KIBB definition
Examples of KIBB in a sentence
Accordingly, the references to "each Company", "any of the Companies", the "Companies", any "Company" or any comparable phrase or reference contained in Sections 3.11, 3.12 or 3.13, to the extent the representations and warranties set forth in such Sections are made as of the date hereof and solely to the extent referring to or including KIBB Inc., shall be deemed to include Viacom.
Purchaser further understands and Seller hereby covenants and agrees that prior to the Closing, Viacom shall contribute the KIBB Assets to Seller which will then contribute such assets to KIBB Inc.
Seller hereby represents and warrants to Purchaser that KIBB Inc.
Purchaser understands and acknowledges that as of the date of this Agreement such of the Assets as are used or held for use exclusively in the operation of the radio broadcast station identified by the call letters KIBB-FM (the "KIBB Assets") and serving the Los Angeles Market, are held directly by ----------- Viacom.
Contract Year Annual Minimum Commission 2016* $7,500,000 2017 $7,500,000 2018** To be negotiated.
Purchaser understands and acknowledges that as of the date of this Agreement such of the Assets as are used or held for use exclusively in the operation of the radio broadcast station identified by the call letters KIBB-FM (the "KIBB Assets") and serving the Los Angeles Market, are held directly by Viacom.