CONSENT NO. 1 This Consent, dated as of July 11, 1997, is among the affiliates of Falcon Holding Group, L.P., a Delaware limited partnership, set forth on the signature pages hereto, BankBoston, N.A., f/k/a The First National Bank of Boston, as...
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EXHIBIT 10.57
Execution Copy
FALCON RESTRICTED COMPANIES
AMENDED AND RESTATED CREDIT AGREEMENT
CONSENT NO. 1
This Consent, dated as of July 11, 1997, is among the affiliates of
Falcon Holding Group, L.P., a Delaware limited partnership, set forth on the
signature pages hereto, BankBoston, N.A., f/k/a The First National Bank of
Boston, as Managing Agent for itself and the other Lenders, Toronto-Dominion
(Texas) Inc., as Administrative Agent and NationsBank of Texas, N.A., as
Syndication Agent. The parties agree as follows:
1. Reference to Credit Agreement; Definitions. Reference is made to the
Amended and Restated Credit Agreement, dated as of July 12, 1996, among the
parties hereto (as amended, modified and in effect prior to giving effect to
this Consent, the "Credit Agreement"). Terms defined in the Credit Agreement as
amended hereby (the "Amended Credit Agreement") and not otherwise defined herein
are used herein with the meanings so defined.
2. Amendments to Credit Agreement. In reliance upon the representations
and warranties set forth in Section 3, the Credit Agreement is amended as
follows, effective upon the date hereof:
2.1. Amendment of Section 1.14. The definition of "Bank of Boston" in
Section 1.14 of the Credit Agreement is amended to read in its entirety as
follows:
"1.14. "Bank of Boston" means BankBoston, N.A."
2.2. Addition of Section 7.9.12. Section 7.9 of the Credit Agreement is
amended by adding a new Section 7.9.12 immediately following Section 7.9.11 to
read in its entirety as follows:
"7.9.12. So long as immediately before and after giving effect thereto
no Default exists, Falcon Community Cable, L.P., Falcon Cable Media, a
California limited partnership and Falcon Cable Systems Company II, L.P.
may acquire the assets of Falcon Classic Cable Income Properties, L.P.,
a California limited partnership, pursuant to an Asset Purchase
Agreement substantially in the form as has been previously furnished to
the Agents for an aggregate purchase price not exceeding $82,000,000."
2.3. Amendment of Exhibits 8.6.1. Exhibit 8.6.1 to the Credit Agreement
is amended by adding thereto the respective information set forth in Exhibit
8.6.1 hereto.
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3. Representation and Warranty. In order to induce the Lenders to enter
into this Consent, each of the Restricted Companies jointly and severally
represents and warrants to each of the Lenders that immediately before and after
giving effect to each of the amendments set forth in Section 2, no Default will
exist.
4. Further Assurances. Each of the Restricted Companies will, promptly upon
request of the Managing Agent from time to time, execute, acknowledge and
deliver, and file and record, all such UCC-1 financing statements, instruments
and notices, and take all such action, as the Managing Agent deems necessary or
advisable to carry out the intent and purposes of this Consent.
5. General. The Amended Credit Agreement and all of the other Credit
Documents are each confirmed as being in full force and effect. This Consent,
the Amended Credit Agreement and the other Credit Documents referred to herein
or therein constitute the entire understanding of the parties with respect to
the subject matter hereof and thereof and supersede all prior and current
understandings and agreements, whether written or oral, with respect to such
subject matter. The invalidity or unenforceability of any provision hereof shall
not affect the validity or enforceability of any other term or provision hereof,
and any invalid or unenforceable provision shall be enforced to the maximum
extent of its validity or enforceability. The headings in this Consent are for
convenience of reference only and shall not alter, limit or otherwise affect the
meaning hereof. Each of this Consent and the Amended Credit Agreement is a
Credit Document and this Consent may be executed in any number of counterparts,
which together shall constitute one instrument, and shall bind and inure to the
benefit of the parties and their respective successors and assigns, including as
such successors and assigns all holders of any Note. THIS CONSENT SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS (OTHER THAN THE CONFLICT
OF LAWS RULES) OF THE COMMONWEALTH OF MASSACHUSETTS.
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Each of the undersigned has caused this Agreement to be executed and
delivered by its duly authorized officer as an agreement under seal as of the
date first above written.
FALCON CABLE MEDIA, A CALIFORNIA
LIMITED PARTNERSHIP
FALCON CABLE SYSTEMS COMPANY II, L.P.
FALCON CABLEVISION, A CALIFORNIA
LIMITED PARTNERSHIP
FALCON COMMUNITY CABLE, L.P.
FALCON COMMUNITY VENTURES I
LIMITED PARTNERSHIP
FALCON TELECABLE, A CALIFORNIA
LIMITED PARTNERSHIP
FALCON COMMUNITY INVESTORS, L.P.
FALCON INVESTORS GROUP, LTD., A
CALIFORNIA LIMITED PARTNERSHIP
FALCON MEDIA INVESTORS GROUP, A
CALIFORNIA LIMITED PARTNERSHIP
FALCON TELECABLE INVESTORS GROUP,
A CALIFORNIA LIMITED PARTNERSHIP
FALCON TELECOM, L.P.
By FALCON HOLDING GROUP, INC., as
general partner, or general partner
of the general partner, of each of
the foregoing Restricted Companies
By /s/ Xxxxxxx X. Xxxxxxx
--------------------------------
Title: Chief Financial Officer
Falcon Holding Group, L.P.
00000 Xxxxxxxx Xxxxxxxxx, 00xx Xxxxx
Xxx Xxxxxxx, XX 00000
Telecopy: (000) 000-0000
FALCON FIRST, INC.
By /s/ Xxxxxxx X. Xxxxxxx
--------------------------------
Title: Chief Financial Officer
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ATHENS CABLEVISION, INC.
AUSABLE CABLE TV, INC.
CEDAR BLUFF CABLEVISION, INC.
XXXXXX CABLEVISION, INC.
EASTERN MISSISSIPPI CABLEVISION, INC.
FALCON FIRST CABLE OF NEW YORK, INC.
FALCON FIRST CABLE OF THE SOUTHEAST,
INC.
FALCON FIRST HOLDINGS, INC.
FF CABLE HOLDINGS, INC.
LAUDERDALE CABLEVISION, INC.
MULTIVISION NORTHEAST, INC.
MULTIVISION OF COMMERCE, INC.
PLATTSBURG CABLEVISION, INC.
SCOTTSBORO CABLEVISION, INC.
SCOTTSBORO TV CABLE, INC.
By /s/ Xxxxxxx X. Xxxxxxx
--------------------------------
As an authorized officer of each of
the foregoing corporations
BANKBOSTON, N.A., as Managing Agent
By /s/ Xxxxx X. Xxxxxx
--------------------------------
Title: Managing Director
BankBoston, N.A.
Media and Communications Department
000 Xxxxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
Telecopy: (000) 000-0000
Telex: 940581
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TORONTO-DOMINION (TEXAS) INC.,
as Administrative Agent
By /s/ Xxxx Xxxx
---------------------------------
Title: VP
Toronto-Dominion (Texas) Inc.
000 Xxxxxx, Xxxxx 0000
Xxxxxxx, XX 00000
Telecopy: (000) 000-0000
NATIONSBANK OF TEXAS, N.A., as Syndications
Agent
By /s/ Xxxxxxx X. Xxxxxx
---------------------------------------
Title: SVP
NationsBank of Texas, N.A.
000 Xxxx Xxxxxx
00xx Xxxxx
Xxxxxx, Xxxxx 00000
Telecopy: (000) 000-0000
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The foregoing Consent is consented to by the following Lenders:
ABN AMRO BANK
By: ----------------------------------
Title:
ABN-AMRO Bank
000 Xxxx Xxxxxx, 0xx Xxxxx
Xxx Xxxx, XX 00000
ABN-AMRO BANK N.V., LOS ANGELES
INTERNATIONAL BRANCH
By: ABN-Amro North America, Inc., as agent
By /s/ Xxxxxxx X. Xxxxxxx
-----------------------------------
Title: Group Vice President/Director
By /s/ Xxxx X. Xxxxxxx
-----------------------------------
Title: Vice President
ABN-AMRO Bank, Los Angeles
000 Xxxxx Xxxxx Xxxxxx, Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Telecopy: (000) 000-0000
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BANK OF AMERICA N.T. & S.A.
By /s/ Xxxxxxx X. Xxxx
-----------------------------------
Title: Vice President
Bank of America N.T. & S.A.
Entertainment & Media Industry Group
Dept. 3282
000 Xxxxx Xxxxxx Xxxxxx
Xxx Xxxxxxx, Xxxxxxxxxx 00000
Telecopy: (000) 000-0000
BANK OF MONTREAL
By /s/ Xxxxxx Xxx
------------------------------------
Title: Senior Vice President
Bank of Montreal
Media & Communications
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Telecopy: (000) 000-0000
BANQUE FRANCAISE DU COMMERCE EXTERIEUR
By /s/ Xxx Xxxxx
-------------------------------------
Title: Associate
By /s/ Xxxxx Xxxxxx
-------------------------------------
Title: Vice President
Banque Francaise du Commerce Exterieur
000 Xxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Telecopy: (000) 000-0000
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BANQUE NATIONALE DE PARIS
By /s/ X.X. Xxxxxx
-------------------------------------
Title: V.P. & Deputy Manager
By /s/ Xxxxxx Xx
-------------------------------------
Title: V.P.
Banque Nationale de Paris
000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Telecopy: (000) 000-0000
BANQUE PARIBAS
By /s/ Xxxx Xxxxx / Xxxxxxx Xxxxx
--------------------------------------
Title: Group Vice /Assist. Vice
President President
Banque Paribas
0000 Xxxxxxx Xxxx Xxxx
Xxxxx 0000
Xxx Xxxxxxx, Xxxxxxxxxx 00000
Telecopy: (000) 000-0000
BARCLAYS BANK PLC
By /s/ Xxxxx X. Xxxxxx
--------------------------------------
Title: Associate Director
Barclays Bank Plc
000 Xxxxxx Xxxxxx, Xxxxx 0000
Xxx Xxxxxxxxx, XX 00000
Telecopy: (000) 000-0000
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THE CHASE MANHATTAN BANK
By /s/ Xxxxx Geruis
--------------------------------------
Title: Vice President
The Chase Manhattan Bank, N.A.
One Chase Xxxxxxxxx Xxxxx, 0xx Xxxxx
Xxx Xxxx, XX 00000
Telecopy: (000) 000-0000
CITY NATIONAL BANK
By /s/ Xxxxx Xxxxxx
--------------------------------------
Title: SVP
City National Bank
000 X. Xxxxxxx Xxxxx
Xxxxxxx Xxxxx, XX 00000
Telecopy: (000) 000-0000
CIBC, INC.
By /s/ X. Xxxxx
--------------------------------------
Title:
CIBC, Inc.
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Telecopy: (000) 000-0000
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CREDIT LYONNAIS, NEW YORK BRANCH
By /s/ Xxxx X. Xxxxxxxxx
--------------------------------------
Title: Vice President
Credit Lyonnaise, New York Branch
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Telecopy: (000) 000-0000
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FLEET BANK, N.A.
By /s/ Xxxxxx Xxxxxxxx
--------------------------------------
Title: Vice President
Fleet Bank, N.A.
00 Xxxx 00xx Xxxxxx, 0xx Xxxxx
Xxx Xxxx, XX 00000
Telecopy: (000) 000-0000
THE FUJI BANK, LIMITED LOS ANGELES AGENCY
By /s/ Xxxxxxxx Xxxxxxx
--------------------------------------
Title: Joint General Manager
The Fuji Bank,
Limited Los Angeles Agency
000 Xxxxx Xxxx Xxxxxx
Xxx Xxxxxxx, XX 00000
Telecopy: (000) 000-0000
THE LONG-TERM CREDIT BANK OF JAPAN, LTD.
LOS ANGELES AGENCY
By /s/ T. Xxxxxx Xxxxxxx XX
---------------------------------------
Title: Deputy General Manager
The Long-Term Credit Bank of Japan, Ltd
Los Angeles Agency
000 Xxxxx Xxxxx Xxxxxx, Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Telecopy: (000) 000-0000
-00-
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XXXXXXXXXXX, XXXXXXX XXXX.
By /s/ Xxxxxxx X. Xxxxxx / Xxxx Xxxxxxx
---------------------------------------
Title: Authorized/Exec. V.P.
Signatory
MeesPierson, Capital Corp.
000 Xxxx Xxxxxx, 0xx Xxxxx
Xxx Xxxx, XX 00000
Telecopy: (000) 000-0000
OCTAGIT INVESTORS
By /s/ Xxxxxx X. Xxxxxx
---------------------------------------
Title: Managing Director
Octagon Credit Investors
000 Xxxxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Telecopy: (000) 000-0000
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XXXXXXXX XXXXXXXXX, XXX XXXX BRANCH
By /s/ W. Xxxxxx X. Xxxxx
---------------------------------------
Title: Vice President
By /s/ Xxxxx X. Xxxxxxxx
---------------------------------------
Title: Vice President
Rabobank Nederland
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Telecopy: (000) 000-0000
XXXXX BANK N.A.
By /s/ Xxxxxxx X. Xxxxx
---------------------------------------
Title: Vice President
Xxxxx Bank N.A.
Corporate General Banking
000 00xx Xxxxxx, X.X.
Xxxxxxxxxx, XX 00000-0000
Telecopy: (000) 000-0000
SENIOR DEBT PORTFOLIO
By: BOSTON MANAGEMENT AND
RESEARCH, as investment advisor
By /s/ Xxxxx X. Page
---------------------------------------
Title: Vice President
Senior Debt Portfolio
00 Xxxxxxx Xxxxxx, 0xx Xxxxx
Xxxxxx, XX 00000
Telecopy: (000) 000-0000
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SOCIETE GENERALE
By: /s/ Xxxx Xxxxx
------------------------------------
Title: Vice President
Societe Generale
Media and Communications Group
0000 Xxxxxx xx xxx Xxxxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Telecopy: (000) 000-0000
THE SUMITOMO BANK, LIMITED
By /s/ Xxxxxx X. Xxx
------------------------------------
Title: Vice President
By /s/ Xxxxx Xxxxx
------------------------------------
Title: Vice President
The Sumitomo Bank, Limited
000 Xxxx 0xx Xxxxxx, Xxxxx 000
Xxx Xxxxxxx, XX 00000
Telecopy: (000) 000-0000
SUMMIT BANK
By /s X.X. Xxxxx
------------------------------------
Title: Regional Vice President
Summit Bank
Three Valley Square
000 Xxxxxxxx Xxxx Xxxx, Xxxxx 000
Xxxx Xxxx, XX 00000
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SUNTRUST BANK, CENTRAL FLORIDA N.A.
By /s/ Xxxxx X. Xxxxxxx
------------------------------------
Title: V.P.
SunTrust Bank, Central Florida, N.A.
000 Xxxxx Xxxxxx Xxxxxx
Xxxxxxx, XX 00000
Telecopy: (000) 000-0000
UNION BANK OF CALIFORNIA, N.A.
By /s/ J. Xxxxx Xxxxxxx
-------------------------------------
Title: VP
Union Bank of California, N.A.
Communications/Media Division
000 Xxxxx Xxxxxxxx Xxxxxx
Xxx Xxxxxxx, XX 00000
Telecopy: (000) 000-0000
XXX XXXXXX AMERICAN CAPITAL
PRIME RATE INCOME TRUST
By /s/ Xxxxxxx X. Xxxxxxx
------------------------------------
Title:
Xxx Xxxxxx American Capital
Prime Rate Income Trust
Xxx Xxxxxxxx Xxxxx, 0xx Xxxxx
Xxxxxxxx Xxxxxxx, XX 00000
Telecopy: (000) 000-0000
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