The Systems. 3.10.1 To the Sellers' knowledge, all of the Equipment is in good working order and repair, complies in all material respects with all applicable Licenses and Laws and with all rules, regulations and standards of all Governmental Authorities regarding its intended use. None of the Holding Companies directly owns any material cable television Equipment. 3.10.2 To the Sellers' knowledge, each of the Operating Companies is duly authorized under applicable Laws to distribute to Subscribers all the signals carried or proposed to be carried and has all Licenses required to operate all earth stations and microwave and other transmission facilities used or proposed to be used in the Systems of the Companies in compliance with applicable Laws.
Appears in 2 contracts
Sources: Stock Purchase Agreement (United International Holdings Inc), Stock Purchase Agreement (United International Holdings Inc)
The Systems. 3.10.1 To the Sellers' knowledge, all of the Equipment is in good working order and repair, complies in all material respects with all applicable Licenses and Laws and with all rules, regulations and standards of all Governmental Authorities regarding its intended use. None of the The Holding Companies Company does not directly owns own any material cable television Equipment.
3.10.2 To the Sellers' knowledge, each of the Operating Companies is duly authorized under applicable Laws to distribute to Subscribers all the signals carried or proposed to be carried and has all Licenses required to operate all earth stations and microwave and other transmission facilities used or proposed to be used in the Systems of the Companies in compliance with applicable Laws.
Appears in 1 contract
Sources: Stock Purchase Agreement (United International Holdings Inc)