Common use of Distributions or Dividends Clause in Contracts

Distributions or Dividends. 39 5.11. Payment of Subordinated Indebtedness...............................................................40 5.12. Reserved...........................................................................................40 5.13. Issuance of Additional Equity......................................................................40 5.14. Removal of Assets..................................................................................40 5.15. Modifications to Organic Documents.................................................................41 5.16. Terms of and Modifications to Material Relationships...............................................41 5.17. Margin Stock Restrictions; Other Federal Statutes..................................................41 ARTICLE 6: ADDITIONAL COLLATERAL AND RIGHT OF SET OFF...............................................................41 6.1.

Distributions or Dividends. 39 37 5.11. Payment of Subordinated Indebtedness...............................................................40 ........................................37 5.12. Reserved...........................................................................................40 Payment of Management Fees and Other Compensation...........................37 5.13. Issuance of Additional Equity......................................................................40 ...............................................37 5.14. Removal of Assets..................................................................................40 ...........................................................37 5.15. Modifications to Organic Documents.................................................................41 ..........................................38 5.16. Terms of and Modifications to Material Relationships...............................................41 ........................38 5.17. Margin Stock Restrictions; Other Federal Statutes..................................................41 ...........................38 5.18. Radio Station Obligations...................................................38 ARTICLE 6: ADDITIONAL COLLATERAL AND RIGHT OF SET OFF...............................................................41 6.1...................................39

Distributions or Dividends. 39 35 5.11. Payment of Subordinated Indebtedness...............................................................40 ..............................36 5.12. Reserved...........................................................................................40 Payment of Management Fees and Other Compensation.................36 5.13. Issuance of Additional Equity......................................................................40 .....................................36 5.14. Removal of Assets..................................................................................40 .................................................36 5.15. Modifications to Organic Documents.................................................................41 ................................37 5.16. Terms of and Modifications to Material Relationships...............................................41 ..............37 5.17. Margin Stock Restrictions; Other Federal Statutes..................................................41 .................37 5.18. Holding Company Structure.........................................37 ARTICLE 6: ADDITIONAL COLLATERAL AND RIGHT OF SET OFF...............................................................41 ........................37 6.1.

Distributions or Dividends. 39 35 5.11. Payment of Subordinated Indebtedness...............................................................40 .........................36 5.12. Reserved...........................................................................................40 Payment of Management Fees and Other Compensation............36 5.13. Issuance of Additional Equity......................................................................40 ................................36 5.14. Removal of Assets..................................................................................40 ............................................36 5.15. Modifications to Organic Documents.................................................................41 ...........................37 5.16. Terms of and Modifications to Material Relationships...............................................41 .........37 5.17. Margin Stock Restrictions; Other Federal Statutes..................................................41 ............37 5.18. Holding Company Structure....................................37 ARTICLE 6: ADDITIONAL COLLATERAL AND RIGHT OF SET OFF...............................................................41 ...................37 6.1.