Common use of VIACOM TRANSACTION Clause in Contracts

VIACOM TRANSACTION. On February 16, 1997, EMCLA and Viacom ------------------ International Inc. ("Viacom") entered into a Stock Purchase Agreement (the "Viacom Purchase Agreement") whereby EMCLA agreed to purchase all the outstanding shares of stock of certain subsidiaries of Viacom that own and operate the radio broadcast stations described in the Viacom Purchase Agreement. Concurrently with the execution and delivery of this Agreement, Evergreen, EMCLA, the Company and Radio Broadcasting have entered into an agreement (the "Joint Purchase Agreement") whereby, as between Evergreen and the Company, the Company has agreed to assume certain obligations under the Viacom Purchase Agreement and Evergreen has agreed to grant to the Company certain rights under the Viacom Purchase Agreement. Notwithstanding any provision hereof to the contrary, no provision of this Agreement shall be deemed to prohibit any transaction contemplated by the Joint Purchase Agreement or the Viacom Purchase Agreement. The transactions contemplated by the Viacom Purchase Agreement and the Joint Purchase Agreement are referred to collectively as the "Viacom Transaction." [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.]

VIACOM TRANSACTION. On February 16, 1997, EMCLA and Viacom ------------------ International Inc. ("Viacom") entered into a Stock Purchase Agreement (the "Viacom Purchase Agreement") whereby EMCLA agreed to purchase all the outstanding shares of stock of certain subsidiaries of Viacom that own and operate the radio broadcast stations described in the Viacom Purchase Agreement. Concurrently with the execution and delivery of this Agreement, Evergreen, EMCLA, the Company and Radio Broadcasting have entered into an agreement (the "Joint Purchase Agreement") whereby, as between Evergreen and the Company, the Company has agreed to assume certain obligations under the Viacom Purchase Agreement and Evergreen has agreed to grant to the Company certain rights under the Viacom Purchase Agreement. Notwithstanding any provision hereof to the contrary, no provision of this Agreement shall be deemed to prohibit any transaction contemplated by the Joint Purchase Agreement or the Viacom Purchase Agreement. The transactions contemplated by the Viacom Purchase Agreement and the Joint Purchase Agreement are referred to collectively as the "Viacom Transaction." [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.]

VIACOM TRANSACTION. On February 16, 1997, EMCLA and Viacom ------------------ International Inc. ("Viacom") entered into a Stock Purchase Agreement (the "Viacom Purchase Agreement") whereby EMCLA agreed to purchase all the outstanding shares of stock of certain subsidiaries of Viacom that own and operate the radio broadcast stations described in the Viacom Purchase Agreement. Concurrently with the execution and A-32 38 delivery of this the Old Agreement, Evergreen, EMCLA, the Company and Radio Broadcasting have entered into an agreement (the "Joint Purchase Agreement") whereby, as between Evergreen and the Company, the Company has agreed to assume certain obligations under the Viacom Purchase Agreement and Evergreen has agreed to grant to the Company certain rights under the Viacom Purchase Agreement. Notwithstanding any provision hereof to the contrary, no provision of the Old Agreement or this Agreement shall be deemed to prohibit any transaction contemplated by the Joint Purchase Agreement or the Viacom Purchase Agreement. The transactions contemplated by the Viacom Purchase Agreement and the Joint Purchase Agreement are referred to collectively as the "Viacom Transaction." [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.]"