Laserfiche WebLink
(erred. As presented- L..e transferee will be Dowden Cable <br />Partners, L.P., a Delawa::t_ limited partnership. Dowden <br />Partners has two general partners. The first general part- <br />ner is Bariston Cable Investors, L.P., a Delaware limited <br />partnership. The other general partner is Dowden Communica- <br />tions Investors, L.P., ("Dowden Investors") a Georgia <br />limited partnership and successor to DCI. Dowden Partners <br />will also consist of iarlous iim>:ted partners, who will <br />merely be investors arn.d. who will not have authority to make <br />business .recisions for the entity. <br />Dowden investors is stoted to be the managing partner <br />which will be responsible for management of the cable sys- <br />tems by virtue of a management agreement. Bariston <br />Investors will provide investment banking and financial <br />P-:vices to Dowden Partners.. All fundamental decisions, <br />including those with respect to i ancing, refinancing, <br />acquis_tion or sale of cable television systems, and liqui- <br />dation of Dowden Partners will require the concurrence of <br />each of the general partners. <br />The ultimat` transfer of the system and franchise to <br />Dowden Partners will encompass a number of steps. Prior to <br />the consummation of the transaction, either the assets of <br />Dow -Sat will be transferred to DCI or Dow -Sat will be merged <br />with and into DCI. Subsequently, DCI will transfer all of <br />its assE..s to Dowden Partners and Bariston Investors will <br />contribute money to Dowden Partners. After the transaction, <br />- 3 - <br />