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SEC Filings

S-1/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1/A on 11/04/1999
Entire Document
 
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     Among other restrictions, the indenture governing the Bresnan notes limits
the ability of Bresnan Communications Group LLC and its specified subsidiaries
to:
 
         - incur additional debt;
 
         - make specified restricted payments;
 
         - create liens;
 
         - create or permit any restrictions on the payment of dividends or
           other distributions to Bresnan Communications Group LLC;
 
         - guarantee debt;
 
         - consolidate with, merge into or transfer all or substantially all of
           their assets;
 
         - sell assets; and
 
         - transact business with their affiliates.
 
   
     The events of default for the Bresnan notes include a cross-default
provision that is triggered by any acceleration of the maturity of debt in a
total amount in excess of $15 million of Bresnan or the specified subsidiaries
of Bresnan or the failure to pay debt in this amount at final maturity.
    
 
     As of June 30, 1999, there was $170.0 million total principal outstanding
on the Bresnan senior notes and the accreted value of the outstanding Bresnan
senior discount notes was $181.8 million.
 
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