Common use of Qualification of Purchaser Clause in Contracts

Qualification of Purchaser. Purchaser is fully qualified to assume control and operation of the Stations and, to the best of Purchaser's knowledge and belief, there exists no reason for the FCC to refuse to consent to the assignment of the broadcast Licenses to Purchaser.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Busse Broadcasting Corp), Stock Purchase Agreement (Gray Communications Systems Inc /Ga/), Stock Purchase Agreement (Busse Broadcasting Corp)

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Qualification of Purchaser. Purchaser is fully qualified under the Communications Act to assume control and operation of the Stations Station and, to the best of Purchaser's knowledge and belief, there exists no reason for the FCC to refuse to consent to the assignment of the broadcast FCC Licenses to Purchaser.

Appears in 1 contract

Samples: 6 Asset Purchase Agreement (Gray Communications Systems Inc /Ga/)

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