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1999-215
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1999-215
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Last modified
10/31/2023 2:51:18 PM
Creation date
10/31/2023 2:45:58 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
08/24/1999
Control Number
1999-215
Entity Name
Falcon Cable Media
Subject
Purchase and Contribution Agreement, Transfer of Control of Ultimate Parent
Company of Falcon Cable Media
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.- <br />EXHIBIT A <br />[To be entered into and delivered in accordance with Sections 8.2(g) and 8.3(e) of the Purchase <br />Agreement, if applicable.] <br />FORM OF ADJUSTMENT ESCROW AGREEMENT <br />This ADJUSTMENT ESCROW AGREEMENT (this "Agreement")is dated , <br />1999, by and =ong CHARTER COMMUNICATIONS, INC., a Delaware corporation <br />('Buyer"), FALCON HOLDING GROUP, L.P., a Delaware limited partnership ("FHGLP'), and <br />[Escrow Agent] ("Escrow, Agent"). <br />RECITALS: <br />Buyer and FHGLP arc parties to a Purchase Agreement dated as of , 1999 ([he <br />'Purchase Agreement"), pursuant to which the Sellers thereunder have agreed to sell, transfer <br />and deliver to Buyer all of the partnership interests in Falcon Communications, L.P. held by <br />FHOLP and TCI Falcon Holdings, LLC and certain other specified interem held by the Sellers <br />thereunder, for the consideration set foM in the Purchase Agreement. Pursuant to Section <br />2.5(a)(2) of the Purchase Agreement, Buyer and Sellers have agreed that linsert Adiustirim <br />EJcrow Amount3 Dallars(S_(the'Adjusmlen[ Deposit') shall be deposited in <br />escrow with the Escrow Agent as set forth in this Agreement in order to provide a fund_ which <br />shall be a source for any payment to be made by Sellers to Buyer pursuant to Section <br />2.6(6)(1)(8) of the Purchase Agreement subject to the terms and conditions set forth in the <br />Purchase Agreement Capitalized teens used, but not defined herein, have the meanings <br />ascribed to such terms in the Purchase Agreement. <br />In consideration of the above recitals and of the covenants and agreements contained <br />herein, Buyer, FHGLP and Escrow Agent agree as follows: <br />AGREEMENTS: <br />SECTION l: <br />1.1 P-divety. Buyer hereby delivers to the Escrow Agent, by accounts or wire <br />transfer of immediately available funds to the account designated by the Escrow Agent, the <br />Adjustment Deposit. The Adjustment Fund (as defined herein) shall be held by the Escrow <br />Agent pursuant to the terms of this Agreement. The Adjustment Deposit, and all income. <br />interest and other earnings thereon, shall be referred to collectively herein as the "Adjustment <br />MIMM494 11 <br />
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