Examples of PUC Authorization in a sentence
Without limiting the generality of the foregoing, if an Event of Default shall have occurred and be continuing, the Pledgor shall take any action which the Administrative Agent may reasonably request in order to transfer and assign to the Administrative Agent, or to such one or more third parties as the Administrative Agent may designate, or to a combination of the foregoing, each Communications License and PUC Authorization.
To the knowledge of the Loan Parties, no event has occurred and is continuing which could reasonably be expected to (i) result in the imposition of a material forfeiture or the revocation, termination or adverse modification of any such Communications License or PUC Authorization or (ii) materially and adversely affect any rights of any Loan Party thereunder.
To the knowledge of the Loan Parties, no event has occurred and is continuing which could reasonably be expected to (i) result in the imposition of a material forfeiture or the revocation, termination or adverse modification of any such Communications License, PUC Authorization or CATV Franchise (ii) materially and adversely affect any rights of any Loan Party thereunder.
There is not pending or, to the best knowledge of any Loan Party, threatened, any action by the FCC or any other Governmental Authority to modify adversely, revoke, cancel, suspend or refuse to renew any Communications License, CATV Franchise or PUC Authorization held by any Loan Party or any of its Subsidiaries, except, in each case, for such actions that, if adversely determined, would not, individually or in the aggregate, have a Material Adverse Effect.
There is not pending or, to the best knowledge of any Loan Party, threatened, any action by the FCC or any other Governmental Authority to revoke, cancel, suspend or refuse to renew any Communications License, CATV Franchise or PUC Authorization held by any Loan Party or any of its Subsidiaries.
Such receiver shall be instructed to seek from the applicable Governmental Authority an involuntary transfer of control of each such FCC License, PUC Authorization and CATV Franchise for the purpose of seeking a bona fide purchaser to whom control will ultimately be transferred.
Any FCC License or PUC Authorization or other Governmental Approval of the Borrower or any of its Subsidiaries shall be revoked, canceled, suspended, otherwise terminated, or fail to be renewed, which in any such case could be expected (in the reasonable judgment of the Lenders) to have a Material Adverse Effect.
Without limiting the generality of the foregoing, if an Event of Default shall have occurred and be continuing, the Pledgor shall take any action which the Administrative Agent may, to the extent commercially reasonable, request in order to transfer and assign to the Administrative Agent, or to such one or more third parties as the Administrative Agent may designate, or to a combination of the foregoing, each FCC License, PUC Authorization and CATV Franchise.
Each FCC Authorization and PUC Authorization, is free and clear of all Liens, except with respect to Permitted Liens or encumbrances that apply under the Communication Laws generally to authorizations similar to the FCC Authorizations or PUC Authorizations, as applicable.
Any FCC License or PUC Authorization of the Borrower or any Restricted Subsidiary thereof shall expire, terminate, be canceled or otherwise lost or any application therefor be rejected, which event shall or could reasonably be expected to have a Material Adverse Effect.