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SENIOR BRIDGE LOAN AGREEMENT CCO HOLDINGS, LLC

Bridge Loan Agreement

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CHARTER COMMUNICATIONS INC /MO/ | CCO HOLDINGS, LLC, | J.P. MORGAN SECURITIES INC.

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Title: SENIOR BRIDGE LOAN AGREEMENT CCO HOLDINGS, LLC
Governing Law: New York     Date: 10/19/2005
Industry: BRDCST     Law Firm: Gibson, Dunn & Crutcher LLP     Sector: SERVIC

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exhibit 10.1

Exhibit 10.1

 




 


 

$600,000,000

 

SENIOR BRIDGE LOAN AGREEMENT

 

CCO HOLDINGS, LLC,

as Borrower,

 

CCO HOLDINGS CAPITAL CORP.,

as Guarantor,

 

J.P. MORGAN SECURITIES INC.

and

CREDIT SUISSE, CAYMAN ISLANDS BRANCH,

as Joint Lead Arrangers and Joint Bookrunners,

 

 

JPMORGAN CHASE BANK, N.A.,

as Administrative Agent

 

and

 

DEUTSCHE BANK SECURITIES INC.

as Documentation Agent

 

 

Dated as of October 17, 2005

 

 


 



 


 

TABLE OF CONTENTS

 

Page

 

SECTION 1.

DEFINITIONS

1

 

 

 

1.1.

Defined Terms

1

1.2.

Other Definitional Provisions

28

 

 

 

SECTION 2.

AMOUNT AND TERMS OF COMMITMENTS

28

 

 

 

2.1.

Commitments

28

2.2.

Procedure for Borrowing

29

2.3.

Reduction and Termination of Commitments

29

2.4.

Optional Prepayments

29

2.5.

Mandatory Prepayments

30

2.6.

Ticking Fee

31

2.7.

Interest Rates and Payment Dates

31

2.8.

Computation of Interest and Fees

31

2.9.

[Intentionally Omitted]

31

2.10.

Pro Rata Treatment and Payments

31

2.11.

Requirements of Law

32

2.12.

Taxes

34

2.13.

Indemnity

35

2.14.

Change of Lending Office

36

2.15.

Repayment of Loans

36

2.16.

Replacement of Lenders

36

 

 

 

SECTION 3.

REPRESENTATIONS AND WARRANTIES OF THE LENDERS

36

 

 

 

SECTION 4.

REPRESENTATIONS AND WARRANTIES OF THE LOAN PARTIES

37

 

 

 

4.1.

Financial Condition

37

4.2.

No Change

37

4.3.

Existence; Compliance with Law

37

4.4.

Power; Authorization; Enforceable Obligations

37

4.5.

No Legal Bar

38

4.6.

Litigation

38

4.7.

No Default

38

4.8.

Ownership of Property; Liens

38

4.9.

Intellectual Property

38

4.10.

Taxes

38

4.11.

Federal Regulations

39

4.12.

Labor Matters

39

4.13.

ERISA

39

4.14.

Investment Company Act; Other Regulations

39

4.15.

[Intentionally Omitted]

39

4.16.

Use of Proceeds

39

4.17.

Environmental Matters

39

4.18.

Certain Cable Television Matters

40

4.19.

Accuracy of Information, Etc.

41

 

 

 

-i-


 

 

4.20.

Solvency

41

4.21.

Certain Tax Matters

41

4.22.

No Burdensome Restrictions

41

4.23.

Refinancings

41

 

 

 

SECTION 5.

CONDITIONS PRECEDENT

41

 

 

 

5.1.

Conditions to Effectiveness

41

5.2.

Conditions to Each Loan

42

 

 

 

SECTION 6.

COVENANTS

42

 

 

 

6.1.

Payment of Obligations

43

6.2.

Reports

43

6.3.

Compliance Certificate

43

6.4.

Taxes, etc.

44

6.5.

Stay, Extension and Usury Laws

44

6.6.

Restricted Payments

44

6.7.

Investments

48

6.8.

Dividend and Other Payment Restrictions Affecting Subsidiaries

48

6.9.

Incurrence of Indebtedness and Issuance of Preferred Stock

50

6.10.

Limitation on Asset Sales

53

6.11.

Sale and Leaseback Transactions

53

6.12.

Transactions with Affiliates

54

6.13.

Liens

55

6.14.

Existence

55

6.15.

Limitations on Issuances of Guarantees of Indebtedness

55

6.16.

Payments for Consent

56

6.17.

Merger, Consolidation, or Sale of Assets

56

6.18.

Exchange Notes

57

 

 

 

SECTION 7.

EVENTS OF DEFAULT

58

 

 

 

SECTION 8.

THE AGENTS

60