Clear Channel Communications, Inc. unconditionally guaranteed as to the payment of principal, premium, if any, and interest by the Guarantors Exchange and Registration Rights AgreementExchange and Registration Rights Agreement • June 14th, 2011 • Clear Channel Communications Inc • Radio broadcasting stations • New York
Clear Channel Communications, Inc., a Texas corporation (the “Company”), proposes to issue and sell to the Purchasers (as defined herein) upon the terms set forth in the Purchase Agreement (as defined herein) $750,000,000 in aggregate principal amount of its 9.0% Priority Guarantee Notes due 2021. The Issuer previously issued $1,000,000,000 in aggregate principal amount of its 9.0% Priority Guarantee Notes due 2021 pursuant to the Indenture. As an inducement to the Purchasers to enter into the Purchase Agreement and in satisfaction of a condition to the obligations of the Purchasers thereunder, the Company and the Guarantors agree with the Purchasers for the benefit of holders (as defined herein) from time to time of the Registrable Securities (as defined herein) as follows:
ContractSupplemental Indenture • June 14th, 2011 • Clear Channel Communications Inc • Radio broadcasting stations • New York
SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of June 14, 2011, between Clear Channel Communications, Inc., a Texas Corporation (the “Issuer”), and Wilmington Trust FSB, a federal savings bank, as trustee (the “Trustee”).
