INTERESTS IN OTHER BUSINESSES. Except as reflected in Schedule 4.14 or Schedule 4.23 hereto, none of the Companies holds or owns any of the issued and outstanding capital stock, partnership interests, membership interests or similar equity interests, or any rights to acquire the same, of any corporation, partnership, limited liability company, firm or entity other than as specified or permitted in this Agreement.
INTERESTS IN OTHER BUSINESSES. During your employment you shall not be engaged, concerned or have an interest in any other business, trade or occupation except:
4.1 with the Company's prior written consent; or
4.2 where you hold a business interest for investment of up to three per cent of any class of securities quoted or dealt in on a recognised stock exchange; or
4.3 where such engagement, concern or business interest does not (a) conflict or compete with the business of any Group Company and (b) interfere with the proper performance of your duties under this Agreement.
INTERESTS IN OTHER BUSINESSES. 12.1 You shall disclose promptly in writing to the Company all your interests and those of your spouse and dependent children, in any business other than the business of the Company and its Subsidiaries and Associates and, save with the written consent of the Company (such consent not to be unreasonably withheld), you will not during the continuance of your employment accept any public office nor will you hold any directorship nor will you be engaged or interested (except as the holder for passive investment purposes of any shares or other securities quoted or dealt in on the London Stock Exchange, any other recognised stock exchange or NASDAQ not exceeding, in any case, 3 per cent of the class of securities of the company concerned) either directly or indirectly in any business or commercial occupation other than the business of the Company and its Subsidiaries and Associates.
12.2 In relation to dealing in shares, debentures or other securities of the Companies, its Subsidiaries or Associates and unpublished price sensitive information affecting the shares, debentures or other securities of any other company, you shall comply where relevant with every rule of law, every regulation of the UKLA, The London Stock Exchange and every regulation of the Company from time to time in force including compliance with the spirit as well as the letter of the rules for the time being applicable to the relevant stock exchanges on which shares of the Companies, its Subsidiaries or Associates are for the time being listed or traded. In relation to overseas dealings, you will also comply with all laws of the state and all regulations of the stock exchange, market or dealing system in which such dealings take place; and you will not (and will procure so far as you are able that your spouse and children do not) deal or become or cease to be interested (within the meaning of Part 1 of Schedule XIII to the Companies Act 1985) in any securities of the Company except in accordance with any rules or guidelines from time to time relating to securities transactions by senior executives of the Company.
INTERESTS IN OTHER BUSINESSES. 12.1 You shall disclose promptly in writing to the Company all your interests and those of your spouse and dependent children, in any business other than the business of the Company and its Subsidiaries and Associates and, save with the written consent of the Company (such consent not to be unreasonably withheld), you will not during the continuance of your employment accept any public office nor will you hold any directorship nor will you be engaged or interested (except as the holder for passive investment purposes of any shares or other securities quoted or dealt in on a recognised stock exchange not exceeding, in any case, 3 per cent of the class of securities of the company concerned) either directly or indirectly in any business or commercial occupation other than the business of the Company and its Subsidiaries and Associates. Back to Contents
12.2 You shall comply where relevant with every rule of law, every regulation of The Stock Exchange and every regulation of the Company from time to time in force including compliance with the spirit as well as the letter of the rules for the time being applicable to the relevant stock exchanges on which shares of the Company are for the time being listed or traded. In relation to overseas dealings, you will also comply with all laws of the state and all regulations of the stock exchange, market or dealing system in which such dealings take place; and you will not (and will procure so far as you are able that your spouse and children do not) deal or become or cease to be interested (within the meaning of Part 1 of Schedule XIII to the Companies Act 1985) in any securities of the Company except in accordance with any rules or guidelines from time to time relating to securities transactions by senior executives of the Company.
INTERESTS IN OTHER BUSINESSES. 4.11 Solvency........................................ 4.12
INTERESTS IN OTHER BUSINESSES. Except as reflected in Schedule 4.10 or Schedule 4.19 hereto, no Borrower (a) holds or owns any of the issued and outstanding Equity Securities, or any rights to acquire the same, of any corporation, partnership, limited liability company, firm or entity or (b) engages in any business activities or operations other than the ownership and operation of the Stations and the ownership and leasing of available space on broadcast towers used by Borrowers for their broadcast operations.
INTERESTS IN OTHER BUSINESSES. The Company does not own any shares in or other securities of, or have any interest in the Assets or business of, any other Person.
INTERESTS IN OTHER BUSINESSES. 5.1 During the Employment the Executive will not, without the prior written consent of the Company’s Board, be engaged, concerned or interested in any business or undertaking whatsoever other than the business of the Company (except as the owner for investment of shares and other securities quoted on a public stock exchange and not exceeding 1% of the total issued shares of any company).
5.2 Notwithstanding clause 5.1, the Executive shall be entitled to devote time to his and other outside interests and business activities but only to the extent that the discharge of his duties under this Agreement is not impaired as a result. The Company shall be entitled to withdraw the consent given by this clause to pursue such activities at any time if it believes that to continue with them would no longer be in the best interests of the Group provided however that in the event the Company withdraws such consent the Executive shall be entitled to fulfil any and all commitments that he has already committed to undertake on dates and times after the time at which consent is withdrawn.
INTERESTS IN OTHER BUSINESSES. 5.1. Save with the prior written consent of the Board (which consent shall not be unreasonably withheld or delayed), the Employee will not during the continuance of his employment be engaged or interested (except as the holder for investment of up to five percent (5%) of any class of securities quoted or dealt on a recognized stock exchange) either directly or indirectly in any business or occupation other than the business of the Company and its subsidiaries and associates.
INTERESTS IN OTHER BUSINESSES. Except as set forth in Schedule 4.08 (as such Schedule may be updated from time to time by the Borrowers’ delivery to the Administrative Agent of an updated Schedule reflecting additional disclosures required by reason of events occurring since the date of delivery of the previous version of such Schedule), and other than the outstanding Equity Interests of wholly-owned Subsidiaries of the respective Credit Parties, no Credit Party holds or owns any of the issued and outstanding capital stock, partnership interests or other ownership interests or Equity Interests, or any rights to acquire the same, of any corporation, partnership, firm or entity.
