Common use of Limitations on Powers and Activities of the Company; Material Actions Clause in Contracts

Limitations on Powers and Activities of the Company; Material Actions. This Section 9(j) is being adopted in order to comply with certain provisions required in order to qualify the Company as a “special purpose” entity.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Urban One, Inc.), Limited Liability Company Agreement (Urban One, Inc.)