Common use of FCC Matters Clause in Contracts

FCC Matters. Borrower (i) has duly and timely filed all reports and other filings which are required to be filed by Borrower under the Communications Act and any other applicable law, rule or regulation of any Governmental Body, the non-filing of which could have a Material Adverse Effect, and (ii) is in compliance with the Communications Act and all such laws, rules and regulations, the noncompliance with which could have a Material Adverse Effect. All information provided by or on behalf of Borrower in any material filing with the FCC was at the time of filing true, complete and correct in all material respects, and the FCC has been notified of any substantial or significant changes in such information as required in accordance with the Communications Act and all other applicable laws, rules and regulations.

Appears in 5 contracts

Samples: Loan Agreement (Aquis Communications Group Inc), Loan Agreement (Aquis Communications Group Inc), Loan Agreement (Finova Capital Corp)

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FCC Matters. Borrower Borrowers (i) has have duly and timely filed all reports and other filings which are required to be filed by Borrower under the Communications Act and or any other applicable law, rule or regulation of any Governmental Body, the non-filing of which could would have a Material Adverse Effect, and (ii) is are in compliance with the Communications Act and all such laws, rules and regulations, the noncompliance with which could reasonably be expected to have a Material Adverse Effect. All information provided by or on behalf of either Borrower in any material filing with the FCC was was, at the time of filing filing, true, complete and correct in all material respectsrespects when made, and the FCC has been notified of any substantial or significant changes in such information as may be required in accordance with the Communications Act and all other applicable laws, rules and regulations.

Appears in 1 contract

Samples: Loan Agreement (Citadel License Inc)

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