PSC License definition
Examples of PSC License in a sentence
The Seller is the owner and operator, and its wholly-owned subsidiary, Pappas Southern California License, LLC, a Delaware limited liability ▇▇▇▇▇▇y ("PSC License"), is the licensee, of the television station KAZA-TV NTSC Channel 54 in Avalon, California (the "Station").
No Debt Party other than PSC License and Pappas Arizona License, LLC directly holds any FCC License.
AIC shall have received a certificate of the Debtor, dated as of the date hereof, signed by a Financial Officer of the manager of the Debtor as to the solvency of the Debtor and PSC License (taken as a whole) after giving effect to Transactions to be effected on the Closing Date, in form, scope and substance satisfactory to AIC.
This Agreement is a legal, valid and binding agreement of each of PTSC and PSC License enforceable in accordance with its terms, except as such enforceability may be limited by bankruptcy, moratorium, insolvency, reorganization or other similar laws affecting or limiting the enforcement of creditors' rights generally and except as such enforceability is subject to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).
Schedule 3.▇▇ ▇▇rrectly sets forth all of the FCC Licenses (other than auxiliary service licenses and FCC registrations for receive-only earth stations) held by PSC License and Pappas Arizona License, LLC as of the Closing Date and correctly sets ▇▇▇▇▇ the expiration date, if any, of each such FCC License.
As of the date of this Agreement, each of the FCC Licenses is in full force and effect, and PSC License is in substantial compliance therewith with no known conflict with the valid rights of others.
Schedule 4.8(a) sets forth a list of all of the FCC Licenses (other than auxiliary service licenses and FCC registrations for receive-only earth stations) held by PSC License and sets forth the expiration date, if any, of each such FCC License.
At the Closing, each FCC License will be in full force and effect (other than as provided in the rules and policies of the FCC generally applicable to the television broadcast industry as a whole), and PSC License will be in substantial compliance therewith with no known conflict with the valid rights of others, except where the failure to be in full force and effect or in substantial compliance results from the failure of the Optionee to fulfill its obligations under the Optionee LMA.