Common use of Application for Transfer of Control Clause in Contracts

Application for Transfer of Control. As promptly as practicable after the date of this Agreement, and in no event later than three business days after the date of this Agreement, Purchaser, Citadel and License Sub shall file an application (the "FCC APPLICATION") with the FCC to approve the transfer of control of the Station from Citadel and License Sub to Purchaser (the "FCC APPROVAL"). Purchaser shall have primary responsibility for filing and prosecuting the FCC Application. The parties agree that they shall prosecute the FCC Application (and shall cooperate with each other in the timely prosecution thereof), in good faith and with due diligence, and within the time allowed therefor by the rules and regulations of the FCC. Purchaser and Citadel shall each take all necessary actions on its part to obtain the FCC Approval. Purchaser shall advance the filing fee for the FCC Application, and Citadel shall reimburse Purchaser for one-half of such filing fee at the Closing. All other costs and expenses incurred by each party in connection with the filing and prosecution of the FCC Application shall be paid by the party incurring the cost or expense.

Application for Transfer of Control. As promptly as practicable after the date of this Agreement, and in no event later than three business days after the date of this Agreement, PurchaserSeller, Citadel and License Sub shall file an application (the "FCC APPLICATION") with the FCC to approve the transfer of control of the Station from Seller to Citadel and License Sub to Purchaser (the "FCC APPROVAL"). Purchaser Citadel shall have primary responsibility for filing and prosecuting the FCC Application. The parties agree that they shall prosecute the FCC Application (and shall cooperate with each other in the timely prosecution thereof), in good faith and with due diligence, and within the time allowed therefor by the rules and regulations of the FCC. Purchaser Seller and Citadel shall each take all necessary actions on its part to obtain the FCC Approval. Purchaser Citadel shall advance the filing fee for the FCC Application, and Citadel Seller shall reimburse Purchaser Citadel for one-half of such filing fee at the Closing. All other costs and expenses incurred by each party in connection with the filing and prosecution of the FCC Application shall be paid by the party incurring the cost or expense.