Document:

Exhibit 4.1

 

UNIVISION COMMUNICATIONS INC.

 

OFFICERS’ CERTIFICATE

(Pursuant to
Sections 201 and 301 of the Indenture)

 

Dated:  October 15, 2003

 

The undersigned, Robert V. Cahill, Vice
Chairman and Secretary of Univision Communications Inc., a Delaware corporation
(the “Corporation”), and C. Douglas Kranwinkle, Executive Vice President and
General Counsel of the Corporation, hereby certify as follows:

 

The undersigned, having read the appropriate
provisions of the Indenture dated as of July 18, 2001, as amended and
supplemented, (the “Indenture”), between the Corporation and The Bank of New
York, as trustee (the “Trustee”), including Sections 102, 201, 301 and 303
thereof and the definitions in such Indenture relating thereto, and certain
other corporate documents and records, and having made such examination and
investigation as, in the opinion of the undersigned, each considers necessary
to enable the undersigned to express an informed opinion as to whether or not
the conditions set forth in the Indenture relating to the establishment of the
terms of the offering of aggregate principal amounts of $250,000,000 of the
Corporation’s 2.875% Senior Notes Due 2006 (the “2006 Notes”), $200,000,000 of
the Corporation’s 3.500% Senior Notes Due 2007 (the “2007 Notes”) and
$250,000,000 of the Corporation’s 3.875% Senior Notes Due 2008 (the “2008
Notes” and, together with the 2006 Notes and 2007 Notes, the “Notes”) and the
form of certificates evidencing the Notes have been complied with, and whether
the conditions in the Indenture relating to the authentication and delivery by
the Trustee of the Notes have been complied with, certify that (1) the
terms of the Notes were established by the undersigned pursuant to authority
delegated to them by resolutions duly adopted by the Board of Directors of the
Corporation on October 1, 2003 and by a duly authorized committee of the Board
of Directors of the Corporation on October 7, 2003 (the “Resolutions”) and such
terms are as set forth in Annex I hereto, (2) the form of certificates
evidencing the Notes was established by the undersigned pursuant to authority
delegated to them by the Resolutions and shall be in substantially the form
attached as Annex II hereto, (3) true, complete and correct copies of the
Resolutions, which were duly adopted by the Board of Directors of the
Corporation and are in full force and effect on the date hereof, are attached
as exhibits to the Secretary’s Certificate of the Secretary of the Corporation
of even date herewith, and (4) the form and terms of the Notes have been
established pursuant to Sections 201 and 301 of the Indenture and comply with
the Indenture and, in the opinion of the undersigned, all conditions provided
for in the Indenture (including, without limitation, those set forth in Sections
201, 301 and 303 of the Indenture) relating to the establishment of the terms
of the Notes and the form of certificate evidencing the Notes, and relating to
the execution, authentication and delivery of the Notes, have been complied
with.

 

 

This certificate
may be executed by the parties hereto in counterparts, each of which when so
executed shall be deemed to be an original, with the same effect as if the
signatures thereto and hereto were on the same instrument, but all such
counterparts shall together constitute but one and the same instrument.

 

[Signatures on Next Page]

 

2

 

IN WITNESS
WHEREOF, we have hereunto set our hands as of the date first written above.

 

	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
  Robert V. Cahill

  
	
   

  	
  Title:

  	
  Vice Chairman and Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
  C. Douglas Kranwinkle

  
	
   

  	
  Title:

  	
  Executive Vice President and General

  Counsel

  
					

 

3

 

ANNEX I

 

Capitalized
terms used in this Annex I and not otherwise defined herein have the same
definitions as in the Indenture referred to in the Officers’ Certificate of
which this Annex I constitutes a part.

 

(1)           The Securities of each series established
hereby shall be known and designated as the “2.875% Senior Notes Due 2006” (the
“2006 Notes”), the “3.500% Senior Notes Due 2007” (the “2007 Notes”) and the
“3.875% Senior Notes Due 2008” (the “2008 Notes” and, together with the 2006
Notes and 2007 Notes, the “Notes”).  The
2006 Notes, the 2007 Notes and the 2008 Notes shall each constitute a separate
series of Securities defined in the Indenture.

 

(2)           The aggregate principal amounts of the 2006
Notes, the 2007 Notes and the 2008 Notes which initially may be authenticated
and delivered under the Indenture (except for Notes authenticated and delivered
upon registration of transfer of, or in exchange for, or in lieu of, other
Notes of the same series pursuant to Sections 304, 305, 306, 906 or 1106
of the Indenture and except for any Notes which, pursuant to Section 303
of the Indenture, are deemed never to have been authenticated and delivered
thereunder) are $250,000,000, $200,000,000 and $250,000,000, respectively.  The Corporation may, without the consent of
the Holders of the Notes of any series, issue additional notes of that series
having the same ranking, interest rate, maturity, CUSIP numbers and terms as to
status, redemption or otherwise as the Notes of that series; provided, however,
that, notwithstanding the foregoing, no additional notes of that series may be
issued if (a) the Corporation has effected Defeasance or Covenant
Defeasance with respect to the Notes of that series pursuant to
Sections 1302 and 1303, respectively, of the Indenture, (b) the
Corporation has effected satisfaction and discharge with respect to the Notes
of that series pursuant to Section 401 of the Indenture or (c) an
Event of Default has occurred and is continuing with respect to the Notes of
that series.

 

(3)           Interest on the Notes shall be payable to
the persons in whose names the Notes are registered at the close of business on
the Regular Record Date (as specified in paragraph (5) below) for such
interest payment.

 

(4)           The principal of the 2006 Notes shall be
payable, unless accelerated or earlier redeemed or repurchased pursuant to the
Indenture, on October 15, 2006. 
The principal of the 2007 Notes shall be payable, unless accelerated or
earlier redeemed or repurchased pursuant to the Indenture, on October 15,
2007.  The principal of the 2008 Notes
shall be payable, unless accelerated or earlier redeemed or repurchased
pursuant to the Indenture, on October 15, 2008.

 

(5)           The rate at which each of the 2006 Notes
shall bear interest shall be 2.875% per annum. 
The rate at which each of the 2007 Notes shall bear interest shall be
3.500% per annum.  The rate at which
each of the 2008 Notes shall bear interest shall be 3.875% per annum.  Interest on the Notes shall be computed on
the basis of a 360-day year comprised of twelve 30-day months.  The date from which interest shall accrue
for the Notes shall be October 15, 2003. 
The Interest Payment Dates on which interest on the Notes shall be
payable are April 15 and October 15, commencing on April 15,
2004.  The Regular Record Date shall be
the April 1 or October 1 (whether or not a Business Day), as the case
may be, next preceding such Interest Payment Date.

 

I-1

 

(6)           The Corporation shall not have a right to
extend the interest payment period of the Notes.

 

(7)           The principal, premium, if any, and interest
in respect of the Notes represented by Global Notes shall be paid by wire
transfer of immediately available funds to the accounts specified by the Global
Note Holder.  The principal, premium, if
any, and interest with respect to Certificated Notes (as defined below) shall
be paid by wire transfer of immediately available funds to the accounts
specified by the Holders of the Certificated Notes or, if no such account is
specified, by mailing a check to each such Holder’s registered address.

 

(8)           The Notes are redeemable, as a whole or from
time to time in part, at the option of the Corporation as set forth in the form
of certificate evidencing the Notes which appears as Annex II to this
Officers’ Certificate.  The Redemption
Price for the Notes to be redeemed on any Redemption Date will be equal to the
greater of the following amounts:

 

(a)           100%
of the principal amount of the Notes being redeemed on the Redemption Date; and

 

(b)           the
sum of the present values of the remaining scheduled payments of principal and
interest on the Notes being redeemed on that Redemption Date (not including any
portion of any payments of interest accrued to the Redemption Date) discounted
to the Redemption Date on a semiannual basis at the Adjusted Treasury Rate plus
12.5 basis points, as determined by the Reference Treasury Dealer,

 

plus, in each
case, accrued and unpaid interest, if any, thereon to the Redemption Date.
Notwithstanding the foregoing, installments of interest on Notes that are due
and payable on Interest Payment Dates falling on or prior to a Redemption Date
will be payable on the Interest Payment Date to the registered Holders as of
the close of business on the relevant Regular Record Date according to the
Notes and the Indenture. The Redemption Price will be calculated on the basis
of a 360-day year consisting of twelve 30-day months.

 

As used
herein, the following terms have the meanings set forth below:

 

“Adjusted Treasury Rate” means, with
respect to any Redemption Date, the rate per annum equal to the semiannual
equivalent yield to maturity of the Comparable Treasury Issue, assuming a price
for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for such Redemption Date.

 

“Comparable Treasury Issue” means the
United States Treasury security selected by the Reference Treasury Dealer as
having a maturity comparable to the remaining term of the Notes of the series
to be redeemed that would be utilized, at the time of selection and in
accordance with customary financial practice, in pricing new issues of
corporate debt securities of comparable maturity to the remaining term of such
Notes.

 

“Comparable Treasury Price” means, with
respect to any Redemption Date, (a) the average of the Reference Treasury
Dealer Quotations for such Redemption Date, after excluding the highest and
lowest of such Reference Treasury Dealer Quotations, or (b) if the Trustee
obtains fewer than three such Reference Treasury Dealer Quotations, the average
of all

 

I-2

 

such
quotations, or (c) if only one Reference Treasury Dealer Quotation is
received, such quotation.

 

“Reference Treasury Dealer” means
(a) Citigroup Capital Markets Inc. and UBS Securities LLC (or their
respective affiliates which are Primary Treasury Dealers), and their respective
successors; provided, however, that if any of the foregoing
shall cease to be a primary U.S. Government Securities dealer in New York City
or Stamford, Connecticut (a “Primary Treasury Dealer”), the Corporation will
substitute therefor another Primary Treasury Dealer; and (b) any other
Primary Treasury Dealer(s) selected by the Trustee after consultation with the
Corporation.

 

“Reference Treasury Dealer Quotation”
means, with respect to each Reference Treasury Dealer and any Redemption Date,
the average, as determined by the Trustee, of the bid and asked prices for the
Comparable Treasury Issue (expressed in each case as a percentage of its
principal amount) quoted in writing to the Trustee by such Reference Treasury
Dealer at 5:00 p.m. (New York City time) on the third business day
preceding such Redemption Date.

 

(9)           There is no obligation of the Corporation to
redeem or repurchase the Notes pursuant to any sinking fund or analogous
provision or to redeem or repurchase any of the Notes prior to the Stated
Maturity at the option of the Holder thereof.

 

(10)         The Notes shall be issued in fully registered
form without coupons in denominations of $1,000 and integral multiples thereof.

 

(11)         The entire principal amount of the Notes shall
be payable upon declaration of acceleration of the maturity thereof pursuant to
Section 502 of the Indenture.

 

(12)         Sections 1302 and 1303 of the Indenture shall
apply to the Notes.

 

(13)         Pursuant to Section 201 of the Indenture, the
Notes shall bear the following legend:

 

“UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE
OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER,
EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF
CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITARY (AND ANY PAYMENT IS MADE TO CEDE & CO. OR
TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY),
ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY
PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.”

 

(14)         The Trustee is appointed as the Paying Agent
and Security Registrar.

 

(15)         As used in the Indenture with respect to the
Notes and in the certificates evidencing the Notes, all references to “premium”
on the Notes shall mean any amounts (other

 

I-3

 

than accrued interest) payable upon the
redemption of any Notes in excess of 100% of the principal amount of the Notes.

 

(16)         The Notes shall have such other terms and
provisions as are set forth in the form of certificate evidencing the Notes
attached as Annex II to this Officers’ Certificate, all of which terms and
provisions are incorporated by reference in and made a part of this Annex I as
if set forth in full herein.

 

(17)         The Notes shall initially be jointly and
severally, fully and unconditionally guaranteed by each of the guarantors set
forth on Exhibit A hereto (the “Initial Guarantors”).  The Initial Guarantors shall execute, and
the Notes shall be entitled to the benefit of, a supplemental indenture in the
form attached hereto as Exhibit B to be executed by each of the Initial Guarantors
and incorporated herein by reference.

 

(18)         The Notes constitute senior unsecured
obligations of the Corporation and are equal in right of payment with all of
its existing and future senior unsecured Indebtedness and are senior in right
of payment to any of its future subordinated Indebtedness.

 

(19)         The following covenants shall be added to
Article X of the Indenture with respect to the Notes only:

 

Section 1007. Additional Subsidiary Guarantees.

 

If any of the
Corporation’s present or future Subsidiaries that is not an Initial Guarantor
guarantees or otherwise provides direct credit support for borrowings by the
Corporation under a Credit Facility after the date hereof, then that Subsidiary
will become a Note Guarantor and execute a supplemental indenture in the form
attached hereto as Exhibit C and incorporated herein by reference and
deliver an Opinion of Counsel satisfactory to the Trustee within
10 Business Days of the date on which it guaranteed or otherwise began
providing such direct credit support.

 

Section 1008. Limitation on Liens.

 

The
Corporation will not, and will not permit any of its Subsidiaries to, create,
incur, assume or otherwise cause or suffer to exist or become effective any
Lien of any kind (other than Permitted Liens) upon any of its or its
Subsidiaries’ properties or assets, now owned or hereafter acquired, unless all
payments due under the Indenture and the Notes are secured on an equal and
ratable basis with the obligations so secured until such time as such
obligations are no longer secured by a Lien.

 

Section 1009. Limitation on Incurrence of Subordinated Indebtedness.

 

Neither the
Corporation nor any of the Note Guarantors, if any, will incur any Indebtedness
that is contractually subordinated in right of payment to any of the
Corporation’s or such Note Guarantor’s, if any, other Indebtedness unless such
Indebtedness is also contractually subordinated in right of payment to the
Notes or the guarantees of such Notes, as applicable, on substantially
identical terms; provided, however, that none of the Corporation’s or
any of the Note Guarantors’, if any, 

 

I-4

 

Indebtedness
will be deemed to be contractually subordinated in right of payment to any of
the Corporation’s or such Note Guarantor’s, if any, other Indebtedness solely
by virtue of being unsecured.

 

Section 1010. Limitation on Sale and Leaseback Transactions.

 

The
Corporation will not, and will not permit any of its Subsidiaries to, enter
into any sale and leaseback transaction; provided
that the Corporation or any of its Subsidiaries may enter into a
sale and leaseback transaction if the gross cash proceeds of that sale and
leaseback transaction are at least equal to the fair market value, as
determined in good faith by the Board of Directors of the Corporation and set
forth in an Officers’ Certificate delivered to the Trustee, of the property
that is the subject of that sale and leaseback transaction, and if either:

 

(1)           the
Corporation or that Subsidiary could have incurred a Lien to secure such
Indebtedness under Section 1008; or

 

(2)           the
Corporation, within 120 days of the effective date of the sale and
leaseback transaction, applies an amount not less than the fair market value of
such property to one or more of: (a) the optional redemption of some or
all of the Notes in accordance with the provisions of the Indenture;
(b) the payment or retirement of other funded non-subordinated
Indebtedness incurred or assumed by the Corporation; or (c) the purchase
of other property of the Corporation at not more than the fair market value of
such property.

 

(20)         The following definitions
shall be added to Section 101 of the Indenture with respect to the Notes
only:

 

“Capital Lease Obligation” means, at the
time any determination is to be made, the amount of a liability in respect of a
capital lease that would at that time be required to be capitalized on a
balance sheet in accordance with GAAP.

 

“Credit Agreement” means that certain
Credit Agreement, dated as of July 18, 2001, by and among the Corporation,
the guarantors party thereto, the lenders party thereto, BNP Paribas and J.P.
Morgan Securities Inc., as joint book managers and joint lead arrangers, and
JPMorgan Chase Bank, as administrative agent (as amended through October 7,
2003) including any related notes, guarantees, collateral documents,
instruments and agreements executed in connection therewith, and in each case
as amended, modified, renewed, refunded, replaced or refinanced from time to
time.

 

“Credit Facilities” means, one or more debt
facilities (including, without limitation, the Credit Agreement) or commercial
paper facilities of the Corporation or any of its Subsidiaries, in each case
with banks or other institutional lenders providing for revolving credit loans,
term loans, receivables financing (including through the sale of receivables to
such lenders or to special purpose entities formed to borrow from such lenders
against such receivables) or letters of credit, in each case, as amended,
restated, modified, renewed, refunded, replaced or refinanced in whole or in
part from time to time.

 

I-5

 

“GAAP” means generally accepted accounting
principles set forth in the opinions and pronouncements of the Accounting Principles
Board of the American Institute of Certified Public Accountants and statements
and pronouncements of the Financial Accounting Standards Board or in such other
statements by such other entity as have been approved by a significant segment
of the accounting profession, which are in effect from time to time.

 

“Hedging Obligations” means, with respect
to any specified Person, the obligations of such Person under:

 

(a)           interest
rate swap agreements, interest rate cap agreements and interest rate collar agreements;
and

 

(b)           other
agreements or arrangements designed to protect such Person against fluctuations
in interest rates.

 

“Indebtedness” means, with respect to any
specified Person, any indebtedness of such Person, whether or not contingent:

 

(a)           in
respect of borrowed money;

 

(b)           evidenced
by bonds, notes, debentures or similar instruments or letters of credit (or
reimbursement agreements in respect thereof);

 

(c)           in
respect of banker’s acceptances;

 

(d)           representing
Capital Lease Obligations;

 

(e)           representing
the balance deferred and unpaid of the purchase price of any property, except
any such balance that constitutes an accrued expense or trade payable; or

 

(f)            representing
any Hedging Obligations,

 

if and to the extent any of the preceding items (other than letters of
credit and Hedging Obligations) would appear as a liability upon a balance
sheet of the specified Person prepared in accordance with GAAP.  In addition, the term “Indebtedness”
includes all Indebtedness of others secured by a Lien on any asset of the
specified Person (whether or not such Indebtedness is assumed by the specified
Person) and, to the extent not otherwise included, the guarantee by the
specified Person of any indebtedness of any other Person.

 

The amount of
any Indebtedness outstanding as of any date will be:

 

(1)           the
accreted value of the Indebtedness, in the case of any Indebtedness issued with
original issue discount; and

 

I-6

 

(2)           the
principal amount of the Indebtedness, together with any interest on the
Indebtedness that is more than 30 days past due, in the case of any other
Indebtedness.

 

“Lien” means, with respect to any asset,
any mortgage, lien, pledge, charge, security interest or encumbrance of any
kind in respect of such asset, whether or not filed, recorded or otherwise
perfected under applicable law, including any conditional sale or other title
retention agreement, any lease in the nature thereof, any option or other
agreement to sell or give a security interest in and any filing of or agreement
to give any financing statement under the Uniform Commercial Code (or
equivalent statutes) of any jurisdiction.

 

“Note Guarantors” means each of the
Corporation’s present and future Subsidiaries that guarantees any of the Corporation’s
Credit Facilities.  At such time as a
Subsidiary no longer meets the definition of a Note Guarantor, it shall cease
to be a Note Guarantor and its guarantee shall be released.  The Subsidiaries meeting the definition of
Note Guarantors at the time of this Officers’ Certificate are set forth on
Exhibit A hereto.

 

“Permitted Liens” means:

 

(a)           with
respect to any Subsidiary, Liens in favor of the Corporation or any Note
Guarantor;

 

(b)           Liens
on property of a Person existing at the time such Person is merged with or into
or consolidated with the Corporation or any Subsidiary of the Corporation; provided that such Liens were in existence prior to the
contemplation of such merger or consolidation and do not extend to any assets
other than those of the Person merged into or consolidated with the Corporation
or the Subsidiary;

 

(c)           Liens
on property existing at the time of acquisition of the property by the
Corporation or any Subsidiary of the Corporation, provided that
such Liens were in existence prior to the contemplation of such acquisition;

 

(d)           Liens
to secure Indebtedness represented by Capital Lease Obligations relating to
long-term capital leases of satellite transponders used in the business of the
Corporation or any of its Subsidiaries (“Transponder Leases”);

 

(e)           Liens
to secure Indebtedness represented by Capital Lease Obligations (other than
Transponder Leases), mortgage financings or purchase money obligations, in each
case, incurred for the purpose of financing all or any part of the purchase
price or cost of construction or improvement of property, plant or equipment
used in the business of the Corporation or any of its Subsidiaries, in an
aggregate principal amount, including all Indebtedness incurred to refund,
refinance or replace any Indebtedness incurred pursuant to this clause, not to
exceed $100 million at any time outstanding;

 

I-7

 

(f)            Liens
to secure the performance of bids, trade contracts (other than for borrowed
money), statutory obligations, surety or appeal bonds, performance bonds or
other obligations of a like nature incurred in the ordinary course of business;

 

(g)           Liens
existing on the date hereof;

 

(h)           Liens
for taxes, assessments or governmental charges or claims that are not yet
delinquent or that are being contested in good faith by appropriate proceedings
promptly instituted and diligently concluded, provided that
any reserve or other appropriate provision as is required in conformity with
GAAP has been made therefor;

 

(i)            Liens
incurred in the ordinary course of business of the Corporation or any
Subsidiary of the Corporation with respect to obligations that do not exceed
$50 million at any one time outstanding;

 

(j)            Liens
arising pursuant to any order of attachment, distraint or similar legal process
arising in connection with court proceedings so long as the execution or other
enforcement thereof is effectively stayed and claims secured thereby are being
contested in good faith by appropriate proceedings;

 

(k)           Liens
created by operation of law not securing the payment of Indebtedness for money
borrowed or guaranteed, including carriers’, warehousemen’s, mechanics’,
materialmen’s, repairmen’s or other like Liens arising in the ordinary course
of business which are not overdue for a period of more than 45 days or
which are being contested in good faith by appropriate proceedings;

 

(l)            pledges
or deposits in connection with workers’ compensation, unemployment insurance
and other social security legislation and deposits securing liability to
insurance carriers under insurance or self-insurance arrangements;

 

(m)          easements,
rights-of-way, restrictions and other similar encumbrances incurred in the
ordinary course of business which, in the aggregate, would not cause a material
adverse effect on the Corporation’s and its Subsidiaries’ business, operations,
property, condition or prospects, taken as a whole;

 

(n)           leases
and subleases of real property which do not materially interfere with the
ordinary conduct of the Corporation’s or its Subsidiaries’ business;

 

(o)           Liens
arising from Uniform Commercial Code financing statement filings regarding
operating leases entered into by us or our Subsidiaries in the ordinary course
of business;

 

I-8

 

(p)           Liens
securing the Notes and the guarantees by the Note Guarantors; and

 

(q)           Liens
securing any Indebtedness incurred to refinance, refund, replace, renew, repay
or extend any Indebtedness that was previously so secured, provided that any
such Lien is limited to all or part of the same property or assets (plus
improvements, accessions, proceeds or dividends or distributions in respect
thereof) that secured (or, under the written arrangements under which the
original Lien arose, could secure) the Indebtedness being refinanced.

 

I-9

 

EXHIBIT A TO
ANNEX I

 

Fonohits Music Publishing, Inc.

Fonomusic, Inc.

Fonovisa, Inc.

Galavision, Inc.

HPN Numbers, Inc.

KAKW License Partnership, L.P.

KDTV License Partnership, G.P.

KFTV License Partnership, G.P.

KMEX License Partnership, G.P.

KTVW License Partnership, G.P.

KUVI License Partnership, G.P.

KUVN License Partnership, L.P.

KUVS License Partnership, G.P.

KWEX License Partnership, L.P.

KXLN License Partnership, L.P.

PTI Holdings, Inc.

Station Works, LLC

Sunshine Acquisition Corp.

Telefutura Albuquerque LLC

Telefutura Bakersfield LLC

Telefutura Boston LLC

Telefutura Chicago LLC

Telefutura D.C. LLC

Telefutura Dallas LLC

Telefutura Fresno LLC

Telefutura Houston LLC

Telefutura Los Angeles LLC

Telefutura Miami LLC

Telefutura Network

Telefutura of San Francisco, Inc.

Telefutura Orlando, Inc.

Telefutura Partnership of Douglas

Telefutura Partnership of Flagstaff

Telefutura Partnership of Floresville

Telefutura Partnership of Phoenix

Telefutura Partnership of San Antonio

Telefutura Partnership of Tucson

Telefutura Sacramento LLC

Telefutura San
Francisco LLC

Telefutura Southwest LLC

Telefutura Tampa LLC

Telefutura Television Group, Inc.

The Univision Network Limited Partnership

Univision Atlanta LLC

Univision Cleveland LLC

 

A-1

 

Univision Investments, Inc.

Univision Management Co.

Univision Music LLC

Univision Music, Inc.

Univision New York LLC

Univision of Atlanta Inc.

Univision of New Jersey Inc.

Univision of Puerto Rico Inc.

Univision Online, Inc.

Univision Philadelphia LLC

Univision Television Group, Inc.

Univision Texas Stations LLC

Univision-EV Holdings, LLC

UVN Texas L.P.

WGBO License Partnership, G.P.

WLTV License Partnership, G.P.

WXTV License Partnership, G.P.

Univision Radio

HBC Broadcasting Puerto Rico, L.P.

HBC Broadcasting Texas, L.P.

HBC Florida, LLC

HBC Fresno, Inc.

HBC GP, Inc.

HBC Houston License Corporation

HBC Illinois, Inc.

HBC Investments, Inc.

HBC-Las Vegas, Inc.

HBC License Corporation

HBC Los Angeles, Inc.

HBC Management Company, Inc.

HBC New Mexico, Inc.

HBC New York, Inc.

HBC Phoenix, Inc.

HBC Puerto Rico, Inc.

HBC Sacramento, Inc.

HBC Sales Integration, Inc.

HBC San Diego, Inc.

HBC Tower Company, Inc.

HBCi, LLC

KCYT-FM License Corp.

KECS-FM License Corp.

KESS-AM License Corp.

KESS-TV License Corp.

KHCK-FM License Corp.

KICI-AM License Corp.

KICI-FM License Corp.

 

A-2

 

KLSQ-AM License Corp.

KLVE-FM License Corp.

KMRT-AM License Corp.

KTNQ-AM License Corp.

License Corp. No. 1

License Corp. No. 2

Mi Casa Publications, Inc.

Momentum Research, Inc.

Spanish Coast-to-Coast Ltd.

T C Television, Inc.

Tichenor License Corp.

TMS Assets California, Inc.

TMS License California, Inc.

WADO-AM License Corp.

WADO Radio, Inc.

WLXX-AM License Corp.

WPAT-AM License Corp.

WQBA-AM License Corp.

WQBA-FM License Corp.

Univision of Raleigh, Inc.

WUVC License
Partnership, G.P.

 

A-3

 

EXHIBIT B TO
ANNEX I

 

[FORM OF
SUPPLEMENTAL INDENTURE

TO BE DELIVERED BY INITIAL GUARANTORS]

 

SUPPLEMENTAL INDENTURE (this “Supplemental
Indenture”), dated as of October 15, 2003, among the guarantors set forth
on Schedule I hereto (the “Guaranteeing Subsidiaries”), Univision
Communications Inc., a Delaware corporation (the “Corporation”), and The Bank
of New York, as trustee under the indenture referred to below (the “Trustee”).

 

W I T N E S S
E T H

 

WHEREAS, the Corporation has heretofore
executed and delivered to the Trustee an indenture, dated as of July 18,
2001, as previously supplemented and as now concurrently supplemented by that
certain Officers’ Certificate, dated as of October 15, 2003 (together, the
“Indenture”), providing for the issuance of aggregate principal amounts of
$250,000,000 of 2.875%, Senior Notes Due 2006 of the Corporation (the “2006
Notes”), $200,000,000 of 3.500% Senior Notes Due 2007 of the Corporation (the
“2007 Notes”) and $250,000,000 of 3.875% Senior Notes Due 2008 of the Corporation
(the “2008 Notes” and together with the 2006 Notes and the 2007 Notes, the
“Notes”);

 

WHEREAS, the Indenture provides that the
Guaranteeing Subsidiaries shall execute and deliver to the Trustee a
supplemental indenture pursuant to which the Guaranteeing Subsidiaries shall
unconditionally guarantee all of the Corporation’s Obligations under the Notes
and the Indenture on the terms and conditions set forth herein (the “Note
Guarantee”); and

 

WHEREAS, pursuant to Section 901 of the
Indenture, the Trustee is authorized to execute and deliver this Supplemental
Indenture.

 

NOW THEREFORE, in consideration of the
foregoing and for other good and valuable consideration, the receipt of which
is hereby acknowledged, the parties mutually covenant and agree for the equal
and ratable benefit of the Holders of the Notes as follows:

 

1.             CAPITALIZED
TERMS.  Capitalized terms used herein
without definition shall have the meanings assigned to them in the Indenture.

 

2.             AGREEMENT TO
GUARANTEE.  The Guaranteeing Subsidiaries
hereby agree that, with respect to the Notes only, the provisions of the
Indenture, including but not limited to Article XIV, shall apply to the Guaranteeing
Subsidiaries.

 

3.             RELEASES.

 

(a)           In the event that any Guaranteeing
Subsidiary is no longer a guarantor of any of the Corporation’s Credit
Facilities, such Guaranteeing Subsidiary, on a date selected by the Corporation
or such Guaranteeing Subsidiary, shall be unconditionally released from all of
its obligations under its Note Guarantee.

 

B-1

 

(b)           Any
Guaranteeing Subsidiary not released from its obligations under its Note
Guarantee shall remain liable for the full amount of principal of and interest
on the Notes and for the other obligations of any Guarantor under the
Indenture.

 

4.             NEW
YORK LAW TO GOVERN.  THIS SUPPLEMENTAL
INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF.

 

5.             COUNTERPARTS.  The parties may sign any number of copies of
this Supplemental Indenture.  Each
signed copy shall be an original, but all of them together represent the same
agreement.

 

6.             EFFECT
OF HEADINGS.  The Section headings
herein are for convenience only and shall not affect the construction hereof.

 

7.             THE
TRUSTEE.  The Trustee shall not be
responsible in any manner whatsoever for or in respect of the validity or
sufficiency of this Supplemental Indenture or for or in respect of the recitals
contained herein, all of which recitals are made solely by the Guaranteeing
Subsidiaries and the Corporation.

 

[Signatures on Next Pages]

 

B-2

 

 

IN WITNESS WHEREOF, the parties hereto have
caused this Supplemental Indenture to be duly executed as of the date first
above written.

 

Dated: October
15, 2003

 

	
   

  	
   

  	
  THE UNIVISION NETWORK LIMITED

  PARTNERSHIP

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Univision Communications Inc., general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Executive Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  FONOHITS MUSIC PUBLISHING, INC.

  
	
   

  	
   

  	
  FONOMUSIC, INC.

  	
   

  
	
   

  	
   

  	
  FONOVISA, INC.

  	
   

  
	
   

  	
   

  	
  PTI HOLDINGS, INC.

  	
   

  
	
   

  	
   

  	
  SUNSHINE ACQUISITION CORP.

  	
   

  
	
   

  	
   

  	
  UNIVISION ONLINE, INC.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Robert V. Cahill

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  UNIVISION EV-HOLDINGS, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Robert V. Cahill

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Authorized Signatory

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  GALAVISION, INC.

  	
   

  
	
   

  	
   

  	
  TELEFUTURA NETWORK

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TELEFUTURA OF SAN FRANCISCO, INC.

  	
   

  
	
   

  	
   

  	
  TELEFUTURA ORLANDO, INC.

  	
   

  
	
   

  	
   

  	
  TELEFUTURA TELEVISION GROUP, INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION INVESTMENTS, INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION MANAGEMENT CO.

  	
   

  
	
   

  	
   

  	
  UNIVISION MUSIC, INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION OF ATLANTA, INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION OF NEW JERSEY INC.

  	
   

  
												

 

B-3

 

	
   

  	
   

  	
  UNIVISION OF PUERTO RICO INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION OF RALEIGH, INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION RADIO

  	
   

  
	
   

  	
   

  	
  UNIVISION TELEVISION GROUP, INC.

  	
   

  
	
   

  	
   

  	
  HBC FRESNO, INC.

  	
   

  
	
   

  	
   

  	
  HBC GP, INC.

  	
   

  
	
   

  	
   

  	
  HBC HOUSTON LICENSE CORPORATION

  	
   

  
	
   

  	
   

  	
  HBC ILLINOIS, INC.

  	
   

  
	
   

  	
   

  	
  HBC INVESTMENTS, INC.

  	
   

  
	
   

  	
   

  	
  HBC-LAS VEGAS, INC.

  	
   

  
	
   

  	
   

  	
  HBC LICENSE CORPORATION

  	
   

  
	
   

  	
   

  	
  HBC LOS ANGELES, INC.

  	
   

  
	
   

  	
   

  	
  HBC MANAGEMENT COMPANY, INC.

  	
   

  
	
   

  	
   

  	
  HBC NEW MEXICO, INC.

  	
   

  
	
   

  	
   

  	
  HBC NEW YORK, INC.

  	
   

  
	
   

  	
   

  	
  HBC PHOENIX, INC.

  	
   

  
	
   

  	
   

  	
  HBC PUERTO RICO, INC.

  	
   

  
	
   

  	
   

  	
  HBC SACRAMENTO, INC.

  	
   

  
	
   

  	
   

  	
  HBC SALES INTEGRATION, INC.

  	
   

  
	
   

  	
   

  	
  HBC SAN DIEGO, INC.

  	
   

  
	
   

  	
   

  	
  HBC TOWER COMPANY, INC.

  	
   

  
	
   

  	
   

  	
  KCYT-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KECS-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KESS-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KESS-TV LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KHCK-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KICI-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KICI-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KLSQ-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KLVE-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KMRT-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KTNQ-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  LICENSE CORP. NO. 1

  	
   

  
	
   

  	
   

  	
  LICENSE CORP. NO. 2

  	
   

  
	
   

  	
   

  	
  MI CASA PUBLICATIONS, INC.

  	
   

  
	
   

  	
   

  	
  MOMENTUM RESEARCH, INC.

  	
   

  
	
   

  	
   

  	
  SPANISH COAST-TO-COAST LTD.

  	
   

  
	
   

  	
   

  	
  TC TELEVISION, INC.

  	
   

  
	
   

  	
   

  	
  TICHENOR LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  TMS ASSETS CALIFORNIA, INC.

  	
   

  
	
   

  	
   

  	
  TMS LICENSE CALIFORNIA, INC.

  	
   

  
	
   

  	
   

  	
  WADO-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  WADO RADIO, INC.

  	
   

  
	
   

  	
   

  	
  WLXX-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  WPAT-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  WQBA-AM LICENSE CORP.

  	
   

  

 

B-4

 

	
   

  	
   

  	
  WQBA-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  HBC BROADCASTING TEXAS, L.P.

  	
   

  
	
   

  	
   

  	
  HBC BROADCASTING PUERTO RICO, L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  HBC GP, Inc., general partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  HBCi, LLC

  	
   

  
	
   

  	
   

  	
  HBC FLORIDA, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Univision Radio, manager

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TELEFUTURA SAN FRANCISCO LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Telefutura of San Francisco, Inc., member

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  UNIVISION NEW YORK LLC

  	
   

  
	
   

  	
   

  	
  UNIVISION PHILADELPHIA LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Univision of New Jersey Inc., member

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  STATIONS WORKS, LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA ALBUQUERQUE LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA BAKERSFIELD LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA BOSTON LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA CHICAGO LLC

  	
   

  
													

 

B-5

 

	
   

  	
   

  	
  TELEFUTURA D.C. LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA DALLAS LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA FRESNO LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA HOUSTON LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA LOS ANGELES LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA MIAMI LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA SACRAMENTO LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA SOUTHWEST LLC

  	
   

  
	
   

  	
   

  	
  TELEFUTURA TAMPA LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Telefutura Television Group, Inc., member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF DOUGLAS

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF FLAGSTAFF

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF FLORESVILLE

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF PHOENIX

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF SAN ANTONIO

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF TUCSON

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Telefutura Television Group, Inc., general partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  UNIVISION MUSIC LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Univision Music, Inc., managing member

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
									

 

B-6

 

	
   

  	
   

  	
  UNIVISION ATLANTA LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Univision of Atlanta Inc., member

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  WUVC LICENSE PARTNERSHIP, G.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Univision of Raleigh, Inc., general partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  KAKW LICENSE PARTNERSHIP, L.P.

  	
   

  
	
   

  	
   

  	
  UVN TEXAS L.P.

  	
   

  
	
   

  	
   

  	
  KDTV LICENSE PARTNERSHIP, G.P.

  	
   

  
	
   

  	
   

  	
  KFTV LICENSE PARTNERSHIP, G.P.

  	
   

  
	
   

  	
   

  	
  KMEX LICENSE PARTNERSHIP, G.P.

  	
   

  
	
   

  	
   

  	
  KTVW LICENSE PARTNERSHIP, G.P.

  	
   

  
	
   

  	
   

  	
  KUVI LICENSE PARTNERSHIP, G.P.

  	
   

  
	
   

  	
   

  	
  KUVN LICENSE PARTNERSHIP, L.P.

  	
   

  
	
   

  	
   

  	
  KUVS LICENSE PARTNERSHIP, G.P.

  	
   

  
	
   

  	
   

  	
  KWEX LICENSE PARTNERSHIP, L.P.

  	
   

  
	
   

  	
   

  	
  KXLN LICENSE PARTNERSHIP, L.P.

  	
   

  
	
   

  	
   

  	
  WGBO LICENSE PARTNERSHIP, G.P.

  	
   

  
	
   

  	
   

  	
  WLTV LICENSE PARTNERSHIP, G.P.

  	
   

  
	
   

  	
   

  	
  WXTV LICENSE PARTNERSHIP, G.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Univision Television Group, Inc., general partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  UNIVISION CLEVELAND LLC

  	
   

  
	
   

  	
   

  	
  UNIVISION TEXAS STATIONS LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Univision Television Group, Inc., member

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
											

 

B-7

 

	
   

  	
   

  	
  HPN NUMBERS, INC.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  UNIVISION COMMUNICATIONS INC.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:  Executive Vice
  President

  	
   

  

 

B-8

 

	
   

  	
   

  	
  THE BANK OF NEW YORK, as Trustee

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Authorized Signatory

  	
   

  
								

 

B-9

 

SCHEDULE I

 

SCHEDULE OF
INITIAL GUARANTORS

 

Fonohits Music Publishing, Inc.

Fonomusic, Inc.

Fonovisa, Inc.

Galavision, Inc.

HPN Numbers, Inc.

KAKW License Partnership, L.P.

KDTV License Partnership, G.P.

KFTV License Partnership, G.P.

KMEX License Partnership, G.P.

KTVW License Partnership, G.P.

KUVI License Partnership, G.P.

KUVN License Partnership, L.P.

KUVS License Partnership, G.P.

KWEX License Partnership, L.P.

KXLN License Partnership, L.P.

PTI Holdings, Inc.

Station Works, LLC

Sunshine Acquisition Corp.

Telefutura Albuquerque LLC

Telefutura Bakersfield LLC

Telefutura Boston LLC

Telefutura Chicago LLC

Telefutura D.C. LLC

Telefutura Dallas LLC

Telefutura Fresno LLC

Telefutura Houston LLC

Telefutura Los Angeles LLC

Telefutura Miami LLC

Telefutura Network

Telefutura of San Francisco, Inc.

Telefutura Orlando, Inc.

Telefutura Partnership of Douglas

Telefutura Partnership of Flagstaff

Telefutura Partnership of Floresville

Telefutura Partnership of Phoenix

Telefutura Partnership of San Antonio

Telefutura Partnership of Tucson

Telefutura Sacramento LLC

Telefutura San
Francisco LLC

Telefutura Southwest LLC

Telefutura Tampa LLC

Telefutura Television Group, Inc.

The Univision Network Limited Partnership

 

B-10

 

Univision Atlanta LLC

Univision Cleveland LLC

Univision Investments, Inc.

Univision Management Co.

Univision Music LLC

Univision Music, Inc.

Univision New York LLC

Univision of Atlanta Inc.

Univision of New Jersey Inc.

Univision of Puerto Rico Inc.

Univision Online, Inc.

Univision Philadelphia LLC

Univision Television Group, Inc.

Univision Texas Stations LLC

Univision-EV Holdings, LLC

UVN Texas L.P.

WGBO License Partnership, G.P.

WLTV License Partnership, G.P.

WXTV License Partnership, G.P.

Univision Radio

HBC Broadcasting Puerto Rico, L.P.

HBC Broadcasting Texas, L.P.

HBC Florida, LLC

HBC Fresno, Inc.

HBC GP, Inc.

HBC Houston License Corporation

HBC Illinois, Inc.

HBC Investments, Inc.

HBC-Las Vegas, Inc.

HBC License Corporation

HBC Los Angeles, Inc.

HBC Management Company, Inc.

HBC New Mexico, Inc.

HBC New York, Inc.

HBC Phoenix, Inc.

HBC Puerto Rico, Inc.

HBC Sacramento, Inc.

HBC Sales Integration, Inc.

HBC San Diego, Inc.

HBC Tower Company, Inc.

HBCi, LLC

KCYT-FM License Corp.

KECS-FM License Corp.

KESS-AM License Corp.

KESS-TV License Corp.

KHCK-FM License Corp.

 

B-11

 

KICI-AM License Corp.

KICI-FM License Corp.

KLSQ-AM License Corp.

KLVE-FM License Corp.

KMRT-AM License Corp.

KTNQ-AM License Corp.

License Corp. No. 1

License Corp. No. 2

Mi Casa Publications, Inc.

Momentum Research, Inc.

Spanish Coast-to-Coast Ltd.

T C Television, Inc.

Tichenor License Corp.

TMS Assets California, Inc.

TMS License California, Inc.

WADO-AM License Corp.

WADO Radio, Inc.

WLXX-AM License Corp.

WPAT-AM License Corp.

WQBA-AM License Corp.

WQBA-FM License Corp.

Univision of Raleigh, Inc.

WUVC License
Partnership, G.P.

 

B-12

 

EXHIBIT C TO
ANNEX I

 

[FORM OF
SUPPLEMENTAL INDENTURE

 

TO BE
DELIVERED BY ADDITIONAL GUARANTORS]

 

SUPPLEMENTAL INDENTURE (this “Supplemental
Indenture”), dated as of
                   ,
                   
, among
                   
                   
(the “Guaranteeing Subsidiary”), Univision Communications Inc., a Delaware
corporation (the “Corporation”), other Guarantors (as defined in the Indenture
referred to herein) and The Bank of New York, as trustee under the indenture
referred to below (the “Trustee”).

 

W I T N E S S
E T H

 

WHEREAS, the Corporation has heretofore
executed and delivered to the Trustee an indenture, dated as of July 18,
2001, as previously supplemented, including, without limitation, by that
certain Officers’ Certificate, dated as of October 15, 2003 and that
certain Supplemental Indenture, dated as of October 15, 2003 (together,
the “Indenture”), providing for the issuance of aggregate principal amounts of
$250,000,000 of 2.875% Senior Notes Due 2006 of the Corporation (the “2006
Notes”), $200,000,000 of 3.500% Senior Notes Due 2007 of the Corporation (the
“2007 Notes”) and $250,000,000 of 3.875% Senior Notes Due 2008 of the
Corporation (the “2008 Notes” and, together with the 2006 Notes and the 2007
Notes, the “Notes”);

 

WHEREAS, the Indenture provides that the
Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental
indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally
guarantee all of the Corporation’s Obligations under the Notes and the
Indenture on the terms and conditions set forth herein (the “Note Guarantee”);
and

 

WHEREAS, pursuant to Section 901 of the
Indenture, the Trustee is authorized to execute and deliver this Supplemental
Indenture.

 

NOW THEREFORE, in consideration of the
foregoing and for other good and valuable consideration, the receipt of which
is hereby acknowledged, the parties mutually covenant and agree for the equal
and ratable benefit of the Holders of the Notes as follows:

 

1.             CAPITALIZED
TERMS.  Capitalized terms used herein
without definition shall have the meanings assigned to them in the Indenture.

 

2.             AGREEMENT TO
GUARANTEE.  The Guaranteeing Subsidiary
hereby agrees that, with respect to the Notes only, the provisions of the
Indenture, including but not limited to Article XIV, shall apply to the Guaranteeing
Subsidiary.

 

3.             RELEASES.

 

(a)           In the event that the Guaranteeing
Subsidiary is no longer a guarantor of any of the Corporation’s Credit
Facilities, the Guaranteeing Subsidiary, on a date selected by the

 

C-1

 

Corporation or the Guaranteeing Subsidiary,
shall be unconditionally released from all of its obligations under its Note
Guarantee.

 

(b)           So long as the Guaranteeing Subsidiary is
not released from its obligations under its Note Guarantee, it shall remain
liable for the full amount of principal of and interest on the Notes and for
the other obligations of any Guarantor under the Indenture.

 

4.             NEW YORK LAW TO
GOVERN.  THIS SUPPLEMENTAL INDENTURE
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF.

 

5.             COUNTERPARTS.  The parties may sign any number of copies of
this Supplemental Indenture.  Each
signed copy shall be an original, but all of them together represent the same
agreement.

 

6.             EFFECT OF
HEADINGS.  The Section headings herein
are for convenience only and shall not affect the construction hereof.

 

7.             THE TRUSTEE.  The Trustee shall not be responsible in any
manner whatsoever for or in respect of the validity or sufficiency of this
Supplemental Indenture or for or in respect of the recitals contained herein,
all of which recitals are made solely by the Guaranteeing Subsidiary and the
Corporation.

 

[Signatures
on Next Page]

 

C-2

 

IN WITNESS
WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed as of the date first above written.

 

	
  Dated:

  
	
   

  
	
  [GUARANTEEING
  SUBSIDIARY]

  
	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  
	
  Title:

  
	
   

  
	
  UNIVISION
  COMMUNICATIONS INC.

  
	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  
	
  Title:

  
	
   

  
	
  [OTHER GUARANTORS]

  
	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  
	
  Title:

  
	
   

  
	
  THE BANK OF
  NEW YORK, as Trustee

  
	
   

  
	
  By:

  	
   

  	
   

  
	
  Authorized
  Signatory

  
					

 

C-3

 

ANNEX II

 

[Form of Certificate
Evidencing the Notes]

 

[Insert for
Notes issued as Global Securities:]

 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE
MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME
OF A DEPOSITARY OR A NOMINEE THEREOF. 
THIS SECURITY MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY
REGISTERED, AND NO TRANSFER OF THIS SECURITY IN WHOLE OR IN PART MAY BE
REGISTERED, IN THE NAME OF ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE
THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

 

[Insert for Notes
issued in the name of the Depositary’s nominee:]

 

UNLESS THIS CERTIFICATE IS PRESENTED BY AN
AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITARY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR
VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED
OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

 

II-1

 

·% SENIOR NOTES DUE [2006]
[2007] [2008]

 

UNIVISION
COMMUNICATIONS INC.

 

	
  No.·

  	
   

  	
  $·

  

 

CUSIP No.·

 

Univision Communications Inc., a corporation
duly organized and existing under the laws of the State of Delaware (herein
called the “Corporation,” which term includes any successor Person under the Indenture
hereinafter referred to), for value received, hereby promises to pay to ·
or registered assigns, the principal sum of ·
Dollars ($ ·) on October 15, [2006] [2007] [2008], and
to pay interest thereon from October ·, 2003 or from the
most recent date to which interest has been paid or duly provided for,
semi-annually, on April 15 and October 15 in each year (each, an
“Interest Payment Date”), commencing on April 15, 2004, and at Maturity at
the rate of ·% per annum, until the principal hereof is paid or
made available for payment, provided further, that any principal hereof or
premium, if any, or interest hereon which is not paid when due shall bear
interest at the then applicable rate per annum (to the extent that the payment
of such interest shall be legally enforceable) from the dates such amounts are
due until they are paid or made available for payment, and such interest shall
be payable on demand.

 

Interest on this Security shall be calculated
on the basis of a 360-day year consisting of twelve 30-day months. The interest
so payable, and punctually paid or duly provided for, on any Interest Payment
Date will, as provided in such Indenture, be paid to the Person in whose name
this Security (or one or more Predecessor Securities) is registered at the
close of business on the Regular Record Date for such interest, which shall be
the April 1 or October 1 (whether or not a Business Day), as the case
may be, next preceding such Interest Payment Date. Any such interest not so
punctually paid or duly provided for on any Interest Payment Date will
forthwith cease to be payable to the Holder on such Regular Record Date by
virtue of having been such Holder and may either be paid to the Person in whose
name this Security (or one or more Predecessor Securities) is registered at the
close of business on a Special Record Date for the payment of such Defaulted
Interest to be fixed by the Trustee, notice whereof shall be given to Holders
of Securities of this series not less than 10 days prior to such Special Record
Date, or be paid at any time in any other lawful manner not inconsistent with
the requirements of any securities exchange on which the Securities of this
series may be listed, and upon such notice as may be required by such exchange,
all as more fully provided in said Indenture.

 

Payment of the principal of and premium, if
any, and interest on this Security will be made at the office or agency of the
Corporation maintained for that purpose in the Borough of Manhattan, The City
of New York, in such coin or currency of the United States of America as at the
time of payment is legal tender for payment of public and private debts; provided, however,
that at the option of the Corporation payment of interest may be made by check
mailed to the address of the Person entitled thereto as such address shall
appear in the Security Register or by wire transfer at such place and to such
account at a banking institution in the United States as may be designated in
writing to the Trustee at least 15 days prior to the date for payment by
the Person entitled thereto. 
Notwithstanding the foregoing, so long as the Holder of this Security is

 

II-2

 

the Depositary
or its nominee, payment of the principal of (and premium, if any) and interest
on this Security will be made by wire transfer of immediately available funds.

 

Reference is hereby made to the further
provisions of this Security set forth on the reverse hereof, which further
provisions shall for all purposes have the same effect as if set forth at this
place.

 

Unless the certificate of authentication
hereon has been executed by the Trustee referred to on the reverse hereof by
manual signature, this Security shall not be entitled to any benefit under the
Indenture or be valid or obligatory for any purpose.

 

[Signatures on Next Page]

 

II-3

 

IN WITNESS WHEREOF, the Corporation has
caused this instrument to be duly executed.

 

	
  Dated:

  	
  , 200·

  
	
   

  	
   

  
	
   

  	
  UNIVISION
  COMMUNICATIONS INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Attest:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
						

 

This is one of the Securities of the series
designated therein referred to in the within-mentioned Indenture.

 

	
  THE BANK OF
  NEW YORK, as Trustee

  
	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  
	
  Title:

  
	
   

  
	
  Dated:

  

 

II-4

 

[Form of Reverse of
Security]

 

This Security is one of a duly authorized
issue of securities of the Corporation (herein called the “Securities”), issued
and to be issued in one or more series under an Indenture, dated as of
July 18, 2001, as amended and supplemented (herein called the “Indenture,”
which term shall have the meaning assigned to it in such instrument), between
the Corporation and The Bank of New York, as Trustee (herein called the
“Trustee,” which term includes any successor trustee under the Indenture), and
reference is hereby made to the Indenture for a statement of the respective
rights, limitation of rights, duties and immunities thereunder of the
Corporation, the Trustee and the Holders of the Securities and of the terms
upon which the Securities are, and are to be, authenticated and delivered.  This Security is one of the series
designated on the face hereof, initially limited (subject to exceptions
provided in the Indenture) in aggregate principal amount to $·,000,000.

 

The Securities are redeemable, as a whole or
from time to time in part, at the option of the Corporation.  The Redemption Price for the Securities to
be redeemed on any Redemption Date will be equal to the greater of the
following amounts:

 

(a)           100%
of the principal amount of the Securities being redeemed on the Redemption
Date; and

 

(b)           the
sum of the present values of the remaining scheduled payments of principal and
interest on the Securities being redeemed on that Redemption Date (not including
any portion of any payments of interest accrued to the Redemption Date)
discounted to the Redemption Date on a semiannual basis at the Adjusted
Treasury Rate plus · basis points, as
determined by the Reference Treasury Dealer,

 

plus, in each
case, accrued and unpaid interest, if any, thereon to the Redemption Date.
Notwithstanding the foregoing, installments of interest on the Securities that
are due and payable on Interest Payment Dates falling on or prior to a
Redemption Date will be payable on the Interest Payment Date to the registered
Holders as of the close of business on the relevant Regular Record Date
according to the Securities and the Indenture. 
The Redemption Price will be calculated on the basis of a 360-day year
consisting of twelve 30-day months.

 

As used herein, the following terms have the
meanings set forth below:

 

“Adjusted Treasury Rate” means, with
respect to any Redemption Date, the rate per annum equal to the semiannual
equivalent yield to maturity of the Comparable Treasury Issue, assuming a price
for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for such Redemption Date.

 

“Comparable Treasury Issue” means the
United States Treasury security selected by the Reference Treasury Dealer as
having a maturity comparable to the remaining term of the Securities of this
series to be redeemed that would be utilized, at the time of selection and in
accordance with customary financial practice, in pricing new issues of
corporate debt securities of comparable maturity to the remaining term of such
Securities.

 

II-5

 

“Comparable Treasury Price” means, with
respect to any Redemption Date, (a) the average of the Reference Treasury
Dealer Quotations for such Redemption Date, after excluding the highest and
lowest of such Reference Treasury Dealer Quotations, or (b) if the Trustee
obtains fewer than three such Reference Treasury Dealer Quotations, the average
of all such quotations, or (c) if only one Reference Treasury Dealer
Quotation is received, such quotation.

 

“Reference Treasury Dealer” means (a)
Citigroup Capital Markets Inc. and UBS Securities LLC (or their respective
affiliates which are Primary Treasury Dealers), and their respective
successors; provided, however, that if any of the foregoing
shall cease to be a primary U.S. Government Securities dealer in New York City
or Stamford, Connecticut (a “Primary Treasury Dealer”), the Corporation will
substitute therefor another Primary Treasury Dealer; and (b) any other
Primary Treasury Dealer(s) selected by the Trustee after consultation with the
Corporation.

 

“Reference Treasury Dealer Quotation”
means, with respect to each Reference Treasury Dealer and any Redemption Date,
the average, as determined by the Trustee, of the bid and asked prices for the
Comparable Treasury Issue (expressed in each case as a percentage of its
principal amount) quoted in writing to the Trustee by such Reference Treasury
Dealer at 5:00 p.m. (New York City time) on the third business day
preceding such Redemption Date.

 

The Corporation will mail notice of any
redemption at least 30 days but not more than 60 days before the Redemption
Date to each registered Holder of the Securities to be redeemed. Once notice of
redemption is mailed, the Securities called for redemption will become due and
payable on the Redemption Date and at the applicable Redemption Price, plus
accrued and unpaid interest, to the Redemption Date.  Notices of redemption are irrevocable.

 

Unless the Corporation defaults in payment of
the Redemption Price, on and after the Redemption Date, interest will cease to
accrue on the Securities or portions thereof called for redemption.

 

In the event of redemption of this Security
in part only, a new Security or Securities of this series and of like tenor for
the unredeemed portion hereof will be issued in the name of the Holder hereof
upon the cancellation hereof.

 

The Indenture contains provisions for
defeasance at any time of the entire indebtedness of this Security or certain
restrictive covenants and Events of Default with respect to this Security, in
each case upon compliance with certain conditions set forth in the Indenture.

 

The obligations of the Corporation under this
Security are unconditionally guaranteed on a senior basis pursuant to the
Guarantee endorsed hereon.

 

If an Event of Default with respect to
Securities of this series shall occur and be continuing, the principal of and
accrued and unpaid interest on the Securities of this series may be declared
due and payable in the manner and with the effect provided in the Indenture.

 

The Indenture permits, with certain
exceptions as therein provided, the amendment thereof and the modification of
the rights and obligations of the Corporation and the rights of the

 

II-6

 

Holders of the
Securities of each series affected under the Indenture at any time by the
Corporation and the Trustee with the consent of the Holders of a majority in principal
amount of the Securities of each series at the time Outstanding affected
thereby.  The Indenture contains
provisions permitting the Holders of not less than a majority in principal
amount of the Securities of any series at the time Outstanding with respect to
which a default under the Indenture shall have occurred and be continuing, on
behalf of the Holders of all Securities of such series, to waive, with certain
exceptions, such past default with respect to such series and its consequences.  The Indenture also permits the Holders of
not less than a majority in principal amount of the Securities of any series at
the time Outstanding, on behalf of the Holders of all Securities of such
series, to waive compliance by the Corporation with certain provisions of the
Indenture.  Any such consent or waiver
by the Holder of this Security shall be conclusive and binding upon such Holder
and upon all future Holders of this Security and of any Security issued upon
the registration of transfer hereof or in exchange therefor or in lieu hereof,
whether or not notation of such consent or waiver is made upon this Security.

 

As provided in and subject to the provisions
of the Indenture, the Holder of this Security shall not have the right to
institute any proceeding with respect to the Indenture or for the appointment
of a receiver or trustee or for any other remedy thereunder unless such Holder
shall have previously given the Trustee written notice of a continuing Event of
Default with respect to the Securities of this series, the Holders of not less
than 25% in principal amount of the Securities of this series at the time
Outstanding shall have made written request to the Trustee to institute
proceedings in respect of such Event of Default as Trustee, such Holder or Holders
shall have offered the Trustee reasonable indemnity, and the Trustee, for
60 days after its receipt of such notice, shall not have received from the
Holders of a majority in principal amount of Securities of this series at the
time Outstanding a direction inconsistent with such request, and the Trustee
shall have failed to institute any such proceeding, for 60 days after receipt
of such notice, request and offer of indemnity.  The foregoing shall not apply to any suit instituted by the
Holder of this Security for the enforcement of any payment of principal hereof
or any premium or interest hereon on or after the respective due dates
expressed herein.

 

No reference herein to the Indenture and no
provision of this Security or of the Indenture shall alter or impair the
obligation of the Corporation, which is absolute and unconditional, to pay the
principal of and premium, if any, and interest on this Security at the times,
place and rate, and in the coin or currency, herein prescribed.

 

As provided in the Indenture and subject to
certain limitations therein set forth, the transfer of this Security is
registrable in the Security Register, upon surrender of this Security for
registration of transfer at the office or agency of the Corporation in any
place where the principal of and any premium and interest on this Security are
payable, duly endorsed by, or accompanied by a written instrument of transfer
in form satisfactory to the Corporation and the Security Registrar duly
executed by, the Holder hereof or his attorney duly authorized in writing, and
thereupon one or more new Securities of this series and of like tenor, of
authorized denominations and for the same aggregate principal amount, will be
issued to the designated transferee or transferees.

 

The Securities of this series are issuable
only in registered form without coupons in denominations of $1,000 and any
integral multiple thereof.  As provided
in the Indenture and

 

II-7

 

subject to
certain limitations therein set forth, Securities of this series are
exchangeable for a like aggregate principal amount of Securities of this series
and of like tenor of a different authorized denomination, as requested by the
Holder surrendering the same.

 

No service charge shall be made for any such
registration of transfer or exchange, but the Corporation may require payment
of a sum sufficient to cover any tax or other governmental charge payable in
connection therewith.

 

Prior to due presentment of this Security for
registration of transfer, the Corporation, the Trustee and any agent of the
Corporation or the Trustee may treat the Person in whose name this Security is
registered as the owner hereof for all purposes, whether or not this Security
be overdue, and neither the Corporation, the Trustee nor any such agent shall
be affected by notice to the contrary.

 

THIS SECURITY SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD
TO CONFLICT OF LAW PRINCIPLES THEREOF.

 

All terms used in this Security which are
defined in the Indenture and not defined herein shall have the meanings
assigned to them in the Indenture.

 

[Remainder of Page Intentionally Left Blank]

 

II-8

 

[Form of Guarantee
of Notes]

 

GUARANTEE

 

FOR VALUE RECEIVED, each of the undersigned
hereby unconditionally guarantees to the Holder of the accompanying ·%
Senior Notes Due [2006] [2007] [2008] (the “Security”) issued by Univision
Communications Inc. (the “Corporation”) under an Indenture dated as of
July 18, 2001, as amended and supplemented (the “Indenture”), between the
Corporation and The Bank of New York, as trustee (the “Trustee”), and to the
Trustee on behalf of such Holder, the due and punctual payment of the principal
of, and premium, if any, and interest on such Security, in each case when and
as the same shall become due and payable, whether at the Stated Maturity, by
declaration of acceleration, call for redemption or otherwise, in accordance
with the terms of such Security and of the Indenture.  In case of the failure of the Corporation punctually to make any
such payment of principal, premium, if any, or interest, whether at Stated
Maturity, by declaration of acceleration, call for redemption or otherwise, each
of the undersigned hereby agrees to cause such payment to be made punctually
when and as the same shall become due and payable, whether at Stated Maturity
or by declaration of acceleration, call for redemption or otherwise, and as if
such payment were made by the Corporation. 
Each of the undersigned hereby agrees that its obligations hereunder
shall be absolute and unconditional irrespective of, and shall be unaffected
by, any invalidity, irregularity or unenforceability of such Security or the
Indenture, or any failure to enforce any provisions of such Security or the
Indenture, or any waiver, modification or indulgence granted to the Corporation
with respect thereto, by the Holder of such Security or the Trustee or any
other circumstance which may otherwise constitute a legal or equitable
discharge or defense of a surety or guarantor; provided,
however, that notwithstanding the
foregoing, no such waiver, modification or indulgence shall, without the
consent of the undersigned, increase the principal amount of such Security, or
increase the interest rate thereon, or change any redemption provisions thereof
(including any change to increase any premium payable upon redemption thereof),
or change the Stated Maturity thereof, or change the amount of principal of
such Security that would be due and payable upon a declaration of acceleration
thereof pursuant to Article V of the Indenture.  Each of the undersigned hereby waives the benefits of diligence,
presentment, demand for payment or performance, any requirement that the
Trustee or any of the Holders exhaust any right or take any action against the
Corporation or any other Person, filing of claims with a court in the event of
insolvency or bankruptcy of the Corporation, any right to require a proceeding
first against the Corporation, protest or notice with respect to such Security
or the indebtedness evidenced thereby and all demands whatsoever, and covenants
that this Guarantee will not be discharged except by complete performance of
the obligations contained in the Indenture, such Security and in this
Guarantee.

 

No reference herein to the Indenture and no
provision of this Guarantee or of the Indenture shall alter or impair the
guarantee of the undersigned, which is absolute and unconditional, of the full and
prompt payment of the principal of and premium, if any, interest and sinking
fund payment, if any, on such Security.

 

THIS GUARANTEE SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

 

 

Unless the certificate of authentication on
such Security has been executed by the Trustee referred to on the reverse of
such Security by manual signature, this Guarantee shall not be entitled to any
benefit under the Indenture or be valid or obligatory for any purpose.

 

The obligations of the undersigned to the
Holder of such Security and to the Trustee pursuant to this Guarantee and the
Indenture are expressly set forth in Article XIV of the Indenture and
reference is hereby made to the Indenture for the precise terms of this Guarantee
and all of the other provisions of the Indenture to which this Guarantee
relates.

 

All terms in this Guarantee which are defined
in the Indenture shall have the meanings assigned to them in the Indenture.

 

[Signatures on Next Pages]

 

2

 

IN WITNESS WHEREOF, the undersigned has
caused this Guarantee to be duly executed.

 

Dated:

 

	
   

  	
   

  	
  THE UNIVISION NETWORK LIMITED PARTNERSHIP

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Univision Communications Inc., general partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Executive Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  FONOHITS MUSIC PUBLISHING, INC.

  	
   

  
	
   

  	
   

  	
  FONOMUSIC, INC.

  	
   

  
	
   

  	
   

  	
  FONOVISA, INC.

  	
   

  
	
   

  	
   

  	
  PTI HOLDINGS, INC.

  	
   

  
	
   

  	
   

  	
  SUNSHINE ACQUISITION CORP.

  	
   

  
	
   

  	
   

  	
  UNIVISION ONLINE, INC.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Robert V. Cahill

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  UNIVISION EV-HOLDINGS, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Robert V. Cahill

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Authorized Signatory

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  GALAVISION, INC.

  	
   

  
	
   

  	
   

  	
  TELEFUTURA NETWORK

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TELEFUTURA OF SAN FRANCISCO, INC.

  	
   

  
	
   

  	
   

  	
  TELEFUTURA ORLANDO, INC.

  	
   

  
	
   

  	
   

  	
  TELEFUTURA TELEVISION GROUP, INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION INVESTMENTS, INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION MANAGEMENT CO.

  	
   

  
	
   

  	
   

  	
  UNIVISION MUSIC, INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION OF ATLANTA, INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION OF NEW JERSEY INC.

  	
   

  

 

3

 

	
   

  	
   

  	
  UNIVISION OF PUERTO RICO INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION OF RALEIGH, INC.

  	
   

  
	
   

  	
   

  	
  UNIVISION RADIO

  	
   

  
	
   

  	
   

  	
  UNIVISION TELEVISION GROUP, INC.

  	
   

  
	
   

  	
   

  	
  HBC FRESNO, INC.

  	
   

  
	
   

  	
   

  	
  HBC GP, INC.

  	
   

  
	
   

  	
   

  	
  HBC HOUSTON LICENSE CORPORATION

  	
   

  
	
   

  	
   

  	
  HBC ILLINOIS, INC.

  	
   

  
	
   

  	
   

  	
  HBC INVESTMENTS, INC.

  	
   

  
	
   

  	
   

  	
  HBC-LAS VEGAS, INC.

  	
   

  
	
   

  	
   

  	
  HBC LICENSE CORPORATION

  	
   

  
	
   

  	
   

  	
  HBC LOS ANGELES, INC.

  	
   

  
	
   

  	
   

  	
  HBC MANAGEMENT COMPANY, INC.

  	
   

  
	
   

  	
   

  	
  HBC NEW MEXICO, INC.

  	
   

  
	
   

  	
   

  	
  HBC NEW YORK, INC.

  	
   

  
	
   

  	
   

  	
  HBC PHOENIX, INC.

  	
   

  
	
   

  	
   

  	
  HBC PUERTO RICO, INC.

  	
   

  
	
   

  	
   

  	
  HBC SACRAMENTO, INC.

  	
   

  
	
   

  	
   

  	
  HBC SALES INTEGRATION, INC.

  	
   

  
	
   

  	
   

  	
  HBC SAN DIEGO, INC.

  	
   

  
	
   

  	
   

  	
  HBC TOWER COMPANY, INC.

  	
   

  
	
   

  	
   

  	
  KCYT-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KECS-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KESS-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KESS-TV LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KHCK-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KICI-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KICI-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KLSQ-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KLVE-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KMRT-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  KTNQ-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  LICENSE CORP. NO. 1

  	
   

  
	
   

  	
   

  	
  LICENSE CORP. NO. 2

  	
   

  
	
   

  	
   

  	
  MI CASA PUBLICATIONS, INC.

  	
   

  
	
   

  	
   

  	
  MOMENTUM RESEARCH, INC.

  	
   

  
	
   

  	
   

  	
  SPANISH COAST-TO-COAST LTD.

  	
   

  
	
   

  	
   

  	
  TC TELEVISION, INC.

  	
   

  
	
   

  	
   

  	
  TICHENOR LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  TMS ASSETS CALIFORNIA, INC.

  	
   

  
	
   

  	
   

  	
  TMS LICENSE CALIFORNIA, INC.

  	
   

  
	
   

  	
   

  	
  WADO-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  WADO RADIO, INC.

  	
   

  
	
   

  	
   

  	
  WLXX-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  WPAT-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
  WQBA-AM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
   

  	
   

  

 

4

 

 

	
   

  	
   

  	
  WQBA-FM LICENSE CORP.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  HBC BROADCASTING TEXAS, L.P.

  	
   

  
	
   

  	
   

  	
  HBC BROADCASTING PUERTO RICO, L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  HBC GP, Inc., general partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  HBCi, LLC

  	
   

  
	
   

  	
   

  	
  HBC FLORIDA, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Univision Radio, manager

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TELEFUTURA SAN FRANCISCO LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Telefutura of San Francisco, Inc., member

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  UNIVISION NEW YORK LLC

  	
   

  
	
   

  	
   

  	
  UNIVISION PHILADELPHIA LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
  Univision of New Jersey Inc., member

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  

 

5

 

	
   

  	
   

  	
  STATIONS WORKS, LLC

  
	
   

  	
   

  	
  TELEFUTURA ALBUQUERQUE LLC

  
	
   

  	
   

  	
  TELEFUTURA BAKERSFIELD LLC

  
	
   

  	
   

  	
  TELEFUTURA BOSTON LLC

  
	
   

  	
   

  	
  TELEFUTURA CHICAGO LLC

  
	
   

  	
   

  	
  TELEFUTURA D.C. LLC

  
	
   

  	
   

  	
  TELEFUTURA DALLAS LLC

  
	
   

  	
   

  	
  TELEFUTURA FRESNO LLC

  
	
   

  	
   

  	
  TELEFUTURA HOUSTON LLC

  
	
   

  	
   

  	
  TELEFUTURA LOS ANGELES LLC

  
	
   

  	
   

  	
  TELEFUTURA MIAMI LLC

  
	
   

  	
   

  	
  TELEFUTURA SACRAMENTO LLC

  
	
   

  	
   

  	
  TELEFUTURA SOUTHWEST LLC

  
	
   

  	
   

  	
  TELEFUTURA TAMPA LLC

  
	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
  By:

  	
   

  	
  Telefutura Television Group, Inc., member

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF DOUGLAS

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF FLAGSTAFF

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF FLORESVILLE

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF PHOENIX

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF SAN ANTONIO

  
	
   

  	
   

  	
  TELEFUTURA PARTNERSHIP OF TUCSON

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
  By:

  	
   

  	
  Telefutura Television Group, Inc., general partner

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
  UNIVISION MUSIC LLC

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
  By:

  	
   

  	
  Univision Music, Inc., managing member

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
											

 

6

 

	 
	
   

  	
   

  	
  UNIVISION ATLANTA LLC

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
  By:

  	
   

  	
  Univision of Atlanta Inc., member

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
  WUVC LICENSE PARTNERSHIP, G.P.

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
  By:

  	
   

  	
  Univision of Raleigh, Inc., general partner

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  KAKW LICENSE PARTNERSHIP, L.P.

  
	
   

  	
   

  	
  UVN TEXAS L.P.

  
	
   

  	
   

  	
  KDTV LICENSE PARTNERSHIP, G.P.

  
	
   

  	
   

  	
  KFTV LICENSE PARTNERSHIP, G.P.

  
	
   

  	
   

  	
  KMEX LICENSE PARTNERSHIP, G.P.

  
	
   

  	
   

  	
  KTVW LICENSE PARTNERSHIP, G.P.

  
	
   

  	
   

  	
  KUVI LICENSE PARTNERSHIP, G.P.

  
	
   

  	
   

  	
  KUVN LICENSE PARTNERSHIP, L.P.

  
	
   

  	
   

  	
  KUVS LICENSE PARTNERSHIP, G.P.

  
	
   

  	
   

  	
  KWEX LICENSE PARTNERSHIP, L.P.

  
	
   

  	
   

  	
  KXLN LICENSE PARTNERSHIP, L.P.

  
	
   

  	
   

  	
  WGBO LICENSE PARTNERSHIP, G.P.

  
	
   

  	
   

  	
  WLTV LICENSE PARTNERSHIP, G.P.

  
	
   

  	
   

  	
  WXTV LICENSE PARTNERSHIP, G.P.

  
	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	 

	 
	
   

  	
   

  	
  By:

  	
   

  	
  Univision Television Group, Inc., general partner

  	
   

  	 

	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	 

	 
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  	 

	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  	 

	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  	 

	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	 

	
   

  	
   

  	
   

  
	
   

  	
   

  	
  UNIVISION CLEVELAND LLC

  
	
   

  	
   

  	
  UNIVISION TEXAS STATIONS LLC

  
	
   

  	
   

  	
   

  
	 
	
   

  	
   

  	
  By:

  	
   

  	
  Univision Television Group, Inc., member

  	
   

  	 

	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	 

	 
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  	 

	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  	 

	 
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  	 

										

 

7

 

	
   

  	
   

  	
  HPN NUMBERS, INC.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  C. Douglas Kranwinkle

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Vice President

  	
   

  
								

 

8Exhibit
4.2

 

SUPPLEMENTAL
INDENTURE

TO BE DELIVERED BY INITIAL GUARANTORS

 

SUPPLEMENTAL INDENTURE (this “Supplemental
Indenture”), dated as of October 15, 2003, among the guarantors set forth
on Schedule I hereto (the “Guaranteeing Subsidiaries”), Univision
Communications Inc., a Delaware corporation (the “Corporation”), and The Bank
of New York, as trustee under the indenture referred to below (the “Trustee”).

 

W I T N E S S
E T H

 

WHEREAS, the Corporation has heretofore
executed and delivered to the Trustee an indenture, dated as of July 18,
2001, as previously supplemented and as now concurrently supplemented by that
certain Officers’ Certificate, dated as of October 15, 2003 (together, the
“Indenture”), providing for the issuance of aggregate principal amounts of
$250,000,000 of 2.875% Senior Notes Due 2006 of the Corporation (the “2006
Notes”), $200,000,000 of 3.500% Senior Notes Due 2007 of the Corporation (the
“2007 Notes”) and $250,000,000 of 3.875% Senior Notes Due 2008 of the
Corporation (the “2008 Notes” and together with the 2006 Notes and the 2007
Notes, the “Notes”);

 

WHEREAS, the Indenture provides that the
Guaranteeing Subsidiaries shall execute and deliver to the Trustee a
supplemental indenture pursuant to which the Guaranteeing Subsidiaries shall
unconditionally guarantee all of the Corporation’s Obligations under the Notes
and the Indenture on the terms and conditions set forth herein (the “Note
Guarantee”); and

 

WHEREAS, pursuant to Section 901 of the
Indenture, the Trustee is authorized to execute and deliver this Supplemental
Indenture.

 

NOW THEREFORE, in consideration of the
foregoing and for other good and valuable consideration, the receipt of which
is hereby acknowledged, the parties mutually covenant and agree for the equal
and ratable benefit of the Holders of the Notes as follows:

 

1.             CAPITALIZED
TERMS.  Capitalized terms used herein
without definition shall have the meanings assigned to them in the Indenture.

 

2.             AGREEMENT TO
GUARANTEE.  The Guaranteeing
Subsidiaries hereby agree that, with respect to the Notes only, the provisions
of the Indenture, including but not limited to Article XIV, shall apply to the Guaranteeing
Subsidiaries.

 

3.             RELEASES.

 

a.             In the event that any
Guaranteeing Subsidiary is no longer a guarantor of any of the Corporation’s
Credit Facilities, such Guaranteeing Subsidiary, on a date selected by the
Corporation or such Guaranteeing Subsidiary, shall be unconditionally released
from all of its obligations under its Note Guarantee.

 

b.             Any Guaranteeing
Subsidiary not released from its obligations under its Note Guarantee shall
remain liable for the full amount of principal of and interest on the Notes and
for the other obligations of any Guarantor under the Indenture.

 

 

4.             NEW YORK LAW TO
GOVERN.  THIS SUPPLEMENTAL INDENTURE
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF.

 

5.             COUNTERPARTS.  The parties may sign any number of copies of
this Supplemental Indenture.  Each
signed copy shall be an original, but all of them together represent the same
agreement.

 

6.             EFFECT OF
HEADINGS.  The Section headings herein
are for convenience only and shall not affect the construction hereof.

 

7.             THE TRUSTEE.  The Trustee shall not be responsible in any
manner whatsoever for or in respect of the validity or sufficiency of this
Supplemental Indenture or for or in respect of the recitals contained herein,
all of which recitals are made solely by the Guaranteeing Subsidiaries and the
Corporation.

 

[Signatures on Next Pages]

 

2

 

IN WITNESS WHEREOF, the parties hereto have
caused this Supplemental Indenture to be duly executed as of the date first
above written.

 

	
   

  	
  THE UNIVISION NETWORK LIMITED 

  PARTNERSHIP

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Univision Communications Inc., general 

  partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Executive Vice President

  
	
   

  	
   

  
	
   

  	
  FONOHITS MUSIC PUBLISHING, INC.

  
	
   

  	
  FONOMUSIC, INC.

  
	
   

  	
  FONOVISA, INC.

  
	
   

  	
  PTI HOLDINGS, INC.

  
	
   

  	
  SUNSHINE ACQUISITION CORP.

  
	
   

  	
  UNIVISION ONLINE, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Robert V. Cahill

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  UNIVISION EV-HOLDINGS, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Robert V. Cahill

  
	
   

  	
   

  	
  Authorized Signatory

  
	
   

  	
   

  	
   

  
	
   

  	
  GALAVISION, INC.

  
	
   

  	
  TELEFUTURA NETWORK

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  TELEFUTURA OF SAN FRANCISCO, INC.

  
	
   

  	
  TELEFUTURA ORLANDO, INC.

  
	
   

  	
  TELEFUTURA TELEVISION GROUP, INC.

  
	
   

  	
  UNIVISION INVESTMENTS, INC.

  
	
   

  	
  UNIVISION MANAGEMENT CO.

  
	
   

  	
  UNIVISION MUSIC, INC.

  
	
   

  	
  UNIVISION OF ATLANTA, INC.

  
	
   

  	
  UNIVISION OF NEW JERSEY INC.

  
	
   

  	
  UNIVISION OF PUERTO RICO INC.

  
	
   

  	
  UNIVISION OF RALEIGH, INC.

  

 

3

 

	
   

  	
  UNIVISION RADIO

  
	
   

  	
  UNIVISION TELEVISION GROUP, INC.

  
	
   

  	
  HBC FRESNO, INC.

  
	
   

  	
  HBC GP, INC.

  
	
   

  	
  HBC HOUSTON LICENSE CORPORATION

  
	
   

  	
  HBC ILLINOIS, INC.

  
	
   

  	
  HBC INVESTMENTS, INC.

  
	
   

  	
  HBC-LAS VEGAS, INC.

  
	
   

  	
  HBC LICENSE CORPORATION

  
	
   

  	
  HBC LOS ANGELES, INC.

  
	
   

  	
  HBC MANAGEMENT COMPANY, INC.

  
	
   

  	
  HBC NEW MEXICO, INC.

  
	
   

  	
  HBC NEW YORK, INC.

  
	
   

  	
  HBC PHOENIX, INC.

  
	
   

  	
  HBC PUERTO RICO, INC.

  
	
   

  	
  HBC SACRAMENTO, INC.

  
	
   

  	
  HBC SALES INTEGRATION, INC.

  
	
   

  	
  HBC SAN DIEGO, INC.

  
	
   

  	
  HBC TOWER COMPANY, INC.

  
	
   

  	
  KCYT-FM LICENSE CORP.

  
	
   

  	
  KECS-FM LICENSE CORP.

  
	
   

  	
  KESS-AM LICENSE CORP.

  
	
   

  	
  KESS-TV LICENSE CORP.

  
	
   

  	
  KHCK-FM LICENSE CORP.

  
	
   

  	
  KICI-AM LICENSE CORP.

  
	
   

  	
  KICI-FM LICENSE CORP.

  
	
   

  	
  KLSQ-AM LICENSE CORP.

  
	
   

  	
  KLVE-FM LICENSE CORP.

  
	
   

  	
  KMRT-AM LICENSE CORP.

  
	
   

  	
  KTNQ-AM LICENSE CORP.

  
	
   

  	
  LICENSE CORP. NO. 1

  
	
   

  	
  LICENSE CORP. NO. 2

  
	
   

  	
  MI CASA PUBLICATIONS, INC.

  
	
   

  	
  MOMENTUM RESEARCH, INC.

  
	
   

  	
  SPANISH COAST-TO-COAST LTD.

  
	
   

  	
  TC TELEVISION, INC.

  
	
   

  	
  TICHENOR LICENSE CORP.

  
	
   

  	
  TMS ASSETS CALIFORNIA, INC.

  
	
   

  	
  TMS LICENSE CALIFORNIA, INC.

  
	
   

  	
  WADO-AM LICENSE CORP.

  
	
   

  	
  WADO RADIO, INC.

  
	
   

  	
  WLXX-AM LICENSE CORP.

  
	
   

  	
  WPAT-AM LICENSE CORP.

  
	
   

  	
  WQBA-AM LICENSE CORP.

  

 

4

 

	
   

  	
  WQBA-FM LICENSE CORP.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  HBC BROADCASTING TEXAS, L.P.

  
	
   

  	
  HBC BROADCASTING PUERTO RICO, L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  HBC GP, Inc., general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  HBCi, LLC

  
	
   

  	
  HBC FLORIDA, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Univision Radio, manager

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TELEFUTURA SAN FRANCISCO LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Telefutura of San Francisco, Inc., member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  UNIVISION NEW YORK LLC

  
	
   

  	
  UNIVISION PHILADELPHIA LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Univision of New Jersey Inc., member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  STATIONS WORKS, LLC

  
	
   

  	
  TELEFUTURA ALBUQUERQUE LLC

  
	
   

  	
  TELEFUTURA BAKERSFIELD LLC

  
	
   

  	
  TELEFUTURA BOSTON LLC

  
	
   

  	
  TELEFUTURA CHICAGO LLC

  
							

 

5

 

	
   

  	
  TELEFUTURA D.C. LLC

  
	
   

  	
  TELEFUTURA DALLAS LLC

  
	
   

  	
  TELEFUTURA FRESNO LLC

  
	
   

  	
  TELEFUTURA HOUSTON LLC

  
	
   

  	
  TELEFUTURA LOS ANGELES LLC

  
	
   

  	
  TELEFUTURA MIAMI LLC

  
	
   

  	
  TELEFUTURA SACRAMENTO LLC

  
	
   

  	
  TELEFUTURA SOUTHWEST LLC

  
	
   

  	
  TELEFUTURA TAMPA LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Telefutura Television Group, Inc., member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  TELEFUTURA PARTNERSHIP OF DOUGLAS

  
	
   

  	
  TELEFUTURA PARTNERSHIP OF FLAGSTAFF

  
	
   

  	
  TELEFUTURA PARTNERSHIP OF FLORESVILLE

  
	
   

  	
  TELEFUTURA PARTNERSHIP OF PHOENIX

  
	
   

  	
  TELEFUTURA PARTNERSHIP OF SAN ANTONIO

  
	
   

  	
  TELEFUTURA PARTNERSHIP OF TUCSON

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Telefutura Television Group, Inc., general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  UNIVISION MUSIC LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Univision Music, Inc., managing member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
						

 

6

 

	
   

  	
  UNIVISION ATLANTA LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Univision of Atlanta Inc., member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  WUVC LICENSE PARTNERSHIP, G.P.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Univision of Raleigh, Inc., general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  KAKW LICENSE PARTNERSHIP, L.P.

  
	
   

  	
  UVN TEXAS L.P.

  
	
   

  	
  KDTV LICENSE PARTNERSHIP, G.P.

  
	
   

  	
  KFTV LICENSE PARTNERSHIP, G.P.

  
	
   

  	
  KMEX LICENSE PARTNERSHIP, G.P.

  
	
   

  	
  KTVW LICENSE PARTNERSHIP, G.P.

  
	
   

  	
  KUVI LICENSE PARTNERSHIP, G.P.

  
	
   

  	
  KUVN LICENSE PARTNERSHIP, L.P.

  
	
   

  	
  KUVS LICENSE PARTNERSHIP, G.P.

  
	
   

  	
  KWEX LICENSE PARTNERSHIP, L.P.

  
	
   

  	
  KXLN LICENSE PARTNERSHIP, L.P.

  
	
   

  	
  WGBO LICENSE PARTNERSHIP, G.P.

  
	
   

  	
  WLTV LICENSE PARTNERSHIP, G.P.

  
	
   

  	
  WXTV LICENSE PARTNERSHIP, G.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Univision Television Group, Inc., general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  UNIVISION CLEVELAND LLC

  
	
   

  	
  UNIVISION TEXAS STATIONS LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Univision Television Group, Inc., member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
						

 

7

 

	
   

  	
  HPN NUMBERS, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  C. Douglas Kranwinkle

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  UNIVISION
  COMMUNICATIONS INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By: 

  	
   

  	
   

  
	
   

  	
  Name:  C. Douglas Kranwinkle

  
	
   

  	
  Title:  Executive Vice President

  
						

 

8

 

	
   

  	
  THE BANK OF
  NEW YORK, as Trustee

  
	
   

  	
   

  	
   

  
	
   

  	
  By: 

  	
   

  	
   

  
	
   

  	
  Authorized
  Signatory

  
					

 

9

 

SCHEDULE I

 

SCHEDULE OF
INITIAL GUARANTORS

 

Fonohits Music Publishing, Inc.

Fonomusic, Inc.

Fonovisa, Inc.

Galavision, Inc.

HPN Numbers, Inc.

KAKW License Partnership, L.P.

KDTV License Partnership, G.P.

KFTV License Partnership, G.P.

KMEX License Partnership, G.P.

KTVW License Partnership, G.P.

KUVI License Partnership, G.P.

KUVN License Partnership, L.P.

KUVS License Partnership, G.P.

KWEX License Partnership, L.P.

KXLN License Partnership, L.P.

PTI Holdings, Inc.

Station Works, LLC

Sunshine Acquisition Corp.

Telefutura Albuquerque LLC

Telefutura Bakersfield LLC

Telefutura Boston LLC

Telefutura Chicago LLC

Telefutura D.C. LLC

Telefutura Dallas LLC

Telefutura Fresno LLC

Telefutura Houston LLC

Telefutura Los Angeles LLC

Telefutura Miami LLC

Telefutura Network

Telefutura of San Francisco, Inc.

Telefutura Orlando, Inc.

Telefutura Partnership of Douglas

Telefutura Partnership of Flagstaff

Telefutura Partnership of Floresville

Telefutura Partnership of Phoenix

Telefutura Partnership of San Antonio

Telefutura Partnership of Tucson

Telefutura Sacramento LLC

Telefutura San
Francisco LLC

Telefutura Southwest LLC

Telefutura Tampa LLC

Telefutura Television Group, Inc.

The Univision Network Limited Partnership

 

10

 

Univision Atlanta LLC

Univision Cleveland LLC

Univision Investments, Inc.

Univision Management Co.

Univision Music LLC

Univision Music, Inc.

Univision New York LLC

Univision of Atlanta Inc.

Univision of New Jersey Inc.

Univision of Puerto Rico Inc.

Univision Online, Inc.

Univision Philadelphia LLC

Univision Television Group, Inc.

Univision Texas Stations LLC

Univision-EV Holdings, LLC

UVN Texas L.P.

WGBO License Partnership, G.P.

WLTV License Partnership, G.P.

WXTV License Partnership, G.P.

Univision Radio

HBC Broadcasting Puerto Rico, L.P.

HBC Broadcasting Texas, L.P.

HBC Florida, LLC

HBC Fresno, Inc.

HBC GP, Inc.

HBC Houston License Corporation

HBC Illinois, Inc.

HBC Investments, Inc.

HBC-Las Vegas, Inc.

HBC License Corporation

HBC Los Angeles, Inc.

HBC Management Company, Inc.

HBC New Mexico, Inc.

HBC New York, Inc.

HBC Phoenix, Inc.

HBC Puerto Rico, Inc.

HBC Sacramento, Inc.

HBC Sales Integration, Inc.

HBC San Diego, Inc.

HBC Tower Company, Inc.

HBCi, LLC

KCYT-FM License Corp.

KECS-FM License Corp.

KESS-AM License Corp.

KESS-TV License Corp.

KHCK-FM License Corp.

 

11

 

KICI-AM License Corp.

KICI-FM License Corp.

KLSQ-AM License Corp.

KLVE-FM License Corp.

KMRT-AM License Corp.

KTNQ-AM License Corp.

License Corp. No. 1

License Corp. No. 2

Mi Casa Publications, Inc.

Momentum Research, Inc.

Spanish Coast-to-Coast Ltd.

T C Television, Inc.

Tichenor License Corp.

TMS Assets California, Inc.

TMS License California, Inc.

WADO-AM License Corp.

WADO Radio, Inc.

WLXX-AM License Corp.

WPAT-AM License Corp.

WQBA-AM License Corp.

WQBA-FM License Corp.

Univision of Raleigh, Inc.

WUVC License
Partnership, G.P.

 

12

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}]]