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1999-080-COX COMMUNICATIONS FRANCHISE AUTHORITY
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1999-080-COX COMMUNICATIONS FRANCHISE AUTHORITY
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Last modified
8/18/2006 4:30:09 PM
Creation date
1/24/2001 3:01:18 PM
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CITY CLERK
Doc Name
1999
Doc Type
Resolution
CITY CLERK - Date
6/21/1999
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<br />(b) This Section 5.13 is intended to benefit !h'e Indemnified Parties and shall be <br />binding on all successors and assigns of Parent, Merger Sub and the Surviving Corporation. <br /> <br />Section 5.14 Registration and Ljsting of Parent Class A Common Stock. <br /> <br />(a) Parent will use all reasonable best efforts to register the Parent class A <br />Common Stock to be issued pursuant to this Agreement under the applicable provisions of the <br />Securities Act. <br /> <br />(b) Parent will use all reasonable best efforts to cause the Parent Class A <br />Common Stock to be issued pursuant to this Agreement to be listed for trading on the NYSE. <br /> <br />Section 5.15 Rate and ProQIanuning Information. No later than five Business Days after <br />the date of this Agreement, the Company shall deliver to Parent (i) copies of each of the Company <br />Entities' rate structures as of the date of this Agreement and (ii) listings of all of the progranuning <br />(by tier) offered to subscribers or customers of each of the Company Entities as of the date of this <br />Agreement. <br /> <br />Section 5.16 Classic Cable Division. Parent acknowledges that it is Parent's current <br />intention (a) to operate the Surviving Corporation as a stand-alone division of Parent, with its <br />headquarters in Tyler, Texas, which would own, operate and maintain Classic Cable television <br />systems and (b) that the President of the Surviving Corporation shall report directly to the President <br />and Chief Executive Officer of Parent. <br /> <br />Section 5.17 Warrant. The Company shall use reasonable best efforts to cause the Warrant <br />to be exercised in full prior to the Effective Time. <br /> <br />Section 5.18 Donrev Waiver. The Company shall use its reasonable efforts to obtain from <br />DR Partners, a Nevada general partnership, a waiver and release of all of its rights, powers and <br />privileges pursuant to Section 3 .4( c) of the Amended and Restated General Partnership Agreement <br />dated as of April 11, 1996 by and between DR Partners and TAL Financial Corporation in <br />connection with the execution, delivery and performance of this Agreement. <br /> <br />ARTICLE SIX <br /> <br />CONDITIONS OF PARENT'S AND MERGER SUB'S OBLIGATIONS <br /> <br />Section 6.1 In General. The obligations of Parent and Merger Sub to complete the <br />transactions provided for in this Agreement are subject to all ofthe conditions set forth below in this <br />Article Six, any of which may be waived in writing by Parent and Merger Sub. <br /> <br />Section 6.2 Receiot of Consents. All of the License Consents, Franchise Consents and <br />waivers of all Purchase Rights shall have been obtained, made and delivered to Parent and shall be <br />Final (in the case of any consent or waiver from a Governmental Authority) and in full force and <br /> <br />AT l/90584-8 <br /> <br />43 <br />
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