TIME WARNER INC. TIME WARNER COMPANIES, INC. TURNER BROADCASTING SYSTEM, INC. Underwriting AgreementUnderwriting Agreement • January 14th, 1998 • Time Warner Companies Inc • Services-motion picture & video tape production • New York
Time Warner Inc., a Delaware corporation (the "Company"), proposes to sell to the underwriters named in Schedule II hereto (the "Underwriters"), for whom you (the "Representatives") are acting as representatives, the principal amount of [the securities] identified in Schedule I hereto (the "Debt Securities"), to be issued under an indenture (as from time to time amended or supplemented, the "Indenture") dated as of [__________, ____], among the Company, Time Warner Companies, Inc., a Delaware corporation ("TWC"), Turner Broadcasting System, Inc., a Georgia corporation ("TBS", and, together with TWC, the "Guarantors"), and The Chase Manhattan Bank, as trustee (the "Trustee"), providing for the issuance of debt securities in one or more series, all of which will be entitled to the benefit of the Guarantees referred to below. Each of TWC and TBS is a wholly owned subsidiary of the Company. Pursuant to the Indenture, each of TWC and TBS, as primary obligor and not merely as surety, has agr
TIME WARNER COMPANIES, INC., as Guarantor TURNER BROADCASTING SYSTEM, INC., as Guarantor and THE CHASE MANHATTAN BANK, Trustee INDENTUREIndenture • January 14th, 1998 • Time Warner Companies Inc • Services-motion picture & video tape production • New York
