Common use of Foreign Ownership Limitation Clause in Contracts

Foreign Ownership Limitation. (a) The Company shall have the right to limit New Member's ownership of the Company to ensure that it does not violate the foreign ownership limitations imposed by the Communications Act of 1934, as amended, and by the regulations and decisions of the Federal Communications Commission (collectively, the "Communications Act").

Appears in 5 contracts

Samples: Stockholders' Agreement (Associated Group Inc), Form of Stockholders' Agreement (Teligent Inc), Stockholders' Agreement (Ntta&t Investment Inc)

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