A digital sound programme licence1 continues in force2 until it is surrendered by its holder3. A digital sound programme licence must include such conditions as appear to Ofcom4 to be appropriate for requiring the holder of the licence5:
(1) on entering into any agreement with the provider of a radio multiplex service6, of a television multiplex service7 or of a general multiplex service8 for the provision of a digital sound programme service9 to be broadcast10 by means of the multiplex service, to notify Ofcom11:
(a) of the identity of the multiplex service12;
(b) of the characteristics of the digital
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This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
What is rescission of a contract?The remedy of rescission is available to a party whose consent, in entering into a contract, has been invalidated in some way:•the effect of rescinding a contract is to extinguish it and restore the parties to their pre-contractual positions•the main grounds of
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