Broadcast Systems definition
Examples of Broadcast Systems in a sentence
It is understood and agreed by the parties that, prior to the Closing, the Company shall have transferred to another person or entity all of its ownership interest in and to the capital stock of Advanced Broadcast Systems, Inc., a Delaware corporation ("ABSI"), a subsidiary of the Company engaged in a separate video business, and that neither the shares nor any assets of ABSI shall constitute any part of the sale and purchase transaction under this Agreement.
Without limiting the generality of the foregoing, Borrower and the Obligors shall be permitted to change the format of programming of one or more of their Broadcast Systems from any non-"children's format" programming to "children's format" programming.
In the digital and video broadcasting systems business, we compete broadly with vertically integrated system suppliers including Motorola, Scientific-Atlanta, Tandberg, Thomson Broadcast Systems and Philips, and in certain product lines with Cisco Systems, SkyStream and Terayon.
Foothill shall have the right to have each Broadcast System of the Obligors reappraised by BIA (or a similarly qualified appraisal company selected by Foothill) from time to time after the Closing Date for the purpose of redetermining the Liquidation Value of such Broadcast Systems.
To the extent that the then extant outstanding aggregate principal amount under the Term Loan exceeds 33.33% of the aggregate Liquidation Value of all Broadcast Systems that are owned and operated by Borrower and the Restricted Subsidiaries, Borrower shall repay the Term Loan by an amount equal to such excess, and such prepayments shall be applied to the scheduled installments of the Term Loan in inverse order of their maturity until the Term Loan is paid in full.
Foothill shall have the right to have each Broadcast System of the Obligors reappraised by ▇▇▇ (or a similarly qualified appraisal company selected by Foothill) from time to time after the Closing Date for the purpose of redetermining the Liquidation Value of such Broadcast Systems.
In 1985, Bertelsmann and RCA formed a joint venture called RCA/▇▇▇▇▇▇ International, which took over management of RCA Records.[45] In 1984, RCA Broadcast Systems Division moved from Camden, New Jersey, to the site of the RCA antenna engineering facility in Gibbsboro, New Jersey.
Adams ▇▇: /▇/▇▇▇▇▇▇ Adams Corporate Secr▇▇▇▇▇ NAME: Donald Adams (SEAL) TITLE: President ENDORSEMENT THE UNDERSIGNED, for value received, and intending to be legally bound hereby, unconditionally and irrevocably guarantee and agree, jointly and severally, to act as surety for the performance by Advanced Broadcast Systems, Inc.