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SEC Filings

S-4/A
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4/A on 05/12/1999
Entire Document
 
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          (22) Liens in favor of the Trustee arising under the provisions in the
     Indentures under the subheading "-- Compensation and Indemnity"; and
 
          (23) Liens in favor of the Trustee for its benefit and the benefit of
     holders of the Notes, as their respective interests appear.
 
     "PERMITTED REFINANCING INDEBTEDNESS" means any Indebtedness of the Company
or any of its Restricted Subsidiaries, issued in exchange for, or the net
proceeds of which are used to extend, refinance, renew, replace, defease or
refund other Indebtedness of the Company or any of its Restricted Subsidiaries
(other than intercompany Indebtedness); provided that unless permitted otherwise
by the Indentures, no Indebtedness of the Company or any of its Restricted
Subsidiaries may be issued in exchange for, or the net proceeds of are used to
extend, refinance, renew, replace, defease or refund Indebtedness of the Company
or any of its Restricted Subsidiaries; provided, further, that:
 
          (1) the principal amount (or accreted value, if applicable) of such
     Permitted Refinancing Indebtedness does not exceed the principal amount of
     (or accreted value, if applicable), plus accrued interest and premium, if
     any, on, the Indebtedness so extended, refinanced, renewed, replaced,
     defeased or refunded (plus the amount of reasonable expenses incurred in
     connection therewith);
 
          (2) such Permitted Refinancing Indebtedness has a final maturity date
     later than the final maturity date of, and has a Weighted Average Life to
     Maturity equal to or greater than the Weighted Average Life to Maturity of,
     the Indebtedness being extended, refinanced, renewed, replaced, defeased or
     refunded;
 
          (3) if the Indebtedness being extended, refinanced, renewed, replaced,
     defeased or refunded is subordinated in right of payment to the Notes, such
     Permitted Refinancing Indebtedness has a final maturity date later than the
     final maturity date of, and is subordinated in right of payment to, the
     Notes on terms at least as favorable to the holders of Notes as those
     contained in the documentation governing the Indebtedness being extended,
     refinanced, renewed, replaced, defeased or refunded; and
 
          (4) such Indebtedness is incurred either by the Company or by any of
     its Restricted Subsidiaries who is the obligor on the Indebtedness being
     extended, refinanced, renewed, replaced, defeased or refunded.
 
     "PRINCIPAL" means Paul G. Allen.
 
     "PRODUCTIVE ASSETS" means assets (including assets of a referent Person
owned directly or indirectly through ownership of Capital Stock) of a kind used
or useful in the Cable Related Business.
 
     "QUALIFIED CAPITAL STOCK" means any Capital Stock that is not Disqualified
Stock.
 
   
     "RATING AGENCIES" means Moody's and S&P.
    
 
     "RELATED PARTY" means:
 
          (1) the spouse or an immediate family member, estate or heir of the
     Principal; or
 
          (2) any trust, corporation, partnership or other entity, the
     beneficiaries, stockholders, partners, owners or Persons beneficially
     holding an 80% or more controlling interest of which consist of the
     Principal and/or such other Persons referred to in the immediately
     preceding clause (1).
 
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