The URL can be used to link to this page

Home My WebLink AboutCAG1993-0577 - Insurance Certificate - 1995 Certificate of Insurance - 03/30/1994 ACE TOWER II Post Office Box 5630 TERRACE 5619 ACE Parkway Denver,Colorado 80217-5630 DTC Englewood,CO 801 1 1-3000 (303)267-5500 %LTELE•COMMUNICATIONS,INC. CERTIFICATION UNDER SECTION 617 OF THE 1992 CABLE ACT This certification is being provided to you pursuant to Section 617 of the 1992 Cable Act. Section 617 prohibits the sale or transfer of a controlling interest in a cable system unless it has been owned more than three years or the transaction qualifies for an exemption or waiver. Section 617 further requires that we certify to you that the proposed transaction described below does not violate Section 617. The cable television operator in your community is a subsidiary or affiliate of Tele-Communications, Inc. ("TCI") . TCI is undertaking a corporate reorganization in which Liberty Media Corporation ("Liberty") , which was created as a separate company from TCI in March, 1991, will be recombined with TCI. There will be no change in the direct ownership or control of your cable television operator, nor any transfer or assignment of its franchise in your community as a result of this reorganization. Although this reorganization does not involve any transfer of a controlling interest in a cable system, Section 617 applies to this transaction under applicable FCC rules because a new holding company is being created, as described below. The TCI-Liberty reorganization involves the creation of a new parent company, TCl/Liberty Holding Company, a Delaware corporation ("Holding Company") . TCI and Liberty will become wholly owned subsidiaries of Holding Company. TCI shareholders, including those TCI shareholders who presently own a controlling interest in Liberty, will control Holding Company. TCI and Holding Company have the same Board of Directors. The TCl/Liberty reorganization is exempt from the three-year holding period requirement pursuant to two of the exemptions set forth in Section 617(c) . First, the three-year holding period does not apply to transactions involving entities under common ownership or management. As described above, TCI shareholders, including those TCI shareholders who own a controlling interest in Liberty, will control Holding Company. In addition, this reorganization is also exempt from the three-year holding period because it is not subject to Federal income tax liability under the Internal Revenue Code. TCI hereby certifies to you that, based upon the foregoing, its reorganization with Liberty complies with Section 617 of the 1992 Cable Act. TELE-COMMUNICATIONS, INC. March 30, 1994 By: stiYfhcKn 14. Brett General Counsel and Senior Vice President An Equal Opportunity Employer DATE(MM/DDNY) AI1111t11. CERTIFICATE OF INSURANCE 511300 06/28/95 PRODUCER THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE Lockton Companies/Kansas City HOLDER.THIS CERTIFICATE DOES NOT AMEND,EXTEND OR P.O. Bux 419351 ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. Kansas City MO 64141-6351 COMPANIES AFFORDING COVERAGE COMPANY A Old Republic Insurance Company INSURED COMPANY B COMPANY TCI OF SEATTLE, INC. C -- 5619 DTC PARKWAY COMPANY ENGLEWOOD CO 80111 D COVERAGES THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED,NOTWITHSTANDING ANY REQUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN,THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. CO POLICY EFFECTIVE POLICY EXPIRATION LIMITS LTR TYPE OF INSURANCE POLICY NUMBER DATE(MM/DD/YY) DATE(MM/DD/YY) GENERAL LIABILITY i GENERAL AGGREGATE_ $ 1,000,000 A X COMMERCIAL GENERAL LIABILITY MWZY54694 07/01/95 01/01/96 PRODUCTS-COMP/OP AGG $ 1,000,000 CLAIMS MADE ❑X OCCUR PERSONAL&ADV INJURY $ 1,000,000 OWNER'S&CONTRACTOR'S PROT EACH OCCURRENCE $ 1,000,000 FIRE DAMAGE(Any one fire) $ MED EXP IAny one person) $ AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT $ 1,000,000 A X ANY AUTO MWM17555 01/01/95 01/01/96 ALL OWNED AUTOS BODILY INJURY (Per person) $ SCHEDULED AUTOS -_ x HIRED AUTOS BODILY INJURY (Per accident) $ X NON-OWNED AUTOS — PROPERTY DAMAGE $ GARAGE LIABILITY AUTO ONLY-EA ACCIDENT $ ANY AUTO OTHER THAN AUTO ONLY: — EACH ACCIDENT $ AGGREGATE $ EXCESS LIABILITY EACH OCCURRENCE $ UMBRELLA FORM AGGREGATE $ OTHER THAN UMBRELLA FORM $ WORKERS COMPENSATION AND STATUTORY LIMITS EMPLOYERS'LIABILITY EACH ACCIDENT $ THE PROPRIETOR/ INCL DISEASE-POLICY LIMIT $ PARTNERS/EXECUTIVE OFFICERS ARE: EXCL DISEASE-EACH EMPLOYEE $ OTHER DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES/SPECIAL ITEMS RE: FRAN RENL ORD. #3108. ENABLING ORD #3107. CERTIFICATE HOLDER IS NAMED AS ADDL INSURED ON THE GL POLICY, IF REQUIRED BY WRITTEN CONTRACT CERTIFICATE HOLDER CANCELLATION C.+ITKE04 SHOULD ANY OF THE ABOVE DESCRIBED POLICES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF,THE ISSUING COMPANY WILL ENDEAVOR TO MAIL 3 0 DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, CITY OF KENT BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABILITY CITY CLERK 220 4TH AVENUE SOUTH OF ANY KIND UPON THE COMPANY,ITS AGENTS OR REPRESENTATIVES. KENT WA 98032 AUT I BETA , ACORD 25-6 (3/93) CACORD CORPORATION 1993