Exhibit 99.1
AGREEMENT AMONG FILING PARTIES
THIS AGREEMENT is made and entered into on February 2, 1998, 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; the
Colorado National Bank, as trustee of the Xxxxx X. Xxxxxxxx Trust, 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 Amendment No. 1 to the Schedule 13D
dated February 24, 1997 (the "Amendment") 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 the Amendment or
any further amendment and for the completeness and accuracy of the information
concerning such Filing Party contained in the Amendment or any further
amendment. None of the Filing Parties, however, shall be responsible for the
completeness or accuracy of information concerning any other Filing Party
contained in the Amendment or any further amendment, 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 2, 1998
* /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
The Xxxxx X. Xxxxxxxx Trust
By: The Colorado National Bank, as trustee
By: /s/ Xxxxx X. XxXxxxx
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Name: Xxxxx X. XxXxxxx
Title: Senior Vice President
/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/ Xxxxxx X. Xxxxxxxx
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Xxxxxxx X. Xxxxxxxx
* /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx
* By: /s/ XxXxxxx X. Xxxxxxxx, Xx.
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XxXxxxx X. Xxxxxxxx, Xx.
Attorney-in-Fact
