ASSUMPTION AGREEMENTAssumption Agreement |
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DOBSON COMMUNICATIONS CORP | HIGHLAND CELLULAR LLC | BEAR STEARNS CORPORATE LENDING INC | ACC Holdings, LLC. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Exhibit 10.2
ASSUMPTION AGREEMENT
ASSUMPTION
AGREEMENT, dated as of October 18, 2006, made by HIGHLAND CELLULAR LLC, a
Delaware limited liability company (the “Additional Grantor”),
in favor of BEAR STEARNS CORPORATE LENDING INC., as Administrative Agent. All
capitalized terms not defined herein shall have the meaning ascribed to them in
the Credit Agreement referred to below.
W I T N E S S E T H :
WHEREAS,
American Cellular Corporation, a Delaware corporation (the “Borrower”),
the Lenders, the Subsidiary Guarantors, ACC Holdings, LLC, an Oklahoma limited
liability company (“Holdings”), as Guarantor and the
Administrative Agent have entered into a Credit Agreement, dated as of
August 7, 2006 (as amended, supplemented or otherwise modified from time
to time, the “Credit Agreement”);
WHEREAS,
in connection with the Credit Agreement, the Borrower and certain of its
Affiliates (other than the Additional Grantor) have entered into the Guarantee
and Collateral Agreement, dated as of August 7, 2006 (as amended,
supplemented or otherwise modified from time to time, the “Guarantee
and Collateral Agreement”) in favor of the Administrative Agent for
the benefit of the Secured Parties;
WHEREAS,
the Credit Agreement requires the Additional Grantor to become a party to the
Guarantee and Collateral Agreement; and
WHEREAS,
the Additional Grantor has agreed to execute and deliver this Assumption
Agreement in order to become a party to the Guarantee and Collateral Agreement;
NOW,
THEREFORE, IT IS AGREED:
1. Guarantee and Collateral






