Common use of Whenever the Clause in Contracts

Whenever the. FCC will permit the granting of a security interest in, or the collateral assignment of, any Telecommunications License or any other license granted by the FCC to Debtor, or in any event during the continuance of an Event of Default, pursuant to Section 9.4, Debtor shall take all actions and do all things requested by CoastFed in connection with CoastFed's application to the FCC for the grant, assignment, or transfer to CoastFed, or any purchaser at a foreclosure sale, of the Telecommunications Licenses or any other license from the FCC, including any assignment of a lawful security interest in any Telecommunications License previously granted to Debtor. Without limiting the generality of the foregoing, Debtor agrees to execute and deliver to CoastFed, or any Person designated by CoastFed, any documents, instruments, or agreements requested by CoastFed in connection with any such grant, license, assignment, or transfer sought by CoastFed from the FCC.