SAN JUAN SYSTEM INCLUDED AS
CLOSING DATE CURRENT LIABILITIES DEEMED FOR ALL PURPOSES OF THIS AGREEMENT AS
AMOUNTS PAID PRIOR TO THE CLOSING DATE).
(WWWW)
"WORKING CAPITAL TARGET" SHALL MEAN $0.
16
1.2
Additional Defined Terms.
The following
terms are defined in the respective Sections set forth below:
Term
Section
1992 Act
4.5(b)
2005 Budget
4.3(e)
ACM
7.15(a)(iv)
Acquired Interests
2.1
Affiliate Liabilities
7.19
Agreement
Recitals
Allocation Schedule
9.6(a)
Allocations
9.6(a)
Alternate Agreements
7.11(c)(ii)(C)
Audited 2004 Financials
9.6(c)
Audited Financials
4.3(c)
Bankruptcy Code
Recitals
Bankruptcy Court
Recitals
Basket
11.4(a)
Board
7.11(c)(ii)(A)
Break-Up Fee
7.11(c)(iv)(B)
Buyer
Recitals
Cable Corp.
Recitals
Cable Venture
Recitals
Cash Purchase Price
3.2 (a)
CATV
Recitals
Century
Recitals
Chapter 11 Case
Recitals
Closing
3.1
Closing Date
3.1
Closing Date Balance Sheet
3.4(b)(i)
Collective Bargaining Agreement
4.10(e)
Commitment Letters
6.4
Communications Act
4.5(b)
Companies
Recitals
Company Intellectual Property
4.17(c)
Confirmation Order
7.11(a)
Copyright Act
4.5(b)
Debt Commitment Letter
6.4
Deferred Purchase Price
3.2 (a)
Disclosure Statement
7.11(a)
Draft 2004 Financials
9.6(b)
Estimated Adjustment Certificate
3.4(a)
Estimated Closing Date Balance Sheet
3.4(a)
Expense Reimbursement
7.11(c)(iv)(A)
Expense Reimbursement Agreement
7.11(c)(iv)(A)
Franchise Extensions
7.4(b)
Indemnitee
11.3
17
Term
Section
Indemnitor
11.3
Indemnity Escrow Account
3.2(c)(i)
Independent Accountant
3.4(b)(ii)
Independent Engineer
7.13(d)
Interim Financials
4.3(c)
Investor Guaranty
3.2(e)
Investors
1.1(ttt)
IP Licenses
4.17(b)
IRS
4.10(j)
Key Personnel
7.6
Leases
4.8(b)
Levittown System
Recitals
Losses
11.2(a)
Mark Owner
7.8
Matching Right
7.11(c)(ii)(C)
Maximum Permissible Reduction
12.1(l)
ML JV Interests
7.20
ML Media
Recitals
Non-Solicitation Period
7.16
Objection Notice
3.4(b)(ii)
Offering Documents
7.17(c)
Operating Cash Flow Statement
3.4(b)(i)
Plan
Recitals
Pole Attachment Agreement
4.7
Post-Closing Period
4.12(e)
Pre-Closing Period
4.12(e)
Pre-Closing Tax Straddle Period
7.5(a)(ii)
Puerto Rico Telecommunications Act
4.5(b)
Purchase Price
3.2(a)
Rebuild Cost Overrun
7.13(e)
Rebuild Employees
4.10(m)
Rebuild Escrow Account
3.2(b)
Rebuild Escrow Amount
3.2(b)
Rebuild Extension Date
7.4(b)
Remaining Unpaid Cost
3.2(b)
Retained Marks
2.2(e)
Revised Schedule 4.6(e)
7.21
S-1 Financial Statements7.17(b)
7.17(b)
San Juan System
Recitals
Securities Act
7.17(b)
Sellers
Recitals
Sellers' Adjustment Certificate
3.4(b)(i)
Sellers Escrow Account
3.2(c)(iii)
Shortfall
11.6
Stand-Alone
7.22
18
Term
Section
Superior Proposal
7.11(c)(ii)(A)
Supplemental Interim Financials
7.17(e)
System
Recitals
Tax
4.12(a)
Tax Benefit
11.4(c)
Tax Return
4.12(a)
Taxing Authority
4.12(a)
Third-Party Claim11.3
11.3
Transferred Assets
2.2(i)
Transferred Programming Agreements
2.2(a)
Treasury Regulations
4.12(a)
Unaudited 2004 Financials
4.3(a)
Unaudited Financials
4.3(a)
Unaudited Historical Financials
4.3(a)
WARN Act
4.3(h)(ix)
2.
PURCHASE AND SALE OF ACQUIRED INTERESTS
2.1
Transfer of Acquired Interests.
Subject to
the terms, provisions and conditions contained in this Agreement, on the Closing
Date, in consideration for payment by the Buyer of the Purchase Price pursuant
to Section 3.2, the Sellers shall sell to the Buyer, and the Buyer shall
purchase from the Sellers, all of the Sellers' joint venture interests in the
Cable Venture (the "Acquired Interests") pursuant to the terms of the Plan and,
as a result of such sale and purchase, the Cable Venture shall, by operation of
law, be liquidated into the Buyer.
Immediately thereafter, the Buyer shall
cause Cable Corp. to be merged with and