Definition of Television Broadcasting Business


Television Broadcasting Business means a business substantially all of which consists of the construction, ownership, operation, management, promotion, extension or other utilization of any type of television broadcasting system, any similar television broadcasting business or any mobile devices or other non-tangible content delivery system, including the syndication of television programming, the obtaining of a License or franchise to operate such a system or business, and activities incidental thereto, such as providing production services, operating Internet-based information services and selling advertising for such services, and developing uses other than broadcasting for the digital spectrum used by television stations.

Examples of Television Broadcasting Business in a sentence

Engage in any material line of business fundamentally and substantially different from the character of the Television Broadcasting Business of the Mission Entities taken as a whole.
Engage in any material line of business fundamentally and substantially different from the character of the Television Broadcasting Business of the Nexstar Entities taken as a whole.
The Borrower and its Subsidiaries shall not engage in any business other than the Television Broadcasting Business.
The Parent Guarantors and the Borrower will not, and will not cause or permit any of their respective Subsidiaries to, directly or indirectly, alter in a fundamental and substantial manner the character of the Television Broadcasting Business of the Nexstar Entities, taken as a whole, from that conducted immediately following the Effective Date.
The Borrower will not, and will not cause or permit any of its Subsidiaries or Mission Entities to, directly or indirectly, alter in a fundamental and substantial manner the character of the Television Broadcasting Business of the Mission Entities, taken as a whole, or the Credit Parties, taken as a whole, from that conducted immediately following the Effective Date.