Laserfiche WebLink
Section 2.1(a) hereof and otherwise treated as a Purchased Interest hereunder. If the status or <br />qualification of the recipient of the Equity Consideration from FHGLP would cause the issuance of <br />the Equity Consideration hereunder to require public registration of the Equity Consideration, as <br />reasonably delemrined by Buyer, Buyer may elect to require FHGLP to not distribute the Equity <br />Consideration to such recipient. <br />(c) FHGLP hereby agrees to assign or cause to be assigned to Buyer at the <br />Closing all of its rights and interest in Cele No. 13CI93800, Superior Cow of the State of <br />California, County of Los Angeles, Falcon Britannia, L.P. and Camelot Cable, Inc. v. NYNEX <br />Corporation, NYNEX U.K. Telephone and Cable T.V. Holding Company Limited, and Cable & <br />Wireless Communications plc, and all related rights and claims (the "NYNEX Litigation"). <br />(d) Subject to the terms and conditions set forth in Section 6.4(t) and (Itis <br />Agreement, FHGLP and TO hereby agree to cause 1000% of the joint venture interests in Pacific <br />Microwave Joint Vcnture to be assigned to Falcon at or prior to the Closing. <br />2.2 assumption fObligations- 6ff t nPaim bin Agreement ofFal <br />(a) In consideration of the sale of the Purchased Interests and the contribution of <br />the Contributed Interest, concurrently with the Closing, Buyer shall assume and be responsible for <br />(and shall indemnify and hold Sellers harmless from and against) all obligations and liabilities <br />associated with the Purchased Interests purchased by Buyer and the Contributed Interest contributed <br />to Charter LLC by FHGLP, whether such obligations and liabilities arose prior to Closing or arise <br />after the Closing, including (and notwithstanding any provision of applicable law to the contrary) <br />all obligations and liabilities arising out of the ownership of a general parmcrship interest in any <br />Falcon Company (collectively, the "Assumed Liabilities"), it being the intent of rhe paries that <br />Sellers be protected against liabilities of the Falcon Companies as if the Sellers were stockholders <br />in a corporation or members in a limited liability company; provided that Buyer shall not be deemed <br />to have assumed directly any obligations and liabilities of the Falcon Companies vis-a-vis any <br />Person that is not a party to this Agreement, and no such Person shall have any greater rights vis-a- <br />vis Buyer or any of the Falcon Companies than as a result of Buyer's and the Falcon Companies, <br />status as a general partner of the Falcon Companies. <br />(o) It is understood and agreed by Buyer that from and after the Closing none <br />of Sellers or thein partners or Shareholders or TCI Communications, Inc. (or any successor thereto) <br />shall have any further rights (subject to and without limiting thein indemnification and exculpation <br />rights as provided in Section 6.13), obligations or responsibilities of my nature whatsoever pursuant <br />to the provisions of the Amended and Restated Agreement of Limited Partnership of Falcon <br />Communications, L.P. dated as of December 30, 1997, as amended, or the Contribution and <br />Purchase Agreement dated as of December 30, 1997 among Falcon, FHGLP, TO and certain other <br />Parties, as amended, irrespective of when such obligations or responsibilities may have arisen or be <br />deemed to have arisen. <br />MI=3 eaEcmw.0 16 <br />