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SEC Filings

S-4
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4 on 01/25/2000
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from an Asset Sale that was made pursuant to and in compliance with Section
4.11;

                 (5) any Investment made out of the net cash proceeds of the
issue and sale since the Existing Notes Issue Date (other than to a Subsidiary
of the Company) of Equity Interests (other than Disqualified Stock) of the
Company to the extent that such net cash proceeds have not been applied to make
a Restricted Payment or to effect other transactions pursuant to Section 4.07
or to the extent such net cash proceeds have not been used to incur
Indebtedness pursuant to clause (10) of Section 4.10;
                 (6) Investments in Productive Assets having an aggregate fair
market value (measured on the date each such Investment was made and without
giving effect to subsequent changes in value), when taken together with all
other Investments made pursuant to this clause (6) since the Existing Notes
Issue Date, not to exceed $150 million; provided that the Company or any of its
Restricted Subsidiaries, after giving effect to such Investments, will own at
least 20% of the Voting Stock of such Person;

                 (7) other Investments in any Person having an aggregate fair
market value (measured on the date each such Investment was made and without
giving effect to subsequent changes in value), when taken together with all
other Investments made pursuant to this clause (7) since the Existing Notes
Issue Date, not to exceed $50 million; and

                 (8) Investments in customers and suppliers in the ordinary
course of business which either (A) generate accounts receivable or (B) are
accepted in settlement of bona fide disputes.

                 "Permitted Liens" means:

                 (1) Liens on the assets of the Company securing Indebtedness
and other Obligations under clause (1) of Section 4.10;

                 (2) Liens in favor of the Company;

                 (3) Liens on property of a Person existing at the time such
Person is merged with or into or consolidated with the Company; provided that
such Liens were in existence prior to the contemplation of such merger or
consolidation and do not extend to any assets other than those of the Person
merged into or consolidated with the Company;

                 (4) Liens on property existing at the time of acquisition
thereof by the Company; provided that such Liens were in existence prior to the
contemplation of such acquisition;

                 (5) Liens to secure the performance of statutory obligations,
                     surety or appeal