License Sub definition

License Sub means each Subsidiary of the Borrower which has no assets other than FCC Licenses.
License Sub means any special purpose Subsidiary of Borrower that holds FCC Licenses and “License Subs” means all such License Subs.
License Sub means each wholly-owned Domestic Subsidiary of the Company which has no assets other than FCC Licenses.

Examples of License Sub in a sentence

  • Except as set forth on Schedule 2, each FCC License is held by a License Sub.

  • Enclosed please find Articles of Incorporation to incorporate the following new corporations: ACS of Alaska License Sub, Inc., ACS of Anchorage License Sub, Inc., ACS of Fairbanks License Sub, Inc., ACS of the Northland License Sub, Inc., ACS Wireless License Sub, Inc., ACS Long Distance License Sub, Inc.

  • The sole assets of each License Sub are Licenses used in the operation and construction of the paging business of the Borrower and the Restricted Subsidiaries and management agreements with the Borrower and such of the Restricted Subsidiaries as operate the portion of the paging system subject to the License held by it.

  • Except as set forth on Schedule 3, each FCC License is held by a License Sub.

  • Each of BCC, Company and License Sub has all requisite corporate power and authority to enter into this Waiver and Amendment, and each of BCC and Company has all requisite corporate power and authority to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Waiver and Amendment.


More Definitions of License Sub

License Sub means a separate, special purpose Subsidiary formed and solely owned by an Obligor owning and operating a Broadcast System for the purpose of holding, as that Subsidiary's sole asset, the FCC License(s) in respect of such Broadcast System.
License Sub means any one of the foregoing License Subs.
License Sub has the meaning set forth in Section 2.1(b) hereof.
License Sub means any special purpose Subsidiary of Borrower which is created or acquired to hold the FCC Licenses and "LICENSE SUBS" means all such License Subs.
License Sub means SBC License Corporation, an Arkansas corporation and a wholly-owned subsidiary of Cornerstone.
License Sub has the meaning set forth in the definition of Post-Closing Restructuring Transactions.
License Sub means Citadel License, Inc., a Nevada corporation.