Purchase of Warrants by the Company. The Company shall have the right to purchase or otherwise acquire Warrants at such times, in such manner and for such consideration as it and the relevant Holders of Warrants may deem appropriate. In the event the Company shall purchase or otherwise acquire Warrants, the related Global Warrant Certificates shall thereupon be delivered to the Warrant Agent for cancellation, and the related Book-Entry Warrants shall be cancelled. Any Warrants purchased or otherwise acquired by the Company shall not be outstanding for any purpose.
Appears in 3 contracts
Sources: Warrant Agreement (iHeartMedia, Inc.), Warrant Agreement (Cumulus Media Inc), Warrant Agreement (Citadel Broadcasting Corp)