Print Page  Close Window

SEC Filings

S-4/A
RENAISSANCE MEDIA GROUP LLC filed this Form S-4/A on 08/06/1998
Entire Document
 
<PAGE>
 
                                      -16-

III.A.1.a. of this Contract.  The provisions of this Contract will become
effective as to any such additional system upon such notification to affected
LFAs, which date shall become the Publication Date as to such system, and the
provisions of this Contract shall extend for a period of five years from that
date.

          b. In the event of a sale of any system during the period of
applicability of this Contract, the purchaser may elect, with the concurrence of
the FCC, for the provisions of this Contract to continue to apply to such
system.  Such FCC concurrence shall be expeditiously decided and not be
unreasonably withheld.  In the event the purchaser elects not to have the
provisions of this Contract apply to any such system, the CPST subscribers to
such system shall be eligible for the refunds calculated pursuant to Section
III.F.5. in the event the upgrade commitment described in Section III.F.1. has
not been completed prior to the consummation of such sale.

          c. The upgrade capital costs set forth in Section III.F.1. of this
Contract shall be adjusted, as mutually agreed to by TWC and the Commission, to
reflect any addition or deletion of systems subject to this Contract.  The
approval from the Commission of such adjustment shall be expeditiously decided
and not be unreasonably withheld.

     G.   BST AND CPST RATE STABILITY.
          --------------------------- 

          1. In the event the FCC establishes regulations allowing annual
adjustments to BST and CPST rates, with procedures designed to reduce regulatory
lag, TWC agrees to be bound by such regulations and to elect to adjust BST and
CPST rates on an annual basis pursuant to such regulations, provided, however,
                                                            --------  ------- 
TWC shall not be delayed