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Investor Relations

SEC Filings

8-K
GRAHAM HOLDINGS CO filed this Form 8-K on 05/06/1994
Entire Document
 
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                 (e)      Notices of Damage or Destruction.  Promptly, and in
         any event within two business days of Seller's obtaining knowledge
         thereof, notify Purchasers in writing of any material damage to or
         destruction of any material Purchased Asset, Blue Ridge Asset or HT
         Joint Venture Asset;

                 (f)      Consents and Approvals.  Use all reasonable efforts
         to obtain or cause to be obtained prior to the Closing Date consents
         to the assignment to Purchasers of all Contracts and Other Licenses
         which require the consent of any third party by reason of the
         transactions provided for in this Agreement;

                 (g)      NBC Network Affiliation Agreement.  (i) Use all
         reasonable efforts to maintain in full force and effect, without
         amendment or modification, the NBC television network affiliation
         agreement applicable to the KPRC-TV Station and, if any notice of
         cancellation thereof is given to or received by Seller at or prior to
         the Closing Date or if such agreement shall have terminated at or
         prior to the Closing Date, use all reasonable efforts to enter into a
         replacement network affiliation agreement with NBC as to the KPRC-TV
         Station as promptly as practicable prior to the Closing Date on terms
         no less favorable to the KPRC-TV Station than the cancelled or
         terminated network affiliation contract that it replaces (such
         existing or, if applicable, replacement network affiliation agreement
         being referred to herein as the "NBC Network Affiliation Agreement"),
         (ii) promptly notify NBC of the application filed with the FCC for
         consent to the assignment of the KPRC-TV License to the Houston
         Purchaser, and (iii) use all reasonable efforts to secure on or prior
         to the Closing Date all necessary consents to the assignment of the
         NBC Network Affiliation Agreement to the Houston Purchaser;

                 (h)      ABC Network Affiliation Agreement.  (i) Use all
         reasonable efforts to maintain in full force and effect, without
         amendment or modification, the ABC television network affiliation
         agreement applicable to the KSAT-TV Station and, if any notice of
         cancellation thereof is given to or received by Seller at or prior to
         the Closing Date or if such agreement shall have terminated at or
         prior to the Closing Date, use all reasonable efforts to enter into a
         replacement network affiliation agreement with ABC as to the KSAT-TV
         Station as promptly as practicable prior to the Closing Date on terms
         no less favorable to the KSAT-TV Station than the cancelled or
         terminated network affiliation contract that it replaces (such
         existing or, if applicable, replacement network affiliation agreement
         being referred to herein as the "ABC Network Affiliation Agreement"),
         (ii) promptly notify ABC of the application filed with the FCC for
         consent to the assignment of the KSAT-TV License to





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