Common use of Station Contracts Clause in Contracts

Station Contracts. Except as set forth in Schedule 3.14, Seller represents and warrants to Buyer that (a) each Station Contract is in full force and effect, (b) none of the material rights of Seller under any Station Contract will be subject to termination or modification, nor will a default occur, as a result of the consummation of the transactions contemplated hereby, except to the extent that failure to obtain the prior consent to assignment thereof of any party thereto shall or could be interpreted to constitute a termination or modification of or a default under any such Station Contract; and (c) to the actual knowledge of Seller, no other party to any Station Contract is in material breach or default of the terms thereunder, except, in each case, to the extent that the failure of such Station Contract to be in full force and effect or to the extent that such termination, modification, default or breach described in this Section 3.14 would not reasonably be expected to have a Material Adverse Effect.