Common use of Distributions and Purchases Clause in Contracts

Distributions and Purchases. (a) All distributions on and purchases of capital stock and capital stock equivalents shall be approved by the Board of Directors in its sole discretion and made in accordance with applicable Law.

Appears in 3 contracts

Samples: Warrant Agreement (iHeartMedia, Inc.), Warrant Agreement (Cumulus Media Inc), Warrant Agreement (Cumulus Media Inc)

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Distributions and Purchases. (a) All distributions on and purchases of capital stock and capital stock equivalents shall be approved by the Board of Directors in its sole discretion and made in accordance with applicable Lawlaw.

Appears in 1 contract

Samples: Warrant Agreement (Citadel Broadcasting Corp)

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