EXHIBIT 10.3
Time Warner NY Cable LLC
c/o Time Warner Cable Inc.
000 Xxxxxx Xxxxx
Xxxxxxxx, XX 00000-0000
June 17, 2005
Adelphia Communications Corporation
0000 XXX Xxxxxxx
Xxxxxxxxx Xxxxxxx, XX 00000
Attn: Xxxx Xxxxxxxxxx
Ladies and Gentlemen:
Reference is made to the Asset Purchase Agreement between Time Warner NY
Cable LLC, a Delaware limited liability company ("TWNY"), and Adelphia
Communications Corporation, a Delaware corporation ("Adelphia"), dated as of
April 20, 2005 (the "TWNY Purchase Agreement"). Capitalized terms used but not
otherwise defined herein shall have the respective meanings ascribed to them in
the TWNY Purchase Agreement.
Adelphia and TWNY hereby agree to extend until June 24, 2005 the deadline
set forth in the first sentence of Section 5.13(a) of the TWNY Purchase
Agreement to file with the Bankruptcy Court the Disclosure Statement, the
Disclosure Statement Motion and the Plan.
This letter agreement may be executed in one or more counterparts, each of
which shall be deemed an original, and all of which shall constitute one and the
same letter agreement.
This letter agreement shall be governed by and construed in accordance
with the TWNY Purchase Agreement.
Please confirm your agreement with the foregoing by signing and returning
a copy of this agreement to the undersigned.
Very truly yours,
TIME WARNER NY CABLE LLC
By: /s/ Xxxxxx X. Adige
--------------------------------
Name: Xxxxxx X. Adige
Title: Senior Vice President,
Investments
Agreed and Acknowledged:
ADELPHIA COMMUNICATIONS CORPORATION
By: /s/ Xxxx X. Xxxxxxxxxx
----------------------------------------
Name: Xxxx Xxxxxxxxxx
Title: EVP/GC
Cc:
Legal Department
Time Warner Cable Inc.
Attn: General Counsel
Time Warner Inc.
Attn: General Counsel
Xxxx, Weiss, Rifkind, Xxxxxxx & Xxxxxxxx LLP
Attn: Xxxxxx X. Xxxxxx and Xxxxxx X. Xxxxxxx
Xxxxxxxx & Xxxxxxxx LLP
Attn: Xxxxxxxxx X. Xxxxx
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