FCC Approval Date definition

FCC Approval Date means the first day upon which each Required FCC Consent is effective.
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FCC Approval Date means the later to occur of (A) the date on which the FCC consents to or approves each of the FCC Filings, including any accounting rates stated therein; or (B) sixty days after the Closing Date. FCC Filings shall mean, collectively, the following documents filed or to be filed by the Company with the FCC: (i) transfer of control application with respect to the Company's Overseas Common Carrier Section 214 Certificate authorizing the change in control of the Company resulting from the consummation of the transactions contemplated by the Purchase Agreement; (ii) the Carrier Service Agreement, dated as of May 12, 1998, between the Company and D-Comm, Inc.; and (iii) an operating agreement in form and substance acceptable to Buyer between the Company and Masatepe S.A. which shall set forth the accounting rates charged thereunder. Financials shall mean the unaudited financial statements of the Borrower dated July 31, 1998.
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FCC Approval Date means the date on which the FCC consents to or approves each of the FCC Filings, including any settlement arrangements and accounting rates stated therein.
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Examples of FCC Approval Date in a sentence

  • The FCC Approval Date shall have occurred with respect to all Required FCC Consents and all Required FCC Consents shall be in full force and effect.

  • Except as set forth in the proviso to Section 6.1, between the Closing Date and the FCC Approval Date, Buyer will use its Best Efforts to cause the conditions in Articles 7 and 8 to be satisfied.

  • All of Buyer's representations and warranties in this Agreement (considered collectively) and each of these representations and warranties (considered individually) must have been accurate in all material respects as of the Closing Date and must be accurate in all material respects as of the FCC Approval Date as if made on the FCC Approval Date.

  • If there is any Required FCC Consent with respect to the Sale, then the FCC Approval Date shall have occurred with respect to all such Consents and all Required FCC Consents shall be in full force and effect.

  • Between the Closing Date and the FCC Approval Date, Sellers will (a) cooperate with Buyer with respect to all filings that Buyer elects to make or is required by Legal Requirements to make in connection with the Contemplated Transactions, including the FCC Filings, and (b) cooperate with Buyer in obtaining all consents identified in Schedule 4.2.

  • Upon the earlier to occur of (i) repayment in full by the Company of all of its obligations under the Bridge Note; (ii) payment in full by Guarantor of all of its obligations under the Guaranty; or (iii) the FCC Approval Date, all of the obligations underlying the Bridge Note shall be forgiven by Buyer.

  • Any funding by Buyer of the operations of the Company from the Closing Date to the FCC Approval Date shall be evidenced by a promissory note in the form attached hereto as Exhibit 5.6 (the "Bridge Note").

  • If the FCC Approval Date does not occur, Buyer will have no liability (for indemnification or otherwise) with respect to any covenant or obligation hereunder.

  • The Finder's Fee is payable on the FCC Approval Date in the form of warrants to purchase 4,504 shares of common stock of Buyer, par value $2.00 per share, at an exercise price of $7.00 per share, expiring on the three year anniversary of the Closing Date.


More Definitions of FCC Approval Date

FCC Approval Date means the date of issuance of the FCC Approval.
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