Designated Newspapers definition
Examples of Designated Newspapers in a sentence
In performing its duties as liquidator, the Dissolution Committee shall, unless otherwise agreed to by the Partners, make an in kind distribution of the assets of the Gannett Designated Newspapers to Gannett and an in kind distribution of assets of the other newspapers owned directly or indirectly by the Partnership to MediaNews.
Except as expressly reserved to the Management Committee in this Agreement, from and after the Effective Date, Gannett shall have complete discretion, power and authority in the management and control of the business of the Gannett Designated Newspapers, shall make all decisions affecting the business of the Gannett Designated Newspapers and shall manage and control the affairs of the Gannett Designated Newspapers to carry out the business and purposes of the Partnership.
No later than April 1 of each year during the term of this Agreement (or, for the year during which the Effective Date occurs, within thirty days after the Effective Date), Gannett shall annually adopt a Business Plan for the Gannett Designated Newspapers and MediaNews shall annually adopt a Business Plan for the MediaNews Newspapers.
Gannett shall have the right to appoint senior management of the Gannett Designated Newspapers and MediaNews shall have the right to appoint senior management of the MediaNews Newspapers.
The Gannett Designated Newspapers shall include, but not be limited to, all of the types of Gannett Assets and/or MediaNews Assets (in each case, as defined in the Contribution Agreement), as the case may be, and the related current liabilities, associated with any of such newspapers.