Program Contracts. Evidence reasonably satisfactory to Buyer shall have been provided by Seller that all Liabilities or obligations due or payable through the Closing Date by the Station pursuant to or under any Program Contract shall have been paid such that the Station is current on such Liabilities or obligations (which, for purposes of clarification, shall mean that such Liabilities or obligations are not more than 30 days past due).
Appears in 2 contracts
Sources: Asset Purchase Agreement, Asset Purchase Agreement (Gray Television Inc)