Examples of NBCU Parties in a sentence
Notwithstanding the foregoing, the NBCU Parties shall not be entitled to a right of first offer with respect to the assets or securities of any Company Station that is not located in one of the fifty largest DMAs.
The Company and each of the Stockholders agrees and acknowledges that each of the CIG Media Parties, the NBCU Parties and any of their respective Affiliates, directors, officers or employees may at any time possess or acquire knowledge of a potential transaction or matter which may be a Competitive Opportunity and may exploit a Competitive Opportunity or engage in, or hold interests in, one or more businesses that may compete with a business of the Company or any of its Subsidiaries.
This Agreement may be amended or modified, and any provision hereof may be waived, but in each case only if set forth in an instrument in writing signed by the party against whom such amendment, modification or waiver is sought to be enforced; provided, however, that the provisions of Section 6 may be modified, amended or waived only if set forth in an instrument in writing signed by the Company, the CIG Media Parties and the NBCU Parties.
Until the date the shares of Class A Common Stock are delisted from the American Stock Exchange and deregistered with the SEC, each of the Company, the CIG Media Parties and the NBCU Parties shall use its reasonable best efforts to ensure that the composition of the Board and of each committee of the Board satisfies the listing requirements of the American Stock Exchange.
In addition, in the event that the NBCU Parties transfer its ownership interest in the Subject Partnerships, the Blackstone Partners agree not to amend Section 20 of the UCDP Partnership Agreement in a manner adverse to the NBCU Parties or their affiliates after the date of such transfer.
In the event that the NBCU Parties are the Tagging Group, the NBCU Parties shall be entitled to have independent discussions with the Purchaser with respect to a potential sale of other interests in Orlando-based assets owned by the NBCU Parties and set forth on Exhibit A; provided, however, that it shall not be a condition to the consummation of a sale by the Tagging Group pursuant to this Section 2.2 that such other assets be part of the transaction or sold.
The provisions of Section 29 of the Holding I Partnership Agreement, which provisions are incorporated herein by this reference, shall be applicable mutatis mutandis to such arbitration, with the Blackstone Partners and the NBCU Parties (regardless of the number of them) each being respectively deemed one party for purposes of the arbitration proceedings.
For the avoidance of doubt, none of the NBCU Parties or the LIN Parties shall be deemed to have breached this Section 5.03 as a result of any disclosure by them or any of their Affiliates in the ordinary course of their business of disseminating news and information which disclosure does not result from a breach of this Agreement by the NBCU Parties or the LIN Parties, as applicable.
The rights and obligations of the Blackstone Partners and the NBCU Parties to each other and to each of the Subject Partnerships under this Agreement and under each of the Subject Partnership Agreements shall be governed by the fiduciary standards generally applicable to and between the Partners in each of the Subject Partnerships.