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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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          (15) Liens arising from the rendering of a final judgment or order
     against Charter Holdings or any of its Restricted Subsidiaries that does
     not give rise to an Event of Default;
 
          (16) Liens securing reimbursement obligations with respect to letters
     of credit that encumber documents and other property relating to such
     letters of credit and the products and proceeds thereof;
 
          (17) Liens encumbering customary initial deposits and margin deposits,
     and other Liens that are within the general parameters customary in the
     industry and incurred in the ordinary course of business, in each case,
     securing Indebtedness under Hedging Obligations and forward contracts,
     options, future contracts, future options or similar agreements or
     arrangements designed solely to protect Charter Holdings or any of its
     Restricted Subsidiaries from fluctuations in interest rates, currencies or
     the price of commodities;
 
          (18) Liens consisting of any interest or title of licensor in the
     property subject to a license;
 
          (19) Liens on the Capital Stock of Unrestricted Subsidiaries;
 
          (20) Liens arising from sales or other transfers of accounts
     receivable which are past due or otherwise doubtful of collection in the
     ordinary course of business;
 
          (21) Liens incurred in the ordinary course of business of Charter
     Holdings, with respect to obligations which in the aggregate do not exceed
     $50 million at any one time outstanding;
 
          (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 Charter
Holdings 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 Charter Holdings or any of its Restricted
Subsidiaries, other than intercompany Indebtedness, provided that unless
permitted otherwise by the indentures, no Indebtedness of Charter Holdings 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 Charter Holdings 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
 
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