Combine first 4 ingredients in a medium sized saucepan and warm over low heat just enough to melt honey.
Arrange 4 chicken breast halves with the skin side up in a square baking dish or pan, sprayed with olive oil spray.
Sprinkle lightly with seasoned salt, garlic, onion powder and cracked black pepper.
Bake uncovered at 400°F about 35 to 40 minutes, basting chicken without turning, 3-4 times during baking or until nicely browned.
Remove chicken from oven and seal baking dish tightly in aluminum foil and allow to stand 15 to 20 minutes before serving.