Digital Capital Expenditures
Digital Capital Expenditures. Means any Capital Expenditures which accomplish the purpose of upgrading the antennae and towers (and all related technical equipment) of the Borrower and its Subsidiaries to provide over-the-air digital television transmission by May 1,2002 in order to comply with the applicable rules, regulations and timetables established by the Federal Communications Commission (see 47 C.F.R. ss.73.624).
All Definitions
Found in
YOUNG BROADCASTING INC contract