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EXHIBIT 10.29.4
AMENDMENT TO ASSET PURCHASE AGREEMENT
This Amendment (this "Amendment") to Asset Purchase Agreement (the
"Purchase Agreement") between Ameron Broadcasting, Inc. ("Ameron") and Capstar
Acquisition Company, Inc. ("Capstar"), dated as of April 24, 1997, as such may
have been previously amended, is entered into this 9th day of May, 1997. Unless
otherwise defined herein, capitalized terms used herein shall have the meanings
ascribed to them in the Purchase Agreement.
Notwithstanding anything to the contrary contained in the Purchase
Agreement, Ameron and Capstar hereby agree that Capstar shall have the right to
extend the Closing until October 15, 1997 (the "Extension Right"), which right
it may exercise at any time on or before the third business day after the FCC
Consents have been given by Final Order by giving written notice to Ameron;
provided, however, that such Extension Right may not be exercised if Capstar is
in default under the Purchase Agreement. If Capstar exercises the Extension
Right, the Purchase Price shall be increased by an additional $65,000.00. This
Amendment is intended to comply with the terms of Section 12.3 of the Purchase
Agreement.
IN WITNESS WHEREOF, Ameron and Capstar have caused this Amendment to
be signed as of the date first set forth above.
AMERON BROADCASTING, INC.
By: /s/ Xxxxxx X. Xxxxxx
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Name: Xxxxxx X. Xxxxxx
Title: Secretary
CAPSTAR ACQUISITION COMPANY, INC.
By: /s/ Xxxxxxx X. Xxxxxxxx, Xx.
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Xxxxxxx X. Xxxxxxxx, Xx.
Vice President
