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SEC Filings

8-K
GRAHAM HOLDINGS CO filed this Form 8-K on 05/06/1994
Entire Document
 
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Seller or any of its Affiliates or their respective predecessors-in-interest
under any Assumed Houston Contract.

         1.1.8.  Assumed Houston Contracts.  "Assumed Houston Contracts" means
Houston Contracts that are included in the Purchased Assets and that are either
(a) listed or described on Schedule 5.1.9(a) under the caption "Houston
Contracts" or "HT Joint Venture Contracts" or (b) not required to be listed or
described on Schedule 5.1.9(a) under the caption "Houston Contracts" or "HT
Joint Venture Contracts" pursuant to clauses (i), (ii) or (iii) of the first
sentence of Section 5.1.9(a), exclusive in any case of (x) any Employee Plan
and (y) prior to the time at which Seller shall have received all consents,
waivers and approvals applicable thereto, any Houston Contract referred to in
Section 2.2.1.

         1.1.9.  Assumed Houston Liabilities.  "Assumed Houston Liabilities"
means the Assumed Houston Balance Sheet Liabilities and the Assumed Houston
Contract Liabilities.

         1.1.10. Assumed Liabilities.  "Assumed Liabilities" means the Assumed
Houston Liabilities, the Assumed San Antonio Liabilities and any liabilities
assumed by Purchasers pursuant to Section 6.6.

         1.1.11. Assumed San Antonio Balance Sheet Liabilities.  "Assumed San
Antonio Balance Sheet Liabilities" means all liabilities and obligations of
Seller shown on the Closing Date Balance Sheet in the "KSAT-TV" column as "Film
Contracts Payable," "Deferred Bartered Film Revenue," "Deferred Barter Revenue
- - - Other" and "Vacation Pay," but only to the extent and in the respective
amounts so shown and, in the case of liabilities and obligations so shown as
"Vacation Pay," only insofar as such liabilities and obligations relate to
Employees who are employed by the San Antonio Purchaser for at least one day
following the Closing Date.

         1.1.12. Assumed San Antonio Contract Liabilities.  "Assumed San
Antonio Contract Liabilities" means all liabilities and obligations of Seller
arising under the terms of the Assumed San Antonio Contracts, but only to the
extent such liabilities and obligations arise, accrue or are otherwise properly
attributable to periods commencing after the Closing Date under the terms of
such Assumed San Antonio Contracts, and exclusive of any liabilities or
obligations that arise as a result of any breach or default by Seller or any of
its Affiliates or their respective predecessors-in-interest under any San
Antonio Contract.

         1.1.13. Assumed San Antonio Contracts.  "Assumed San Antonio
Contracts" means San Antonio Contracts that are included in the Purchased
Assets and that are either (a) listed or described on Schedule 5.1.9(a) under
the caption "San Antonio Contracts" or (b) not required to be listed or
described on Schedule 5.1.9(a) under the caption "San Antonio





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