Common use of Title to and Condition of Tangible Personal Property Clause in Contracts

Title to and Condition of Tangible Personal Property. Except as described in SCHEDULE 3.6, Sellers own and have good title to each item of Tangible Personal Property, and none of the Tangible Personal Property owned by Sellers is subject to any security interest, mortgage, pledge, conditional sales agreement, or other lien or encumbrance, except for Permitted Liens and liens set forth on SCHEDULE 3.6 hereto. Each item of Tangible Personal Property is available for immediate use in the business and operations of the Station as currently conducted. All items of transmitting equipment included in the Tangible Personal Property (i) have been maintained in all material respects in a manner consistent with generally accepted standards of good engineering practice, and (ii) will permit the Station to operate in material compliance with the terms of the FCC Licenses, the Communications Act of 1934, as amended (the "Act") as well as the rules, regulations and published policies of the FCC, and with all other applicable federal, state, and local statutes, ordinances, rules, and regulations.

Title to and Condition of Tangible Personal Property. Except as described in SCHEDULE Schedule 3.6, Sellers own each Seller owns and have has good title to each item of Tangible Personal PropertyProperty owned by it, and none of the Tangible Personal Property owned by Sellers is subject to any security interest, mortgage, pledge, conditional sales agreement, or other lien or encumbrance, except for Permitted Liens and liens set forth on SCHEDULE Schedule 3.6 hereto. Each item of Tangible Personal Property is available for immediate use in the business and operations of the Station to which such Tangible Personal Property relates as currently conducted. All items of transmitting equipment included in the Tangible Personal Property (ia) have been maintained in all material respects in a manner consistent with generally accepted standards of good engineering practice, and (iib) will permit the each Station to operate in material compliance with the terms of the FCC LicensesLicenses for such Station and the Act, the Communications Act of 1934, as amended (the "Act") as well as the rules, regulations and published policies of the FCC, and with all other applicable federal, state, and local statutes, ordinances, rules, and regulations.

Title to and Condition of Tangible Personal Property. Except as described in SCHEDULE Schedule 3.6, Sellers own Seller owns and have has good title to each item of Tangible Personal Property, and none of the Tangible Personal Property owned by Sellers Seller is subject to any security interest, mortgage, pledge, conditional sales agreement, or other lien or encumbrance, except for Permitted Liens and liens set forth on SCHEDULE 3.6 heretoSchedule 3.6. Each item of Tangible Personal Property is available for immediate use in the business and operations operation of the Station as currently conductedoperated and is in good condition in all material respects consistent with its present use (wear and tear excepted). All items of transmitting equipment included in the Tangible Personal Property (i) have been maintained in all material respects in a manner consistent with generally accepted standards of good engineering practice, and (ii) will permit the Station to operate in material compliance with the terms of the FCC Licenses, the Communications Act of 1934, as amended (the "Act") as well as and the rules, regulations and published policies of the FCC, and with all other applicable federal, state, and local statutes, ordinances, rules, and regulations.