Document:

Exhibit 4.1

 

€15,000,000 ADDITIONAL
FACILITY Q ACCESSION AGREEMENT

 

To:                              Toronto Dominion (Texas) LLC
as Facility Agent and TD Bank Europe Limited as Security Agent

 

From:                  The banks and financial institutions listed
in Schedule 1 to this Agreement (the Additional Facility Q
Lenders)

 

Date:   
30 October 2009

 

UPC Broadband Holding B.V.
(formerly known as UPC Distribution Holding B.V) - 

€1,072,000,000 Term Credit Agreement dated 16 January 2004 as amended from
time to 

time (the Credit Agreement)

 

1.                                       In this Agreement:

 

Existing Facility Q means the €372,000,000
redrawable term loan facility made available under the Additional Facility
Accession Agreements dated 25 March 2009, 27 April 2009 and 8 September 2009
respectively.

 

Existing Facility Q Advance means the outstanding Advance
under the Existing Facility Q, as at the date of this Agreement, being  €141,614,243.32.

 

Existing Facility Q Interest
Period
means the Interest Period currently selected (as at the date of this Agreement)
in respect of the outstanding Advance under Existing Facility Q.

 

Facility Q means the €15,000,000
redrawable term loan facility made available under this Agreement.

 

Facility Q Commitment means, in relation to an
Additional Facility Q Lender, the amount in Euros set opposite its name under
the heading “Facility Q Commitment” in Schedule 1 to the counterpart of this
Agreement executed by that Additional Facility Q Lender, to the extent not
cancelled, transferred, or reduced under the Credit Agreement.

 

Facility Q1 Advance means the €5,710,251.75
Advance to be drawn on the Effective Date in accordance with paragraph 12
below.

 

Facility Q Advance means a Euro denominated
advance made available to UPC Broadband by the Additional Facility Q Lender
under Facility Q.

 

Majority Facility Q Lenders means Additional Facility Q
Lenders the aggregate of whose Facility Q Commitments exceeds 662/3 per
cent. of the aggregate of Facility Q Commitments of all Additional Facility Q
Lenders.

 

Total Additional Facility Q
Commitment means the aggregate for the time being of the Additional Facility
Commitments of each Additional Facility Q Lender under Facility Q.

 

2.                                       Unless otherwise defined in
this Agreement, terms defined in the Credit Agreement shall have the same
meaning in this Agreement and a reference to a Clause is a reference to a
Clause of the Credit Agreement.  The
principles of construction set out in Clause 1.2 (Construction) of the Credit
Agreement apply to this Agreement as though they were set out in full in this
Agreement.

 

 

3.                                       We refer to Clause 2.2
(Additional Facilities) of the Credit Agreement.

 

4.                                       This Agreement will take
effect on the date on which the Facility Agent notifies UPC Broadband and the
Additional Facility Q Lenders that it has received the documents and evidence
set out in Schedule 2 to this Agreement, in each case in form and substance
satisfactory to it or, as the case may be, the requirement to provide any of
such documents or evidence has been waived by the Majority Facility Q Lenders
and in the case of the evidence specified at (b) of paragraph 4 (Other
documents) of Schedule 2, by all the Facility Q Lenders (the Effective Date).

 

5.                                       We, the Additional Facility Q
Lenders, agree:

 

(a)                                  to become party to and to be
bound by the terms of the Credit Agreement as Lenders in accordance with
Clause 2.2 (Additional Facilities) of the Credit Agreement; and

 

(b)                                 to become party to the
Security Deed as Lenders and to observe, perform and be bound by the terms and
provisions of the Security Deed in the capacity of Lenders in accordance with
Clause 9.3 (Transfers by Lenders) of the Security Deed.

 

6.                                       The Additional Facility
Commitment in relation to an Additional Facility Q Lender (for the purpose of
the definition of Additional Facility Commitment in Clause 1.1 (Definitions) of
the Credit Agreement) is its Facility Q Commitment.

 

7.                                       The Availability Period for
Facility Q shall be the period from and including the Effective Date up to and
including the date falling one month before the Final Maturity Date in respect
of Facility Q.

 

8.                                       Any interest due in relation
to Facility Q will be payable on the last day of each Interest Period in
accordance with Clause 8 (Interest) of the Credit Agreement.

 

9.                                       Facility Q shall comprise a
committed term loan facility which shall (subject to paragraph 11 below) be
capable of being reborrowed in relation to any sums that are prepaid in
accordance with Clause 7.10(d) (Miscellaneous provision) of the Credit
Agreement.

 

10.                                 UPC Broadband shall not
deliver a Request in relation to Facility Q if as a result of the proposed
Request more than 10 Advances under Facility Q would be outstanding.

 

11.                                 The first Advance under this
Facility Q shall be drawn on the day which is three Business Days after the
Effective Date or any later date as agreed by the Borrower and the Additional
Facility Q Lender and shall be the Facility Q1 Advance.

 

12.                                 The first
Interest Period to apply to the Facility Q1 Advance will be a period equal to
the period running from the Effective Date up to and including the last day of
the Existing Facility Q Interest Period.

 

13.                                 Advances under Facility Q
shall be used for general corporate purposes and working capital purposes,
including the repayment or prepayment of existing indebtedness.

 

14.                                 The Final Maturity Date in
respect of this Facility Q will be the earlier of:

 

(a)                                  31 July 2014; and

 

 

(b)                                 if by 17 October 2013
(the Relevant Date) being the date falling
90 days prior to the date on which the UPC Holding B.V. issued bonds due 2014
(the Bonds) fall due, those bonds have not
been repaid, redeemed or refinanced, the Relevant Date.

 

15.                                 The outstanding Advances under
Facility Q will be repaid in full on the Final Maturity Date.

 

16.                                 The Margin in relation to
Facility Q is 2.75 per cent. per annum.

 

17.                                 The Borrower in relation to
Facility Q is UPC Broadband.

 

18.                                 The Borrower shall pay to the
Facility Agent for distribution to each Additional Facility Q Lender in
accordance with Clause 20.1(b) (Commitment fee) of the Credit Agreement a
commitment fee in an amount equal to 0.75 per cent. per annum of the undrawn
uncancelled portion of the Total Additional Facility Q Commitment. Such
commitment fee shall be calculated and shall accrue on a daily basis on and
from the Effective Date and shall be payable quarterly in arrears from the
Effective Date.

 

19.                                 (a)                                  It is the intention of the
parties that the Existing Facility Q be upsized by the amount of this Facility
Q in accordance with paragraph 20 of each Existing Facility Q Accession
Agreement and that from the date the Facility Q1 Advance under this Agreement
is consolidated with the Existing Facility Q Advance, this Facility Q and the
Existing Facility Q shall constitute one single Additional Facility for all
purposes under the Credit Agreement. Provided that any upsizing of Facility Q
permitted under this paragraph will not breach any term of the Credit
Agreement, Facility Q may be upsized by any amount, by the signing of one or
more further Additional Facility Q Accession Agreements, that specify (along
with the other terms specified therein) UPC Broadband as the sole Borrower and
which specify Additional Facility Q Commitments denominated in Euros, to be
drawn in Euros, with the same Final Maturity Date and Margin as specified in
this Additional Facility Q Accession Agreement.

 

(b)                                 For the purposes of this
paragraph 20 (unless otherwise specified), unless otherwise specified,
references to Additional Facility Q Lenders and Facility Q Advances shall
include Lenders and Advances made under any such further and previous
Additional Facility Q Accession Agreement.

 

(c)                                  If the Borrower so requests, an Interest
Period for a Facility Q Advance under any other Additional Facility Q Accession
Agreement will end on the same day as the current Interest Period for any other
Facility Q Advance denominated in the same currency as that Facility Q Advance.

 

(d)                                 On the last day of any
Interest Period for a Facility Q Advance, that Facility Q Advance will be
consolidated with any other Facility Q Advance which has an Interest Period
ending on the same day as that Facility Q Advance, and all such Facility Q
Advances will then be treated as one Advance.

 

20.                                 Each of UPC Broadband and UPC
Financing confirms, on behalf of themselves and each other Obligor that the
representations and warranties set out in Clause 15 (Representations and
Warranties) of the Credit Agreement (with the exception of Clauses 15.6(a) (Consents),
15.10 (Financial condition), 15.12 (Security Interests), 15.13(b) (Litigation
and insolvency proceedings), 15.15 (Tax liabilities), 15.16 (Ownership of assets),
15.18 (Works Council), 15.19 (Borrower Group Structure), 15.20 (ERISA), 15.24
(UPC Financing) and 15.25 (Dutch Banking Act)) are true and correct as if made
at the Effective Date with reference to the facts 

 

 

and
circumstances then existing, and as if each reference to the Finance Documents
includes a reference to this Agreement.

 

21.                                 UPC Broadband further
represents and warrants on the Effective Date that the execution and delivery
by it of this Agreement and the performance of the transactions contemplated by
this Agreement will not violate any agreement or instrument to which UPC
Holding is a party or binding upon UPC Holding or any member of the Borrower
Group or any assets of UPC Holding or any member of the Borrower Group’s
assets, where such violation would or is reasonably likely to have a Material
Adverse Effect.

 

22.                                 Each Additional Facility Q
Lender confirms to each Finance Party that:

 

(a)                                  it has made its own
independent investigation and assessment of the financial condition and affairs
of each Obligor and its related entities in connection with its participation
in the Credit Agreement and has not relied on any information provided to it by
a Finance Party in connection with any Finance Document; and

 

(b)                                 it will continue to make its own
independent appraisal of the creditworthiness of each Obligor and its related
entities while any amount is or may be outstanding under the Credit Agreement
or any Additional Facility Commitment is in force.

 

23.                                 The Facility Office and
address for notices of each Additional Facility Q Lender for the purposes of
Clause 32.2 (Addresses for notices) of the Credit Agreement will be that
notified by each Additional Facility Q Lender to the Facility Agent.

 

24.                                 This Agreement and any
non-contractual obligations arising out of or in connection with it are
governed by English law.

 

25.                               This
Agreement may be executed in any number of counterparts, and by each party on
separate counterparts.  Each counterpart
is an original, but all counterparts shall together constitute one and the same
instrument.  Delivery of an executed
counterpart signature page of this Agreement by e-mail (PDF) or telecopy
shall be as effective as delivery of a manually executed counterpart of this
Agreement.

 

 

SCHEDULE 1

 

ADDITIONAL FACILITY Q
LENDERS AND COMMITMENTS

 

	
  Additional Facility Q
  Lender

  	
   

  	
  Facility Q Commitment

  (€)

  	
   

  
	
  UBS Limited

  	
   

  	
  15,000,000

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Total

  	
   

  	
  15,000,000

  	
   

  

 

 

SCHEDULE 2

 

CONDITIONS PRECEDENT
DOCUMENTS

 

1.                                      Constitutional Documents

 

(a)                                  A copy of the constitutional
documents of each Obligor (other than UPC Financing) and the partnership
agreement of UPC Financing or, if the Facility Agent already has a copy, a
certificate of an authorised signatory of the relevant Obligor confirming that
the copy in the Facility Agent’s possession is still correct, complete and in
full force and effect as at a date no earlier than the date of this Agreement.

 

(b)                                 An extract of the registration
of each Obligor established in the Netherlands in the trade register of the
Dutch Chamber of Commerce.

 

2.                                      Authorisations

 

(a)                                  A copy of a resolution of the
board of managing and, to the extent applicable, board of supervisory directors
(or equivalent) and, to the extent that a shareholders’ resolution is required,
a copy of the shareholders’ resolution of each Obligor:

 

(i)                                     approving the terms of and the
transactions contemplated by this Agreement and (in the case of UPC Broadband)
resolving that it execute the same (and, in the case of the Guarantors and the
Charging Entities (as defined in the Security Deed) resolving that it execute
the confirmation described at paragraph 4(a) below; and

 

(ii)                                  (in the case of UPC Broadband)
authorising the issuance of a power of attorney to a specified person or
persons to execute this Agreement on its behalf and (in the case of the
Guarantors and the Charging Entities (as defined in the Security Deed))
authorising the issuance of a power of attorney to a specified person or
persons to execute the confirmation described in paragraph 4(a) below.

 

(b)                                 A specimen of the signature of
each person authorised pursuant to its constitutional documents or to the power
of attorney referred to in paragraph (a) above to sign this Agreement or
the confirmation described in paragraph 4(a) below (as appropriate).

 

(c)                                  A certificate of an authorised
signatory of UPC Broadband, each Guarantor and each Charging Entity certifying
that each copy document specified in this Schedule and supplied by UPC
Broadband, each Guarantor and each Charging Entity is correct, complete and in
full force and effect as at a date no earlier than the date of this Agreement.

 

(d)                                 A copy of any other
authorisation or other document, opinion or assurance which the Facility Agent
has notified UPC Broadband is necessary in connection with the entry into and
performance of, and the transactions contemplated by, this Agreement or for the
validity and enforceability of this Agreement.

 

3.                                      Legal opinions

 

(a)                                  A legal opinion of Allen &
Overy LLP, English legal advisers to the Facility Agent, addressed to the
Finance Parties.

 

(b)                                 A legal opinion of Allen &
Overy LLP, Dutch legal advisers to the Facility Agent, addressed to the Finance
Parties.

 

 

4.                                      Other documents

 

(a)                                  Confirmation (in writing) from
(i) each of the Guarantors that its obligations under Clause 14
(Guarantee) of the Credit Agreement and (ii) each of the Charging Entities
(as defined in the Security Deed) that the Security Interests granted to the
Beneficiaries pursuant to the Security Documents and its obligations under the
Finance Documents, shall continue unaffected and that such obligations extend
to the Total Commitments as increased by the addition of Facility Q and that
such obligations shall be owed to each Finance Party including the Additional
Facility Q Lenders.

 

(b)                                 In respect of each Additional
Facility Q Lender, a Novation Certificate transferring each such lender’s
Facility L commitment to Liberty Global Europe BV, duly executed by each party
thereto.

 

 

SIGNATORIES

 

TORONTO DOMINION (TEXAS) LLC as Facility
Agent

 

By: Authorized Signatory

 

TD BANK EUROPE LIMITED as Security Agent

 

By: Authorized Signatory

 

 

UPC BROADBAND HOLDING B.V.

 

By: Authorized Signatory

 

By: Authorized Signatory

 

UPC FINANCING PARTNERSHIP

 

By: Authorized Signatory

 

By: Authorized Signatory

 

 

ADDITIONAL FACILITY Q
LENDERS

 

UBS LIMITED

 

By: Authorized SignatoryExhibit 4.2

 

€15,000,000 ADDITIONAL
FACILITY U ACCESSION AGREEMENT

 

To:                              Toronto Dominion (Texas) LLC
as Facility Agent and TD Bank Europe Limited as Security Agent

 

From:                  The persons listed in Schedule 1 to this
Agreement (the Additional Facility U Lenders)

 

Date:  
3 November 2009

 

UPC Broadband Holding B.V.
(formerly known as UPC Distribution Holding B.V) -

€1,072,000,000 Term Credit Agreement dated 16 January 2004 as amended from
time to

time (the Credit Agreement)

 

1.                                       In this Agreement:

 

Existing Facility U means the €1,235,809,981.78
term loan facility made available under the additional facility accession
agreement dated 3 June 2009.

 

Existing Facility U Advance means the outstanding advance
under Existing Facility U as at the date of this Agreement, being,
€1,235,809,981.78.

 

Existing Facility U Interest
Period
means the Interest Period which is current (as at the Effective Date) in
respect of the outstanding Advance under Existing Facility U.

 

Facility U means the €15,000,000 term
loan facility made available under this Agreement.

 

Facility U Advance means a euro denominated
advance made to UPC Financing by the Additional Facility U Lenders under
Facility U.

 

Facility U Commitment means, in relation to an
Additional Facility U Lender, the amount in euros set opposite its name under
the heading “Facility U Commitment” in Schedule 1 to the counterpart of this
Agreement executed by that Additional Facility U Lender, to the extent not
cancelled, transferred, or reduced under the Credit Agreement.

 

Majority Facility U Lenders means Additional Facility U
Lenders the aggregate of whose Facility U Commitments exceeds 662/3 per
cent. of the aggregate of Facility U Commitments of all Additional Facility U
Lenders.

 

2.                                       Unless otherwise defined in
this Agreement, terms defined in the Credit Agreement shall have the same
meaning in this Agreement and a reference to a Clause is a reference to a
Clause of the Credit Agreement.  The
principles of construction set out in Clause 1.2 (Construction) of the Credit
Agreement apply to this Agreement as though they were set out in full in this
Agreement.

 

3.                                       We refer to Clause 2.2
(Additional Facilities) of the Credit Agreement.

 

4.                                       This Agreement will take
effect on the date on which the Facility Agent notifies UPC Broadband and the
Additional Facility U Lenders that it has received the documents and evidence
set out in Schedule 2 to this Agreement, in each case in form and substance
satisfactory to it or, as the case may be, the requirement to provide any of
such documents or evidence has been waived by the Majority Facility U Lenders
(the Effective Date).

 

 

5.                                       We, the Additional Facility U
Lenders, agree:

 

(a)                                  to become party to and to be
bound by the terms of the Credit Agreement as Lenders in accordance with
Clause 2.2 (Additional Facilities) of the Credit Agreement; and

 

(b)                                 to become party to the
Security Deed as Lenders and to observe, perform and be bound by the terms and
provisions of the Security Deed in the capacity of Lenders in accordance with
Clause 9.3 (Transfers by Lenders) of the Security Deed.

 

6.                                       The Additional Facility
Commitment in relation to an Additional Facility U Lender (for the purpose of
the definition of Additional Facility Commitment in Clause 1.1 (Definitions) of
the Credit Agreement) is its Facility U Commitment.

 

7.                                       Any interest due in relation
to Facility U will be payable on the last day of each Interest Period in
accordance with Clause 8 (Interest) of the Credit Agreement.

 

8.                                       The Availability Period for
Facility U shall be the period from and including the Effective Date up to and
including the date which is three Business Days after the Effective Date.

 

9.                                       Facility U may be drawn by one
Advance and no more than one Request may be made in respect of Facility U under
the Credit Agreement.

 

10.                                 (a)                                  The first
Interest Period to apply to the Facility U Advance will be a period equal to the
period running from the Effective Date up to and including the last day of the Existing
Facility U Interest Period.

 

(b)                                 In respect of the first
Interest Period only, EURIBOR shall mean the EURIBOR rate as determined in
respect of the Existing Facility U Interest Period.

 

11.                                 The Facility U Advances will
be used for general corporate purposes and working capital purposes, including
the repayment or prepayment of existing indebtedness.

 

12.                                 The Final Maturity Date in
respect of this Facility U will be the earlier of:

 

(a)                                  31 December 2017; and

 

(b)                                 17 October 2013 (the Relevant Date) being the date falling 90 days prior to the
date on which the UPC Holding B.V. issued bonds due 2014 (the Bonds) are currently scheduled to fall due, if on the
Relevant Date, Bonds are outstanding in an aggregate amount equal to or greater
than €250,000,000.

 

13.                                 The outstanding Facility U
Advances will be repaid in full on the Final Maturity Date.

 

14.                                 The Margin in relation to
Facility U is 4.00 per cent. per annum.

 

15.                                 The Borrower in relation to
Facility U is UPC Financing.

 

16.                                (a)                                   It is the intention of the
parties that the Existing Facility U be upsized by the amount of this Facility
U in accordance with paragraph 16 of the Existing Facility U Accession
Agreement and that from the date the Facility U Advance under this Agreement is
consolidated with the Existing Facility U Advance, this Facility U and the
Existing Facility U shall constitute one single Additional Facility for all
purposes under the Credit Agreement. Provided that any upsizing of Facility U
permitted under this paragraph will not breach any term of the Credit
Agreement, Facility U may be 

 

 

upsized by any
amount, by the signing of one or more further Additional Facility U Accession
Agreements, that specify (along with the other terms specified therein) UPC
Financing as the sole Borrower and which specify Additional Facility U
Commitments denominated in euros, to be drawn in euros, with the same Final
Maturity Date and Margin as specified in this Additional Facility U Accession
Agreement.

 

(b)                                 For the purposes of this
paragraph 16, references to Additional Facility U Lenders and Facility U
Advances shall include Lenders and Advances made under any such further and
previous Additional Facility U Accession Agreement.

 

(c)                                  If the Borrower so requests, an Interest
Period for a Facility U Advance will end on the same day as the current
Interest Period for any other Facility U Advance denominated in the same
currency as that Facility U Advance.

 

(d)                                 On the last day of any
Interest Period for a Facility U Advance, that Facility U Advance will be
consolidated with any other Facility U Advance which has an Interest Period
ending on the same day as that Facility U Advance, and all such Facility U
Advances will be treated as one Facility U Advance.

 

17.                                 Each of UPC Broadband and UPC
Financing confirms, on behalf of themselves and each other Obligor that the
representations and warranties set out in Clause 15 (Representations and
Warranties) of the Credit Agreement (with the exception of Clauses 15.6(a) (Consents),
15.10 (Financial condition), 15.12 (Security Interests), 15.13(b) (Litigation
and insolvency proceedings), 15.14 (Business Plan), 15.15 (Tax liabilities),
15.16 (Ownership of assets), 15.18 (Works Council), 15.19 (Borrower Group
Structure), 15.20 (ERISA), 15.24 (UPC Financing) and 15.25 (Dutch Banking Act))
are true and correct as if made at the Effective Date with reference to the
facts and circumstances then existing, and as if each reference to the Finance
Documents includes a reference to this Agreement.

 

18.                                 UPC Broadband further
represents and warrants on the Effective Date that the execution and delivery
by it of this Agreement and the performance of the transactions contemplated by
this Agreement will not violate any agreement or instrument to which UPC
Holding is a party or binding upon UPC Holding or any member of the Borrower
Group or any assets of UPC Holding or any member of the Borrower Group’s
assets, where such violation would or is reasonably likely to have a Material
Adverse Effect.

 

19.                                 Each Additional Facility U
Lender confirms to each Finance Party that:

 

(a)                                  it has made its own
independent investigation and assessment of the financial condition and affairs
of each Obligor and its related entities in connection with its participation
in the Credit Agreement and has not relied on any information provided to it by
a Finance Party in connection with any Finance Document; and

 

(b)                                 it will continue to make its
own independent appraisal of the creditworthiness of each Obligor and its
related entities while any amount is or may be outstanding under the Credit
Agreement or any Additional Facility Commitment is in force.

 

20.                                 Each of the Additional
Facility U Lenders agrees that without prejudice to Clause 26.3 of the Credit
Agreement, each New Lender (as defined in the Novation Certificate referred to
below) shall become, by the execution by the Facility Agent of a Novation
Certificate substantially in the form of Schedule 3 to this Agreement, bound by
the terms of this Agreement as if it were an original party hereto as an
Additional Facility U Lender and shall acquire the same rights and assume the
same obligations towards the other parties to this 

 

 

Agreement as
would have been acquired and assumed had the New Lender been an original party
to this Agreement as an Additional Facility U Lender.

 

21.                                 Each Additional Facility U
Lender agrees to waive the notice period in respect of drawdown requests under
Clause 5.1 (Delivery of Request) of the Credit Agreement in respect of this
Facility U.

 

22.                                 The Facility Office and
address for notices of each Additional Facility U Lender for the purposes of
Clause 32.2 (Addresses for notices) of the Credit Agreement will be that
notified by each Additional Facility U Lender to the Facility Agent.

 

23.                                 This Agreement and any
non-contractual obligations arising out of or in connection with it are
governed by English law.

 

24.                                 This
Agreement may be executed in any number of counterparts, and by each party on
separate counterparts.  Each counterpart
is an original, but all counterparts shall together constitute one and the same
instrument.  Delivery of an executed
counterpart signature page of this Agreement by e-mail (PDF) or telecopy
shall be as effective as delivery of a manually executed counterpart of this
Agreement.

 

 

SCHEDULE 1

 

ADDITIONAL FACILITY U
LENDERS AND COMMITMENTS

 

	
  Additional Facility U
  Lender

  	
   

  	
  Facility U Commitment

  (€)

  	
   

  
	
  Liberty
  Global Europe B.V.

  	
   

  	
  €

  	
  15,000,000

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Total

  	
   

  	
  €

  	
  15,000,000

  	
   

  

 

 

SCHEDULE 2

 

CONDITIONS PRECEDENT
DOCUMENTS

 

1.                                      Constitutional Documents

 

(a)                                  A copy of the constitutional
documents of each Obligor (other than UPC Financing) and the partnership
agreement of UPC Financing or, if the Facility Agent already has a copy, a
certificate of an authorised signatory of the relevant Obligor confirming that
the copy in the Facility Agent’s possession is still correct, complete and in
full force and effect as at a date no earlier than the date of this Agreement.

 

(b)                                 An extract of the registration
of each Obligor established in the Netherlands in the trade register of the
Dutch Chamber of Commerce.

 

2.                                      Authorisations

 

(a)                                  A copy of a resolution of the
board of managing and, to the extent applicable, board of supervisory directors
(or equivalent) and, to the extent that a shareholders’ resolution is required,
a copy of the shareholders’ resolution of each Obligor:

 

(i)                                     approving the terms of and the
transactions contemplated by this Agreement and (in the case of UPC Broadband)
resolving that it execute the same (and, in the case of the Guarantors and the
Charging Entities (as defined in the Security Deed) resolving that it execute
the confirmation described at paragraph 4(a) below; and

 

(ii)                                  (in the case of UPC Broadband
and UPC Financing) authorising the issuance of a power of attorney to a
specified person or persons to execute this Agreement on its behalf and (in the
case of the Guarantors and the Charging Entities (as defined in the Security
Deed)) authorising the issuance of a power of attorney to a specified person or
persons to execute the confirmation described in paragraph 4(a) below.

 

(b)                                 A specimen of the signature of
each person authorised pursuant to its constitutional documents or to the power
of attorney referred to in paragraph (a) above to sign this Agreement or
the confirmation described in paragraph 4 below (as appropriate).

 

(c)                                  A certificate of an authorised
signatory of UPC Broadband, each Guarantor and each Charging Entity certifying
that each copy document specified in this Schedule and supplied by UPC
Broadband, each Guarantor and each Charging Entity is correct, complete and in
full force and effect as at a date no earlier than the date of this Agreement.

 

(d)                                 A copy of any other
authorisation or other document, opinion or assurance which the Facility Agent
has notified UPC Broadband is necessary in connection with the entry into and
performance of, and the transactions contemplated by, this Agreement or for the
validity and enforceability of this Agreement.

 

3.                                      Legal opinions

 

(a)                                  A legal opinion of Allen &
Overy LLP, English legal advisers to the Facility Agent, addressed to the
Finance Parties.

 

(b)                                 A legal opinion of Allen &
Overy LLP, Dutch legal advisers to the Facility Agent, addressed to the Finance
Parties.

 

 

(c)                                  A legal opinion of Allen &
Overy LLP, New York legal advisers to the Facility Agent, addressed to the
Finance Parties.

 

4.                                      Other documents

 

Confirmation (in writing) from (i) each
of the Guarantors that its obligations under Clause 14 (Guarantee) of the
Credit Agreement and (ii) each of the Charging Entities (as defined in the
Security Deed) that the Security Interests granted to the Beneficiaries
pursuant to the Security Documents and its obligations under the Finance
Documents, shall continue unaffected and that such obligations extend to the
Total Commitments as increased by the addition of Facility U and that such
obligations shall be owed to each Finance Party including the Additional
Facility U Lenders.

 

 

SCHEDULE 3

 

NOVATION CERTIFICATE

 

To:          [     ]
as Facility Agent and [BORROWER]

 

From:      [THE
EXISTING LENDER] and [THE NEW LENDER]                  Date:
[          ]

 

UPC Broadband Holding B.V. - €1,072,000,000
Term Credit Agreement dated 16 January, 2004 (the Credit Agreement)

 

We refer to Clause 26.3 (Procedure for
novations) of the Credit Agreement and clause 9.3 (Transfers by the Lenders) of
the Security Deed.  Terms defined in the
Credit Agreement or, if not defined in the Credit Agreement, the Additional
Facility Accession Agreement between the Facility Agent, the Security Agent and
the Additional Facility U Lenders dated [         ] 2009, have the same meaning in this
Novation Certificate.

 

1.                                       We
[             ]
(the Existing Lender) and
[     ] (the New Lender)
agree to the Existing Lender and the New Lender novating all the Existing
Lender’s rights and obligations referred to in the Schedule in accordance with
Clause 26.3 (Procedure for novations) of the Credit Agreement and clause
9.3 (Transfers by the Lenders) of the Security Deed.

 

2.                                       The New Lender confirms that it is bound by the
terms of the Additional Facility Accession Agreement as if it were an original
party thereto as an Additional Facility U Lender and shall acquire the same
rights and assume the same obligations towards the other parties to the
Additional Facility U Accession Agreement as would have been acquired and
assumed had the New Lender been an original party to the Additional Facility U
Accession Agreement as an Additional Facility U Lender.

 

3.                                       The Facility Office and
address for notices of the New Lender for the purposes of Clause 32.2
(Addresses for notices) are set out in the Schedule.

 

4.                                       This
Novation
Certificate
may be executed in any number of counterparts, and by each party on separate
counterparts.  Each counterpart is an
original, but all counterparts shall together constitute one and the same
instrument.  Delivery of an executed
counterpart signature page of this Novation
Certificate by
e-mail (PDF) or telecopy shall be as effective as delivery of a manually
executed counterpart of this Novation Certificate.

 

5.                                       This Novation Certificate and
any non-contractual obligations arising out of or in connection with it are
governed by English law.

 

 

THE SCHEDULE

 

Rights and obligations to be novated

 

[Details of the rights and
obligations of the Existing Lender to be novated.]

 

	
  [New Lender]

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  [Facility Office

  	
  Address for notices for administrative
  purposes

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Address for notices for credit purposes]

  	
   

  
	
   

  	
   

  	
   

  
	
  [Existing Lender]

  	
  [New Lender]

  	
  [                    ]

  
	
   

  	
   

  	
   

  
	
  By:

  	
  By:

  	
  By:

  
	
   

  	
   

  	
   

  
	
  Date:

  	
  Date:

  	
  Date:

  
	
   

  	
   

  	
   

  

 

 

 

 SIGNATORIES

 

TORONTO DOMINION (TEXAS) LLC as Facility
Agent

 

By: Authorized Signatory

 

TD BANK EUROPE LIMITED as Security Agent

 

By: Authorized Signatory

 

 

UPC BROADBAND HOLDING B.V.

 

By: Authorized Signatory

 

By: Authorized Signatory

 

UPC FINANCING PARTNERSHIP

 

By: Authorized Signatory

 

By: Authorized Signatory

 

 

ADDITIONAL
FACILITY U LENDERS

 

LIBERTY GLOBAL EUROPE B.V.

 

By: /s/ Authorized Signatory

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}]]