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SEC Filings

S-1/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1/A on 11/01/1999
Entire Document
 
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Subordinated Debt, or in respect of any redemption, retirement, purchase or
other acquisition of any Subordinated Debt.

         (b) Upon the happening of an event of default or any event or condition
which with the passage of time or notice or both would constitute an event of
default with respect to any Senior Debt, as defined therein or in the instrument
under which the same is outstanding, permitting the holders thereof to
accelerate the maturity thereof (other than under circumstances when the terms
of Section 10.3(a) are applicable), then, unless and until such event of default
shall have been remedied or waived in writing or shall have ceased to exist
(unless, prior thereto, a proceeding of the type referred to in Section
10.3(b)(ii) shall have been commenced), no direct or indirect payment (in cash,
property or securities or by setoff or otherwise) shall be made or agreed to be
made on account of the Subordinated Debt, or as a sinking fund for the
Subordinated Debt, or in respect of any redemption, retirement, purchase or
other acquisition of any Subordinated Debt, during any period

                  (i) if 120 days after written notice of such default or such
         event or condition shall have been given to the Company by any holder
         of Senior Debt, provided that only two notices shall be given pursuant
         to the terms of this Section 10.3(b)(i) in any 12 consecutive calendar
         months on behalf of any class of Senior Debt; or

                  (ii) in which any judicial proceeding shall be pending in
         respect of such default and a notice of acceleration of the maturity of
         such Senior Debt shall have been transmitted to the Company in respect
         of such default.

         Section 10.4.     Insolvency, etc.  In the event of

                  (i) any insolvency, bankruptcy, receivership, liquidation,
         reorganization, readjustment, composition or other similar proceeding
         relating to the Company, its creditors as such or its property,

                  (ii) any proceeding for the liquidation, dissolution or other
         winding-up of the Company, voluntary or involuntary, whether or not
         involving insolvency or bankruptcy proceedings,

                  (iii) any assignment by the Company for the benefit of
         creditors, or

                  (iv) any other marshaling of the assets of the Company.




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