Exhibit 10.15
BILL OF SALE & ASSIGNMENT AND
ASSUMPTION AGREEMENT
This BILL OF SALE & ASSIGNMENT
AND ASSUMPTION AGREEMENT (this “Assignment and
Assumption”) is made as of March 1, 2004 by and among Charter
Communications VI, LLC, a limited liability company, The Helicon
Group, L.P., a limited partnership, Interlink Communications
Partners, LLC, a limited liability company, and Charter
Communications, LLC, a limited liability company, each organized
under the laws of the State of Delaware, and Falcon Telecable, a
limited partnership organized under the laws of the State of
California (collectively, the “Assignors” and each
individually, an “Assignor”), and Atlantic Broadband
Finance, LLC, a limited liability company organized under the laws
of the State of Delaware (“Assignee”).
RECITAL
This Assignment and Assumption is
entered into in connection with that certain Asset Purchase
Agreement, dated as of September 3, 2003, as amended October 31,
2003, December 3, 2003 and February 27, 2004 (as amended, the
“Purchase Agreement”) by and among Assignors, Hornell
Television Service, Inc., Charter Communications Holdings, LLC and
Assignee, pursuant to which on the Closing Date, Assignors will
transfer all right, title and interest in and to the Purchased
Assets (as hereinafter defined) to Assignee. Capitalized terms used
but not otherwise defined herein shall have the respective meanings
ascribed to them in the Purchase Agreement.
AGREEMENT
NOW, THEREFORE, in consideration of
the foregoing promises, the transactions contemplated by the
Purchase Agreement, and other good and valuable consideration, the
receipt and sufficiency of which hereby are acknowledged, Assignors
and Assignee agree as set forth below.
Section 1. Transfer of Purchased
Assets. Pursuant to the
terms of the Purchase Agreement, each Assignor does hereby sell,
assign, transfer, convey and deliver to Assignee and Assignee does
hereby accept from each Assignor, all right, title and interest of
each Assignor in the Purchased Assets, free and clear of all
Encumbrances other than Permitted Encumbrances, but subject to the
Required Consents that have not been obtained as of the Closing
Date as set forth in Schedule 1 attached hereto to the
extent they relate to the Purchase Assets. As used in this
Assignment and Assumption, the term “Purchased Assets”
means all of the Assets other than the (a) LLC Assets, and (b)
Retained Consent Franchises; provided , however, that the
Purchased Assets shall not include any of the Excluded
Assets.
Section 2. Assumption of Assumed
Liabilities. Subject to
the terms, provisions and conditions contained in the Purchase
Agreement, Assignee hereby assumes and agrees to pay, discharge and
perform, on and after the Closing Date: (a) the liabilities and
obligations under those agreements set forth on Schedule 2
attached hereto which relate to the Purchased Assets to the extent
accruing and relating to the period from and after the Closing
Date, and (b) all Assumed Liabilities other than (i) the LLC
Assumed Liabilities, (ii) liabilities and obligations under any
Retained Consent Franchises, and (ii) the Retained
Liabilities.
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Section 3. Agreement.
This Assignment and Assumption is
subject to and controlled by the terms of the Purchase Agreement,
including all of the representations, warranties, covenants and
agreements set forth in the Purchase Agreement. Nothing contained
herein shall be deemed to alter, modify, expand or diminish the
terms and provision set forth in the Purchase Agreement, including
the representations, warranties and covenants of the parties
contained therein.
Section 4. Further
Assurances. Assignors and
Assignee shall execute and deliver from time to time hereafter,
upon reasonable request of the other party, all such further
documents and instruments, and shall do and perform all such acts
as may be necessary or reasonably requested by the other party, to
give full effect to the intent and meaning of this Assignment and
Assumption.
Section 5.
Miscellaneous
5.1 Governing Law.
This Assignment and Assumption
shall be governed by the laws of the State of Delaware without
regard to the conflicts of laws or rules of any other
jurisdiction.
5.2 Counterparts.
This Assignment and Assumption may
be executed in any number of counterparts, provided each of the
parties hereto executes at least one counterpart. Each such
counterpart hereof shall be deemed to be an original instrument,
but all such counterparts together shall constitute but one
agreement.
[Signature Page Follows]
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IN WITNESS WHEREOF, the undersigned
have executed this Assignment and Assumption effective as of the
date first written above.
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Assignors :
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CHARTER COMMUNICATIONS VI, LLC,
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a Delaware limited liability company
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By: / S / D EREK C HANG
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Name: Derek Chang
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Title: Executive Vice
President
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THE HELICON GROUP, L.P.,
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a Delaware limited partnership
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By: / S / D EREK C HANG
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Name: Derek Chang
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Title: Executive Vice
President
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INTERLINK
COMMUNICATIONS PARTNERS, LLC, a Delaware limited liability
company
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By: / S / D EREK C HANG
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Name: Derek Chang
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Title: Executive Vice
President
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CHARTER COMMUNICATIONS, LLC,
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a Delaware limited liability company
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By: / S / D EREK C HANG
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Name: Derek Chang
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Title: Executive Vice
President
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FALCON TELECABLE,
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a California limited partnership
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By: / S / D EREK C HANG
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Name: Derek Chang
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Title: Executive Vice
President
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Assignee :
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ATLANTIC BROADBAND FINANCE, LLC,
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a Delaware limited liability company
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By: / S / P ATRICK B RATTON
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Name: Patrick Bratton
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Title: Chief Financial
Officer
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Schedule 1
(see attached)
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Schedule 2
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1.
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Agreement,
dated December 21, 1985, between Delmarva Power & Light Company
and Triat CATV (St. Michaels, MD). Consent required for
assignment.
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2.
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Agreement,
dated December 4, 1984, between Conowingo Power company and Del-Mar
Cablevision Assoc., L.P. (Chesapeake City, MD). Consent required
for assignment.
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3.
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CATV Pole Lease
Agreement, dated December 19, 1988, between GTE South Incorporated
and TCI of West Virginia, Inc. (Frontier) Consent required for
assignment.
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4.
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License
Agreement for Pole Attachments and/or Conduit Occupancy in West
Virginia dated May 12, 1999 between Bell Atlantic-West Virginia,
Inc. and Helicon Partners I, L.P. (Verizon West Virginia) Consent
required for assignment.
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5.
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License
Agreement for Pole Attachments and/or Conduit Occupancy in West
Virginia dated April 1, 1988 between Bell Atlantic-West Virginia,
Inc. and CMA Cablevision Associates VII, L.P. (Kaiser-Piedmont;
Verizon West Virginia) Consent required for assignment.
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6.
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Agreement,
dated September 15, 1993, between Pennsylvania Electric Company and
The Helicon Group, L.P. (Clarion County, PA) Consent required for
assignment.
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7.
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Agreement,
dated October 7, 1983, between Delmarva Power & Light Company
and Simmons Communications of De —MD, (Chestertown &
surrounding area of Kent & Queen Ann’s Counties, MD);
Consent required for assignment.
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8.
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Agreement,
dated November 17, 2000, between Norfolk Southern Railway Company
and Hornell Television Service, Inc. d/b/a Charter Communications
(144’ east of Bridge No. 411.86). Consent required for
assignment.
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9.
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Agreement,
dated November 17, 2000, between Norfolk Southern Railway Company
and Hornell Television Service, Inc. d/b/a Charter Communications
(2071’ east of Milepost 2). Consent required for
assignment.
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10.
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Railway
Crossing Agreement between Charter Communications, LLC and CSX
Transportation, Inc. dated October 24, 1988 (Howard, FL). Consent
required for assignment. Consent required for
assignment.
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11.
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Railway
Crossing Agreement between Florida East Coast Railway and Charter
Communications for 3 crossings at MP 354 (NE 172 Miami), MP 7(W
8 th Hialeah), MP 15 (SW 44 St Miami).
Consent required for assignment.
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12.
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Wireline
Crossing Agreement dated October 22, 2001 between CSX
Transportation, Inc. and Interlink Communications Partners, LLC
d/b/a Charter Communications. Consent required for
assignment.
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13.
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Agreement dated
March 25, 1993 between South Branch Valley Railroad and Cable
Equities of the Virginias, LTD. Consent required for assignment.
(West Virginia Rail Authority).
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14.
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Agreement dated
March 25, 1993 between South Branch Valley Railroad and Cable
Equities of the Virginias, LTD. Consent required for assignment.
(West Virginia Rail Authority).
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15.
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Agreement dated
March 25, 1993 between South Branch Valley Railroad and Cable
Equities of the Virginias, LTD. Consent required for assignment.
(West Virginia Rail Authority).
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16.
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Wireline
Crossing Agreement dated October 22, 2001 between CSX
Transportation, Inc. and Interlink Communications Partners, LLC
d/b/a Charter Communications. Consent required for
assignment.
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17.
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Wireline
Crossing Agreement dated July 17, 1980 between CSX Transportation,
Inc. and Interlink Communications Partners, LLC d/b/a Charter
Communications (WM L60585; North Branch, MD). Consent required for
assignment./
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18.
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Agreement dated
November 3, 2003 between Norfolk Southern Railway Company and
Charter Communications VI, LLC (Milepost JK-6.64). Consent required
for assignment.
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19.
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Facilities
Agreement dated April 25, 1997, between the New York & Lake
Erie Railroad and TWFanch-one Co. (Little Valley, NY near MP 420.3;
now with Cattaraugus Local Development Corp.).
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20.
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License
Agreement for Wire, Pipe and Cable Transverse Crossings and
Longitudinal Occupations dated May 25, 1978 between Consolidated
Rail Corporation and Warner Cable Corp. Consent Required for
assignment. (Valuation Station 405+234 in Clearfield County, PA;
now held by R. J. Corman Railroad).
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21.
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License
Agreement for Wire, Pipe and Cable Transverse Crossings and
Longitudinal Occupations dated September 22, 1977 between
Consolidated Rail Corporation and Warner Cable of Bradford. Consent
Required for assignment. (Valuation Station 778+73 in Bradford,
McKean County, PA; now held by Minard Run Oil Company).
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22.
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Agreement dated
March 4, 1982 between National Railroad Passenger Corporation and
Penn Communications, Inc. Expires February 14, 2082. Consent
required for assignment. (Amtrak).
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23.
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Video
Programming Service Agreement, dated September 1, 1998, between
Rifkin / Narragansett South Florida CATV Limited Partnership d/b/a
Cablevision Communications and Byhall Limited
Partnership.
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24.
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Commercial
Cable Television Service Agreement dated January 1, 1998, between
TWFanch-One Co. d/b/a Cablecomm and Holiday Inn Express.
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25.
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Private
Property Removal Contract, dated October 1, 2003, between Brat
Towing & Recovery, Inc. and Charter Communications.
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26.
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Channel Lease
Agreement, dated September 1, 2003, between Charter Communications
VI, LLC and Commercial Video Services, Inc.
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27.
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Master
Agreement dated May 19, 2002 between Charter Communications Holding
Company, LLC and AM-Nex-Link Communications.
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28.
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Master
Agreement dated December 18, 2002 between Charter Communications
Holding Company, LLC and Unitec Communications, Inc.
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29.
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Commercial
Service Agreement, dated August 18, 2003 between Charter
Communications VI, LLC and Bovard, Inc.
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30.
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Commercial
Service Agreement, dated August 25, 2003 between Charter
Communications VI, LLC and U.S. Air Force Recruiting
Office.
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31.
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Commercial
Service Agreement, dated August 14, 2003 between Charter
Communications VI, LLC and Electric Motor & Supply,
Inc.
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