WJAC definition
Examples of WJAC in a sentence
WJAC, as the owner of the Station, hereby retains STC to provide advice and consultation on the operation of the Station in accordance with and subject to the terms of this Agreement.
The WTOV Indemnity Escrow Amount, together with the WJAC Indemnity Escrow Amount of One Million Five Hundred Thousand Dollars ($1,500,000) delivered pursuant to the WJAC Agreement (collectively, the "Indemnity Escrow Amount") shall be held by the Indemnification Escrow Agent in accordance with the terms and conditions of the Indemnification Escrow Agreement to be entered into at the Closing in substantially the form attached hereto as Exhibit B (the "Indemnification Escrow Agreement").
At the Closing, the parties and WJAC Seller shall instruct the Escrow Agent named in the Escrow Agreement to transfer the Escrow Deposit (plus any income earned thereon) to Buyer.
Each party to this Agreement represents and warrants to each other party of this Agreement that the execution, delivery and performance of this Agreement have been validly authorized and constitutes a valid and binding agreement by and between WJAC and STC.
The terms and conditions of this Agreement, unless otherwise specified herein, shall be effective January 1, 2004 and shall remain in full force and effect until December 31, 2006 and thereafter until replaced by a new agreement, decision or award.
WJAC may terminate this Agreement at any time on thirty (30) days written notice based on any material failure by STC to perform its duties hereunder.
WJAC may terminate this Agreement without cause upon the sale of the Station.
STC shall not be liable to WJAC for any damages, either direct, indirect, consequential, special, incidental, actual, punitive, or any other damages, or for any lost profits of any kind or nature whatsoever, due to mistakes, accidents, omissions, interruptions, delays, or errors arising out of or relating to this Agreement; provided, however, that STC shall be liable, without limitation, for loss, damage or injury resulting from the gross negligence or intentional misconduct of STC.
The closing under the WJAC Agreement shall be consummated simultaneously with the Closing under this Agreement.
In consideration of Station's entering into this Agreement and Station's performance of its obligations under this Agreement, NBC agrees to pay to WJAC, Inc.