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HomeMy WebLinkAboutAgreement_General_07/31/2006 ' a NOTICE OF LEASE ASSIGNMENT September 1, 2006 Village of Tequesta Florida Post Office Box 3273 357 Tequesta Drive Tequesta, Florida 33469 -0273 Re: Lease dated as of April 4, 1990 between Village of Tequesta, as landlord and Southeast Florida Cable, Inc. successor in interest to Adelphia Cable Communications, as tenant with respect to real property located at Road 960 Old Dixie Highway, Tequesta, FL (as amended to the date hereof, the "Lease "). Ladies and Gentlemen: Please take note that the tenant's interest in the Lease has been assigned to Comcast of Florida/Georgia, LLC, briefly known as Cable Holdco Exchange II, LLC, a subsidiary of Comcast Corporation. The assignment became effective. on July 31, 2006. Enclosed please find for your records a copy of the Assignment and Assumption of Real Property Leases, with an accompanying schedule of Leases which has been tabbed, for your convenience, to refer to the Lease. The assignment of the Lease is related to the case of In re Adelphia Communications Corporation et al. in the United States Bankruptcy Court, of which you have been notified. All formal notices to the tenant should be sent to: Comcast of Florida/Georgia, LLC 1500 Market Street Philadelphia, PA 19102 Attn: Real Estate - Lease Administration With copies of such notices to: Comcast of Florida/Georgia, LLC 1500 Market Street Philadelphia, PA 19102 Attn: General Counsel PHL:5424363.2/COM 161 - 224637 21119 4. Invoices and routine correspondence should be sent to: Comcast of Florida/Georgia, LLC c/o Comcast Cable - Southern Division 600 Galleria Parkway, Suite 1100 Atlanta, GA 30339 Attn: Facilities Management You may receive alternative or modified advice from the above office on invoice addressing; please consider that information more accurate. Thank you. Very truly yours, Comcast o a/Georgia, LL Nam . i ston Biddle Title: r. Vice President Real Estat PHL:5424363.2/COM 161 - 224637 [Taos] ASSIGNMENT AND ASSUMPTION OF REAL PROPERTY LEASES THIS ASSIGNMENT AND ASSUMPTIONN OF REAL PROPERTY LEASES (this "Assignment and Assumption ") is made as of the 410 day of July, 2006 by and between the ADELPHIA PARTIES who are identified as such on the signature pages attached hereto and made a part hereof (each, an "Assignor "), and the COMCAST PARTIES/TIME WARNER PARTIES who are identified as such on the signature pages attached hereto and made a part hereof (each, an "Assignee "). BACKGROUND Pursuant to that certain Asset Purchase Agreement between Assignor and Comcast Corporation/Time Warner NY Cable LLC dated as of April 20, 2005, as amended (the "APA ", which term shall include all amendments thereof), as affected by the 363 Order, the applicable Assignee will, among other things, acquire the applicable Assignor's interest as tenant under the Real Property Leases. All capitalized terms not expressly defined herein shall have the meanings ascribed to them in the APA. NOW, THEREFORE, for and in consideration of One Dollar ($1.00) and other good and valuable consideration and intending to be legally bound hereby, the parties hereto agree as follows: 1. By its execution hereof, each applicable Assignor as shown on the Applicable Lease Assignment Schedule (as defined below) hereby assigns unto the applicable Assignee as shown on the Applicable Lease Assignment Schedule, without representation or warranty except for those representations and warranties set forth in the APA, all of such Assignor's right, title and interest as tenant in and to the Real Property Leases to which such Assignor is a party, as more particularly set forth in the Schedule of Assignor /Assignee/Assigned Real Property Leases attached hereto and incorporated herein by reference (the " Applicable Lease Assignment Schedule "). 2. By its execution hereof, each applicable Assignee as shown on the Applicable Lease Assignment Schedule hereby accepts, upon the terms and conditions for such assumption set forth in the APA, such assignment of the Real Property Leases from the applicable Assignor. 3. This Assignment and Assumption shall be subject to the indemnification provisions contained in Article VII of the APA, as affected by the 363 Order. 4. All of the terms and provisions of this Assignment and Assumption will be binding upon and inure to the benefit of each Assignor and each Assignee, and their respective successors, legal representatives and permitted assigns. 5. From time to time and at any Assignee's request, but without further consideration, each Assignor shall do, execute, acknowledge and deliver or shall cause to be done, executed, acknowledged and delivered such further acts, transfers, conveyances, assignments and assurances as reasonably may be required to assure, convey, transfer, confirm, and vest to and in such Assignee all of the applicable Real Property Leases. PHL:5406865.1/COM161- 224637 TAOS and CORK 6. This Assignment and Assumption is executed and delivered pursuant to and to effect the transactions contemplated by the APA, subject to the covenants, representations, warranties, and other provisions thereof. No provision set forth in this Assignment and Assumption shall be deemed to enlarge, alter or amend the terms or provisions of the APA. 7. Nothing in this Assignment and Assumption, express or implied, is intended or shall be construed to confer upon, or give to, any Person other than each Assignee and its successors and assigns (including, without limitation, any wholly -owned Subsidiary of such Assignee to which any portion of the Real Property Leases are transferred after the effectiveness of this Assignment and Assumption) any remedy or claim under or by reason of this Assignment and Assumption or any terms, covenants or conditions hereof, and all of the terms, covenants, conditions, promises and agreements contained in this Assignment and Assumption shall be for the sole and exclusive benefit of each Assignee and its successors and assigns; rop vided that each Assignee shall have the right to specifically enforce the transactions contemplated by this Assignment and Assumption. 8. This Assignment and Assumption may be executed in any number of counterparts (including by facsimile), each of which, when executed, shall be deemed to be an original and all of which, when taken together, shall constitute one and the same instrument. [Remainder of page intentionally left blank.] PHL:5406865.1/COM161- 224637 TAOS and CORK -2- IN WITNESS WHEREOF, the parties hereto have executed this Assignment and Assumption as of the day and year first above written. ADELPHIA PARTIES ADELPHIA COMMUNICATIONS CORPORATION AND EACH SUBSIDIARY LISTED ON SCHEDULE A Q By: -� Name: Jame N. Zerefos Title: Vicd. esident COMCAST PARTIES /TIME WARNER PARTIES CABLE HOLDCO EXCHANGE I LLC By: TIME WARNER NY CABLE LLC, its sole member By: Name: Title: CABLE HOLDCO EXCHANGE II LLC By: TIME WARNER NY CABLE LLC, its sole member By Name: Title: CABLE HOLDCO EXCHANGE III LLC By TIME WARNER NY CABLE LLC, its sole member By: Name: Title: [Signatures continued on the following page] PHLc5406M.1 /COM161- 224637 TAOS and CORK -3- IN WITNESS WHEREOF, the parties hereto have executed this Assignment and Assumption as of the day and year first above written. ADELPHIA PARTIES ADELPHIA COMMUNICATIONS CORPORATION AND EACH SUBSIDIARY LISTED ON SCHEDULE A HERETO By: Name: Title: COMCAST PARTIES /TIME WARNER PARTIES CABLE HOLDCO EXCHANGE I LLC By: TIME W NY CABL P LY LLC, its sole member fQ By: Name: Title: Exeaitive yjc president IMMShne& CABLE HOLDCO EXCHANGE II LLC By: TIME W NY CABLE LLC, its sole member By: Name: David E. 0 Title: Executive Vice President, Investments CABLE HOLDCO EXCHANGE III LLC By: TIME W NY CABLE LLC, its sole member By: Name: D UHM Title: xeoa ve VMS T 4'"yMb"Mh [Signatures continued on the following page] PHL:5406865MCOM161- 224637 TAOS and CORK -3- [Signatures continued from the previous page] CABLE HOLDCO EXCHANGE IV LLC By: TIME W NY CABLE LLC, its sole member By: Name: Title: CABLE HOLDCO EXCHANGE IV -2 LLC By: TIME W R NY CABLE LLC, its sole member By: E. Name: Title: Executive Vioe President. Investments CABLE HOLDCO EXCHANGE V LLC By: TIME WARXR NY CABLE LLC, its sole member By: _ k.,O Name: Title: PHL:54WS65.1/COM161- 224637 TAOS and CORK -4- 07 -19 -06 Update Taos Leased Properties Related to the 0 u I Business lease cost ID /property center # LOCATION CITY ST GENERAL USE Lessor Lessee (per initial lease) Assignor Assi nee Cablold e Ho Southwest Virginia Exchange III, 171 82 20119 112 Washington Street Galax VA Galax office Grayson-Carroll-Wythe Southwest Virginia Cable, Inc. Cable, Inc. LLC Cable Holdco Southwest Virginia Exchange III, 172 82 20120 101 Pipers Gap Road Galax VA warehouse William & Frances Halsey Southwest Virginia Cable, Inc. Cable, Inc. LLC Cable Holdco 1120 W. Stuart Drive unit Southwest Virginia Exchange III, 173 082 20856 71 Galax VA self storage unit West End Storage Adel hia Cable, Inc. LLC Adelphia Cable Holdco CA New Plan Venture Fund, Communications Exchange 11, 174 83 1 20491 261 SW Pt. St. Lucie Blvd Port St, Lucie FL Port St. Lucie greeter office L.L.C. Adel hia Communications Corp, Corp. LLC Cable Holdco Road 960 Old Dixie Southeast Florida Exchange II, 175 84 21119 Hi hway Te uesta FL Te uesta hubsite Village of Te uesta Adel hia Cable Communications Cable, Inc. LLC Chelsea 132 Steamtown Mall, Communications, Cable Holdco 176 85 20768 Lackawanna Ave. Scranton PA Scranton office Scranton Mall Associates Chelsea Communications, LLC LLC Exchange I. LLC Chelsea Communications, Cable Holdco 184 85 22026 1 216 East Grove St. Clarks Summit PA school bldgs/relay station Abington Hgts. School District Chelsea Communications, LLC LLC Exchan e I, LLC Cable Holdco SVHH Cable Exchange III, 185 92 20150 1 1711 Seymour Drive South Boston VA South Boston office Joseph Talley Adel hia Cable Communications Acquisition, L.P. LLC Cable Holdco SVHH Cable Exchange III, 186 92 20142 1 712 Hamilton Boulevard South Boston VA South Boston headend City of South Boston Adel hia Cable Communications Acquisition, L.P. LLC Cable Holdco SVHH Cable Exchange III, 187 92 20146 100 Meadow Street South Hill VA new headend/ enerator Joseph Mize SVHH Cable Acquisition, L.P. Acquisition, L.P. LLC Cable Holdco SVHH Cable Exchange III, 188 92 20143 5195 Plank Road SR 610 Natural Bride VA Glasgow hubsite Mary Ann Shaner SVHH Cable Acquisition, LP Acquisition LP LLC Cable Holdco SVHH Cable Exchange III, 189 1 92 20145 2079 S. Amherst Highway Falconerville VA I Amherst office and storage Lynn & Betty Faulconer SVHH Cable Acquisition L.P. Acquisition, L.P. LLC Cable Holdco SVHH Cable Exchange III, 190 1 92 1 20142 712 Hamilton Boulevard South Boston VA Antennas /dishes Ac uisition LP LLC Cable Holdco Dinwwiddie hubsite (fiber SVHH Cable Exchange III, 191 103 21570 110222 Bo dton Plank Road Dinwiddie VA from Petersburg) Donald & Janet Turner SVHH Cable Acquisition, L.P. Acquisition, L.P. LLC National Cable Cable Holdco Bays H -6, H -7 and H -8 of J.J.D. Associates of Palm Beach, Acquisition Exchange 1I, 192 119 20774 7392 Lake Worth Road Lake Worth FL I Lake Worth office Ltd. Adel hia Cable Communications Associates, LP LLC National Cable Cable Holdo Atlantis hubsite (do not use National Cable Acquisition Acquisition E xchange II, c 193 1 119 20507 5339 S. Military Trail Lake Worth FL tower ) Johannes /G. &1. Jettin hoff Associates LP Associates LP LLC PHI,:5342896.6/COM161- 224637 4