Common use of Control Group Clause in Contracts

Control Group. The Purchaser and Edua▇▇▇ ▇▇▇ ("▇az") ▇cknowledge that upon the purchase of the Shares the Purchaser will be a qualifying member of the "control group" of the Corporation as defined in 47 CFR Section 24.720(k) and Paz will be a "Qualifying Minority and/or Woman Investor" as defined in 47 CFR Section 24.720(n). The Purchaser and Paz covenant and agree that at all times during which the Purchaser owns any Common Stock, the Purchaser and Paz will not, without the prior written consent of the Corporation, assign or transfer control or any ownership interest of the Purchaser to any person or entity unless, following such assignment or transfer, the Purchaser shall continue to be a qualifying member of the control group, and the transferee of any interest currently owned by Paz shall continue to be owned by a Qualifying Minority and/or Woman Investor. The Purchaser hereby grants to the Corporation a future right to inspect the minute book, stock ledger and stock records of the Purchaser in order to confirm the ownership status of the Purchaser.

Control Group. The Purchaser and Edua▇▇▇ ▇▇▇ ("▇az") ▇cknowledge acknowledge that as of December 1, 1994, the Purchaser was, and upon the purchase of the Shares the Purchaser will be be, a qualifying member of the "control group" of the Corporation as defined in 47 CFR Section 24.720(k) and Paz will be a "Qualifying Minority and/or Woman Investor" as defined in 47 CFR Section 24.720(n). The Purchaser and Paz covenant and agree that at all times during which the Purchaser owns any Common Stock, the Purchaser and Paz will not, without the prior written consent of the Corporation, assign or transfer control or any ownership interest of the Purchaser to any person or entity unless, following such assignment or transfer, the Purchaser shall continue to be a qualifying member of the control group, and the transferee of any interest currently owned by Paz shall continue to be owned by a Qualifying Minority and/or Woman Investor. The Purchaser hereby grants to the Corporation a future continuing right to inspect the minute book, stock ledger and stock records of the Purchaser in order to confirm the ownership status of the Purchaser.