Common use of Barter Arrangements Clause in Contracts

Barter Arrangements. Schedule 6.1.23 accurately describes all barter, trade or similar arrangements for the sale of advertising for other than cash and all Trade Agreements relating to the operation of the Stations which are outstanding as of the date hereof. With respect to the Stations, all such advertising time sold under barter, trade or similar arrangements for other than cash or under Trade Agreements may be, preempted by advertising time that is sold for cash. All such barter, trade or similar arrangements for the sale of advertising time for other than cash and all Trade Agreements have been entered into in the ordinary course consistent with past practices.

Appears in 1 contract

Sources: Asset Purchase Agreement (Chancellor Media Corp of Los Angeles)

Barter Arrangements. Schedule 6.1.23 accurately describes all barter, trade or similar arrangements for the sale of advertising for other than cash and all Trade Agreements relating to the operation of the Stations Station which are outstanding as of the date hereofJuly 29, 1998. With respect to the StationsStation, all such advertising time sold under barter, trade or similar arrangements for other than cash or under Trade Agreements may be, preempted by advertising time that is sold for cash. All such barter, trade or similar arrangements for the sale of advertising time for other than cash and all Trade Agreements have been entered into in the ordinary course consistent with past practices.

Appears in 1 contract

Sources: Asset Purchase Agreement (Chancellor Media Corp of Los Angeles)