Exhibit 4.7

 

EXECUTION VERSION

 

PLEDGE AGREEMENT JOINDER, dated as of November 27, 2018, made by each of the entities set forth on Schedule 1 (each an “Additional Pledgor” and collectively, the “Additional Pledgors”), in favor of JPMorgan Chase Bank, N.A., as Security Agent for the benefit of the Secured Parties. Capitalized terms used herein and not defined herein shall have the meanings assigned to such terms in the Pledge Agreement (as defined below).

 

WITNESSETH:

 

WHEREAS, reference is made to that certain credit agreement, dated as of October 9, 2015 (as amended, modified, supplemented or restated hereafter, the “Credit Agreement”), among CSC Holdings, LLC (a successor by merger to Neptune Finco Corp.), a Delaware limited liability company (the “Borrower”), the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent and security agent, and the other parties thereto;

 

WHEREAS, in connection with the Credit Agreement, the Borrower and certain of its Subsidiaries (other than the Additional Pledgors) have entered into that certain pledge agreement, dated as  of June 21, 2016 (as  amended, supplemented  replaced or otherwise modified from  time to   time, the “Pledge Agreement”) in favor of the Security Agent for the benefit of the Secured Parties; and

 

WHEREAS, the Additional Pledgors have agreed to execute and deliver this Pledge Agreement Joinder in order to become a party to the Pledge Agreement;

 

NOW, THEREFORE, IT IS AGREED:

 

1.                                      Pledge. By executing and delivering this Pledge Agreement Joinder, each Additional Pledgor, as provided in Section 5.23 of the Pledge Agreement, hereby becomes a party to the Pledge Agreement as a Pledgor thereunder with the same force and effect as if originally named therein as a Pledgor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Pledgor thereunder. Each Additional Pledgor hereby represents and warrants that each of the representations and warranties contained in Article III of the Credit Agreement and the other Loan Documents, in each case as they relate to such Additional Pledgor, each of which is incorporated herein by reference, are true and correct in all material respects (or in all respects if qualified by materiality or Material Adverse Effect) on and as the date hereof (after giving effect to this Pledge Agreement Joinder) as if made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date, in which case such representations and warranties are true and correct in all material respects (or in all respects if qualified by materiality or Material Adverse Effect), on and as of such earlier date, provided that each such reference in each such representation and warranty to any Borrower’s knowledge shall, for the purposes of this Section 1, be deemed to be a reference to such Additional Pledgor’s knowledge.

 

2.                                      Supplemental Schedules. Each Additional Pledgor hereby represents and warrants that, as of the date hereof, (i) Schedule 2.02 is a true and correct list of all of the Pledged Equity Interests owned by such Additional Pledgor in a Restricted Subsidiary and (ii) Schedule 2.03 (together with Schedule 2.02, the “Supplemental Schedules”) sets forth each Additional Pledgor’s name as it appears in official filings, state of organization, and any name changes occurring within the five-year period preceding the date hereof.

 


 

Each Additional Pledgor hereby agrees that the Supplemental Schedules shall constitute part of the Pledge Agreement.

 

3.                                      GOVERNING LAW. THIS PLEDGE AGREEMENT JOINDER AND ANY CLAIM, CONTROVERSY, DISPUTE OR OTHER CAUSE OF ACTION (WHETHER SOUNDING IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS PLEDGE AGREEMENT JOINDER AND THE TRANSACTIONS CONTEMPLATED HEREBY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO ITS PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES ARE NOT MANDATORILY APPLICABLE BY STATUTE AND WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

 

4.                                      Successors and Assigns. This Pledge Agreement Joinder will be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Additional Pledgors may not assign, transfer or delegate any of their respective rights or obligations under this Pledge Agreement Joinder without the prior written consent of the Security Agent and any such assignment, transfer or delegation without such consent shall be null and void.

 

2


 

IN WITNESS WHEREOF, the undersigned has caused this Pledge Agreement Joinder to be duly executed and delivered as of the date first above written.

 

A R H, LTD.

 

CABLE SYSTEMS, INC.

 

CEBRIDGE ACQUISITION, LLC

 

CEBRIDGE CONNECTIONS, INC.

 

CEBRIDGE CONNECTIONS FINANCE CORP.

 

CEBRIDGE CORPORATION

 

CEBRIDGE GENERAL, LLC

 

CEBRIDGE LIMITED, LLC

 

CEBRIDGE TELECOM CA, LLC

 

CEBRIDGE TELECOM GENERAL, LLC

 

CEBRIDGE TELECOM ID, LLC

 

CEBRIDGE TELECOM IN, LLC

 

CEBRIDGE TELECOM KS, LLC

 

CEBRIDGE TELECOM KY, LLC

 

CEBRIDGE TELECOM LA, LLC

 

CEBRIDGE TELECOM LIMITED, LLC

 

CEBRIDGE TELECOM MO, LLC

 

CEBRIDGE TELECOM MS, LLC

 

CEBRIDGE TELECOM NC, LLC

 

CEBRIDGE TELECOM NM, LLC

 

CEBRIDGE TELECOM OH, LLC

 

CEBRIDGE TELECOM OK, LLC

 

CEBRIDGE TELECOM TX, L.P.

 

CEBRIDGE TELECOM VA, LLC

 

CEBRIDGE TELECOM WV, LLC

 

CEQUEL III COMMUNICATIONS I, LLC

 

CEQUEL III COMMUNICATIONS II, LLC

 

CEQUEL COMMUNICATIONS II, LLC

 

CEQUEL COMMUNICATIONS III, LLC

 

CEQUEL COMMUNICATIONS, LLC

 

 

 

each, as an Additional Pledgor

 

 

 

 

 

 

By:

/s/ Dexter Goei

 

Name: Dexter Goei

 

Title: President, Chief Executive Officer and

 

Director

 

 

(Signature Page to Pledge Joinder Agreement)

 


 

CEQUEL COMMUNICATIONS ACCESS SERVICES, LLC

 

CLASSIC CABLE, INC.

 

CLASSIC CABLE OF LOUISIANA, L.L.C.

 

CLASSIC CABLE OF OKLAHOMA, INC.

 

CLASSIC COMMUNICATIONS, INC.

 

FRIENDSHIP CABLE OF ARKANSAS, INC.

 

FRIENDSHIP CABLE OF TEXAS, INC.

 

HORNELL TELEVISION SERVICE, INC.

 

KINGWOOD HOLDINGS LLC

 

MERCURY VOICE AND DATA, LLC

 

NPG CABLE, LLC

 

NPG DIGITAL PHONE, LLC

 

ORBIS1, L.L.C.

 

TCA COMMUNICATIONS, L.L.C.

 

UNIVERSAL CABLE HOLDINGS, INC.

 

W.K. COMMUNICATIONS, INC.

 

KINGWOOD SECURITY SERVICES, LLC

 

 

 

each, as an Additional Pledgor

 

 

 

 

 

 

By:

/s/ Dexter Goei

 

Name: Dexter Goei

 

Title: President, Chief Executive Officer and

 

Director

 

 

(Signature Page to Pledge Joinder Agreement)

 


 

CEBRIDGE ACQUISITION, L.P., as an Additional Pledgor

 

By: CEBRIDGE GENERAL, LLC, its sole general partner

 

 

 

 

 

 

By:

/s/ Dexter Goei

 

Name: Dexter Goei

 

Title: President, Chief Executive Officer and

 

Director

 

 

(Signature Page to Pledge Joinder Agreement)

 


 

SCHEDULE 1
Additional Pledgors

 

A-1

 

A R H, Ltd

A-32

 

Classic Cable of Louisiana, L.L.C.

A-2

 

Cable Systems, Inc.

A-33

 

Classic Cable of Oklahoma, Inc.

A-3

 

Cebridge Acquisition, L.P.

A-34

 

Classic Cable, Inc.

A-4

 

Cebridge Acquisition, LLC

A-35

 

Classic Communications, Inc.

A-5

 

Cebridge Connections Finance Corp.

A-36

 

Friendship Cable of Arkansas, Inc.

A-6

 

Cebridge Connections, Inc.

A-37

 

Friendship Cable of Texas, Inc.

A-7

 

Cebridge Corporation

A-38

 

Hornell Television Service, Inc.

A-8

 

Cebridge General, LLC

A-39

 

Kingwood Holdings LLC

A-9

 

Cebridge Limited, LLC

A-40

 

Kingwood Security Services, LLC

A-10

 

Cebridge Telecom CA, LLC

A-41

 

Mercury Voice and Data, LLC

A-11

 

Cebridge Telecom General, LLC

A-42

 

NPG Cable, LLC

A-12

 

Cebridge Telecom ID, LLC

A-43

 

NPG Digital Phone, LLC

A-13

 

Cebridge Telecom IN, LLC

A-44

 

ORBIS1, L.L.C.

A-14

 

Cebridge Telecom KS, LLC

A-45

 

TCA Communications, L.L.C.

A-15

 

Cebridge Telecom KY, LLC

A-46

 

Universal Cable Holdings, Inc.

A-16

 

Cebridge Telecom LA, LLC

A-47

 

W. K. Communications, Inc.

A-17

 

Cebridge Telecom Limited, LLC

A-48

 

Cequel Communications, LLC

A-18

 

Cebridge Telecom MO, LLC

 

 

 

A-19

 

Cebridge Telecom MS, LLC

 

 

 

A-20

 

Cebridge Telecom NC, LLC

 

 

 

A-21

 

Cebridge Telecom NM, LLC

 

 

 

A-22

 

Cebridge Telecom OH, LLC

 

 

 

A-23

 

Cebridge Telecom OK, LLC

 

 

 

A-24

 

Cebridge Telcom TX, L.P.

 

 

 

A-25

 

Cebridge Telecom VA, LLC

 

 

 

A-26

 

Cebridge Telecom WV, LLC

 

 

 

A-27

 

Cequel Communications Access Services, LLC

 

 

 

A-28

 

Cequel Communications II, LLC

 

 

 

A-29

 

Cequel Communications III, LLC

 

 

 

A-30

 

Cequel III Communications I, LLC

 

 

 

A-31

 

Cequel III Communications II, LLC

 

 

 

 


 

SCHEDULE 2.02
SCHEDULE OF PLEDGED EQUITY INTERESTS

 

Pledged Equity Interests

 

 

 

Issuer

 

Owner

 

Class or Series

 

Share
Certificate
No.

 

Percent of Equity
Interest Owned

 

Percent of
Equity Interest
Pledged

 

A-1

 

A R H, Ltd

 

Cebridge Connections, Inc.

 

LLC Membership Interests

 

A-31

 

100

%

100

%

A-2

 

Cable Systems, Inc.

 

Cebridge Connections, Inc.

 

common stock

 

9

 

100

%

100

%

A-3

 

Cebridge Acquisition, L.P.

 

Cebridge General, LLC

 

General Partnership Interests

 

N/A

 

1

%

100

%

 

 

 

 

Cebridge Limited, LLC

 

Limited Partnership Interests

 

N/A

 

99

%

100

%

A-4

 

Cebridge Acquisition, LLC

 

Cequel Communications III, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-5

 

Cebridge Connections Finance Corp.

 

Cequel Communications, LLC

 

common stock

 

2

 

100

%

100

%

A-6

 

Cebridge Connections, Inc.

 

Cebridge Corporation

 

common stock

 

1

 

100

%

100

%

A-7

 

Cebridge Corporation

 

Cebridge Connections Finance Corp

 

common stock

 

1

 

100

%

100

%

A-8

 

Cebridge General, LLC

 

Cequel Communications, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-9

 

Cebridge Limited, LLC

 

Cequel Communications, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-10

 

Cebridge Telecom CA, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-11

 

Cebridge Telecom General, LLC

 

Cequel Communications, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-12

 

Cebridge Telecom ID, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-13

 

Cebridge Telecom IN, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-14

 

Cebridge Telecom KS, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-15

 

Cebridge Telecom KY, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-16

 

Cebridge Telecom LA, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

 

7


 

A-17

 

Cebridge Telecom Limited, LLC

 

Cequel Communications, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-18

 

Cebridge Telecom MO, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-19

 

Cebridge Telecom MS, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-20

 

Cebridge Telecom NC, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-21

 

Cebridge Telecom NM, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-22

 

Cebridge Telecom OH, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-23

 

Cebridge Telecom OK, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-24

 

Cebridge Telcom TX, L.P.

 

Cebridge General, LLC

 

General Partnership Interests

 

N/A

 

1

%

100

%

 

 

 

 

Cebridge Limited, LLC

 

Limited Partnership Interests

 

N/A

 

99

%

100

%

A-25

 

Cebridge Telecom VA, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-26

 

Cebridge Telecom WV, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-27

 

Cequel Communications Access Services, LLC

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-28

 

Cequel Communications II, LLC

 

Cebridge Acquisition, L.P.

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-29

 

Cequel Communications III, LLC

 

Cequel Communications, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-30

 

Cequel III Communications I, LLC

 

Kingwood Holdings LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-31

 

Cequel III Communications II, LLC

 

Cebridge Connections, Inc.

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-32

 

Classic Cable of Louisiana, L.L.C.

 

Friendship Cable of Arkansas, Inc.

 

LLC Membership Interests

 

2

 

12.63

%

100

%

 

 

 

 

Friendship Cable of Texas, Inc.

 

LLC Membership Interests

 

1

 

87.37

%

100

%

A-33

 

Classic Cable of Oklahoma, Inc.

 

Universal Cable Holdings, Inc.

 

common stock

 

5

 

100

%

100

%

A-34

 

Classic Cable, Inc.

 

Classic Communications, Inc.

 

common stock

 

3

 

100

%

100

%

A-35

 

Classic Communications, Inc.

 

Cebridge Connections, Inc.

 

common stock & preferred stock

 

common stock: C-81; preferred stock: P-13

 

100

%

100

%

 

8


 

A-36

 

Friendship Cable of Arkansas, Inc.

 

Universal Cable Holdings, Inc.

 

common stock

 

005

 

100

%

100

%

A-37

 

Friendship Cable of Texas, Inc.

 

Universal Cable Holdings, Inc.

 

common stock

 

005

 

100

%

100

%

A-38

 

Hornell Television Service, Inc.

 

Cebridge Connections, Inc.

 

common stock

 

31

 

100

%

100

%

A-39

 

Kingwood Holdings LLC

 

Cebridge Connections, Inc.

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-40

 

Kingwood Security Services, LLC

 

Cequel III Communications I, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-41

 

Mercury Voice and Data, LLC

 

Cequel Communications, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-42

 

NPG Cable, LLC

 

Cequel Communications, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-43

 

NPG Digital Phone, LLC

 

NPG Cable, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-44

 

ORBIS1, L.L.C.

 

Cequel Communications Access Services, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-45

 

TCA Communications, L.L.C.

 

Cebridge Telecom Limited, LLC

 

LLC Membership Interests

 

N/A

 

100

%

100

%

A-46

 

Universal Cable Holdings, Inc.

 

Classic Cable, Inc.

 

common stock & preferred stock

 

common stock: 007 preferred stock: 1

 

100

%

100

%

A-47

 

W. K. Communications, Inc.

 

Universal Cable Holdings, Inc.

 

common stock

 

2

 

100

%

100

%

 

9


 

SCHEDULE 2.03
Organizational Information of Additional Pledgors

 

 

 

Additional Pledgor

 

State of Organization

 

Name changes in the last 5 years

A-1

 

A R H, Ltd

 

Colorado

 

No

A-2

 

Cable Systems, Inc.

 

Kansas

 

No

A-3

 

Cebridge Acquisition, L.P.

 

Delaware

 

No

A-4

 

Cebridge Acquisition, LLC

 

Delaware

 

No

A-5

 

Cebridge Connections Finance Corp.

 

Delaware

 

No

A-6

 

Cebridge Connections, Inc.

 

Delaware

 

No

A-7

 

Cebridge Corporation

 

Delaware

 

No

A-8

 

Cebridge General, LLC

 

Delaware

 

No

A-9

 

Cebridge Limited, LLC

 

Delaware

 

No

A-10

 

Cebridge Telecom CA, LLC

 

Delaware

 

No

A-11

 

Cebridge Telecom General, LLC

 

Delaware

 

No

A-12

 

Cebridge Telecom ID, LLC

 

Delaware

 

No

A-13

 

Cebridge Telecom IN, LLC

 

Delaware

 

No

A-14

 

Cebridge Telecom KS, LLC

 

Delaware

 

No

A-15

 

Cebridge Telecom KY, LLC

 

Delaware

 

No

A-16

 

Cebridge Telecom LA, LLC

 

Delaware

 

No

A-17

 

Cebridge Telecom Limited, LLC

 

Delaware

 

No

A-18

 

Cebridge Telecom MO, LLC

 

Delaware

 

No

A-19

 

Cebridge Telecom MS, LLC

 

Delaware

 

No

A-20

 

Cebridge Telecom NC, LLC

 

Delaware

 

No

A-21

 

Cebridge Telecom NM, LLC

 

Delaware

 

No

A-22

 

Cebridge Telecom OH, LLC

 

Delaware

 

No

A-23

 

Cebridge Telecom OK, LLC

 

Delaware

 

No

A-24

 

Cebridge Telcom TX, L.P.

 

Delaware

 

No

A-25

 

Cebridge Telecom VA, LLC

 

Delaware

 

No

A-26

 

Cebridge Telecom WV, LLC

 

Delaware

 

No

A-27

 

Cequel Communications Access Services, LLC

 

Delaware

 

No

A-28

 

Cequel Communications II, LLC

 

Delaware

 

No

A-29

 

Cequel Communications III, LLC

 

Delaware

 

No

A-30

 

Cequel III Communications I, LLC

 

Delaware

 

No

A-31

 

Cequel III Communications II, LLC

 

Delaware

 

No

A-32

 

Classic Cable of Louisiana, L.L.C.

 

Louisiana

 

DBA Suddenlink Communication IV from May 5, 2016

A-33

 

Classic Cable of Oklahoma, Inc.

 

Delaware

 

No

A-34

 

Classic Cable, Inc.

 

Delaware

 

No

A-35

 

Classic Communications, Inc.

 

Delaware

 

No

A-36

 

Friendship Cable of Arkansas, Inc.

 

Texas

 

No

A-37

 

Friendship Cable of Texas, Inc.

 

Texas

 

No

A-38

 

Hornell Television Service, Inc.

 

New York

 

No

A-39

 

Kingwood Holdings LLC

 

Delaware

 

No

A-40

 

Kingwood Security Services, LLC

 

Delaware

 

No

A-41

 

Mercury Voice and Data, LLC

 

Delaware

 

No

A-42

 

NPG Cable, LLC

 

Delaware

 

No

A-43

 

NPG Digital Phone, LLC

 

Delaware

 

No

A-44

 

ORBIS1, L.L.C.

 

Louisiana

 

No

A-45

 

TCA Communications, L.L.C.

 

Texas

 

No

A-46

 

Universal Cable Holdings, Inc.

 

Delaware

 

No

A-47

 

W. K. Communications, Inc.

 

Kansas

 

No

A-48

 

Cequel Communications, LLC

 

Delaware

 

No