Material Towers definition

Material Towers means, as of any date of determination, any Tower or any group or set of Towers wheresoever located to which more than ten percent (10%) of Annualized EBITDA for the twelve (12) month period most recently ended is attributable.
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Material Towers means, as of any date of determination, any Tower or --------------- any group or set of Towers wheresoever located to which more than 10% of the Operating Cash Flow for any of the immediately prior four fiscal quarters is attributable.
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Material Towers means, as of any date of determination, any Tower Sites or any group or set of Tower Sites wheresoever located to which more than 10% of Consolidated Adjusted EBITDA for any of the immediately prior four fiscal quarters is attributable.
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Examples of Material Towers in a sentence

  • All Material Towers that are required to be registered with the FCC have either been so registered or are in the process of being registered.

  • Neither Holdings nor any of its Subsidiaries know of any facts or conditions that would constitute grounds for any Licensing Authority to deny any pending material application for a License with respect to any Material Towers, to suspend, revoke, materially adversely modify or annul any License with respect to any Material Towers or to impose a material financial penalty on Holdings or any Subsidiary.

  • Neither the Borrower nor any of its Subsidiaries owns or holds, or is obligated under or a party to, any option, right of first refusal or any other contractual right to purchase, acquire, sell, assign or dispose of any real property owned or leased by it with respect to any Material Towers.

  • All Material Towers that are required to be registered with the FCC have either been so registered or are in the process of being registered, and all information submitted in connection with such registrations is true and complete in all material respects.

  • No Consolidated Party nor the construction, ownership or operation of any Tower Site is in material violation of any provision of its Organizational Documents or of any Law of the United States of America, the FCC, the FAA, or any other federal, state, county, municipal or other Governmental Authority applicable to it (other than any Law covered by Section 5.8), any material portion of its properties, the maintenance of any Material Towers or the conduct of its business.

  • Except as disclosed on Exhibit G hereto, there is no application, petition, --------- complaint, proceeding or investigation pending or, to the best of the Borrower's knowledge, threatened, with respect to any License or which could restrict in any material manner the ownership, operation or license status of any Material Towers.

  • The Borrower knows of no facts or conditions which would constitute grounds for any Licensing Authority to deny any pending material application for a License with respect to any Material Towers, to suspend, revoke, materially adversely modify or annul any License with respect to any Material Towers or to impose a material financial penalty on the Borrower or any of its Subsidiaries.

  • The Consolidated Parties know of no facts or conditions that would constitute grounds for any Licensing Authority to deny any pending material application for a License with respect to any Material Towers, to suspend, revoke, materially adversely modify or annul any License with respect to any Material Towers or to impose a material financial penalty on any Consolidated Party.

  • Except as disclosed on Exhibit G to the First --------- Amendment, there is no application, petition, complaint, proceeding or investigation pending or, to the best of the Borrowers' knowledge, threatened, with respect to any License or which could restrict in any material manner the ownership, operation or license status of any Material Towers or any other material assets or business of either Borrower.

  • No such action, suit, proceeding or investigation, and no such action, suit, proceeding or investigation arising after the Agreement Date, (i) calls into question the validity of this Agreement or any of the other Loan Documents, (ii) if determined adversely to Holdco, the Borrower or any of the Borrower's Subsidiaries, could reasonably be expected to have a Materially Adverse Effect, or (iii) which could restrict in any material manner the ownership, operation or license status of any Material Towers.


More Definitions of Material Towers

Material Towers as of any date of determination, any Tower Sites or any group or set of Tower Sites wheresoever located to which more than 10% of Consolidated Adjusted EBITDA for the most recently ended four fiscal quarter period for which financial statements have been required to be delivered pursuant to Section 6.1 is attributable.
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Related to Material Towers

  • Material Properties means (a) those Mortgaged Properties designated on Schedule 3.12 as Material Properties and (b) each other Mortgaged Property with respect to which a Mortgage is granted pursuant to Section 5.11 after the Restatement Effective Date.

  • Material Taking shall have the meaning set forth in Section 6.4.

  • Material Project means the construction or expansion of any capital project of the Borrower or any of its Subsidiaries, the aggregate capital cost of which exceeds $25,000,000.

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);

  • Material Property means all Real Property owned in fee in the United States by any Credit Party, in each case, with a fair market value of $7,425,000 (as determined by the Borrower in good faith) or more, as determined (i) with respect to any Real Property owned by any Credit Party on the Closing Date, as of the Closing Date, and (ii) with respect to any Real Property acquired by a Credit Party after the Closing Date, as of the date of such acquisition.