Company: LBRDK
Filing Date: 2025-01-22
Form Type: DEFM14A
Source: 0001140361-25-001609
Chunk: 247

Company: Liberty Broadband Corp
Filing Date: 2025-01-22
Form: DEFM14A
Chunk 247
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 sell, pledge, dispose of, transfer, lease, license, exercise, convert or encumber, or authorize the same of: |

| • | any tangible or intangible property or assets of Liberty Broadband or its subsidiaries material to the operation of the business of Liberty Broadband and its subsidiaries, taken as a whole, except for (i) certain permitted encumbrances, (ii) certain intracompany transfers, (iii) pursuant to contracts in effect as of the date of the merger agreement and set forth in certain confidential disclosure letter provided from Liberty Broadband to Charter in connection with the merger agreement, (iv) as permitted under the stockholders and letter agreement amendment, (v) subject to the terms of the merger agreement, as may be required pursuant to the Liberty Broadband margin loan agreement and related documents as in effect on the date of the merger agreement or amended or replaced in accordance with the terms of the merger agreement, and (vi) for any deemed sales or dispositions pursuant to Section 16 of the Exchange Act; or |

| • | any shares of Charter owned by Liberty Broadband, except (i) as permitted under the stockholders and letter agreement amendment, (ii) subject to the terms of the merger agreement, as may be required pursuant to the Liberty Broadband margin loan agreement, (iii) in connection with any business combination transaction, including any merger, consolidation, share exchange, tender offer, exchange offer or other similar transaction, reorganization, recapitalization, dissolution, liquidation, reverse stock-split or other similar transaction by or involving Charter or (iv) for any deemed sales or dispositions pursuant to Section 16 of the Exchange Act; |

| • | not, and will cause its subsidiaries not to, acquire, directly or indirectly, by purchase, merger, consolidation or otherwise, equity or assets of another person for a purchase price in excess of $25 million in the aggregate for all such acquisition; |

| • | not, and will cause its subsidiaries not to: |

| • | declare, set aside, make or pay any dividend or distribution with respect to capital stock of Liberty Broadband (other than (i) intracompany dividends or distributions, (ii) preferential dividends on Liberty Broadband preferred stock or (iii) in connection with any GCI divestiture) or enter into any voting agreement (other than the voting agreements) with respect to such capital stock; |

| • | reclassify, combine, split or subdivide any capital stock of Liberty Broadband