EXHIBIT 99.1
AGREEMENT AMONG FILING PARTIES
THIS AGREEMENT is made and entered into on February 21, 1997, by and among
XxXxxxx X. Xxxxxxxx, Xx.; XxXxxxx X. Xxxxxxxx, Xx., individually, as Custodian
for Xxxxx X. Xxxxxxxx, and as Trustee pursuant to a Voting Trust Agreement;
Xxxxxx X. Xxxxxxxx; Xxxxxxx X. Xxxxxxxx; and Xxxx X. Xxxxxxx (collectively
referred to herein as the "Filing Parties").
WHEREAS, Rule 13d-1(f)(1)(iii) under the Securities Exchange Act of 1934
(the "Act"), requires that, when a Schedule 13D is filed on behalf of more than
one person, an agreement be executed and filed as an exhibit to the Schedule 13D
reflecting that the Schedule 13D is being filed on behalf of all such persons:
NOW, THEREFORE, in consideration of the premises and the mutual promises
stated herein, the Filing Parties hereby agree as follows:
1. Each Filing Party agrees that a single Schedule 13D (and any
amendments thereto) shall be filed jointly on behalf of all the Filing Parties
with respect to the shares of Class A Common Stock, par value $.001 per share,
of Heftel Broadcasting Corporation, a Delaware corporation.
2. Each Filing Party acknowledges and agrees that, pursuant to
Rule 13d-1(f)(1) under the Act, each Filing Party individually is (i) eligible
to use the Schedule 13D and (ii) responsible for the timely filing of such
Schedule 13D and any amendments thereto and for the completeness and accuracy of
the information concerning such Filing Party contained in such Schedule 13D.
None of the Filing Parties, however, shall be responsible for the completeness
or accuracy of information concerning any other Filing Party contained in such
Schedule 13D, or any amendments thereto, unless such Filing Party knows or has
reason to believe that such information is incomplete or inaccurate.
3. This agreement shall not be assignable by any Filing Party. Any
assignment in violation of the foregoing shall be null and void.
4. This agreement shall terminate upon the written notice of termination
given by any Filing Party to the other Filing Parties.
5. This agreement may be executed in several counterparts, each of which
shall be deemed to be an original copy hereof.
IN WITNESS WHEREOF, the undersigned hereby executed this Agreement Among
Filing Parties as of the date or dates indicated below.
Date: February 21, 1997
/s/ XxXxxxx X. Xxxxxxxx, Xx.
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XxXxxxx X. Xxxxxxxx, Xx.
/s/ XxXxxxx X. Xxxxxxxx, Xx.
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XxXxxxx X. Xxxxxxxx, Xx.
/s/ XxXxxxx X. Xxxxxxxx, Xx.
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XxXxxxx X. Xxxxxxxx, Xx.,
as Custodian for Xxxxx X. Xxxxxxxx
/s/ XxXxxxx X. Xxxxxxxx, Xx.
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XxXxxxx X. Xxxxxxxx, Xx.,
as Trustee pursuant to a Voting Trust Agreement
/s/ Xxxxxx X. Xxxxxxxx
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Xxxxxx X. Xxxxxxxx
/s/ Xxxxxxx X. Xxxxxxxx
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Xxxxxxx X. Xxxxxxxx
/s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx
