ASSET PURCHASE AGREEMENT by and among RADIO ONE, INC. and RADIO ONE LICENSES, LLC, as Sellers and BONNEVILLE INTERNATIONAL CORPORATION and BONNEVILLE HOLDING COMPANY as Buyers March 24, 2008Asset Purchase Agreement • March 26th, 2008 • Radio One Inc • Radio broadcasting stations • District of Columbia
This Asset Purchase Agreement (“Agreement”) is made as of the 24th day of March, 2008, by and among RADIO ONE, INC., a Delaware corporation (“Radio One”), RADIO ONE LICENSES, LLC, a Delaware limited liability company (“Licensee,” and together with Radio One, “Sellers”), BONNEVILLE INTERNATIONAL CORPORATION, a Utah corporation (“BIC”), and BONNEVILLE HOLDING COMPANY, a Utah non-profit corporation (“BHC,” and together with BIC, “Buyers”). Reference herein to a “Party” or the “Parties” shall refer, on the one hand, to the Buyers, and on the other hand, to the Sellers. Capitalized terms shall have the meanings ascribed to them in Article 13 of this Agreement.
