Contract Station definition

Contract Station means (a) each television or radio station identified as such in Schedule 1.01(c), (b) each television or radio station that is the subject of an acquisition referred to in clause (b) of the definition of “Acquisition” consummated by the Borrower or any Subsidiary on or after the date hereof and (c) any television or radio station with which the Borrower or any Subsidiary has entered into any Program Services Agreement, Outsourcing Agreement or other similar agreement on or after the date hereof, in each case until such time, if any, as the Borrower or any Subsidiary acquires the Broadcast License of such television or radio station and such station becomes an Owned Station.

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Contract Station means (a) each television or radio station that is the subject of an Acquisition Transaction consummated by the Issuer or any Subsidiary on or after the Issue Date and (b) any television or radio station with which the Issuer or any Subsidiary has entered into any Program Services Agreement, Outsourcing Agreement or other similar agreement on or after the Issue Date, in each case until such time, if any, as the Issuer or any Subsidiary acquires the Broadcast License of such television or radio station and such station becomes an Owned Station.

Contract Station means (a) each television or radio station identified as such in Schedule 1.01(c), (b) each television or radio station that is the subject of an Acquisition Transaction consummated by the Borrower or any Subsidiary on or after the date hereof and (c) any television or radio station with which the Borrower or any Subsidiary has entered into any Program Services Agreement, Outsourcing Agreement or other similar agreement on or after the date hereof, in each case until such time, if any, as the Borrower or any Subsidiary acquires the Broadcast License of such television or radio station and such station becomes an Owned Station.

Examples of Contract Station in a sentence

The Broadcast Licenses listed in Schedule 4.15 with respect to any Contract Station include all material authorizations, licenses and permits issued by the FCC that are required or necessary for the operation of such Contract Station, and the conduct of the business of the Material Third-Party Licensee for such Contract Station with respect to such Contract Station, as now conducted or proposed to be conducted.
A Consent and Agreement with respect to each Contract Station as of the Fourth Restatement Effective Date, duly executed and delivered by each of the parties thereto (subject to clause (c)(vi) below).
The Broadcast Licenses listed in Schedule 4.16 are issued in the name of the Material Third-Party Licensee for the Contract Station being operated under authority of such Broadcast Licenses and are on the date hereof validly issued and in full force and effect, and the Material Third-Party Licensee for such Contract Station has fulfilled and performed in all material respects all of its obligations with respect thereto and has full power and authority to operate thereunder.
The Broadcast Licenses listed in Schedule 4.16 with respect to any Contract Station include all material authorizations, licenses and permits issued by the FCC that are required or necessary for the operation of such Contract Station, and the conduct of the business of the Material Third-Party Licensee for such Contract Station with respect to such Contract Station, as now conducted or proposed to be conducted.
The Broadcast Licenses listed in Part B of Schedule IV hereto are issued in the name of the Material Third-Party Licensee for the Contract Station being operated under authority of such Broadcast Licenses and are on the date hereof validly issued and in full force and effect, and the Material Third-Party Licensee for such Contract Station has fulfilled and performed in all material respects all of its obligations with respect thereto and has full power and authority to operate thereunder.
The Broadcast Licenses listed on Part B of Schedule IV hereto with respect to any Contract Station include all material authorizations, licenses and permits issued by the FCC that are required or necessary for the operation of such Contract Station, and the conduct of the business of the Material Third-Party Licensee for such Contract Station with respect to such Contract Station, as now conducted or proposed to be conducted.
As of the date of this Agreement, at all times prior to Closing and at Closing, Sellers are not, and shall not be, in material violation of the rights of any third party or in material default or arrears under any Contract, Station License, or other obligation of Sellers that is relevant or material to the business and operations of the Stations, the Assets or the Transaction.
Without limiting the foregoing, if Station Parties is notified or otherwise becomes aware of Advertiser Content that violates the requirements of this Contract, Station Parties may (but shall not be required to) investigate the allegation and determine, in its sole discretion, whether to block or cease to distribute the SMS containing such Advertiser Content.
If Station is providing a web site pursuant to the Contract, Station owns all right, title and interest (including copyright) in such web site, except for the Advertiser Content on such site and the URL of such web site, the rights to which will belong to Advertiser, provided such URL does not include a trademark or trade name of Station or its affiliated entities.
All rights and obligations which arise under a Shared Contract other than the Shared Contract Station Rights and the Shared Contract Station Obligations shall be included in the Excluded Assets, the Company Retained Assets and the Retained Obligations, as applicable.

More Definitions of Contract Station

Contract Station means (a) each television or radio station listed in Part B of Schedule IV hereto and (b) each television or radio station that is the subject of an acquisition referred to in clause (b) of the definition of "Other Acquisition" in this Section 1.01 consummated by the Borrower or any of its Subsidiaries on or after the date hereof, in each case referred to in the foregoing clauses (a) and (b) until such time, if any, as such television or radio station becomes an Owned Station.

Contract Station means (a) each television or radio station identified as such in Schedule 1.03, (b) each television or radio station that is the subject of an acquisition referred to in clause (b) of the definition of “Other Acquisition” in this Section consummated by the Borrower or any Subsidiary on or after the date hereof and (c) any television or radio station with which the Borrower or any Subsidiary has entered into any Program Services Agreement, Outsourcing Agreement or other similar agreement on or after the date hereof, in each case until such time, if any, as the Borrower or any Subsidiary acquires the Broadcast License of such television or radio station and such station becomes an Owned Station.