Examples of Communications License in a sentence
The non-exclusive, revocable Cable Communications License granted to the Licensee by this instrument.
No event has occurred that, after notice or lapse of time, would reasonably be expected to allow the revocation or adverse modification of any Communications License listed on Schedule 4.23, except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Notwithstanding anything to the contrary in the Plan or this Confirmation Order, to the extent the Communications License Agreement dated June 25, 2018 between debtor BOB, LLC and IREIT Wilson Marketplace, LLC is assumed or assumed and assigned pursuant to the Plan, it shall be assumed or assumed and assigned “as is” and in accordance with all of its terms.
No Credit Party or any Subsidiary of any Credit Party operates under, uses or requires any Non-U.S. Communications License held by any Person who is not a Credit Party to comply with the immediately preceding sentence, except where such use of any such Non-U.S. Communications License could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
The Borrower further consents, subject to obtaining any necessary approvals, to the assignment or transfer of control of any Communications License to operate to a receiver, trustee, or similar official or to any purchaser of the Collateral pursuant to any public or private sale, judicial sale, foreclosure, or exercise of other remedies available to the Lenders as permitted by applicable law.