Common use of Unwind Clause in Contracts

Unwind. In the event that the FCC requires the parties to unwind the transactions contemplated hereby after the Closing has occurred, the parties will mutually agree on the arrangements necessary to put the parties in the positions they 57 were in prior to the Closing.

Appears in 2 contracts

Sources: Asset Exchange Agreement (SFX Broadcasting Inc), Asset Exchange Agreement (SFX Broadcasting Inc)