Company: LBRDK
Filing Date: 2025-01-22
Form Type: DEFM14A
Source: 0001140361-25-001609
Chunk: 240

Company: Liberty Broadband Corp
Filing Date: 2025-01-22
Form: DEFM14A
Chunk 240
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 the GCI business will be excluded from such representations and warranties, in each case, subject to certain exceptions. Additionally, for all purposes of the merger agreement, each party agreed that none of the representations and warranties of Charter, Merger Sub or Merger LLC (other than certain tax-related representations and warranties) set forth in the merger agreement or in any certificate delivered by Charter to Liberty Broadband pursuant to the merger agreement are being made with respect to the company of which Charter holds portfolio securities, its subsidiaries or their respective businesses, subject to certain exceptions. The representations and warranties of each of Liberty Broadband, Charter, Merger LLC and Merger Sub will expire upon the effective time. Many of the representations of Liberty Broadband are qualified by a “material adverse effect” standard (that is, they will not be deemed to be untrue or incorrect unless their failure to be true or correct has or would be reasonably expected to have a material adverse effect). A “ material adverse effect” with respect to Liberty Broadband for purposes of the merger agreement means any change, effect, event, occurrence, state of facts or development that, individually or in the aggregate, has had or would reasonably be expected to have a material adverse effect on the business, properties, assets, liabilities, results of operations or financial condition of Liberty Broadband and its subsidiaries, taken as a whole, except that none of the following will constitute or be taken into account in determining whether a material adverse effect has occurred or would reasonably be expected to occur:

| • | changes in conditions generally in the United States or global economy or in the capital, credit or financial markets, including exchange or interest rates, credit availability and liquidity and price levels of trading volumes in the United States or foreign securities markets; |

| • | changes in general political conditions (including any changes arising out of or any outbreak or escalation of hostilities, civil disobedience, sabotage, acts of terrorism, military action or war (whether or not declared) or any other national or international calamity after the date of the merger agreement); |

| • | any change in GAAP or applicable law, including in the repeal thereof, or in the enforcement thereof; |

| • | the announcement or pendency of the transaction documents or the transactions contemplated thereby (including any stockholder litigation arising from such announcement or pendency and including the effects of such announcement or pendency on the price or trading volume of the Liberty Broadband capital stock, the Charter capital stock or certain portfolio securities owned by Liberty Broadband or the credit rating of