Common Contracts
2 similar Comcast/Charter Transactions Agreement contracts by Comcast Corp
ContractComcast/Charter Transactions Agreement • May 5th, 2020 • Delaware
Parties Charter Communications, Inc., a Delaware corporation (“Charter”) Comcast Corporation, a Pennsylvania corporation (“Comcast”)
COMCAST/CHARTER TRANSACTIONS AGREEMENT DATED AS OF APRIL 25, 2014Comcast/Charter Transactions Agreement • April 28th, 2014 • Comcast Corp • Cable & other pay television services • Delaware
Parties Charter Communications, Inc., a Delaware corporation (“Charter”) Comcast Corporation, a Pennsylvania corporation (“Comcast”) Transaction Steps Subject to the satisfaction of applicable conditions described below, at Closing and in the following sequence, as promptly as practicable following the Comcast-TWC Transaction: · Comcast will form a new entity (“SpinCo”) holding the assets and liabilities to be included in the spin-off transaction and described under “SpinCo Assets and Liabilities” below (the “Contribution”); · The parties will use reasonable best efforts to arrange, and SpinCo will use reasonable best efforts to incur, new indebtedness (“SpinCo Indebtedness”) in an amount equal to 5.00 times the 2014 EBITDA of the SpinCo Systems (as such term is defined by SpinCo’s financing sources for purposes of the financing), as described in more detail in Schedule 1, of which indebtedness: o to the extent there is basis in excess of the estimated amount of expenses to be reimburs
