Common use of Adverse Developments Clause in Contracts

Adverse Developments. Sellers shall promptly notify Buyer of any unusual or materially adverse developments that occur prior to any Closing with respect to the Assets or the operation of the Stations; provided, however, that Sellers' compliance with the disclosure requirements of this Section 6.17 shall not relieve Sellers of any obligation with respect to any representation, warranty or covenant of Sellers in this Agreement or relieve Buyer of any obligation or duty hereunder, waive any condition to Buyer's obligations under this Agreement, or expand or enhance any right of Buyer hereunder.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Sinclair Broadcast Group Inc), Asset Purchase Agreement (Sinclair Broadcast Group Inc), Asset Purchase Agreement (Entercom Communications Corp)

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Adverse Developments. Sellers shall promptly notify Buyer of any unusual or materially adverse developments that occur prior to any the Closing with respect to the Assets or the operation of the Stations; provided, however, that Sellers' compliance with the disclosure requirements of this Section 6.17 shall not relieve Sellers of any obligation with respect to any representation, warranty or covenant of Sellers in this Agreement or relieve Buyer of any obligation or duty hereunder, waive any condition to Buyer's obligations under this Agreement, or expand or enhance any right of Buyer hereunder.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Sinclair Broadcast Group Inc), Asset Purchase Agreement (Entercom Communications Corp)

Adverse Developments. Sellers Seller shall promptly notify Buyer of any unusual or materially adverse developments that occur prior to any Closing with respect to the Assets Station or the operation of Station Assets, or with respect to the Stations; FCC Application, provided, however, that Sellers' compliance with the disclosure requirements of this Section 6.17 8.8 shall not relieve Sellers Seller of any obligation with respect to any representation, warranty or covenant of Sellers Seller in this Agreement or relieve Buyer of any obligation or duty hereunder, waive any condition to Buyer's ’s obligations under this Agreement, or expand or enhance any right of Buyer hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Beasley Broadcast Group Inc)

Adverse Developments. Sellers Seller shall promptly notify Buyer of any unusual or materially adverse developments that occur prior to any Closing with respect to the Assets or the operation of the Stations; provided, however, that Sellers' Seller's compliance with the disclosure requirements of this Section 6.17 9.13 shall not relieve Sellers Seller of any obligation with respect to any representation, warranty or covenant of Sellers Seller in this Agreement or relieve Buyer of any obligation or duty hereunder, waive any condition to Buyer's obligations under this Agreement, or expand or enhance any right of Buyer hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Beasley Broadcast Group Inc)

Adverse Developments. Sellers Seller shall promptly notify Buyer of any unusual or materially adverse developments that occur prior to any Closing with respect to the Assets or the operation of the Stations; provided, however, that Sellers' Seller's compliance with the disclosure requirements of this Section 6.17 9.14 shall not relieve Sellers Seller of any obligation with respect to any representation, warranty or covenant of Sellers Seller in this Agreement or relieve Buyer of any obligation or duty hereunder, waive any condition to Buyer's obligations under this Agreement, or expand or enhance any right of Buyer hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Chancellor Media Corp of Los Angeles)

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Adverse Developments. Sellers Seller shall promptly notify Buyer of any unusual or materially adverse developments that occur prior to any Closing with respect to the Assets or the operation of the StationsStation; provided, however, that Sellers' Seller's compliance with the disclosure requirements of this Section 6.17 8.13 shall not relieve Sellers Seller of any obligation with respect to any representation, warranty or covenant of Sellers Seller in this Agreement or relieve Buyer of any obligation or duty hereunder, waive any condition to Buyer's obligations under this Agreement, or expand or enhance any right of Buyer hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Beasley Broadcast Group Inc)

Adverse Developments. Sellers shall promptly notify Buyer of any unusual or materially adverse developments that occur prior to any the Closing with respect to the Assets or the operation of the Stations; provided, however, that Sellers' compliance with the disclosure requirements of this Section 6.17 6.14 shall not relieve Sellers of any obligation with respect to any representation, warranty warranty, or covenant of Sellers in this Agreement or relieve Buyer of any obligation or duty hereunder, waive any condition to Buyer's ’s obligations under this Agreement, or expand or enhance any right of Buyer hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sinclair Broadcast Group Inc)

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