Common use of Acceleration of Exercise Period Clause in Contracts

Acceleration of Exercise Period. Subject to the last sentence of Section 4.01, if prior to July 11, 1998 (i) a Significant Corporate Transaction is proposed, (ii) the Company proposes to make a disposition of all or any number of the shares of Capital Stock of MusicCo beneficially owned by it and as a result of such disposition the Company will cease to be the beneficial owner of at least 30% (in voting power) of the shares of Capital Stock of MusicCo then outstanding (a "Change in Control Transaction"), (iii) a Bankruptcy Event occurs or (iv) the Company is dissolved or liquidated, then the Exercise Period for each Right shall be accelerated as provided herein and the Company shall be obligated to honor all Rights validly exercised in accordance with Section 4.08 prior to the expiration of such accelerated Exercise Period.

Acceleration of Exercise Period. Subject to the last sentence of Section 4.01, if prior to July 11, 1998 the [anniversary date of closing] (i) a Significant Corporate Transaction is proposed, (ii) the Company proposes to make a disposition of all or any number of the shares of Capital Stock of MusicCo beneficially owned by it and as a result of such disposition the Company will cease to be the beneficial owner of at least 30% (in voting power) of the shares of Capital Stock of MusicCo then outstanding (a "Change in Control Transaction"), (iii) a Bankruptcy Event occurs or (iv) the Company is dissolved or liquidated, then the Exercise Period for each Right shall be accelerated as provided herein and the Company shall be obligated to honor all Rights validly exercised in accordance with Section 4.08 prior to the expiration of such accelerated Exercise Period.

Acceleration of Exercise Period. Subject to the last sentence ------------------------------- of Section 4.01, if prior to July 11, 1998 the [anniversary date of closing] (i) a Significant Corporate Transaction is proposed, (ii) the Company proposes to make a disposition of all or any number of the shares of Capital Stock of MusicCo beneficially owned by it and as a result of such disposition the Company will cease to be the beneficial owner of at least 30% (in voting power) of the shares of Capital Stock of MusicCo then outstanding (a "Change in Control Transaction"), (iii) a Bankruptcy Event occurs or (iv) the Company is dissolved or liquidated, then the Exercise Period for each Right shall be accelerated as provided herein and the Company shall be obligated to honor all Rights validly exercised in accordance with Section 4.08 prior to the expiration of such accelerated Exercise Period.

Acceleration of Exercise Period. Subject to the ------------------------------- last sentence of Section 4.01, if prior to July 11, 1998 the [anniversary date of closing] (i) a Significant Corporate Transaction is proposed, (ii) the Company proposes to make a disposition of all or any number of the shares of Capital Stock of MusicCo beneficially owned by it and as a result of such disposition the Company will cease to be the beneficial owner of at least 30% (in voting power) of the shares of Capital Stock of MusicCo then outstanding (a "Change in Control Transaction"), (iii) a Bankruptcy Event occurs or (iv) the Company is dissolved or liquidated, then the Exercise Period for each Right shall be accelerated as provided herein and the Company shall be obligated to honor all Rights validly exercised in accordance with Section 4.08 prior to the expiration of such accelerated Exercise Period.