Common use of Programming Agreements Clause in Contracts

Programming Agreements. Each Classic Company (i) has complied in all material respects with the terms and conditions of the programming agreements to which it is a party (including any requirements for notifications, filing, reporting, posting and maintaining logs and records) and (ii) has not done or performed any act that would invalidate or impair in any material respect its rights under the programming agreements. Except as set forth on Schedule 3.16(d), no Consent is required in connection with the execution, delivery or performance of any programming agreement. Except as set forth on Schedule 3.16(d), no material programming agreement expires or requires renewal or other material modification within two years of the date of this Agreement. Except as set forth on Schedule 3.16(d), there is no pending claim that operations by any Classic Company pursuant to any programming agreement have been improperly conducted or maintained in any material respect. There is no Proceeding pending, or to the knowledge of the Company, threatened, to terminate, suspend or modify in any material respect any programming agreement.