Examples of License Subsidiary in a sentence
Except as could not reasonably be expected to have a Material Adverse Effect, each of the Subject Licenses is held in the name of a License Subsidiary and is validly issued and in full force and effect, and the Borrower and its Restricted Subsidiaries have fulfilled and performed in all respects all of their obligations with respect thereto and have full power and authority to operate thereunder.
The Company and the Guarantors shall not permit any Existing Note Obligations to be secured, directly or indirectly, by a Lien on any assets or rights of, or any Equity Interests in, the New License Subsidiary.
Name of Material Subsidiary or License Subsidiary Direct Parent NextWave Holdco LLC NextWave Wireless LLC NextWave Wireless LLC NextWave Wireless Inc.
All FCC Licenses shall be held by one or more License Subsidiaries (and any License Subsidiary may own more than one FCC License).
The Company shall maintain direct ownership of all of the Capital Stock of the FCC License Subsidiary.