Common use of Time Brokerage Agreement Clause in Contracts

Time Brokerage Agreement. The parties acknowledge that simultaneously with the execution of this Agreement, Grantor and Purchaser shall enter into the TBA substantially in the form of Exhibit O, consistent with FCC rules and regulations, for the period prior to the Closing Date, providing for the operation of the Stations by Purchaser. If the Grantor and Purchaser enter into the TBA, purchaser shall not have any claim or right, including, without limitation, any right to terminate this Agreement, due to the inaccuracy of any representation or warranty, the breach of any covenant, or the failure of any condition resulting from the operation of the Stations by Purchaser under the TBA.

Time Brokerage Agreement. The parties acknowledge that simultaneously with the execution of this Agreement, Grantor Seller and Purchaser shall enter into the TBA substantially in the form of Exhibit OM hereto, consistent with FCC rules and regulations, for the period prior to the Closing Date, providing for the operation of the Stations Station by Purchaser. If the Grantor Seller and Purchaser enter into the TBA, purchaser shall not have any claim or right, including, without limitation, any right to terminate this Agreement, due to the inaccuracy of any representation or warranty, the breach of any covenant, or the failure of any condition resulting from the operation of the Stations Station by Purchaser under the TBA.