Company: LBRDK
Filing Date: 2025-01-10
Form Type: PRER14A
Source: 0001140361-25-000778
Chunk: 75

Company: Liberty Broadband Corp
Filing Date: 2025-01-10
Form: PRER14A
Chunk 75
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), (ii) the other party’s representations and warranties being true and correct (subject to certain materiality and material adverse effect qualifications), and (iii) the other party having performed in all material respects its obligations under the merger agreement. Additionally, the obligation of Charter to close is conditioned on the completion of the GCI divestiture. For more information, see the section entitled “The Merger Agreement—Conditions to the Combination.” Termination of the Merger Agreement (page 146) The merger agreement may be terminated at any time prior to the effective time (and, except as set forth below, notwithstanding the receipt of the requisite Liberty Broadband stockholder approvals, the requisite Charter stockholder approvals or the adoption of the merger agreement by Merger LLC as the sole stockholder of Merger Sub), as authorized by the Liberty Broadband Board or the Charter special committee or Charter Board (acting at the recommendation of the Charter special committee), as applicable, as follows:

| • | by the mutual written consent of each of Liberty Broadband and Charter; |

| • | by either Liberty Broadband or Charter: |

| • | subject to the parties’ specific enforcement right, if the merger has not been completed on or before the drop dead date, so long as such party’s failure to comply in all material respects with the merger agreement has not been a primary cause of the failure of the effective time to occur on or before the drop dead date, and so long as there is no pending action brought by the other party to enforce the provisions of the merger agreement; |

| • | if any governmental authority has issued or granted an order or taken any other action permanently restraining, enjoining or otherwise prohibiting the combination or the other transactions contemplated by the transaction documents and such order or other action is, or has become final and non-appealable, provided that this right to terminate the merger agreement is not available to a party if a material breach by such party of its obligations to use reasonable best efforts to obtain the requisite regulatory approvals for the combination has been a primary cause of the issuance of such order or other action; |

| • | pursuant to the Liberty Broadband vote down termination right; or |

| • | pursuant to the Charter vote down termination right. |

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| • | by Liberty Broadband: |

| • | pursuant to the parent adverse recommendation change termination right; |

| • | pursuant to the Charter breach termination right; or |

| • | by Charter: |

| • | pursuant to the