirectly, owns, controls ------------- or operates or has an attributable interest in (i) a U.S. broadcast radio or television station or a U.S. cable television system, (ii) a "daily newspaper" (as such term is defined in Section 73.3555 of the Federal Communication Commission's ("FCC") rules and regulations), (iii) any U.S. communications --- facility operated pursuant to a license granted by the FCC and subject to the provisions of Section 310(b) of the Communications Act of 1934, as amended, or (iv) any other business that is subject to FCC regulations under which the ownership of the Partnership in such entity may be attributed to a Limited Partner or under which the ownership of a Limited Partner in another business may be subject to limitation or restriction as a result of the ownership of the Partnership in such entity.
