GRANITE BROADCASTING CORPORATION 93/4% Senior Secured Notes due 2010 Purchase AgreementPurchase Agreement • May 27th, 2004 • WXON, Inc. • Television broadcasting stations • New York
Granite Broadcasting Corporation, a Delaware corporation (the "Company"), proposes to issue and sell to the several Initial Purchasers listed in Schedule 1 hereto (the "Initial Purchasers"), for whom you are acting as representative (the "Representative"), $405,000,000 principal amount of its 93/4% Senior Secured Notes due 2010 (the "Notes"). The Notes will be issued pursuant to an Indenture to be dated as of December 22, 2003 (the "Indenture") among the Company, the guarantors listed in Schedule 2 hereto (the "Guarantors") and The Bank of New York, as trustee (the "Trustee"), and will be guaranteed on a senior secured basis by each of the Guarantors (the "Guarantees," and together with the Notes, the "Securities").
