Common use of STUDIO FACILITIES Clause in Contracts

STUDIO FACILITIES. Subject to the terms of Sellers’ leases for the Stations’ studio and office space (the “Office Leases”), during the term of the LMA, Sellers shall make available to Buyers a portion of the premises under the Office Leases for use for the Stations as provided by Section 13 of the LMA, and Buyers shall reimburse Sellers for one-half of the rent and other expenses under the Office Leases net of any sublease income (and Sellers shall be entitled to all such income notwithstanding anything to the contrary in this Agreement or the LMA) for the first two months of the term of the LMA or, if later, until Buyers use of such space ends. All reimbursement payments by Buyers to Sellers hereunder shall be made monthly at the same time the Office Rent is due.