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Casey &Rollins 300 Summers Street Lewis Glasser BBQT Square, Smte 700 Post Office Box 1746 &RollinsPLLC Casey 3 Charleston, WV 25326 LAW OFFICES Telephone 304 345 2000 Telecopier 304 343 7999 ---?*"--.e- ~ x Writer's Contact Informanon aream@,lrcr.corn Via Hand Delivery Sandra Squire, Director West Virginia Public Service Commission 201 Brooks Street Charleston, WV 25301 Re: Case No. 08-1667-CTV-FA and Case No. 08-1668-CTV-FA Rapid Communications, LLC/ Shentel Cable Company (Gilmer and Nicholas Counties) Dear Ms. Squire: Pursuant to the October 24,2008 Commission Orders in the above referenced matters, please find enclosed for filing, an unredacted copy of the materials that were previously submitted with the FCC Form 394, along with attachments. Also enclosed are 12 copies of this filing. If you have any questions or require further information, please do not hesitate to contact me. Amr/kam Enclosures .. 1 . Certain Definltlons.................................................................................................................. I 2 . Purchase and Sale ................................................................................................................... 9 2.1 Covenant of Purchase and Sale ....................................................................................... 9 2.2 Excluded Assets ............................................................................................................ 10 2.3 Assumed Liabilities ...................................................................................................... 11 2.4 Consideration ..................................................................................... :.......................... 11 2.5 Adjustments to Purchase Price...................................................................................... 12 2.6 Determination of Adjustments ........................................................... !.......................... 12 2.7 Allocation of Purchase Price ......................................................................................... 13 .............................................................................. 15 3 . Buyer's Remesentations.. and Warranties 3.1 Organization- of Buyer ................................................................................................... 15 3.2 Authority ....................................................................................................................... 15 3.3 No Conflict: Reauired Consents ...................................................................................15 4. Seller's Representations and Warranties............................................................................... 15 4.1 Organization and Qualification of Seller ......................................................................I 15 4.2 Authority ....................................................................................................................... 15 4.3 No Conflict: Required Consents ...................................................................................16 4.4 Assets; Title .................................................................................................................. 16 4.5 Real Propem................................................................................................................. 16 4.6 Acauired Contracts .......................................................................................................I 17 4.7 Employee Benefit and Emplovment Matters ................................................................ 18 4.8 Litigation .......................................................................................................................19 4.9 System Information .......................................................................................................19 4.10 System Financial Information and Reports ................................................................... 19 4.1 1 Governmental Permits: Compliance with LedReauirements .................................... 20 4.12 Patents. Trademarks and CopM-id~ts .............................................................................21 4.13 Accounts Receivable..................................................................................................... 22 4.14 Title to Assets; Sufficiency........................................................................................... 22 4.15 Insurance Policies ......................................................................................................... 22 4.16 Financial Statements .................................................................... ................................ 23 4.17 Taxes ............................................................................................................................. 23 4.18 Absence of Certain Changes .........................................................................................23 4.19 Environmental. Health and Safetv Matters ................................................................... 23 4.20 No Other Warranties ..........................................................................I .......................... 24 5 . Covenants................................................................................................... ;.......................... 24 5.1 Certain Affirmative Covenants of Seller ...........................................J .......................... 24 5.2 Certain Negative Covenants of Seller ................................................ !.......................... 26 5.3 Reauired Consents .............................................................................J .......................... 27 5.4 No ShopDing ................................................................................................................. 27 5.5 Updated Schedules......................................................................................................... 28 5.6 Confidentiality .............................................................................................................. 28 5.7 Emdovee Matters ......................................................................................................... 29 5.8 Title Insurance Commitments ....................................................................................... 30 5.9 Use of Names and Logos ................................................................... .......................... 30 1 5.10 Cooperation as to Subscriber Reimbursements ............................................................ 30 5.1 1 Bulk Sales ..................................................................................................................... 31 5.12 Tax Matters ................................................................................................................... 31 5.13 Non-Compete: Non-Solicitation ................................................................................... 31 5.13 Shared Contracts ........................................................................................................... 32 5.15 Access and Information ................................................................................................ 32 5.16 Environmental ...............................................................................................................33 5.17 Estoppel Certificates .....................................................................................................33 5.18 Digital Upaade Cooperation ........................................................................................ 33 5.19 Transition Planning ....................................................................................................... 33 6 . Conditions Precedent ............................................................................................................ 33 6.1 Conditions to Buyer’s Obligations ................................................................................ 33 6.2 Conditions to Seller’s Obligations ................................................................................ 35 7 . Closing .................................................................................................................................. 36 7.1 Closing: Time and Place ...............................................................................................36 7.2 Seller’s Obligations ....................................................................................................... 36 7.3 Buyer’s Obligations ......................................................................................................37 8 . Certain Post-Closing Matters and Covenants ....................................................................... 38 8.1 Lack of Consent for Transfer of Franchises.................................................................. 38 9 . Termination and Default ....................................................................................................... 38 9.1 Termination Events ....................................................................................................... 38 9.2 Effect of Termination .................................................................................................... 39 10. Indemnification ................................................................................................................. 40 10.1 Indemnification bv Seller .............................................................................................
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