THE OWNERSHIP INTERESTS WILL NOT CHANGE UNDER THE TRANSACTION AS PROPOSED, INASMUCH AS THE OWNERS OF THE ASSIGNOR ARE EXACTLY THE SAME OWNERS OF THE ASSIGNEE (AND WITH EXACTLY THE SAME PERCENTAGE OWNERSHIP INTERESTS). THE PROPOSED ASSIGNEE IS THUS A WHOLLY-OWNED SUBSIDIARY OF THE ASSIGNOR; THE ASSIGNMENT OF THE FCC LICENSE TO THE ASSIGNEE IS MERELY A REQUIREMENT OF ASSIGNOR'S LENDER, AS A CONDITION TO A PROPOSED LOAN,IN ORDER THAT THE FCC LICENSE IS HELD IN A WHOLLY-OWNED, SUBSIDIARY LLC FROM THE PARENT LLC.