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SEC Filings

424B3
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form 424B3 on 09/01/1999
Entire Document
 
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EVENTS OF DEFAULT AND REMEDIES
 
     Each of the following is an Event of Default:
 
          (1) default for 30 days in the payment when due of interest on the
     notes;
 
          (2) default in payment when due of the principal of or premium, if
     any, on the notes;
 
          (3) failure by Charter Holdings or any of its Restricted Subsidiaries,
     to comply with the provisions described under the captions "-- Change of
     Control" or "-- Merger, Consolidation, or Sale of Assets";
 
          (4) failure by Charter Holdings or any of its Restricted Subsidiaries,
     for 30 days after written notice thereof has been given to Charter Holdings
     by the trustee or to Charter Holdings and the trustee by holders of at
     least 25% of the aggregate principal amount of the notes outstanding to
     comply with any of their other covenants or agreements in the indentures;
 
          (5) default under any mortgage, indenture or instrument under which
     there may be issued or by which there may be secured or evidenced any
     Indebtedness for money borrowed by Charter Holdings or any of its
     Restricted Subsidiaries, or the payment of which is guaranteed by Charter
     Holdings or any of its Restricted Subsidiaries, whether such Indebtedness
     or guarantee now exists, or is created after the date of the indentures, if
     that default:
 
             (a) is caused by a failure to pay at final stated maturity the
        principal amount on such Indebtedness prior to the expiration of the
        grace period provided in such Indebtedness on the date of such default
        (a "Payment Default"); or
 
             (b) results in the acceleration of such Indebtedness prior to its
        express maturity, and, in each case, the principal amount of any such
        Indebtedness, together with the principal amount of any other such
        Indebtedness under which there has been a Payment Default or the
        maturity of which has been so accelerated, aggregates $100.0 million or
        more;
 
          (6) failure by Charter Holdings or any of its Restricted Subsidiaries
     to pay final judgments which are non-appealable aggregating in excess of
     $100.0 million, net of applicable insurance which has not been denied in
     writing by the insurer, which judgments are not paid, discharged or stayed
     for a period of 60 days; and
 
          (7) Charter Holdings or any of its Significant Subsidiaries pursuant
     to or within the meaning of bankruptcy law:
 
             (a) commences a voluntary case,
 
             (b) consents to the entry of an order for relief against it in an
        involuntary case,
 
             (c) consents to the appointment of a custodian of it or for all or
        substantially all of its property, or
 
             (d) makes a general assignment for the benefit of its creditors; or
 
          (8) a court of competent jurisdiction enters an order or decree under
     any bankruptcy law that:
 
             (a) is for relief against Charter Holdings or any of its
        Significant Subsidiaries in an involuntary case;
 
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