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SEC Filings

S-4
RENAISSANCE MEDIA GROUP LLC filed this Form S-4 on 06/12/1998
Entire Document
 
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         "Parent Companies Guarantee" means the guarantee agreement
substantially in the form of Exhibit D-1 by Parent Companies for the benefit of
the Administrative Agent, as amended from time to time.

         "Parent Companies Interest Expense" means, for any period, the cash
interest expense of Parent Companies for such period, including in any event the
interest portion of payments under Capital Lease Obligations, but excluding (i)
any amortization of debt issuance costs and (ii) to the extent included in
interest expense in accordance with Financial Accounting Standards Board
Statements Nos. 87 and 106, deferred payment obligations with respect to pension
plans and post retirement benefits.

         "Parent Companies Pledge Agreement" means the pledge agreement
substantially in the form of Exhibit G among Parent Companies and the
Administrative Agent entered into as of the Effective Date, as amended from time
to time.

         "Parent Companies Subsidiary" means any direct or indirect wholly owned
subsidiary of either Parent Company.

         "PBGC" means the Pension Benefit Guaranty Corporation referred to and
defined in ERISA and any successor entity performing similar functions.

         "Permitted Acquisition" means any acquisition (other than the
Acquisition), whether in a single transaction or series of related transactions,
by the Borrower or any one or more Subsidiaries, or any combination thereof, of
(i) all or a substantial part of the assets, or a going concern business or
division, of any Person, whether through purchase of assets or securities, by
merger or otherwise, (ii) control of securities of an existing corporation or
other Person having ordinary voting power (apart from rights accruing under
special circumstances) to elect a majority of the board of directors of such
corporation or other Person or (iii) control of a greater than 50% ownership
interest in any existing partnership, joint venture or other Person, provided
that:

                  (v) both before and immediately after giving effect to such
         acquisition, no Default shall have occurred and be continuing;

                  (w) the Person whose assets, securities or equity interests
         are being acquired is engaged in the cable television business or a
         business related, ancillary or complementary thereto;

                  (x) the Borrower shall be in compliance with Sections 6.12,
         6.13, 6.14 and 6.15 after the Adjusted Consolidated Senior Leverage
         Ratio,

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