Common use of Operating Entities Clause in Contracts

Operating Entities. Each Loan Party is an operating entity except for Saga Radio Networks, LLC, a Delaware limited liability company. Saga Radio Networks, LLC does not and will not own any material assets.

Appears in 1 contract

Sources: Credit Agreement (Saga Communications Inc)

Operating Entities. Each Loan Party is an operating entity except for Saga Radio Networks, LLC, a Delaware limited liability company. Saga Radio Networks, LLC does not and will not own any material assets.. ​

Appears in 1 contract

Sources: Credit Agreement (Saga Communications Inc)