EXHIBIT 10.59
0000 Xxxxxxxxxxx Xxxxxxxx [THE FAMILY CHANNEL XXXXXXXXXX]
Xxxxxxxx Xxxxx, Xxxxxxxx 00000
000-000-0000
FAX# 000-000-0000
Xxxxx X. Xxxxxxxx
Vice President and
Chief Financial Officer
September 30, 1991
FAX TO:
-------
Xx. Xxxxxx Xxxxxxxx
Vice President, Cable Services
GE American Communications, Inc.
000 Xxxxxxxxx Xxxxxx
00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Re: C-3/C-4 Satellite Transponder Sales Agreement, dated as of the 7th day of
July, 1989, by and between GE American Communications, Inc., and The Christian
Broadcasting Network, Inc., as predecessor in interest to International Family
Entertainment, Inc. (the "Agreement")
Dear Xxxxxx:
Reference is made to paragraphs C and D of Article 3 to the above-described
Agreement. GE American Communications, Inc. ("Americom") and International
Family Entertainment, Inc., as successor in interest to The Christian
Broadcasting Network, Inc., ("IFE") desire to amend said sections to extend from
October 1, 1991 to December 31, 1991 the date by which IFE must elect to reduce
its final payment under the Agreement, in order to pay for In-Orbit Protection
and TT&C on a monthly basis.
Accordingly, the parties agree that the date, October 1, 1991 in the second line
of paragraph C and the second line of paragraph D of Article 3 to the Agreement,
shall be deleted, and in its place in both paragraphs shall be substituted the
date, December 31, 1991.
Terms not defined in this letter shall have the meanings ascribed to them in the
Agreement. Except as modified by this letter and any prior amendments, the
Agreement shall remain in full force and effect.
If the foregoing confirms our understanding, please so indicate by signing on
the line below and returning a copy of this letter to me.
Very truly yours, Read and Agreed:
/s/ Xxxxx X. Xxxxxxxx
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Xxxxx X. Xxxxxxxx GE American Communications, Inc.
Vice President and
Chief Financial Officer by: /s/ Xxxxxx Xxxxxxxx
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