Assignment of Authorization. Lessor may not assign or transfer his FCC authorization for the Modified Station during the term hereof unless the assignee agrees in writing to assume Lessor's obligations hereunder and unless Lessee gives its prior written consent, which shall not be unreasonably withheld. Notwithstanding the foregoing, Lessor may assign his authorization for the Modified Station to any partnership or corporation in which he holds an equity interest without the prior consent of Lessee if that partnership or corporation agrees in writing to assume Lessor's obligations hereunder.
Appears in 3 contracts
Sources: Ofs Channel Lease Agreement (Worldwide Wireless Inc), Ofs Channel Lease Agreement (Worldwide Wireless Inc), Ofs Channel Lease Agreement (Worldwide Wireless Inc)