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Investor Relations

SEC Filings

8-K
GRAHAM HOLDINGS CO filed this Form 8-K on 05/06/1994
Entire Document
 
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         the Purchased Assets, Blue Ridge Assets or HT Joint Venture Assets,
         (ii) that will be binding on Purchasers, Blue Ridge or the HT Joint
         Venture, or (iii) if such litigation, action, suit, claim, proceeding
         or investigation relates to or affects the Businesses or the Purchased
         Assets, or the business activities of Blue Ridge or the HT Joint
         Venture or the Blue Ridge Assets or the HT Joint Venture Assets,
         without first consulting with Purchasers;

                 (h)      Accounting Policies; Recordkeeping.  Modify or amend
         its accounting policies, practices and procedures or the manner in 
         which the books, records and financial statements of Seller 
         pertaining to the Businesses or the Purchased Assets, or of Blue Ridge 
         or the HT Joint Venture pertaining to the business activities of 
         Blue Ridge or the HT Joint Venture or the Blue Ridge Assets or the HT 
         Joint Venture Assets are prepared and maintained;

                 (i)      Compliance with Laws.  Violate in any material 
         respect in the conduct of the Businesses or the business activities 
         of Blue Ridge or the HT Joint Venture, or the use of the Purchased 
         Assets, the Blue Ridge Assets or the HT Joint Venture Assets, any 
         applicable Law, TV License or Other License;

                 (j)      Network Affiliation Agreements.  Terminate, modify,
         amend or waive any rights under the NBC Network Affiliation Agreement
         or the ABC Network Affiliation Agreement, or any portion thereof;

                 (k)      Talent Agreements.  Terminate, modify, amend or waive
         any rights under any talent or similar agreements for the provision of
         on-air performance services to or for the benefit of Seller or the TV
         Stations ("Talent Agreements") in effect as of the date hereof or
         enter into any new or additional Talent Agreements, other than to
         extend the term of any existing Talent Agreement for a period of six
         to 12 months beyond its current expiration date on substantially the
         same terms as those presently contained in such Talent Agreement;

                 (l)      Dividends.  Declare or pay on account of the Blue 
         Ridge Shares or any other shares of capital stock of Blue Ridge or on
         account of the HT Joint Venture Interests or any other ownership
         interest in the HT Joint Venture (i) any cash dividend or other cash
         distribution the effect of which would reduce the working capital of
         Blue Ridge or the HT Joint Venture immediately following the Closing
         to an amount that is less than the amount thereof that is necessary to
         meet the reasonably foreseeable working capital needs, after taking
         into account reasonably anticipated revenues, of Blue





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