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Assets of Radio Broadcast Stations Business

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Attachments

Assets of Radio Broadcast Stations Business



Price: $475,000.00


Other Item Info
Item #: utbke_403394
Created: 03/29/2019
Category: Business Property > All Assets or Going Concerns > Media
Sale Date: None Set
Seller Info
Michael F. Thomson
Debtor's Attorney
136 South Main Street Suite 1000
Salt Lake City, UT 84101
(801) 933-7360
Bankruptcy Info
Case #: 2:16-bk-28578
Case Title: RP Broadcasting Idaho, LLC
Court: Utah Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of assets of RP Broadcasting Idaho, LLC, which includes:

  • The licenses and any and all other FCC authorizations pertaining to the Sun Valley Stations, including any renewals or modifications thereof between the date hereof and Closing, that are set forth and more fully described in Schedule 1.1(a) on the attached PDF (the "FCC Licenses");
  • All equipment, transmitters, antennas, supplies, cables, towers, vehicles, furniture, fixtures, spare parts, inventories, other property purchased but not installed, and other tangible personal property of every kind and description used or held for use in the operation of the Sun Valley Stations, as identified on Schedule 1.1(b), except for any retirements or dispositions thereof made between the date hereof and Closing in the ordinary course of business (the "Tangible Personal Property");
  • All of Seller's right, title and interests under those existing agreements, contracts, commitments, programming and product contracts and leases relating to the operation of the Sun Valley Stations that are set forth and more fully described on Schedule 1.1(c) hereto and to be assumed by Buyer (collectively, the "Assumed Contracts"). Consents to assign any contracts designated with an asterisk on Schedule 1.1(c) (if any) require consents from third parties, the receipt of which are conditions precedent to Buyer's obligation to close under this Agreement (collectively, the "Required Consents");
  • All of Seller's right, title and interest in and to each Sun Valley Stations' call letters and rights in and to the trademarks, trade names, service marks, internet domain names, copyrights, jingles, slogans, logos and other intangible property which are used or held for use solely in the operations of the Sun Valley Stations, including without limitation those set forth and more fully described in Schedule 1.1(d) on the attached PDF (collectively, the "Intellectual Property");
  • All of Seller's right, title and interest in and to any files, documents, records, and books of account (or copies thereof) relating to the operation of the Sun Valley Stations, including local public files, programming information and studies, engineering data, advertising studies, marketing and demographic data, sales correspondence, list of advertisers, credit and sales reports, and logs, but excluding records comprising or related to the Excluded Assets; and
  • All of Seller's right, title and interest in other assets, properties and businesses, real or personal, tangible or intangible, primarily used or otherwise primarily related to the Sun Valley Stations, except for the Excluded Assets.

Other Information

Terms and Conditions:

See Attached.


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