Common use of Purchaser's Qualification Clause in Contracts

Purchaser's Qualification. 5.6.1. PURCHASER is legally, financially and otherwise qualified to be the assignee of the FCC Licenses, and no waivers shall be required by the FCC for the consummation of the transactions contemplated hereby or the grant of the FCC Order. To PURCHASER's knowledge, there are no facts or proceedings which would reasonably be expected (a) to disqualify PURCHASER under the Communications Act or otherwise from holding the FCC Licenses, (b) to cause the FCC to flag the FCC Application and/or initiate a review of the potential effects on competition and/or diversity of the transaction, or (c) to cause the FCC not to approve the assignment of the FCC Licenses to PURCHASER. 5.6.2. To the knowledge of PURCHASER, PURCHASER or any Affiliate of PURCHASER shall not be required to sell, dispose of or surrender any FCC license held by PURCHASER or any such Affiliate with respect to any broadcast properties, or any other properties or businesses of PURCHASER or such Affiliate, as may be required under the Communications Act or the antitrust laws in order to consummate the sale and purchase of the Purchased Assets contemplated by this Agreement.

Purchaser's Qualification. 5.6.16.6.1. PURCHASER Purchaser and each Purchaser Affiliate is legally, financially and otherwise qualified to be the assignee of the FCC Licenses, and no waivers shall be required by the FCC for the consummation of the transactions contemplated hereby or the grant of the FCC Order. To PURCHASERPurchaser's knowledge, there are no facts or proceedings which would reasonably be expected (a) to disqualify PURCHASER Purchaser under the Communications Act or otherwise from holding the FCC Licenses, (b) to cause the FCC to flag the FCC Application and/or initiate a review of the potential effects on competition and/or diversity of the transaction, or (c) to cause the FCC not to approve the assignment of the FCC Licenses to PURCHASERPurchaser. 5.6.26.6.2. To the knowledge of PURCHASERPurchaser, PURCHASER Purchaser or any Purchaser Affiliate of PURCHASER shall not be required to sell, dispose of or surrender any FCC license held by PURCHASER Purchaser or any such Purchaser Affiliate with respect to any broadcast properties, or any other properties or businesses of PURCHASER Purchaser or such Purchaser Affiliate, as may be required under the Communications Act or the antitrust laws in order to consummate the sale and purchase of the Purchased Assets contemplated by this Agreement.

Purchaser's Qualification. 5.6.16.6.1. PURCHASER Purchaser and each Purchaser Affiliate is legally, financially and otherwise qualified to be the assignee of the FCC Licenses, and no waivers shall be required by the FCC for the consummation of the transactions contemplated hereby or the grant of the FCC Assignment Order. To PURCHASERPurchaser's knowledge, there are no facts or proceedings which would reasonably be expected (a) to disqualify PURCHASER Purchaser under the Communications Act or otherwise from holding the FCC Licenses, (b) to cause the FCC to flag the FCC Application and/or initiate a review of the potential effects on competition and/or diversity of the transaction, or (c) to cause the FCC not to approve the assignment of the FCC Licenses to PURCHASERPurchaser. 5.6.26.6.2. To the knowledge of PURCHASERPurchaser, PURCHASER Purchaser or any Purchaser Affiliate of PURCHASER shall not be required to sell, dispose of or surrender any FCC license held by PURCHASER Purchaser or any such Purchaser Affiliate with respect to any broadcast properties, or any other properties or businesses of PURCHASER Purchaser or such Purchaser Affiliate, as may be required under the Communications Act or the antitrust laws in order to consummate the sale and purchase of the Purchased Assets contemplated by this Agreement.