MSC Business definition

MSC Business means the regional sports programming businesses known as "Midwest Sports Channel" and "Midwest Sports Channel Wisconsin" owned and operated by Seller, either directly or indirectly, through one or more of its Subsidiaries.
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Examples of MSC Business in a sentence

  • Those employees who accept such employment with Purchaser are hereinafter referred to as "MSC Business Employees", and the date which any such MSC Business Employee commences employment with Purchaser is hereinafter referred to as the "Effective Date".

  • Notwithstanding the foregoing, neither Seller nor Purchaser shall be required to pay consideration to any third party to obtain any such consent or approval and Seller shall not agree to or permit the amendment of any Contract of HTS or relating to the MSC Business in order to obtain any consent or approval.

  • Immediately prior to the Closing (i) all intercompany accounts and notes between the MSC Business and Seller or any of its Affiliates shall be cancelled and (ii) all intercompany accounts and notes between HTS and Seller or any of its Affiliates will be repaid and any net proceeds received by HTS will be distributed to Seller and ARC as partners of HTS.

  • Following the Closing Date, Purchaser shall provide MSC Business Employees with (i) an initial position with similar job requirements and responsibilities and (ii) salary or wages and benefits (including, without limitation, equity based compensation) that in the aggregate are substantially the same as the salary or wages and benefits provided to similarly situated employees of Purchaser.

  • Notwithstanding any other provision of this Agreement, neither Fox nor any of its Affiliates shall be required to enter into any consent decree or to dispose or hold separate any assets or otherwise agree to any action which may adversely affect Fox or any of its Affiliates, the MSC Business or any MSC Asset in order to satisfy any objection of any Governmental Authority.