GUARANTEE Each of Forstmann Little & Co. Subordinated Debt and Equity Management Buyout Partnership-VII, L.P.("MBO-VII") and Forstmann Little & Co. Equity Partnership-VI, L.P. ("EP-VI") agrees to cause FLCC Holdings, Inc. (including any assignee of...
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Exhibit 2.3
GUARANTEE
Each of Forstmann Little & Co. Subordinated Debt and Equity Management
Buyout Partnership-VII, L.P.("MBO-VII") and Forstmann Little & Co. Equity
Partnership-VI, L.P. ("EP-VI") agrees to cause FLCC Holdings, Inc. (including
any assignee of FLCC Holdings, Inc.) to fully perform and observe its covenants
and other obligations under the foregoing Agreement and Plan of Merger and shall
be entitled to enforce directly any benefit of the Agreement and Plan of Merger
accruing to FLCC Holdings, Inc. The foregoing agreement of each of MBO-VII and
EP-VI shall terminate at the Closing.
Dated: January 15, 2001
FORSTMANN LITTLE & CO. SUBORDINATED
DEBT AND EQUITY MANAGEMENT BUYOUT
PARTNERSHIP-VII, L.P.
By: FLC XXIII Partnership,
its general partner
By: /s/ Xxxxxx X. Xxxxxxx
-----------------------
Xxxxxx X. Xxxxxxx,
a general partner
FORSTMANN LITTLE & CO. EQUITY
PARTNERSHIP-VI, L.P.
By: FLC XXII Partnership, L.P.,
its general partner
By: /s/ Xxxxxx X. Xxxxxxx
-----------------------
Xxxxxx X. Xxxxxxx,
a general partner
