Exhibit 10.1

 

SECOND AMENDED AND RESTATED CREDIT

AND GUARANTY AGREEMENT

 

SECOND AMENDED AND RESTATED CREDIT AND GUARANTY AGREEMENT (this “Amended and
Restated DIP Credit Agreement”) dated as of May 10, 2004 among UCA LLC, CENTURY
CABLE HOLDINGS, LLC, CENTURY-TCI CALIFORNIA, L.P., OLYMPUS CABLE HOLDINGS, LLC,
PARNASSOS, L.P., FRONTIERVISION OPERATING PARTNERS, L.P., ACC INVESTMENT
HOLDINGS, INC., ARAHOVA COMMUNICATIONS, INC., and ADELPHIA CALIFORNIA
CABLEVISION, LLC, as BORROWERS, the GUARANTORS listed on Annex B to the Existing
DIP Credit Agreement (as defined below), each of which is a debtor and
debtor-in-possession in a case pending under chapter 11 of the Bankruptcy Code,
each of the FINANCIAL INSTITUTIONS from time to time party hereto, JPMORGAN
CHASE BANK, as Administrative Agent, CITIGROUP GLOBAL MARKETS INC., as
Syndication Agent, J.P. MORGAN SECURITIES INC. and CITIGROUP GLOBAL MARKETS
INC., as Joint Bookrunners and Co-Lead Arrangers, CITICORP NORTH AMERICA, INC.,
as Collateral Agent, WACHOVIA BANK, N.A., as Co-Syndication Agent, and THE BANK
OF NOVA SCOTIA, BANK OF AMERICA, N.A. and GENERAL ELECTRIC CAPITAL CORPORATION,
as Co-Documentation Agents.

 

W I T N E S S E T H :

 

WHEREAS, certain of the parties hereto have heretofore entered into an Amended
and Restated Credit and Guaranty Agreement dated as of August 26, 2002 (as
amended and in effect immediately prior to the effectiveness of this Amended and
Restated DIP Credit Agreement, the “Existing DIP Credit Agreement”); and

 

WHEREAS, the parties hereto desire to amend the Existing DIP Credit Agreement
and the Amended and Restated Security and Pledge Agreement (as defined below) as
set forth herein and to restate the Existing DIP Credit Agreement in its
entirety to read as set forth in the Existing DIP Credit Agreement with the
amendments specified below.

 

NOW, THEREFORE, the parties hereto agree as follows:

 

Section 1. Amendment and Restatement of Existing DIP Credit Agreement. The
parties hereto hereby agree that upon their execution and delivery of this
Amended and Restated DIP Credit Agreement and subject to the other terms and
conditions set forth herein, including the terms and conditions set forth in
Section 30 hereof with respect to the effectiveness of this Amended and Restated
DIP Credit Agreement, the Existing DIP Credit Agreement shall be amended and
restated in its entirety and that from and after the Restatement

--------------------------------------------------------------------------------

Effective Date (as defined in Section 30 below), the terms and conditions set
forth in the Existing DIP Credit Agreement, after giving effect to the
amendments to the terms and conditions thereof that are set forth herein, which
terms and conditions are incorporated by reference herein and form a part
hereof, shall be the terms and conditions of this Amended and Restated DIP
Credit Agreement and shall be binding upon all parties hereto, subject to the
terms hereof.

 

Section 2. Defined Terms; References. Unless otherwise specifically defined
herein, each term used herein which is defined in the Existing DIP Credit
Agreement has the meaning assigned to such term in the Existing DIP Credit
Agreement. Each reference to “hereof”, “hereunder”, “herein” and “hereby” and
each other similar reference and each reference to “this Agreement” and each
other similar reference contained in the Existing DIP Credit Agreement shall,
after the Restatement Effective Date, refer to this Amended and Restated DIP
Credit Agreement.

 

Section 3. Extension of Maturity Date. The definition of “Maturity Date” in
Section 1.01 of the Existing DIP Credit Agreement is amended by changing the
date specified therein from “June 25, 2004” to “March 31, 2005.”

 

Section 4. Increase in Amount of Shared Capital Expenditures. The definition of
“Capital Expenditures” in Section 1.01 of the Existing DIP Credit Agreement is
amended by changing the aggregate amount of Shared Capital Expenditures that may
be incurred by any Loan Party in the Seven A Borrower Group for the period
starting on May 1, 2003 and ending on the Maturity Date, which amount is set
forth in clause (ii) of such definition, from “50,000,000” to “150,000,000.”

 

Section 5. Amendment of Commitment Fee Rate. The table set forth in the
definition of “Commitment Fee Rate” in Section 1.01 of the Existing DIP Credit
Agreement is amended to read in its entirety as follows:

 

Utilization

--------------------------------------------------------------------------------

   Rate

--------------------------------------------------------------------------------

 

Utilization < 33.3%

   0.75 %

Utilization ³ 33.3% but £ 66.6%

   0.625 %

Utilization > 66.6%

   0.50 %

 

Section 6. Decrease in Applicable L/C Fee Rate. The definition of “Applicable
L/C Fee Rate” in Section 1.01 of the Existing DIP Credit Agreement is amended to
read in its entirety as follows:

 

““Applicable L/C Fee Rate” shall mean a rate per annum equal to 2.50%.”

 

2

--------------------------------------------------------------------------------

Section 7. Decrease in the Applicable Margin. The definition of “Applicable
Margin” in Section 1.01 of the Existing DIP Credit Agreement is amended to read
in its entirety as follows:

 

““Applicable Margin” shall mean, on any date, (i) with respect to any Eurodollar
Loan, a rate per annum equal to 2.50%, and (ii) with respect to any ABR Loan, a
rate per annum equal to 1.50%.”

 

Section 8. Definition Of Cash Management Separation. The definition of “Cash
Management Separation” in Section 1.01 of the Existing DIP Credit Agreement is
amended by replacing the words “Initial Majority DIP Lenders” contained in the
fourth and fifth lines thereto and in the eighth line thereto with the words
“Required DIP Lenders”.

 

Section 9. Change in Citigroup Entities. (a) Section 1.01 of the Existing DIP
Credit Agreement is amended by the addition of the following definitions:

 

““CGMI” shall mean Citigroup Global Markets Inc. and its successors.”

 

““CNAI” shall mean Citicorp North America, Inc. and its successors.”

 

(b) Each of the definitions of “Co-Lead Arrangers” and “Syndication Agent” in
Section 1.01 of the Existing DIP Credit Agreement is amended to replace the term
“SSB” contained therein with the term “CGMI”.

 

(c) The definition of “Collateral Agent” in Section 1.01 of the Existing DIP
Credit Agreement is amended to replace the term “CUSA” contained therein with
the term “CNAI”.

 

(d) Section 10.01 of the Existing DIP Credit Agreement is amended to (i) replace
the words “Citicorp USA, Inc.” contained in the ninth line thereof with the
words “Citicorp North America, Inc.”, (ii) replace the words “Citicorp USA,
Inc.” contained in the tenth line thereof with the words “Citigroup Global
Markets Inc.” and (iii) replace the words “Salomon Smith Barney Inc.” contained
in the thirteenth line thereof with the words “Citigroup Global Markets Inc.”

 

Section 10. Definition of Co-Documentation Agents. The definition of
“Co-Documentation Agents” in the Existing DIP Credit Agreement is amended by
deleting the words “Fleet National Bank” contained therein.

 

Section 11. Definition Of Extension Order. Section 1.01 of the Existing DIP
Credit Agreement is amended by the addition of the following definition:

 

““Extension Order” shall have the meaning set forth in Section 4.03(d).”

 

3

--------------------------------------------------------------------------------

Section 12. Definition Of Orders. The definition of “Orders” in Section 1.01 of
the Existing DIP Credit Agreement is amended to read in its entirety as follows:

 

““Orders” shall mean the Interim Order, the Final Order and the Extension Order
of the Bankruptcy Court referred to in Sections 4.01(b) and 4.03(d).”

 

Section 13. Definition of Letter of Credit Sublimit. (a) The definition of
“Letter of Credit Sublimit” in Section 1.01 of the Existing DIP Credit Agreement
is amended to read in its entirety as follows:

 

““Letter of Credit Sublimit” shall mean, at any time, with respect to any
Borrower, the lesser of (i) the amount set forth in Annex F attached hereto
under the column “Letter of Credit Sublimit” opposite such Borrower’s name and
(ii) such Borrower’s Borrowing Limit at such time.”

 

(b) An Annex F to the Existing DIP Credit Agreement is added to read in its
entirety as set forth on Annex F attached hereto.

 

Section 14. Definition of Reduction Event. Clause (i) of the definition of
“Reduction Event” in the Existing DIP Credit Agreement is amended to read in its
entirety as follows:

 

“(i) any sale, lease, transfer or other disposition of assets of any Loan Party
(other than (A) any disposition to any other Loan Party that belongs to the same
Borrower Group or (B) the disposition of certain assets related to the WNSA
radio station pursuant to an order of the Bankruptcy Court dated April 29,
2004)”.

 

Section 15. Definition of Tranche B Fixed Return Rate. The definition of
“Tranche B Fixed Return Rate” in Section 2.02(h) of the Existing DIP Credit
Agreement is amended by replacing the parenthetical clause “(the Applicable
Margin with respect to Eurodollar Loans - 0.25%)” contained in the fifth and
sixth lines thereto with the parenthetical clause “(the Applicable Margin with
respect to Eurodollar Loans)”.

 

Section 16. Change in Letters of Credit Provision. Section 2.04(d) of the
Existing DIP Credit Agreement shall be amended by replacing the first sentence
thereof with the following sentences:

 

“No Letter of Credit shall expire later than the later of (x) the Maturity Date
and (y) May 31, 2005; provided that if the Maturity Date

 

4

--------------------------------------------------------------------------------

shall occur earlier than May 31, 2005 and any Letter of Credit shall be
outstanding on the Maturity Date, each applicable Borrower shall, at or prior to
the Maturity Date, (i) cause all Letters of Credit of such Borrower which expire
after the Maturity Date to be returned to the Fronting Bank undrawn and marked
“cancelled” or (ii) if such Borrower is unable or elects not to do so in whole
or in part, either (A) provide a “back-to-back” letter(s) of credit to the
applicable Fronting Bank in form and substance reasonably satisfactory to such
Fronting Bank and the Administrative Agent, issued by a bank reasonably
satisfactory to such Fronting Bank and the Administrative Agent, and in an
amount equal to at least 110% of the then undrawn stated amount of all Letters
of Credit of such Borrower issued by such Fronting Bank that are to remain
outstanding following the Maturity Date in accordance with the terms hereof
and/or (B) deposit cash in an account maintained by or, if necessary opened by,
such Borrower with the applicable Fronting Bank in an amount equal to 110% of
the then undrawn stated amount of all outstanding Letters of Credit of such
Borrower issued by such Fronting Bank that are to remain outstanding following
the Maturity Date in accordance with the terms hereof, in each case, to serve as
collateral security for such Borrower’s Reimbursement Obligations under all such
Letters of Credit, it being understood and agreed that such “back-to-back”
letter(s) of credit shall be returned undrawn and marked “cancelled” and/or such
cash shall be remitted to such Borrower, in each case, upon the expiration,
cancellation or other termination or satisfaction of such Reimbursement
Obligations and the other Obligations of such Borrower with respect to such
Letters of Credit (other than contingent indemnification obligations in respect
of which no claims giving rise thereto have been asserted). With respect to each
Letter of Credit that remains outstanding after the Maturity Date, (1) and
notwithstanding any terms of this Agreement and the other Loan Documents to the
contrary, including, without limitation, Sections 2.04(g), 2.04(h) and 2.04(i),
so long as the applicable Borrower is in compliance with the requirement set
forth in the proviso to the preceding sentence regarding such Letter of Credit,
no DIP Lender other than the applicable Fronting Bank shall have any rights or
obligations (including without limitation, any participation right or
obligation) with respect to draws made under such Letter of Credit after the
Maturity Date and (2) and subject to clause (1) above, the other terms and
conditions set forth in this Agreement which are applicable to such Letter of
Credit shall remain in full force and effect until the expiration, cancellation
or other termination or satisfaction of the Reimbursement Obligations and other
Obligations of the applicable Borrower with respect to such Letter of Credit
(other than contingent indemnification obligations in respect of which no claims
giving rise thereto have been asserted).”

 

5

--------------------------------------------------------------------------------

Section 17. Amendments to Certain Reduction Event Provisions. (a) Section
2.14(a)(i)(y) of the Existing DIP Credit Agreement is amended by replacing the
words “Initial Majority DIP Lenders” contained in the third and fourth lines
thereto with the words “Co-Lead Arrangers”.

 

(b) Section 2.14(a)(ii)(x) of the Existing DIP Credit Agreement is amended by
deleting the words “to which such Joint and Several Loan Party belongs”
contained in the second and third lines thereto.

 

(c) Section 2.14(a)(ii)(y) of the Existing DIP Credit Agreement is amended by
replacing the words “Initial Majority DIP Lenders” contained in the second line
thereto with the words “Co-Lead Arrangers”.

 

Section 18. Amendments to Certain Representations and Warranties of the Loan
Parties. (a) Section 3.01 of the Existing DIP Credit Agreement is amended by
adding the phrase “and the Extension Order” immediately following the
parenthetical phrase “(or the Final Order, when applicable)” set forth in
clauses (iii) and (iv) thereof.

 

(b) Section 3.02 of the Existing DIP Credit Agreement is amended by adding the
phrase “and the Extension Order” immediately following the parenthetical phrase
“(or the Final Order, when applicable)” set forth in the (i) second line thereof
and (ii) two final sentences thereof.

 

(c) The second sentence of Section 3.09 of the Existing DIP Credit Agreement is
amended to read in its entirety as follows:

 

“On or prior to any Credit Event, the Interim Order or the Final Order, as the
case may be, and the Extension Order will have been entered and as of the date
of such Credit Event, the Interim Order or the Final Order, as the case may be,
and the Extension Order will not have been amended, stayed, vacated or
rescinded.”

 

Section 19. Change in Conditions Precedent to Each Credit Event. (a) Section
4.03(d) of the Existing DIP Credit Agreement is amended to add the following
sentence at the end thereof:

 

“An order of the Bankruptcy Court approving the Second Amended and Restated
Credit and Guaranty Agreement, dated as of May 10, 2004, among the Loan Parties
and the lenders and agents party thereto, in substantially the form of Exhibit H
(the “Extension Order”) and reasonably acceptable to the Co-Lead Arrangers,
shall be in full force and effect, and shall not have been stayed, reversed,
modified or amended in any respect without the prior written consent of the
Co-Lead Arrangers; and if the Extension Order is the subject of a pending appeal
in any respect, neither the occurrence of any Credit Event nor the performance
by

 

6

--------------------------------------------------------------------------------

any Loan Party of any of their respective obligations under any of the Loan
Documents shall be the subject of a presently effective stay pending appeal.”

 

(b) An Exhibit H to the Existing DIP Credit Agreement is added to read in its
entirety as set forth on Exhibit H attached hereto.

 

Section 20. Change in Financial Statements Covenants. The first sentence of
Section 5.01(a) of the Existing DIP Credit Agreement is amended by replacing the
reference therein to “June 15, 2004” with a reference to “September 30, 2004”.

 

Section 21. Amendments to Certain Events Of Default. (a) Section 7.01(i) of the
Existing DIP Credit Agreement is amended to read in its entirety as follows:

 

“(i) an order of the Bankruptcy Court shall be entered reversing, amending,
supplementing, staying for a period in excess of ten (10) days, vacating or
otherwise modifying any of the Orders or terminating the use of cash collateral
by the Loan Parties pursuant to the Orders; or”.

 

(b) Section 7.01(l) of the Existing DIP Credit is amended by (i) deleting the
word “and” at the end of clause (vii) thereof and replacing it with a comma, and
(ii) adding the word “and” and the following new clause (ix) at the end of
clause (viii) thereof:

 

“(ix) cure payments made to one or more vendors in an aggregate amount with
respect to all such cure payments not in excess of $43,000,000.”

 

Section 22. Appointment of Successor Collateral Agent. Pursuant to Section 8.10
of the Existing DIP Credit Agreement, (i) Citicorp USA, Inc. hereby resigns as
the collateral agent under the Loan Documents, (ii) each DIP Lender hereby
appoints Citicorp North America, Inc. as the successor collateral agent under
the Loan Documents, (iii) the Borrowers hereby acknowledge that such appointment
is reasonably satisfactory to them, and (iv) Citicorp North America, Inc. hereby
accepts such appointment as the collateral agent under the Loan Documents, in
each case, effective as of the Restatement Effective Date.

 

Section 23. Change in Borrowing Limits. Part I of Annex E to the Existing DIP
Credit Agreement is replaced in its entirety by Part I of Annex E attached
hereto.

 

Section 24. Change in Financial Covenant Levels. Part II of Annex E to the
Existing DIP Credit Agreement is replaced in its entirety by Part II of Annex E
attached hereto.

 

7

--------------------------------------------------------------------------------

Section 25. Acknowledgement of Existing Waivers. Each DIP Lender hereby
acknowledges and agrees that any and all Existing Waivers shall continue to
remain in full force and effect on and after the Restatement Effective Date and
shall be binding upon and be enforceable against all of the DIP Lenders
hereunder. “Existing Waivers” means all written waivers (whether in respect of
compliance with the terms of, Defaults or Events of Defaults under, or other
matters pertaining to, the Existing DIP Credit Agreement) granted by the DIP
Lenders under the terms of the Existing DIP Credit Agreement prior to the
Restatement Effective Date.

 

Section 26. New DIP Lenders, Extending DIP Lenders and Exiting DIP Lenders. (a)
With effect from and including the Restatement Effective Date, (i) each Person
listed on the signature pages hereof that is not a party to the Existing DIP
Credit Agreement (each, a “New DIP Lender”) shall become a DIP Lender on the
terms and subject to the conditions set forth in this Amended and Restated DIP
Credit Agreement, (ii) each Person who, immediately prior to the Restatement
Effective Date, was a DIP Lender under the terms of the Existing DIP Credit
Agreement, and whose name is set forth on the signatures pages hereof (each, an
“Extending DIP Lender”) shall continue to be a DIP Lender on the terms and
subject to the conditions set forth in this Amended and Restated DIP Credit
Agreement and (iii) each Person who, immediately prior to the Restatement
Effective Date, was a DIP Lender under the terms of the Existing DIP Credit
Agreement, but whose name is not set forth on the signatures pages hereof (each,
an “Exiting DIP Lender”; the Exiting DIP Lenders and the Extending DIP Lenders
are collectively referred to as the “Old DIP Lenders”) shall, subject to the
terms hereof, cease to be a DIP Lender and shall not be a party to, or otherwise
have any rights or be subject to any obligations under, this Amended and
Restated DIP Credit Agreement.

 

(b) On the Restatement Effective Date, (i) Annex A to the Existing DIP Credit
Agreement shall be replaced in its entirety by Annex A attached hereto, with the
Tranche A Commitment of each Extending DIP Lender and each New DIP Lender whose
name is set forth on said Annex A attached hereto being the amount set forth
opposite the name of such Tranche A DIP Lender thereon, (ii) Annex D to the
Existing DIP Credit Agreement shall be replaced in its entirety by Annex D
attached hereto, with the Tranche B Credit-Linked Deposit Amount of each
Extending DIP Lender and each New DIP Lender whose name is set forth on said
Annex D attached hereto being the amount set forth opposite the name of such
Tranche B DIP Lender thereon, subject in the case of clauses (i) and (ii)
immediately above, to the reduction of the Tranche A Commitments of the Tranche
A DIP Lenders and/or the reduction of the Tranche B Credit-Linked Deposit Amount
of the Tranche B DIP Lenders in accordance with and subject to the terms of this
Amended and Restated DIP Credit Agreement and (iii) the Tranche A Commitment and
the Tranche B Credit-Linked Deposit Amount of each Exiting DIP Lender shall be
$0. From and after the Restatement Effective

 

8

--------------------------------------------------------------------------------

Date, each Extending DIP Lender and each New DIP Lender that has a Tranche A
Commitment or a Tranche B Credit-Linked Deposit Amount in excess of $0, in each
case as set forth on Annex A or Annex D attached hereto, shall from time to time
fund Loans and participate in Letters of Credit (including the funding of Loans
and the participations in Letters of Credit contemplated by Sections 26(c) and
(d) below) on the terms and subject to the conditions set forth in this Amended
and Restated DIP Credit Agreement, including that the conditions to borrowing
under this Amended and Restated DIP Credit Agreement are met on the date of such
Borrowing.

 

(c) On the Restatement Effective Date, each Borrower shall repay the entire
principal amount of, and all accrued and unpaid interest on, the Loans of the
Old DIP Lenders made to such Borrower which are outstanding under the Existing
DIP Credit Agreement immediately prior to the Restatement Effective Date (the
“Outstanding Loans”), which amounts are set forth on Schedule 26 attached
hereto. On the Restatement Effective Date, the Borrowers repaying Outstanding
Loans as contemplated by the immediately preceding sentence hereof shall deliver
a notice or notices pursuant to Section 2.07(b) of the Existing DIP Credit
Agreement requesting a Borrowing or Borrowings of ABR Loans in an aggregate
principal amount equal to the aggregate principal amount of the Outstanding
Loans of such Borrower being repaid as contemplated hereby, and each such
Borrower shall (i) direct that the proceeds from all such Borrowings be used to
repay the entire principal amount of such Outstanding Loans and (ii) use its
available cash to pay to the Old DIP Lenders all accrued and unpaid interest on,
and the other amounts payable under Section 26(e) below in respect of, such
Outstanding Loans. All Tranche A Loans made to the Borrowers on the Restatement
Effective Date as contemplated by the immediately preceding sentence hereof
(and, subject to the terms of this Amended and Restated DIP Credit Agreement,
all Tranche A Loans made after the Restatement Effective Date) shall, in
accordance with Section 2.01(a) of the Existing DIP Credit Agreement, be funded
by each Extending DIP Lender and New DIP Lender that is a Tranche A DIP Lender
pro rata in accordance with such Tranche A DIP Lender’s Class Percentage. On the
Restatement Effective Date, each Extending DIP Lender and New DIP Lender that is
a Tranche B DIP Lender shall deposit into such Tranche B DIP Lender’s Tranche B
Credit-Linked Account, the amount set forth opposite its name on Annex D
attached hereto and, on the Restatement Effective Date, each such Tranche B DIP
Lender shall, in accordance with the terms of Section 2.03(b) of the Existing
DIP Credit Agreement, make Tranche B Loans to the Borrowers as contemplated by
the second immediately preceding sentence hereof, with such Tranche B Loans to
be made (x) solely out of such Tranche B DIP Lender’s Tranche B Credit-Linked
Account and (y) pro rata in accordance with such Tranche B DIP Lender’s Class
Percentage.

 

(d) On the Restatement Effective Date, all participations by each Old DIP Lender
in Letters of Credit outstanding under

 

9

--------------------------------------------------------------------------------

the Existing DIP Credit Agreement immediately prior to the Restatement Effective
Date (the “Outstanding Letters of Credit”) shall be deemed to be cancelled, it
being understood and agreed that the deemed cancellation of the participations
of the Old DIP Lenders and the Exiting DIP Lenders in such Outstanding Letters
of Credit shall not in any way affect the Outstanding Letters of Credit which
shall remain unaltered and in full force and effect from, after and including
the Restatement Effective Date on the terms set forth herein; the aggregate face
amount of the Outstanding Letters of Credit is set forth on Schedule 26. All
Outstanding Letters of Credit shall, on the Restatement Effective Date, be
deemed to be Tranche A Letters of Credit and all participations in such
Outstanding Letters of Credit shall, in accordance with the terms of Section
2.04(g) of the Existing DIP Credit Agreement, be allocated to and assumed by
each Extending DIP Lender and each New DIP Lender that is a Tranche A DIP Lender
in accordance with their Class Percentages.

 

(e) With respect to the prepayment of Outstanding Loans made pursuant to Section
26(c), the Borrowers agree to reimburse each applicable Old DIP Lender,
including each Exiting DIP Lender, for any funding losses incurred in connection
therewith that are required to be paid by the Loan Parties pursuant to the terms
of the Existing DIP Credit Agreement.

 

(e) Subject to the terms and conditions hereof, the transactions contemplated by
this Section 26 shall be consummated on the Restatement Effective Date on the
terms set forth herein, notwithstanding any term in the Existing DIP Credit
Agreement, including without limitation, any term set forth in Article 2
thereof, that would otherwise prohibit or restrict the consummation of such
transactions on the terms set forth herein, with all such terms and conditions
that would otherwise prohibit or restrict the consummation of the transactions
contemplated hereby being waived solely for the purpose of such consummation.

 

10

--------------------------------------------------------------------------------

Section 27. Amendment of the Amended and Restated Security and Pledge Agreement.
Section 15(a) of the Amended and Restated Security and Pledge Agreement shall be
amended by adding the following proviso immediately after the “finally” clause
contained therein:

 

“provided that any cash held as collateral security for a Loan Party’s
Reimbursement Obligations and other Obligations to the Fronting Lender with
respect to any Letter of Credit outstanding after the Maturity Date in
accordance with the first sentence of Section 2.04(d) of the Amended and
Restated DIP Credit Agreement (“Extended L/C Obligations”) shall be applied
first to pay fees and expenses constituting Extended L/C Obligations, until
payment in full of all such amounts, second to pay the unpaid interest accrued
on the Secured Obligations of such Loan Party constituting Extended L/C
Obligations, until payment in full of all such interest shall have been made,
and third to pay any remaining unpaid Extended L/C Obligations (or provide for
the payment thereof pursuant to Section 15(b)), until payment in full of all
such Extended L/C Obligations of such Loan Party shall have been made (or so
provided for), and thereafter shall be applied in accordance with the provisions
set forth above.”

 

Section 28. Representations of Loan Parties. Subject to the terms of Section
3.15 of the Existing DIP Credit Agreement, each Loan Party represents and
warrants that (i) the representations and warranties of the Loan Parties set
forth in the Loan Documents will be true and correct in all material respects on
and as of the Restatement Effective Date with the same effect as if made on and
as of such date, except to the extent such representations and warranties
expressly relate to an earlier date (which shall be true and correct in all
material respects on and as of such earlier date) and (ii) no Default will have
occurred and be continuing on such date.

 

Section 29. Governing Law. THIS AMENDED AND RESTATED DIP CREDIT AGREEMENT SHALL
IN ALL RESPECTS BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE
STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED WHOLLY WITHIN
SUCH STATE AND THE BANKRUPTCY CODE.

 

Section 30. Counterparts; Effectiveness. This Amended and Restated DIP Credit
Agreement may be signed in any number of counterparts, each of which shall be an
original, with the same effect as if the signatures thereto and hereto were upon
the same instrument. This Amended and Restated DIP Credit Agreement shall become
effective on the date (the “Restatement Effective Date”) when:

 

(a) the Administrative Agent shall have received from each of the Loan Parties
and the DIP Lenders (other than any Exiting DIP Lender) a counterpart hereof
signed by such party or facsimile or other written confirmation (in form
satisfactory to the Administrative Agent) that such party has signed a
counterpart hereof (and the DIP Lenders as to which the Administrative Agent
shall have

 

11

--------------------------------------------------------------------------------

received such counterparts or such confirmation shall constitute the
Super-Majority DIP Lenders under the Existing DIP Credit Agreement as in effect
immediately prior to the effectiveness of this Amended and Restated DIP Credit
Agreement);

 

(b) the Administrative Agent shall have received (i) an opinion of Willkie Farr
& Gallagher LLP, counsel for the Loan Parties and (ii) an opinion of in-house
counsel to the Parent, in each case dated the Restatement Effective Date in form
and substance reasonably satisfactory to the Co-Lead Arrangers;

 

(c) all fees payable pursuant to the terms of that certain fee letter, dated
April 16, 2004, among certain of the Loan Parties and certain of the financial
institutions party hereto shall have been paid in full;

 

(d) any Commitment Fee which is accrued and unpaid (whether due to an Exiting
DIP Lender or an Extending DIP Lender) as of the Restatement Effective Date
under the terms of the Existing DIP Credit Agreement shall have been paid in
accordance with Section 2.21 thereof;

 

(e) any fee payable in respect of any issued and outstanding Letter of Credit
(whether due to an Exiting DIP Lender or an Extending DIP Lender) that is
accrued and unpaid as of the Restatement Effective Date under the terms of the
Existing DIP Credit Agreement shall have been paid in accordance with Section
2.22 thereof;

 

(f) the Administrative Agent shall have received from each of the Loan Parties
and the Collateral Agent a counterpart of Amendment No. 1 to the Amended and
Restated Security and Pledge Agreement, dated the Restatement Effective Date,
which sets forth the provisions set forth in Section 27 hereof; and

 

(g) the DIP Lenders shall have received a certified copy of the Extension Order,
reasonably acceptable to the Co-Lead Arrangers, which (i) shall have been
entered with the consent or non-objection of a preponderance of the Pre-Petition
Lenders (as determined in the reasonable discretion of the Co-Lead Arrangers
after consultation with the Parent) upon an application or motion of the Loan
Parties reasonably satisfactory in form and substance to the Co-Lead Arrangers,
on such prior notice to such parties (including the Pre-Petition Lenders) as may
in each case be reasonably satisfactory to the Co-Lead Arrangers, (ii) shall be
in full force and effect and (iii) shall not have been stayed, reversed,
modified or amended in any respect;

 

provided that the amendments set forth in Sections 8, 17(a) and 17(c) shall not
become effective until the Administrative Agent shall have received executed
counterparts hereof (or written confirmations thereto) from Initial DIP Lenders
having Tranche A Commitments in excess of 66 2/3% of the Tranche A Commitments
held by the Initial DIP Lenders that are Extending DIP Lenders.

 

12

--------------------------------------------------------------------------------

The Administrative Agent shall promptly notify the Loan Parties, the DIP
Lenders, including any Exiting DIP Lender, of the effectiveness of this Amended
and Restated DIP Credit Agreement, and such notice shall be conclusive and
binding on all parties hereto.

 

13

--------------------------------------------------------------------------------

IN WITNESS WHEREOF, the parties hereto have caused this Amended and Restated DIP
Credit Agreement to be duly executed as of the date first above written.

 

JPMORGAN CHASE BANK, as

    Administrative Agent and Lender

By:

 

/s/ WILLIAM A. AUSTIN

--------------------------------------------------------------------------------

   

Name: William A. Austin

   

Title: Vice President

JPMORGAN SECURITIES INC., as Joint

    Bookrunner and Co-Lead Arranger

By:

 

/s/ BRUCE BORDEN

--------------------------------------------------------------------------------

   

Name: Bruce Borden

   

Title: Vice President

--------------------------------------------------------------------------------

CITICORP NORTH AMERICA, INC., as

    Collateral Agent and Lender

By:

 

/s/ MICHAEL M. SCHADT

--------------------------------------------------------------------------------

   

Name: Michael M. Schadt

   

Title: Vice President-Asset Based Finance

CITIGROUP GLOBAL MARKETS

    INC., as Joint Bookrunner and Co-

    Lead Arranger and Syndication Agent

By:

 

/s/ MICHAEL M. SCHADT

--------------------------------------------------------------------------------

   

Name: Michael M. Schadt

   

Title: Authorized Signer

CITICORP USA, INC., as Resigning

    Collateral Agent

By:

 

/s/ MICHAEL M. SCHADT

--------------------------------------------------------------------------------

   

Name: Michael M. Schadt

   

Title: Vice President-Asset Based Finance

--------------------------------------------------------------------------------

WACHOVIA BANK, N.A., as Co-

    Syndication Agent and Lender

By:

 

/s/ HELEN WESSLING

--------------------------------------------------------------------------------

   

Name: Helen Wessling

   

Title: Managing Director

--------------------------------------------------------------------------------

THE BANK OF NOVA SCOTIA, as Co-

    Documentation Agent and Lender

By:

 

/s/ CHRISTOPHER USAS

--------------------------------------------------------------------------------

   

Name: Christopher Usas

   

Title: Director

--------------------------------------------------------------------------------

BANK OF AMERICA, N.A., as Co-

    Documentation Agent and Lender

By:

 

/s/ William E. Livingstone, IV

--------------------------------------------------------------------------------

   

Name: William E. Livingstone, IV

   

Title: Managing Director

--------------------------------------------------------------------------------

GENERAL ELECTRIC CAPITAL

    CORPORATION, as Co-

    Documentation Agent and Lender

By:

 

/s/ CHRISTOPHER COX

--------------------------------------------------------------------------------

   

Name: Christopher Cox

   

Title: Duly Authorized Signatory

--------------------------------------------------------------------------------

CREDIT SUISSE FIRST BOSTON,

    ACTING THROUGH ITS CAYMAN

    ISLANDS BRANCH

By:

 

/s/ Paul L. Colon

   

Name:

 

Paul L. Colon

   

Title:

 

Director

By:

 

/s/ Doreen B. Welch

   

Name:

 

Doreen B. Welch

   

Title:

 

Associate

DEUTSCHE BANK AG NEW YORK BRANCH

By:

 

/s/ Mark E. Funk

   

Name:

 

Mark E. Funk

   

Title:

 

Managing Director

THE FOOTHILL GROUP, INC.

By:

 

/s/ Sean Dixon

   

Name:

 

Sean Dixon

   

Title:

 

Vice President

CALYON

By:

 

/s/ Douglas E. Roper

   

Name:

 

Douglas E. Roper

   

Title:

 

Managing Director

BANK OF MONTREAL

By:

 

/s/ Geoffrey McConnel

   

Name:

 

Geoffrey McConnel

   

Title:

 

Authorized Signatory

BAYERISCHE HYPO-und

    VEREINSBANK AG, NEW YORK

    BRANCH

By:

 

/s/ Miriam Trautmann

   

Name:

 

Miriam Trautmann

   

Title:

 

Associate Director

By:

 

/s/ Sal Esposito

   

Name:

 

Sal Esposito

   

Title:

 

Managing Director

THE TRAVELERS INSURANCE COMPANY

By:

 

/s/ William M. Gardner

   

Name:

 

William M. Gardner

   

Title:

 

Investment Officer

SATELLITE SENIOR INCOME FUND, LLC

   

By: Satellite Asset Management, L.P.

Its Investment Manager

By:

 

/s/ Stephen T. Shapiro

   

Name:

 

Stephen T. Shapiro

   

Title:

 

Principal, Satellite Asset Management

SUMITOMO MITSUI BANKING CORPORATION

By:

 

/s/ Susumu Ogawa

   

Name:

 

Susumu Ogawa

   

Title:

 

General Manager

--------------------------------------------------------------------------------

LOAN PARTIES:

ACC CABLE COMMUNICATIONS FL-VA, LLC

By:

 

ACC Cable Holdings VA, Inc., its sole

member

ACC CABLE HOLDINGS VA, INC.

ACC HOLDINGS II, LLC

By:

 

ACC Operations, Inc., its sole member

ACC INVESTMENT HOLDINGS, INC.

ACC OPERATIONS, INC.

ACC TELECOMMUNICATIONS

      HOLDINGS LLC

By:

 

ACC Operations, Inc., its sole member

ACC TELECOMMUNICATIONS LLC

By:

  ACC Telecommunications Holdings LLC, its sole member

By:

 

ACC Operations, Inc., its sole member

ACC TELECOMMUNICATIONS OF

      VIRGINIA LLC

By:

 

ACC Telecommunications Holdings LLC, its

sole member

By:

 

ACC Operations, Inc., its sole member

ACC-AMN HOLDINGS LLC

By:

 

ACC Operations, Inc., its sole member

ADELPHIA ACQUISITION

        SUBSIDIARY, INC.

--------------------------------------------------------------------------------

ADELPHIA ARIZONA, INC.

ADELPHIA BLAIRSVILLE, LLC

By:

 

Century Communications Corp., its sole

member

ADELPHIA CABLE PARTNERS, L.P.

By:

 

Olympus Cable Holdings, LLC, its Managing

General Partner

By:

 

Olympus Subsidiary, LLC, its sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

  ACC Operations, Inc., its managing general partner

ADELPHIA CABLEVISION

      ASSOCIATES, L.P.

By:

 

Chelsea Communications, Inc., its general

partner

ADELPHIA CABLEVISION CORP.

ADELPHIA CABLEVISION OF BOCA

      RATON, LLC

By:

 

Adelphia Cablevision Corp., its sole member

ADELPHIA CABLEVISION OF

      FONTANA LLC

By:

 

Clear Cablevision, Inc., its sole member

ADELPHIA CABLEVISION OF INLAND

      EMPIRE, LLC

By:

 

Clear Cablevision, Inc., its sole member

--------------------------------------------------------------------------------

ADELPHIA CABLEVISION OF THE

      KENNEBUNKS, LLC

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

ADELPHIA CABLEVISION, LLC

By:

 

ACC Operations, Inc., its sole member

ADELPHIA CABLEVISION OF NEW

      YORK, INC.

ADELPHIA CABLEVISION OF

      NEWPORT BEACH, LLC

By:

 

Ft. Myers Cablevision, LLC, its sole member

By:

 

Ft. Myers Acquisition Limited Partnership, its

sole member

By:

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

partner

ADELPHIA CABLEVISION OF

      ORANGE COUNTY, LLC

By:

 

Ft. Myers Cablevision, LLC, its sole member

By:

 

Ft. Myers Acquisition Limited Partnership, its

sole member

By:

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

partner

ADELPHIA CABLEVISION OF

      ORANGE COUNTY II, LLC

By:

 

Mickelson Media, Inc., its sole member

ADELPHIA CABLEVISION OF SAN

      BERNADINO, LLC

By:

 

Clear Cablevision, Inc., its sole member

--------------------------------------------------------------------------------

ADELPHIA CABLEVISION OF SANTA

      ANA, LLC

By:

 

UCA, LLC, its sole member

By:

 

ACC Operations, Inc., its sole member

ADELPHIA CABLEVISION OF SEAL

      BEACH, LLC

By:

 

Manchester Cablevision, Inc., its sole member

ADELPHIA CABLEVISION OF SIMI

      VALLEY, LLC

By:

 

UCA, LLC, its sole member

By:

 

ACC Operations, Inc., its sole member

ADELPHIA CABLEVISION OF WEST

      PALM BEACH III, LLC

By:

 

Century New Mexico Cable Television Corp.,

its sole member

ADELPHIA CABLEVISION OF WEST

      PALM BEACH IV, LLC

By:

 

Sentinel Communications of Muncie, Indiana,

Inc., its sole member

ADELPHIA CABLEVISION OF WEST

      PALM BEACH V, LLC

By:

 

Huntington CATV, Inc., its sole member

ADELPHIA CALIFORNIA

      CABLEVISION, LLC

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

--------------------------------------------------------------------------------

ADELPHIA CENTRAL

      PENNSYLVANIA, LLC

By:

 

National Cable Acquisition Associates, L.P.,

its sole member

By:

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

Partner

ADELPHIA CLEVELAND, LLC

By:

 

Adelphia of the Midwest, Inc., its sole member

ADELPHIA COMMUNICATIONS

      CORPORATION

ADELPHIA COMMUNICATIONS OF

      CALIFORNIA, LLC

By:

 

Adelphia Cablevision Corp., its sole member

ADELPHIA COMMUNICATIONS OF

      CALIFORNIA II, LLC

By:

 

Adelphia Cablevision Corp., its sole member

ADELPHIA COMMUNICATIONS OF

      CALIFORNIA III, LLC

By:

 

FrontierVision, its sole member

By:

 

FrontierVision Holdings, L.P., its general

partner

By:

 

FrontierVision Partners, L.P., its general

partner

By:

 

Adelphia GP Holdings, L.L.C., its general

partner

By:

 

ACC Operations, Inc., its sole member

ADELPHIA COMMUNICATIONS

      INTERNATIONAL, INC.

ADELPHIA COMPANY OF WESTERN

      CONNECTICUT

--------------------------------------------------------------------------------

ADELPHIA GENERAL HOLDINGS III,

      INC.

ADELPHIA GS CABLE, LLC

By:

 

Olympus Cable Holdings, LLC, its sole

member

By:

 

Olympus Subsidiary, LLC, its sole

member

By:

 

Olympus Communications, L.P., it sole

member

By:

 

ACC Operations, Inc., its sole member

ADELPHIA GP HOLDINGS, LLC

By:

 

ACC Operations, Inc., its sole member

ADELPHIA HARBOR CENTER

      HOLDINGS, LLC

By:

 

ACC Operations, Inc., its sole member

ADELPHIA HOLDINGS 2001, LLC

By:

 

Olympus Subsidiary, LLC, its sole member

By:

 

Olympus Communications, L.P., it sole

member

By:

 

ACC Operations, Inc., its managing partner

ADELPHIA INTERNATIONAL II, LLC

By:

 

ACC Operations, Inc., its member

By:

 

Adelphia Communications International, Inc.,

its member

ADELPHIA INTERNATIONAL III LLC

By:

 

ACC Operations, Inc., its member

By:

 

Adelphia Communications International, Inc.,

its member

ADELPHIA OF THE MIDWEST, INC.

ADELPHIA MOBILE PHONES

--------------------------------------------------------------------------------

ADELPHIA PINELLAS COUNTY, LLC

By:

 

Ft. Myers Cablevision, L.L.C., its sole

member

By:

 

Ft. Myers Acquisition Limited Partnership, its

sole member

By:

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

partner

ADELPHIA PRESTIGE CABLEVISION,

      LLC

By:

 

Century Cable Holdings, LLC, its sole

member

By:

 

Century Cable Holding Corp., its sole

member

ADELPHIA TELECOMMUNICATIONS,

      INC.

ADELPHIA TELECOMMUNICATIONS

      OF FLORIDA, INC.

ADELPHIA WELLSVILLE, LLC

By:

 

ACC Operations, Inc., its sole member

ADELPHIA WESTERN NEW YORK

      HOLDINGS, LLC

By:

 

ACC Operations, Inc., its sole member

ARAHOVA COMMUNICATIONS, INC.

ARAHOVA HOLDINGS, LLC

By:

 

Olympus Cable Holdings, LLC, its sole member

By:

 

Olympus Subsidiary, LLC, its sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

BADGER HOLDING CORPORATION

BETTER TV, INC. OF BENNINGTON

--------------------------------------------------------------------------------

BLACKSBURG/SALEM

      CABLEVISION, INC.

BRAZAS COMMUNICATIONS, INC.

BUENAVISION

      TELECOMMUNICATIONS, INC.

CABLE SENRY CORPORATION

CALIFORNIA AD SALES, LLC

By:

 

Ft. Myers Cablevision, L.L.C., its sole

member

By:

 

Ft. Myers Acquisition Limited Partnership, its

sole member

By

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

partner

CCC-III, INC.

CCC-INDIANA, INC.

CCH INDIANA, L.P.

By:

 

CCC-Indiana, its general partner

CDA CABLE, INC.

CENTURY ADVERTISING, INC.

CENTURY ALABAMA CORP

CENTURY ALABAMA HOLDING

      CORP.

CENTURY AUSTRALIA

      COMMUNICATIONS CORP.

CENTURY BERKSHIRE CABLE CORP.

--------------------------------------------------------------------------------

CENTURY CABLE HOLDINGS, LLC

By:

 

Century Cable Holding Corp., its sole member

CENTURY CABLE HOLDING CORP.

CENTURY CABLE MANAGEMENT

      CORPORATION

CENTURY CABLE OF SOUTHERN

      CALIFORNIA

CENTURY CABLEVISION HOLDINGS,

      LLC

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

CENTURY CAROLINA CORP.

CENTURY COLORADO SPRINGS

      CORP.

CENTURY COLORADO SPRINGS

      PARTNERSHIP

By:

 

Paragon Cable Television Inc., a general

partner

CENTURY COMMUNICATIONS CORP.

CENTURY CULLMAN CORP.

CENTURY ENTERPRISE CABLE

      CORP.

CENTURY EXCHANGE, LLC

By:

 

Century Cable Holding Corp., its sole member

CENTURY FEDERAL, INC.

CENTURY GRANITE CABLE

      TELEVISION CORP.

--------------------------------------------------------------------------------

   

CENTURY HUNTINGTON COMPANY

   

CENTURY INDIANA CORP.

   

CENTURY ISLAND ASSOCIATES, INC.

   

CENTURY ISLAND CABLE

      TELEVISION CORP.

   

CENTURY INVESTMENT HOLDING

      CORP.

   

CENTURY INVESTORS, INC.

   

CENTURY KANSAS CABLE

      TELEVISION CORP.

   

CENTURY LYKENS CABLE CORP.

   

CENTURY MENDOCINO CABLE

      TELEVISION, INC.

   

CENTURY MISSISSIPPI CORP.

   

CENTURY MOUNTAIN CORP.

   

CENTURY NEW MEXICO CABLE

      TELEVISION CORP.

   

CENTURY NORWICH CORP.

   

CENTURY OHIO CABLE TELEVISION

      CORP.

   

CENTURY OREGON CABLE CORP.

   

CENTURY PACIFIC CABLE TV, INC.

   

CENTURY PROGRAMMING, INC.

   

CENTURY REALTY CORP.

--------------------------------------------------------------------------------

CENTURY SHASTA CABLE

      TELEVISION CORP.

CENTURY SOUTHWEST COLORADO

      CABLE TELEVISION CORP.

CENTURY-TCI CALIFORNIA

      COMMUNICATIONS, L.P.

By:

 

Century Exchange LLC, its general partner

By:

 

Century Cable Holding Corp., its sole member

CENTURY-TCI CALIFORNIA, L.P.

By:

 

Century-TCI California Communications,

L.P., its general partner

By

 

Century Exchange LLC, its general partner

By:

 

Century Cable Holding Corp., its sole member

CENTURY-TCI HOLDINGS, LLC

By:

 

Century-TCI California Communications,

L.P., its general partner

By

 

Century Exchange LLC, its general partner

By:

 

Century Cable Holding Corp., its sole member

CENTURY TRINIDAD CABLE

      TELEVISION CORP.

CENTURY VIRGINIA CORP.

CENTURY VOICE AND DATA

      COMMUNICATIONS, INC.

CENTURY WARRICK CABLE CORP.

CENTURY WASHINGTON CABLE

      TELEVISION, INC.

CENTURY WYOMING CABLE

      TELEVISION CORP.

CHELSEA COMMUNICATIONS, INC.

--------------------------------------------------------------------------------

CHELSEA COMMUNICATIONS, LLC

By:

 

Olympus Cable Holdings, LLC, its sole

member

By:

 

Olympus Subsidiary, LLC, its sole

member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

CHESTNUT STREET SERVICES, LLC

By:

 

ACC Operations, Inc., its sole member

CLEAR CABLEVISION, INC.

CMA CABLEVISION ASSOCIATES VII,

      L.P.

By:

 

Tele-Media Company of Tri-States, L.P., its

general partner

By:

 

Tri-States, L.L.C., its general partner

By:

 

Century Cable Holdings, LLC, its sole

member

By:

 

Century Cable Holding Corp., its managing

general partner

CMA CABLEVISION ASSOCIATES XI,

      LIMITED PARTNERSHIP

By:

 

Tele-Media Company of Tri-States, L.P., its

general partner

By:

 

Tri-States, L.L.C., its general partner

By:

 

Century Cable Holdings, LLC, its sole

member

By:

 

Century Cable Holding Corp., its managing

general partner

CORAL SECURITY, INC.

COWLITZ CABLEVISION, INC.

--------------------------------------------------------------------------------

CP-MDU I LLC

By:

 

Adelphia California Cablevision, L.L.C., its

sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

CP-MDU II LLC

By:

 

Adelphia California Cablevision, L.L.C., its

sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

E.& E. CABLE SERVICE, INC.

EASTERN VIRGINIA CABLEVISION

      HOLDINGS, LLC

By:

 

Eastern Virginia Cablevision, L.P., its sole

member

By:

 

TMC Holdings Corporation, its general

partner

EASTERN VIRGINIA CABLEVISION,

      L.P.

By:

 

TMC Holdings Corporation, its general

partner

EMPIRE SPORTS NETWORK, L.P.

By:

 

Parnassos Communications, L.P., its general

partner

By:

 

Adelphia Western New York Holdings, LLC,

its general partner

By:

 

ACC Operations, Inc., its sole member

FAE CABLE MANAGEMENT CORP.

FOP INDIANA, L.P.

By:

 

FrontierVision Cable New England, Inc., its

general partner

--------------------------------------------------------------------------------

FRONTIERVISION ACCESS PARTNERS, LLC

By:

 

FrontierVision Operating Partners, L.P., its

sole member

By:

 

FrontierVision Holdings, L.P., its general

partner

By:

 

FrontierVision Partners, L.P., its general

partner

By:

 

Adelphia GP Holdings, LLC, its general

partner

By:

 

ACC Operations, Inc., its sole member

FRONTIERVISION CABLE NEW

      ENGLAND, INC.

FRONTIERVISION CAPITAL

      CORPORATION

FRONTIERVISION HOLDINGS

      CAPITAL CORPORATION

FRONTIERVISION HOLDINGS

      CAPITAL II CORPORATION

FRONTIERVISION HOLDINGS L.L.C.

By:

 

FrontierVision Partners, L.P., its sole member

By:

 

Adelphia GP Holdings, LLC, its general partner

By:

 

ACC Operations, Inc., its sole member

FRONTIERVISION HOLDINGS L.P.

By:

 

FrontierVision Partners, L.P., its general partner

By:

 

Adelphia GP Holdings, LLC, its general partner

By:

 

ACC Operations, Inc., its sole member

--------------------------------------------------------------------------------

FRONTIERVISION OPERATING

      PARTNERS L.L.C.

By:

 

FrontierVision Holdings, L.P., its sole

member

By:

 

FrontierVision Partners, L.P., its general

partner

By:

 

Adelphia GP Holdings, LLC, its general

partner

By:

 

ACC Operations, Inc., its sole member

FRONTIERVISION OPERATING

      PARTNERS L.P.

By:

 

FrontierVision Holdings, L.P., its general

partner

By:

 

FrontierVision Partners, L.P., its general

partner

By:

 

Adelphia GP Holdings, LLC, its general

partner

By:

 

ACC Operations, Inc., its sole member

FRONTIERVISION PARTNERS L.P.

By:

 

Adelphia GP Holdings, LLC, its

general partner

By:

 

ACC Operations, Inc., its sole member

FT. MYERS ACQUISITION LIMITED

      PARTNERSHIP

By:

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

partner

FT. MYERS CABLEVISION, LLC

By:

 

Ft. Myers Acquisition Limited Partnership, its

sole member

By:

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

partner

--------------------------------------------------------------------------------

GENESIS CABLE COMMUNICATIONS

      SUBSIDIARY, L.L.C.

By:

 

ACC Cable Communications FL-VA, LLC,

its sole member

By:

 

ACC Cable Holdings VA, Inc., its sole

member

GLOBAL ACQUISITION PARTNERS, L.P.

By:

 

Global Cablevision II, LLC, its general

partner

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

GLOBAL CABLEVISION II, LLC

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing partner

THE GOLF CLUB AT WENDING

      CREEK FARMS, LLC

By:

 

ACC Operations, Inc., its sole member

GRAFTON CABLE COMPANY

GS CABLE LLC

By:

 

Adelphia GS Cable, LLC, its sole member

By:

 

Olympus Cable Holdings, LLC, its sole

member

By:

 

Olympus Subsidiary, LLC, its sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

--------------------------------------------------------------------------------

GS TELECOMMUNICATIONS LLC

By:

 

GS Cable, LLC, its sole member

By:

 

Adelphia GS Cable, LLC, its sole member

By:

 

Olympus Cable Holdings, LLC, its sole

member

By:

 

Olympus Subsidiary, LLC, its sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

HARRON CABLEVISION OF NEW

      HAMPSHIRE, INC.

HUNTINGTON CATV, INC.

IMPERIAL VALLEY CABLEVISION,

      INC.

KALAMAZOO COUNTY

      CABLEVISION, INC.

KEY BISCAYNE CABLEVISION

By:

 

Adelphia Cable Partners, LP, a general partner

By:

 

Olympus Cable Holdings, LLC, its managing

general partner

By:

 

Olympus Subsidiary, LLC, its sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

KOOTENAI CABLE, INC.

LAKE CHAMPLAIN CABLE

      TELEVISION CORPORATION

LEADERSHIP ACQUISITION LIMITED

      PARTNERSHIP

By:

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

partner

--------------------------------------------------------------------------------

LOUISA CABLEVISION, INC.

MANCHESTER CABLEVISION, INC

MARTHA’S VINEYARD

      CABLEVISION, L.P.

By:

 

Century Cable Holdings, LLC, its general

partner

By:

 

Century Cable Holding Corp., its sole member

MERCURY COMMUNICATIONS, INC.

MICKELSON MEDIA, INC.

MICKELSON MEDIA OF FLORIDA,

      INC.

MONUMENT COLORADO

      CABLEVISION, INC.

MOUNTAIN CABLE

      COMMUNICATIONS

      CORPORATION

MOUNTAIN CABLE COMPANY, L.P.

By:

 

Pericles Communications Corporation, its

managing general partner

MONTGOMERY CABLEVISION, INC.

MT. LEBANON CABLEVISION, INC.

MULTI-CHANNEL T.V. CABLE COMPANY

NATIONAL CABLE ACQUISITION

      ASSOCIATES, L.P.

By:

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

partner

 

--------------------------------------------------------------------------------

OLYMPUS CABLE HOLDINGS, LLC

By:

 

Olympus Subsidiary, LLC, its sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

OLYMPUS CAPITAL CORPORATION

OLYMPUS COMMUNICATIONS

      HOLDINGS, L.L.C.

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

OLYMPUS COMMUNICATIONS, L.P.

By:

 

ACC Operations, Inc., its managing general

partner

OLYMPUS SUBSIDIARY, LLC

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

OWENSBORO-BRUNSWICK, INC.

OWENSBORO INDIANA, L.P.

By:

 

Century Granite Cable Television Corp., its

general partner

OWENSBORO ON THE AIR, INC.

PAGE TIME, INC.

PARAGON CABLE TELEVISION INC.

PARAGON CABLEVISION

      CONSTRUCTION CORPORATION

--------------------------------------------------------------------------------

PARAGON CABLEVISION

      MANAGEMENT CORPORATION

PARNASSOS COMMUNICATIONS, L.P.

By:

 

Adelphia Western New York Holdings, LLC,

its general partner

By:

 

ACC Operations, Inc., its sole member

PARNASSOS HOLDINGS, LLC

By:

 

Parnassos Communications, L.P., its sole

member

By:

 

Adelphia Western New York Holdings, LLC,

its general partner

By:

 

ACC Operations, Inc., its sole member

PARNASSOS, L.P.

By:

 

Parnassos Communications, L.P., its general

partner

By:

 

Adelphia Western New York Holdings, LLC,

its general partner

By:

 

ACC Operations, Inc., its sole member

PERICLES COMMUNICATIONS

      CORPORATION

PULLMAN TV CABLE CO., INC.

RENTAVISION OF BRUNSWICK, INC.

RICHMOND CABLE TELEVISION

      CORPORATION

RIGPAL COMMUNICATIONS, INC.

ROBINSON/PLUM CABLEVISION

By:

 

Olympus Subsidiary, LLC, its general partner

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

SABRES, INC.

--------------------------------------------------------------------------------

SCRANTON CABLEVISION, INC.

SENTINEL COMMUNICATIONS OF

      MUNCIE, INDIANA, INC.

SOUTHEAST FLORIDA CABLE, INC.

SOUTHWEST COLORADO CABLE,

      INC.

SOUTHWEST VIRGINIA CABLE, INC.

S/T CABLE CORPORATION

STAR CABLE INC.

STARPOINT, LIMITED PARTNERSHIP

By:

 

West Boca Acquisition Limited Partnership,

its general partner

By:

 

Adelphia Cable Partners, L.P., its general

partner

By:

 

Olympus Cable Holdings, LLC, its managing

general partner

By:

 

Olympus Subsidiary, LLC, its sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

SVHH CABLE ACQUISITION, L.P.

By:

 

SVHH Holdings, LLC, its general partner

By:

 

ACC Operations, Inc., its sole member

SVHH HOLDINGS, LLC

By:

 

ACC Operations, Inc., its sole member

--------------------------------------------------------------------------------

TELE-MEDIA COMPANY OF

      HOPEWELL-PRINCE GEORGE

By:

 

Eastern Virginia Cablevision Holdings, LLC,

its managing general partner

By:

 

Eastern Virginia Cablevision, L.P., its sole

member

By:

 

TMC Holdings Corporation, its general

partner

TELE-MEDIA COMPANY OF TRI-STATES L.P.

By:

 

Tri-States, L.L.C., its general partner

By:

 

Century Cable Holdings, LLC, its sole

member

By:

 

Century Cable Holding Corp., its sole member

TELE-MEDIA INVESTMENT

      PARTNERSHIP, L.P.

By:

 

National Cable Acquisition Associates, L.P., a

general partner

By:

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

partner

TELESAT ACQUISITION, LLC

By:

 

Arahova Holdings, LLC, its sole member

By:

 

Olympus Cable Holdings, LLC, its sole

member

By:

 

Olympus Subsidiary, LLC, its sole

member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

TELESTAT ACQUISITION LIMITED

      PARTNERSHIP

By:

 

Olympus Communications, L.P., its general

partner

By:

 

ACC Operations, Inc., its managing general

partner

THE MAIN INTERNETWORKS, INC.

--------------------------------------------------------------------------------

THE WESTOVER T.V. CABLE CO.,

      INCORPORATED

THREE RIVERS CABLE ASSOCIATES,

      L.P.

By:

 

Chelsea Communications, LLC, a general

partner

By:

 

Olympus Cable Holdings, LLC, its sole

member

By:

 

Olympus Subsidiary, LLC, its sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

And

 

By: Mt. Lebanon Cablevision, Inc., a general

partner

TIMOTHEOS COMMUNICATIONS, L.P.

By:

 

Olympus Communications Holdings, L.L.C.,

its general partner

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

TMC HOLDINGS CORPORATION

TMC HOLDINGS, LLC

TRI-STATES, L.L.C.

By:

 

Century Cable Holdings, LLC, its sole

member

By:

 

Century Cable Holding Corp., its sole member

UCA LLC

By:

 

ACC Operations, Inc., its sole member

U.S. TELE-MEDIA INVESTMENT

      COMPANY

UPPER ST. CLAIR CABLEVISION, INC.

VALLEY VIDEO, INC.

--------------------------------------------------------------------------------

VAN BUREN COUNTY CABLEVISION,

      INC.

WARRICK CABLEVISION, INC.

WARRICK INDIANA, L.P.

By:

 

CCC-III, Inc., its general partner

WELLSVILLE CABLEVISION, L.L.C.

By:

 

Century Cable Holdings, LLC, its sole

member

By:

 

Century Cable Holding Corp., its sole member

WEST BOCA ACQUISITION LIMITED

      PARTNERSHIP

By:

 

Adelphia Cable Partners, L.P., its general

partner

By:

 

Olympus Cable Holdings, LLC, its managing

general partner

By:

 

Olympus Subsidiary, LLC, its sole member

By:

 

Olympus Communications, L.P., its sole

member

By:

 

ACC Operations, Inc., its managing general

partner

WESTERN NY CABLEVISION, L.P.

By:

 

Adelphia Western New York Holdings, LLC,

its general partner

By:

 

ACC Operations, Inc, its sole member

WESTVIEW SECURITY, INC.

--------------------------------------------------------------------------------

WILDERNESS CABLE COMPANY

YOUNG’S CABLE TV CORP.

YUMA CABLEVISION, INC.

By:

 

/s/ Vanessa A. Wittman

--------------------------------------------------------------------------------

   

Name:

 

Vanessa A. Wittman

   

Title:

 

Executive Vice President and Chief Financial Officer

--------------------------------------------------------------------------------

Annex A

 

Tranche A Commitment Amounts

 

Tranche A Lender

--------------------------------------------------------------------------------

   Amount

--------------------------------------------------------------------------------

JPMORGAN CHASE BANK

   $ 80,000,000

CITICORP NORTH AMERICA, INC.

   $ 80,000,000

WACHOVIA BANK, N.A.

   $ 80,000,000

BANK OF AMERICA, N.A.

   $ 67,000,000

THE BANK OF NOVA SCOTIA

   $ 67,000,000

CREDIT SUISSE FIRST BOSTON ACTING THROUGH ITS CAYMAN ISLANDS BRANCH

   $ 67,000,000

DEUTSCHE BANK AG NEW YORK BRANCH

   $ 67,000,000

GENERAL ELECTRIC CAPITAL CORPORATION

   $ 67,000,000

THE FOOTHILL GROUP, INC

   $ 67,000,000

CALYON (f/k/a CREDIT LYONNAIS)

   $ 39,000,000

BANK OF MONTREAL

   $ 39,000,000

BAYERISCHE HYPO-und VEREINSBANK AG, NEW YORK BRANCH

   $ 25,000,000

THE TRAVELERS INSURANCE COMPANY

   $ 25,000,000

SATELLITE SENIOR INCOME FUND, LLC

   $ 20,000,000

SUMITOMO MITSUI BANKING CORPORATION

   $ 10,000,000     

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

TOTAL

   $ 800,000,000

--------------------------------------------------------------------------------

Annex D

 

Tranche B Credit-Linked Deposit Amounts

 

Tranche B Lender

--------------------------------------------------------------------------------

   Amount

--------------------------------------------------------------------------------

JPMORGAN CHASE BANK

   $ 200,000,000

--------------------------------------------------------------------------------

Annex E—Part I

 

Borrower Group

--------------------------------------------------------------------------------

   Borrowing Limit

--------------------------------------------------------------------------------

Century Borrower Group

   $370 million

Century-TCI Borrower Group

   $235 million

UCA Borrower Group

   $80 million

Parnassos Borrower Group

   $40 million

FrontierVision Borrower Group

   $140 million

Olympus Borrower Group

   $70 million

7A Borrower Group

   $5 million

7B Borrower Group

   $15 million

7C Borrower Group

   $45 million

--------------------------------------------------------------------------------

Annex F

 

Borrower

--------------------------------------------------------------------------------

   Letter of Credit Sublimit

--------------------------------------------------------------------------------

Century Cable Holdings, LLC

   $90 million

Century-TCI California, L.P.

   $90 million

UCA LLC

   $80 million

Parnassos, L.P.

   $40 million

FrontierVision Operating Partners, L.P.

   $80 million

Olympus Cable Holdings, LLC

   $70 million

ACC Investment Holdings, Inc.

   $5 million

Arahova Communications, Inc.

   $10 million

Adelphia California Cablevision, LLC

   $35 million

--------------------------------------------------------------------------------

Schedule 26

 

Outstanding Loans and Outstanding Letters of Credit

 

Outstanding Loans:

      

Tranche A Loans:

   $ 236,865,562.57

Tranche B Loans:

   $ 153,884,725.87     

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

Total Outstanding Loans:

   $ 390,750,288.44

Outstanding Letters of Credit:

      

Tranche A Letters of Credit:

   $ 70,374,688.82

Tranche B Letters of Credit:

   $ 44,189,774.40     

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

Total Letters of Credit:

   $ 114,564,463.22

--------------------------------------------------------------------------------

Exhibit H

 

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF NEW YORK

 

 

--------------------------------------------------------------------------------

            )       

In re

  )      Chapter 11 Cases     )       

Adelphia Communications Corporation, et al.,

  )      Case No. 02-41729 (REG)     )       

                                                     Debtors.

  )      Jointly Administered     )       

--------------------------------------------------------------------------------

       

 

ORDER AUTHORIZING AND APPROVING, PURSUANT TO 11 U.S.C. §§105, 361, 362,

364(c)(1), 364(c)(2), 364(c)(3) AND 364(d)(1), (A) AMENDMENT AND RESTATEMENT

OF DIP CREDIT AGREEMENT TO PROVIDE FOR EXTENSION OF POST-

PETITION FINANCING, (B) RELATED COMMITMENT LETTER AND

(C) PAYMENT OF RELATED FEES AND EXPENSES

 

Upon the motion, dated April 21, 2004 (the “Motion”), of Adelphia Communications
Corporation and its affiliated debtors, each as a debtor and
debtor-in-possession (collectively, the “Debtors”), in the above-captioned
cases, for an order authorizing, pursuant to 11 U.S.C. §§105, 361, 362,
364(c)(1), 364(c)(2), 364(c)(3) and 364(d)(1), the execution of the Second
Amended and Restated Credit and Guaranty Agreement (the “Extension Agreement”)
amending and restating the Amended and Restated Credit and Guaranty Agreement,
dated as of August 26, 2002 (as amended and/or supplemented to date, the “DIP
Credit Agreement”) that was given final approval by this Court on August 23,
2002, pursuant to the Final Order (I) Authorizing Debtors (A) to Obtain
Post-Petition Financing Pursuant to 11 U.S.C. §§ 105, 361, 362, 364(c)(1),
364(c)(2), 364(c)(3) and 364(d)(1) and (B) to Utilize Cash Collateral Pursuant
to 11 U.S.C. § 363 and (II) Granting Adequate Protection to Pre-Petition Secured
Parties Pursuant to 11 U.S.C. §§ 361, 362 and 363 (the “DIP Order,” and other
terms not herein defined having the same meanings as used therein), which
Extension Agreement provides, inter alia, for an extension of the post-petition
financing for the Debtors; and a hearing (the “Hearing”) on the

--------------------------------------------------------------------------------

Motion having been held on May 13, 2004; and pursuant to Bankruptcy Rules
4001(b) and 4001(c)(1), Local Bankruptcy Rule 9013-1(c) and this Court’s Case
Management Order #1, dated October 18, 2002 and Case Management Order #2, dated
March 7, 2003, due notice under the circumstances of the Motion and the Hearing
having been given by the Debtors, and upon all of the pleadings filed with this
Court, and after due deliberation and consideration and sufficient cause
appearing therefor;

 

IT IS DETERMINED, ORDERED AND ADJUDGED, that:

 

1. This Court has core jurisdiction over these proceedings and the parties and
property affected hereby pursuant to 28 U.S.C. §§157(b) and 1334.

 

2. The DIP Order, as supplemented hereby, shall continue in full force and
effect.

 

3. The Debtors have a need to obtain an extension of their current financing and
are unable to obtain adequate unsecured credit allowable under section 503(b)(1)
of the Bankruptcy Code as an administrative expense.

 

4. The terms of the Extension Agreement appear to be fair and reasonable,
reflect the Debtors’ exercise of prudent business judgment consistent with their
fiduciary duty and are supported by reasonably equivalent value and fair
consideration. The Extension Agreement has been negotiated in good faith and at
arm’s-length between the Debtors and the Agents, and any letters of credit and
other Obligations (as defined in the DIP Credit Agreement, as amended and
restated by the Extension Agreement) incurred under the Extension Agreement
shall be deemed to have been extended by the DIP Lenders in good faith, as that
term is used in section 364(e) of the Bankruptcy Code.

 

5. The Extension Agreement and all documents, instruments and agreements

 

- 2 -

--------------------------------------------------------------------------------

related thereto (including, without limitation, the commitment and fee letters
executed in connection therewith) are authorized and approved in all respects.

 

6. The Debtors are authorized to execute the Extension Agreement, and the
Guarantors may guaranty all Obligations thereunder, and each shall be subject to
all of the other terms and conditions provided in the DIP Credit Agreement and
the DIP Order.

 

7. The Debtors are hereby authorized to perform and do all acts to make, execute
and deliver all instruments and documents and to pay fees that may be reasonably
required or necessary for the Debtors’ performance under the Extension
Agreement, including, without limitation, the payment to the Administrative
Agent referred to in the Extension Agreement, and such other fees, costs and
expenses as may be due from time to time including, without limitation,
reasonable attorneys’ fees and disbursements. Upon execution and delivery of the
Extension Agreement, it shall constitute valid and binding obligations of the
Debtors, enforceable against each Debtor party thereto in accordance with its
terms.

 

8. All obligations of the Debtors arising in connection with the Extension
Agreement shall be deemed a part of the Financing under the DIP Order. Without
limiting the generality of the foregoing (a) for all obligations and
indebtedness arising under the Extension Agreement, the Agents and the DIP
Lenders are granted each and every right granted to the Agents and the DIP
Lenders under the DIP Order in connection with the Documents and the Financing
(the relevant provisions of the DIP Order being incorporated herein by
reference) and (b) nothing herein adversely affects the rights granted to the
Agents and the DIP Lenders under the DIP Order, which rights shall continue in
full force and effect. Consistent with and not in any way limiting the
foregoing, (a) the definition of “Documents” contained in the DIP Order shall be
deemed to include the Extension Agreement, and all other agreements, documents,
notes

 

 

- 3 -

--------------------------------------------------------------------------------

and instruments executed or delivered pursuant hereto or thereto or in
connection herewith or therewith, (b) the definition of “DIP Obligations”
contained in the DIP Order shall be deemed to include all obligations and
indebtedness arising under, in respect of or in connection with the Extension
Agreement (including, without limitation, all “Obligations” as defined in the
DIP Credit Agreement, as amended and restated in the Extension Agreement) and
this Order, and (c) all liens, security interests, priorities and other rights,
remedies, benefits, privileges and protections provided in the DIP Order with
respect to or relating to the DIP Credit Agreement and the Financing shall apply
with equal force and effect to the Extension Agreement and all obligations in
connection therewith or related thereto.

 

9. The Extension Agreement and the provisions of this Order shall be binding
upon the Agents, the DIP Lenders and the Debtors and their respective successors
and assigns (including any chapter 7 or chapter 11 trustee hereinafter appointed
or elected for the estate of any of the Debtors) and inure to the benefit of the
Agents, the DIP Lenders and the Debtors and their respective successors and
assigns.

 

10. In accordance with section 364(e) of the Bankruptcy Code, in the event that
any or all of the provisions of this Order, the DIP Order or any Documents are
hereinafter modified, amended, or vacated by a subsequent order of this or any
other Court, no such modification, amendment or vacation shall effect the
validity, enforceability or priority of any DIP Lien or claim authorized or
created hereby or thereby. Notwithstanding any such modification, amendment or
vacation, any claim granted to the Agents and the DIP Lenders hereunder or under
any Document arising prior to the effective date of such modification,
amendment, or vacation shall be governed in all respects by the original
provisions of this Order, the DIP Order and the other Documents, and the Agents
and the DIP Lenders, as the case may

 

 

- 4 -

--------------------------------------------------------------------------------

be, shall be entitled to all of the rights, remedies, privileges, and benefits,
including the DIP Liens and priorities granted herein and therein, with respect
to any such claim.

 

11. Under the circumstances, the notice given by the Debtors of the Motion and
of the Hearing constitutes due and sufficient notice of the Motion and of the
Hearing.

 

Dated: New York, New York

May 6, 2004

 

/S/    ROBERT E. GERBER

--------------------------------------------------------------------------------

    

HONORABLE ROBERT E. GERBER

    

UNITED STATES BANKRUPTCY JUDGE

    

 

 

- 5 -