License Subsidiaries definition

License Subsidiaries means (a) with respect to each Station that is an Owned Station on the date hereof, the Subsidiary of the Borrower listed on Schedule 1.01(e) as the holder of the Broadcast Licenses for such Owned Station and (b) with respect to any Owned Station hereafter acquired by the Borrower or any of its Subsidiaries, the Subsidiary of the Borrower formed, created, or acquired after the date hereof that holds the Broadcast Licenses for such Owned Station, and in each case any other Subsidiary into which any such License Subsidiary may be merged pursuant to Section 7.03.

License Subsidiaries means any Wholly Owned Restricted Subsidiary of -------------------- the Borrower organized by the Borrower for the sole purpose of holding FCC Licenses and other Necessary Authorizations.

License Subsidiaries means any Wholly-Owned Restricted Subsidiary of the Borrower organized by the Borrower for the sole purpose of holding FCC Licenses, other Necessary Authorizations, and certain Operating Agreements and other assets incidental thereto as described in Sections 7.24 and 9.12(b).

Examples of License Subsidiaries in a sentence

• Under either scenario, Cyrus is using the bankruptcy process to its own economic advantage.Licenses owned by special purpose vehicles within the Debtors' capital structure (the " FCC License Subsidiaries") represent a valuable unencumbered source of recovery for holders of second lien indebtedness.

• Cyrus complains that the Plan violates the absolute priority rule because it preserves intercompany interests without paying in full the guarantee claims held by the Secured Parties against the FCC License Subsidiaries.

• The Plan presumes that the First LienLenders are entitled under the Transaction Documents to receive the value all of the assets of the FCC License Subsidiaries, including the FCC Licenses.Cyrus objected to the Disclosure Statement on the grounds that the Plan is unconfirmable because the FCC Licenses are unencumbered, and that the Disclosure Statement did not contain information adequate to allow creditors to make an informed decision on the Plan.

• Applications for Consent to Transfer Control of License Subsidiaries of Media General, Inc., from Shareholders of Media General, Inc., to Nexstar Media Group, Inc., Memorandum Opinion and Order, 32 FCC Rcd.

• Radio Station,*309 U.S. 470 (1940) 6, 11In the Matter of Applications For Consent To Transfer Control of Certain License Subsidiaries of Raycom Media, Inc.

More Definitions of License Subsidiaries

License Subsidiaries means all such Persons collectively.

License Subsidiaries means PageMart PCS Holdings LLC, a Delaware limited liability company, and PageMart II Holdings LLC, a Delaware limited liability company.

License Subsidiaries means PageMart II, Inc., PageMart PCS, Inc. and PageMart Operations, Inc.

License Subsidiaries means (a) with respect to each Station that is an Owned Station on the Issue Date, the Subsidiary of the Issuer that is the holder of the Broadcast Licenses for such Owned Station and (b) with respect to any Owned Station hereafter acquired by the Issuer or any of its Subsidiaries, the Subsidiary of the Issuer formed, created, or acquired after the date hereof that holds the Broadcast Licenses for such Owned Station, and in each case any other Subsidiary into which any such License Subsidiary may be merged to the extent not prohibited by Section 5.01.

License Subsidiaries means, collectively, the following entities (a) with respect to Television Station WCPX(TV), Orlando, Florida, WCPX License Partnership, a Delaware general partnership, (b) with respect to Television Station WHNS(TV), Asheville, North Carolina, WHNS License Partnership, a Delaware general partnership and (c) with respect to KPDX(TV), Vancouver, Washington, and KFXO-LP, Bend, Oregon, KPDX License Partnership, a Delaware general partnership.

License Subsidiaries means Raleigh License, Martinsburg License, St. Louis License, Battle Creek License, Milwaukee License, Indianapolis License, New London License, Boston License and Norwell License collectively, and "License Subsidiary" means any one of the License Subsidiaries individually.

License Subsidiaries collectively, (i) the ARS License Subsidiary, (ii) the EZ License Subsidiaries and (iii) each other License Subsidiary which the Borrower or any Restricted Subsidiary may acquire in accordance with section 8.3, each of which shall be a wholly-owned Restricted Subsidiary of the Borrower.