Common use of Further Acknowledgement Clause in Contracts

Further Acknowledgement. The parties to this Amendment agree and acknowledge that certain Locked-Up Holders are executing this Amendment as investment advisors for, and on behalf of, certain investment funds and institutional separate accounts. Notwithstanding the foregoing, by executing this Amendment, each such Locked-Up Holder executing this Amendment in such capacity further represents and warrants to the other Locked-Up Holders that (i) it has the requisite power and authority to agree to all of the matters set forth in this Amendment with respect to the Emmis securities such Locked-Up Holder beneficially owns in its capacity as investment advisor with discretionary authority, (ii) it has the full authority on behalf of all such funds and accounts to vote, transfer and hold all the Emmis securities such Locked-Up Holder beneficially owns, and (iii) it has all requisite power and authority to enter into this Amendment and to perform its respective obligations under, this Amendment, on behalf of each such fund.

Further Acknowledgement. The parties to this Amendment Agreement agree and acknowledge that certain Locked-Up Holders are executing this Amendment Agreement as investment advisors for, and on behalf of, certain investment funds and institutional separate accounts. Notwithstanding the foregoing, by executing this AmendmentAgreement, each such Locked-Up Holder executing this Amendment Agreement in such capacity further represents and warrants to the other Locked-Locked- Up Holders that (i) it has the requisite power and authority to agree to all of the matters set forth in this Amendment Agreement with respect to the Emmis securities such Locked-Up Holder beneficially owns in its capacity as investment advisor with discretionary authority, (ii) it has the full authority on behalf of all such funds and accounts to vote, transfer and hold all the Emmis securities such Locked-Up Holder beneficially owns, and (iii) it has all requisite power and authority to enter into this Amendment Agreement and to perform its respective obligations under, this AmendmentAgreement, on behalf of each such fund.. * * * * * [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

Further Acknowledgement. The parties to this Amendment Agreement agree and acknowledge that certain Locked-Up Holders are executing this Amendment Agreement as investment advisors for, and on behalf of, certain investment funds and institutional separate accounts. Notwithstanding the foregoing, by executing this AmendmentAgreement, each such Locked-Up Holder executing this Amendment Agreement in such capacity further represents and warrants to the other Locked-Locked- Up Holders that (i) it has the requisite power and authority to agree to all of the matters set forth in this Amendment Agreement with respect to the Emmis securities such Locked-Up Holder beneficially owns in its capacity as investment advisor with discretionary authority, (ii) it has the full authority on behalf of all such funds and accounts to vote, transfer and hold all the Emmis securities such Locked-Up Holder beneficially owns, and (iii) it has all requisite power and authority to enter into this Amendment Agreement and to perform its respective obligations under, this AmendmentAgreement, on behalf of each such fund.. *****