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LETTER OF TRANSMITTAL
CHARTER COMMUNICATIONS HOLDINGS, LLC and
CCH I HOLDINGS, LLC
Offer to Exchange
$150,704,000 Principal Amount of 11.125% Senior Accreting
Notes due 2014 of CCH I Holdings, LLC and CCH I Holdings Capital
Corp. which have been registered under the Securities Act of
1933 for any and all outstanding 11.125% Senior Accreting Notes
due 2014 issued by CCH I Holdings, LLC and CCH I Holdings
Capital Corp. on September 28, 2005,
$470,907,287 Principal Amount of 9.920% Senior Accreting
Notes due 2014 of CCH I Holdings, LLC and CCH I Holdings Capital
Corp. which have been registered under the Securities Act of
1933 for any and all outstanding 9.920% Senior Accreting Notes
due 2014 issued by CCH I Holdings, LLC and CCH I Holdings
Capital Corp. on September 28, 2005,
$299,098,000 Principal Amount of 10.00% Senior Accreting
Notes due 2014 of CCH I Holdings, LLC and CCH I Holdings Capital
Corp. which have been registered under the Securities Act of
1933 for any and all outstanding 10.00% Senior Accreting Notes
due 2014 issued by CCH I Holdings, LLC and CCH I Holdings
Capital Corp. on September 28, 2005,
$814,590,000 Principal Amount of 11.75% Senior Accreting
Notes due 2014 of CCH I Holdings, LLC and CCH I Holdings Capital
Corp. which have been registered under the Securities Act of
1933 for any and all outstanding 11.75% Senior Accreting Notes
due 2014 issued by CCH I Holdings, LLC and CCH I Holdings
Capital Corp. on September 28, 2005,
$580,671,000 Principal Amount of 13.50% Senior Accreting
Notes due 2014 of CCH I Holdings, LLC and CCH I Holdings Capital
Corp. which have been registered under the Securities Act of
1933 for any and all outstanding 13.50% Senior Accreting Notes
due 2014 issued by CCH I Holdings, LLC and CCH I Holdings
Capital Corp. on September 28, 2005, and
$216,719,000 Principal Amount of 12.125% Senior Accreting
Notes due 2015 of CCH I Holdings, LLC and CCH I Holdings Capital
Corp. which have been registered under the Securities Act of
1933 for any and all outstanding
and 12.125% Senior Accreting Notes due 2015 issued by CCH I
Holdings, LLC and CCH I Holdings Capital Corp. on
September 28, 2005
and
CHARTER COMMUNICATIONS HOLDINGS, LLC and
CCH I, LLC
Offer to Exchange
$3,525,000,000 in Principal Amount of 11.00% Senior Secured
Notes due 2015 of CCH I, LLC and CCH I Capital Corp. which have
been registered under the Securities Act of 1933 for any and all
outstanding 11.00% Senior Secured Notes due 2015 issued by CCH
I, LLC and CCH I Capital Corp. on September 28, 2005
PURSUANT TO THE PROSPECTUS DATED
FEBRUARY , 2006
THE EXCHANGE OFFER WILL EXPIRE AT 5:00 PM, NEW YORK CITY
TIME, ON
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2006, UNLESS EXTENDED (THE “EXPIRATION DATE”).
The Exchange Agent for the Exchange Offer is
Bank of New York
Corporate Trust Operations
Reorganization Unit
101 Barclay Street — 7 East
New York, N.Y. 10286
Attn: Mr. William Buckley
Telephone: (212)-815-5788
Fax: (212)-298-1915
DELIVERY OF THIS LETTER OF TRANSMITTAL TO AN ADDRESS OTHER
THAN AS SET FORTH ABOVE OR TRANSMISSION OF THIS LETTER OF
TRANSMITTAL VIA FACSIMILE TO A NUMBER OTHER THAN AS SET FORTH
ABOVE WILL NOT CONSTITUTE A VALID DELIVERY. THE INSTRUCTIONS
CONTAINED HEREIN SHOULD BE READ CAREFULLY BEFORE THIS LETTER OF
TRANSMITTAL IS COMPLETED.
This Letter of Transmittal is to be completed by holders of
outstanding notes (as defined below) either if outstanding notes
are to be forwarded herewith or if tenders of outstanding notes
are to be made by book-entry transfer to an account maintained
by Bank of New York (the “Exchange Agent”) at The
Depository Trust Company (“DTC”) pursuant to the
procedures set forth in “The Exchange Offer —
Terms of the Exchange Offer — Procedures for
Tendering” in the Prospectus (as defined below).
Holders of outstanding notes whose certificates (the
“Certificates”) for such outstanding notes are not
immediately available or who cannot deliver their Certificates
and all other required documents to the Exchange Agent on or
prior to the Expiration Date or who cannot complete the
procedures for book-entry transfer on a timely basis, must
tender their outstanding notes according to the guaranteed
delivery procedures set forth in “The Exchange
Offer — Guaranteed Delivery Procedures” in the
Prospectus.
SEE INSTRUCTION 1. DELIVERY OF DOCUMENTS TO DTC DOES NOT
CONSTITUTE DELIVERY TO THE EXCHANGE AGENT.
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NOTE: SIGNATURES MUST BE PROVIDED BELOW
PLEASE READ THE ACCOMPANYING INSTRUCTIONS CAREFULLY
ALL TENDERING HOLDERS COMPLETE
THIS BOX:
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| DESCRIPTION OF OUTSTANDING NOTES TENDERED |
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| If Blank, please print Name and |
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Outstanding Notes Tendered |
| Address of Registered Holder |
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(Attach Additional List of Notes) |
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Principal Amount |
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Principal |
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of Outstanding |
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Title of |
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Amount of |
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Notes Tendered |
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Outstanding |
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Outstanding |
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(If Less Than |
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Notes Tendered |
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CUSIP Number |
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Notes |
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All)* |
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Total Amount Tendered: |
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* Outstanding notes may be tendered in whole or in part
in denominations of $1,000 and integral multiples thereof. All
outstanding notes held shall be deemed tendered unless a lesser
number is specified in this column. |
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BOXES BELOW TO BE CHECKED BY
ELIGIBLE INSTITUTIONS ONLY:
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CHECK HERE IF TENDERED OUTSTANDING NOTES ARE BEING
DELIVERED BY BOOK-ENTRY TRANSFER MADE TO THE ACCOUNT MAINTAINED
BY THE EXCHANGE AGENT WITH DTC AND COMPLETE THE FOLLOWING: |
Name of Tendering Institution:
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| DTC Account No. |
Transaction Code No. |
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CHECK HERE AND ENCLOSE A PHOTOCOPY OF THE NOTICE OF GUARANTEED
DELIVERY IF TENDERED OUTSTANDING NOTES ARE BEING DELIVERED
PURSUANT TO A NOTICE OF GUARANTEED DELIVERY PREVIOUSLY SENT TO
THE EXCHANGE AGENT AND COMPLETE THE FOLLOWING: |
Name(s) of Registered Holder(s):
Window Ticket Number (if any):
Date of Execution of Notice of Guaranteed Delivery:
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IF GUARANTEED DELIVERY IS TO BE MADE BY BOOK-ENTRY
TRANSFER:
Name of Tendering Institution:
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Transaction Code No. |
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CHECK HERE IF TENDERED BY BOOK-ENTRY TRANSFER AND NON-EXCHANGED
OUTSTANDING NOTES ARE TO BE RETURNED BY CREDITING THE DTC
ACCOUNT NUMBER SET FORTH ABOVE. |
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CHECK HERE IF YOU ARE A BROKER-DEALER WHO ACQUIRED THE ORIGINAL
NOTES FOR ITS OWN ACCOUNT AS A RESULT OF MARKET MAKING OR
OTHER TRADING ACTIVITIES (A “PARTICIPATING
BROKER-DEALER”) AND WISH TO RECEIVE 10 ADDITIONAL COPIES OF
THE PROSPECTUS AND 10 COPIES OF ANY AMENDMENTS OR SUPPLEMENTS
THERETO. |
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Ladies and Gentlemen:
The undersigned hereby tenders to either CCH I Holdings,
LLC, a Delaware limited liability company, and CCH I, LLC, a
Delaware limited liability company, as appropriate, (together,
the “Issuers”), the above described aggregate
principal amount of the Issuers’ issued and outstanding
notes (the “outstanding notes”), which are not
registered under the Securities Act of 1933, in exchange for a
like aggregate principal amount of the Issuers’ new notes
to be issued in the Exchange Offer (the “new notes”),
which have been registered under the Securities Act of 1933,
upon the terms and subject to the conditions set forth in that
certain prospectus of the Issuers, dated
February , 2006 (as the same
may be amended or supplemented from time to time, the
“Prospectus”), receipt of which is acknowledged, and
in this Letter of Transmittal (which, together with the
Prospectus, constitute the “Exchange Offer”).
Subject to and effective upon the acceptance for exchange of all
or any portion of the outstanding notes tendered herewith in
accordance with the terms and conditions of the Exchange Offer
(including, if the Exchange Offer is extended or amended, the
terms and conditions of any such extension or amendment), the
undersigned hereby sells, assigns and transfers to or upon the
order of the Issuers, free and clear of all liens, restrictions,
charges and encumbrances, all right, title and interest in and
to such outstanding notes as are being tendered herewith. The
undersigned hereby irrevocably constitutes and appoints the
Exchange Agent as its agent and
attorney-in-fact (with
full knowledge that the Exchange Agent is also acting as agent
of the Issuers in connection with the Exchange Offer) with
respect to the tendered outstanding notes, with full power of
substitution (such power of attorney being deemed to be an
irrevocable power coupled with an interest), subject only to the
right of withdrawal described in the Prospectus, to
(i) deliver Certificates for outstanding notes to the
appropriate Issuer together with all accompanying evidences of
transfer and authenticity to, or upon the order of, the Issuers,
upon receipt by the Exchange Agent, as the undersigned’s
agent, of the new notes to be issued in exchange for such
outstanding notes, (ii) present Certificates for such
outstanding notes for transfer, and to transfer the outstanding
notes on the books of the Issuers, and (iii) receive for
the account of the Issuers all benefits and otherwise exercise
all rights of beneficial ownership of such outstanding notes,
all in accordance with the terms and conditions of the Exchange
Offer.
THE UNDERSIGNED HEREBY REPRESENTS AND WARRANTS THAT THE
UNDERSIGNED HAS FULL POWER AND AUTHORITY TO TENDER, EXCHANGE,
SELL, ASSIGN AND TRANSFER THE OUTSTANDING NOTES TENDERED HEREBY
AND THAT, WHEN THE SAME ARE ACCEPTED FOR EXCHANGE, THE ISSUERS
WILL ACQUIRE GOOD, MARKETABLE AND UNENCUMBERED TITLE THERETO,
FREE AND CLEAR OF ALL LIENS, RESTRICTIONS, CHARGES AND
ENCUMBRANCES, AND THAT THE OUTSTANDING NOTES TENDERED HEREBY ARE
NOT SUBJECT TO ANY ADVERSE CLAIMS OR PROXIES. THE UNDERSIGNED
WILL, UPON REQUEST, EXECUTE AND DELIVER ANY ADDITIONAL DOCUMENTS
DEEMED BY THE ISSUERS OR THE EXCHANGE AGENT TO BE NECESSARY OR
DESIRABLE TO COMPLETE THE EXCHANGE, ASSIGNMENT AND TRANSFER OF
THE OUTSTANDING NOTES TENDERED HEREBY, AND THE UNDERSIGNED WILL
COMPLY WITH ITS OBLIGATIONS UNDER THE EXCHANGE AND REGISTRATION
RIGHTS AGREEMENTS. THE UNDERSIGNED HAS READ AND AGREES TO ALL OF
THE TERMS OF THE EXCHANGE OFFER.
The name(s) and address(es) of the registered holder(s) of the
outstanding notes tendered hereby should be printed above, if
they are not already set forth above, as they appear on the
Certificates representing such outstanding notes. The
Certificate number(s) and the outstanding notes that the
undersigned wishes to tender should be indicated in the
appropriate boxes above.
If any tendered outstanding notes are not exchanged pursuant to
the Exchange Offer for any reason, or if Certificates are
submitted for more outstanding notes than are tendered or
accepted for exchange, Certificates for such nonexchanged or
nontendered outstanding notes will be returned (or, in the case
of outstanding notes tendered by book-entry transfer, such
outstanding notes will be credited to an account maintained at
DTC), without expense to the tendering holder, promptly
following the expiration or termination of the Exchange Offer.
The undersigned understands that tenders of outstanding notes
pursuant to any one of the procedures described in “The
Exchange Offer — Terms of the Exchange
Offer — Procedures for Tendering” in the
Prospectus and in the instructions hereto will, upon the
Issuers’ acceptance for exchange of such tendered
outstanding notes, constitute a binding agreement between the
undersigned and the Issuers upon the terms and subject to the
conditions of the
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Exchange Offer. The undersigned recognizes that, under certain
circumstances set forth in the Prospectus, the Issuers may not
be required to accept for exchange any of the outstanding notes
tendered hereby.
Unless otherwise indicated herein in the box entitled
“Special Issuance Instructions” below, the undersigned
hereby directs that the new notes be issued in the name(s) of
the undersigned or, in the case of a book-entry transfer of
outstanding notes, that such new notes be credited to the
account indicated above maintained at DTC. If applicable,
substitute Certificates representing outstanding notes not
exchanged or not accepted for exchange will be issued to the
undersigned or, in the case of a book-entry transfer of
outstanding notes, will be credited to the account indicated
above maintained at DTC. Similarly, unless otherwise indicated
under “Special Delivery Instructions,” please deliver
new notes to the undersigned at the address shown below the
undersigned’s signature.
By tendering outstanding notes and executing this Letter of
Transmittal, the undersigned hereby represents and agrees that
(i) the undersigned is not an “affiliate” (as
defined in Rule 405 under the Securities Act) of the
Issuers or any of their subsidiaries, or, if the undersigned is
an “affiliate,” that the undersigned will comply with
the registration and prospectus delivery requirements of the
Securities Act of 1933 to the extent applicable, (ii) any
new notes to be received by the undersigned are being acquired
in the ordinary course of its business, (iii) the
undersigned has no arrangement or understanding with any person
to participate in a distribution (within the meaning of the
Securities Act of 1933) of new notes to be received in the
Exchange Offer, and (iv) if the undersigned is not a
broker-dealer, the undersigned is not engaged in, and does not
intend to engage in, a distribution (within the meaning of the
Securities Act of 1933) of such new notes. By tendering
outstanding notes pursuant to the Exchange Offer and executing
this Letter of Transmittal, a holder of outstanding notes which
is a broker-dealer represents and agrees, consistent with
certain interpretive letters issued by the staff of the Division
of Corporation Finance of the Securities and Exchange Commission
to third parties, that (a) such outstanding notes held by
the broker-dealer are held only as a nominee, or (b) such
outstanding notes were acquired by such broker-dealer for its
own account as a result of market-making activities or other
trading activities and it will deliver the Prospectus (as
amended or supplemented from time to time) meeting the
requirements of the Securities Act of 1933 in connection with
any resale of such new notes (provided that, by so acknowledging
and by delivering a prospectus meeting the requirements of the
Securities Act of 1933, such broker-dealer will not be deemed to
admit that it is an “underwriter” within the meaning
of the Securities Act of 1933). See “The Exchange
Offer — Terms of the Exchange Offer” and
“Plan of Distribution” in the Prospectus.
The Issuers have agreed that, subject to the provisions of the
Exchange and Registration Rights Agreement dated as of
September 28, 2005 by and among the Issuers and the
purchasers named therein (the “Exchange and Registration
Rights Agreement”), the Prospectus, as it may be amended or
supplemented from time to time, may be used by a participating
broker-dealer in connection with resales of new notes received
in exchange for outstanding notes, where such outstanding notes
were acquired by such participating broker-dealer for its own
account as a result of market-making activities or other trading
activities, for a period ending 180 days after the
Expiration Date (subject to extension under certain limited
circumstances described in the Prospectus) or, if earlier, when
all such new notes have been disposed of by such participating
broker-dealer. However, a participating broker-dealer who
intends to use the Prospectus in connection with the resale of
new notes received in exchange for outstanding notes pursuant to
the Exchange Offer must notify the Issuers, or cause the Issuers
to be notified, on or prior to the Expiration Date, that it is a
participating broker-dealer. Such notice may be given in the
space provided herein for that purpose or may be delivered to
the Exchange Agent at one of the addresses set forth in the
Prospectus under “The Exchange Offer — Exchange
Agent.” In that regard, each participating broker-dealer,
by tendering such outstanding notes and executing this Letter of
Transmittal, agrees that, upon receipt of notice from the
Issuers of the occurrence of any event or the discovery of any
fact which makes any statement contained or incorporated by
reference in the Prospectus untrue in any material respect or
which causes the Prospectus to omit to state a material fact
necessary in order to make the statements contained or
incorporated by reference therein, in light of the circumstances
under which they were made, not misleading or of the occurrence
of certain other events specified in the Exchange and
Registration Rights Agreement, such participating broker-dealer
will suspend the sale of new notes pursuant to the Prospectus
until the Issuers have amended or supplemented the Prospectus to
correct such misstatement or omission and have furnished copies
of the amended or supplemented Prospectus to the participating
broker-dealer or the Issuers have given notice that the sale of
the new notes may be resumed, as the case may be.
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If the Issuers give such notice to suspend the sale of the new
notes, the 180-day
period referred to above during which participating
broker-dealers are entitled to use the Prospectus in connection
with the resale of new notes shall be extended by the number of
days in the period from and including the date of the giving of
such notice to and including the date when the Issuers shall
have made available to participating broker-dealers copies of
the supplemented or amended Prospectus necessary to resume
resales of the new notes or to and including the date on which
the Issuers have given notice that the use of the applicable
Prospectus may be resumed, as the case may be.
Holders of outstanding notes whose outstanding notes are
accepted for exchange will not receive accrued interest on such
outstanding notes for any period from and after the last
interest payment date to which interest has been paid or duly
provided for on such outstanding notes prior to the original
issue date of the new notes, or if no such date has occurred,
the issue date, and the undersigned waives the right to receive
any interest on such outstanding notes accrued from and after
such date.
All authority herein conferred or agreed to be conferred in this
Letter of Transmittal shall survive the death or incapacity of
the undersigned and any obligation of the undersigned hereunder
shall be binding upon the heirs, executors, administrators,
personal representatives, trustees in bankruptcy, legal
representatives, successors and assigns of the undersigned.
Except as stated in the Prospectus, this tender is irrevocable.
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HOLDER(S) SIGN HERE
(SEE INSTRUCTIONS 2, 5 AND 6)
(PLEASE COMPLETE SUBSTITUTE FORM
W-9 BELOW)
(NOTE: SIGNATURE(S) MUST BE GUARANTEED IF REQUIRED BY
INSTRUCTION 2)
Must be signed by registered holder(s) exactly as name(s)
appear(s) on Certificate(s) for the outstanding notes hereby
tendered or on a security position listing, or by any person(s)
authorized to become the registered holder(s) by endorsements
and documents transmitted herewith (including such opinions of
counsel, certifications and other information as may be required
by the Issuers or the Trustee for the outstanding notes to
comply with the restrictions on transfer applicable to the
outstanding notes). If the signature is by an
attorney-in-fact,
executor, administrator, trustee, guardian, officer of a
corporation or another acting in a fiduciary capacity or
representative capacity, please set forth the signer’s full
title. See Instruction 5.
(SIGNATURE(S) OF HOLDER(S))
Name(s):
(Please Print)
Address:
(Include Zip Code)
Area Code and Telephone Number:
TAXPAYER IDENTIFICATION OR SOCIAL SECURITY NUMBER(S)
GUARANTEE OF SIGNATURE(S)
(SEE INSTRUCTIONS 2 AND 5)
Authorized Signature:
Name:
(Please Print)
Date: ______________________________ , 2006
Capacity or Title:
Name of Firm:
Address:
(Include Zip Code)
Area Code and Telephone Number:
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SPECIAL ISSUANCE INSTRUCTIONS
(See Instructions 1, 5 and 6)
To be completed ONLY if the new notes are to be issued in the
name of someone other than the registered holder of the
outstanding notes whose name(s) appear(s) above:
Issue New Notes to:
Name:
(Please Print)
Address:
(Include Zip Code)
(Taxpayer Identification or Social Security No.)
SPECIAL DELIVERY INSTRUCTIONS
(See, Instructions 1, 5 and 6)
To be completed ONLY if the new notes are to be sent to someone
other than the registered holder of the outstanding notes whose
name(s) appear(s) above, or to such registered holder(s) at an
address other than that shown above.
Mail New Notes to:
Name:
(Please Print)
Address:
(Include Zip Code)
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INSTRUCTIONS
FORMING PART OF THE TERMS AND CONDITIONS
OF THE EXCHANGE OFFER
1. Delivery of Letter of
Transmittal and Certificates; Guaranteed Delivery
Procedures. This Letter of Transmittal is to be completed
either if (a) Certificates are to be forwarded herewith or
(b) tenders are to be made pursuant to the procedures for
tender by book-entry transfer set forth in “The Exchange
Offer — Terms of the Exchange Offer —
Procedures for Tendering” in the Prospectus. Certificates,
or timely confirmation of a book-entry transfer of such
outstanding notes into the Exchange Agent’s account at DTC,
as well as this Letter of Transmittal (or manually signed
facsimile thereof), properly completed and duly executed, with
any required signature guarantees, or an Agent’s Message in
the case of a book-entry delivery, and any other documents
required by this Letter of Transmittal, must be received by the
Exchange Agent at one of its addresses set forth herein on or
prior to the Expiration Date. Outstanding notes may be tendered
in whole or in part in the principal amount of $1,000 and
integral multiples thereof.
Holders who wish to tender their outstanding notes and
(i) whose outstanding notes are not immediately available
or (ii) who cannot deliver their outstanding notes, this
Letter of Transmittal and all other required documents to the
Exchange Agent on or prior to the Expiration Date or
(iii) who cannot complete the procedures for delivery by
book-entry transfer on a timely basis, may tender their
outstanding notes by properly completing and duly executing a
Notice of Guaranteed Delivery pursuant to the guaranteed
delivery procedures set forth in “The Exchange
Offer — Guaranteed Delivery Procedures” in the
Prospectus. Pursuant to such procedures: (i) such tender
must be made by or through an Eligible Institution (as defined
below); (ii) a properly completed and duly executed Notice
of Guaranteed Delivery, substantially in the form made available
by the Issuers, must be received by the Exchange Agent on or
prior to the Expiration Date; and (iii) the Certificates
(or a book-entry confirmation) representing all tendered
outstanding notes, in proper form for transfer, together with a
Letter of Transmittal (or manually signed facsimile thereof),
properly completed and duly executed, with any required
signature guarantees, or an Agent’s Message in the case of
a book-entry delivery, and any other documents required by this
Letter of Transmittal, must be received by the Exchange Agent
within three New York Stock Exchange trading days after the date
of execution of such Notice of Guaranteed Delivery, all as
provided in “The Exchange Offer — Guaranteed
Delivery Procedures” in the Prospectus.
The Notice of Guaranteed Delivery may be delivered by hand or
transmitted by facsimile or mail to the Exchange Agent, and must
include a guarantee by an Eligible Institution in the form set
forth in such Notice. For outstanding notes to be properly
tendered pursuant to the guaranteed delivery procedure, the
Exchange Agent must receive a Notice of Guaranteed Delivery on
or prior to the Expiration Date. As used herein and in the
Prospectus, “Eligible Institution” means a firm or
other entity identified in
Rule 17Ad-15 under
the Exchange Act as “an eligible guarantor
institution,” including (as such terms are defined therein)
(i) a bank; (ii) a broker, dealer, municipal
securities broker or dealer or government securities broker or
dealer, (iii) a credit union; (iv) a national
securities exchange, registered securities association or
clearing agency; or (v) a savings association.
THE METHOD OF DELIVERY OF CERTIFICATES, THIS LETTER OF
TRANSMITTAL AND ALL OTHER REQUIRED DOCUMENTS IS AT THE OPTION
AND SOLE RISK OF THE TENDERING HOLDER, AND THE DELIVERY WILL BE
DEEMED MADE ONLY WHEN ACTUALLY RECEIVED BY THE EXCHANGE AGENT.
IF DELIVERY IS BY MAIL, REGISTERED MAIL WITH RETURN RECEIPT
REQUESTED AND PROPERLY INSURED OR OVERNIGHT DELIVERY SERVICE IS
RECOMMENDED. IN ALL CASES, SUFFICIENT TIME SHOULD BE ALLOWED TO
ENSURE TIMELY DELIVERY.
The Issuers will not accept any alternative, conditional or
contingent tenders. Each tendering holder, by execution of a
Letter of Transmittal (or manually signed facsimile thereof),
waives any right to receive any notice of the acceptance of such
tender.
2. Guarantee of Signatures.
No signature guarantee on this Letter of Transmittal is required
if:
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(i) this Letter of Transmittal is signed by the registered
holder (which term, for purposes of this document, shall include
any participant in DTC whose name appears on a security position
listing as the owner of the |
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outstanding notes) of outstanding notes tendered herewith,
unless such holder(s) has completed either the box entitled
“Special Issuance Instructions” or the box entitled
“Special Delivery Instructions” above, or |
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(ii) such outstanding notes are tendered for the account of
a firm that is an Eligible Institution. |
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In all other cases, an Eligible Institution must guarantee the
signature(s) on this Letter of Transmittal. See
Instruction 5.
3. Inadequate Space. If the
space provided in the box captioned “Description of
outstanding notes” is inadequate, the Certificate number(s)
and/or the principal amount of outstanding notes and any other
required information should be listed on a separate signed
schedule which is attached to this Letter of Transmittal.
4. Partial Tenders and
Withdrawal Rights. Tenders of outstanding notes will be
accepted only in the principal amount of $1,000 and integral
multiples thereof. If less than all the outstanding notes
evidenced by any Certificate submitted are to be tendered, fill
in the principal amount of outstanding notes which are to be
tendered in the box entitled “Principal Amount of
outstanding notes Tendered (if less than all).” In
such case, new Certificate(s) for the remainder of the
outstanding notes that were evidenced by your old Certificate(s)
will only be sent to the holder of the outstanding notes,
promptly after the Expiration Date. All outstanding notes
represented by Certificates delivered to the Exchange Agent will
be deemed to have been tendered unless otherwise indicated.
Except as otherwise provided herein, tenders of outstanding
notes may be withdrawn at any time on or prior to the Expiration
Date. In order for a withdrawal to be effective on or prior to
that time, a written, telegraphic, telex or facsimile
transmission of such notice of withdrawal must be timely
received by the Exchange Agent at one of its addresses set forth
above or in the Prospectus on or prior to the Expiration Date.
Any such notice of withdrawal must specify the name of the
person who tendered the outstanding notes to be withdrawn, the
aggregate principal amount of outstanding notes to be withdrawn,
and (if Certificates for outstanding notes have been tendered)
the name of the registered holder of the outstanding notes as
set forth on the Certificate for the outstanding notes, if
different from that of the person who tendered such outstanding
notes. If Certificates for the outstanding notes have been
delivered or otherwise identified to the Exchange Agent, then
prior to the physical release of such Certificates for the
outstanding notes, the tendering holder must submit the serial
numbers shown on the particular Certificates for the outstanding
notes to be withdrawn and the signature on the notice of
withdrawal must be guaranteed by an Eligible Institution, except
in the case of outstanding notes tendered for the account of an
Eligible Institution. If outstanding notes have been tendered
pursuant to the procedures for book-entry transfer set forth in
“The Exchange Offer — Procedures for
Tendering,” the notice of withdrawal must specify the name
and number of the account at DTC to be credited with the
withdrawal of outstanding notes, in which case a notice of
withdrawal will be effective if delivered to the Exchange Agent
by written, telegraphic, telex or facsimile transmission.
Withdrawals of tenders of outstanding notes may not be
rescinded. Outstanding notes properly withdrawn will not be
deemed validly tendered for purposes of the Exchange Offer, but
may be retendered at any subsequent time on or prior to the
Expiration Date by following any of the procedures described in
the Prospectus under “The Exchange Offer —
Procedures for Tendering.”
All questions as to the validity, form and eligibility
(including time of receipt) of such withdrawal notices will be
determined by the Issuers, in their sole discretion, whose
determination shall be final and binding on all parties. None of
the Issuers, any affiliates or assigns of the Issuers, the
Exchange Agent or any other person shall be under any duty to
give any notification of any irregularities in any notice of
withdrawal or incur any liability for failure to give any such
notification. Any outstanding notes which have been tendered but
which are withdrawn will be returned to the holder thereof
without cost to such holder promptly after withdrawal.
5. Signatures on Letter of
Transmittal, Assignments and Endorsements. If this Letter of
Transmittal is signed by the registered holder(s) of the
outstanding notes tendered hereby, the signature(s) must
correspond exactly with the name(s) as written on the face of
the Certificate(s) without alteration, enlargement or any change
whatsoever.
If any of the outstanding notes tendered hereby are owned of
record by two or more joint owners, all such owners must sign
this Letter of Transmittal.
If any tendered outstanding notes are registered in different
name(s) on several Certificates, it will be necessary to
complete, sign and submit as many separate Letters of
Transmittal (or manually signed facsimiles thereof) as there are
different registrations of Certificates.
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If this Letter of Transmittal or any Certificates or bond powers
are signed by trustees, executors, administrators, guardians,
attorneys-in-fact,
officers of corporations or others acting in a fiduciary or
representative capacity, such persons should so indicate when
signing and must submit proper evidence satisfactory to the
Issuers, in their sole discretion, of such person(s)’
authority to so act.
When this Letter of Transmittal is signed by the registered
owner(s) of the outstanding notes listed and transmitted hereby,
no endorsement(s) of Certificate(s) or separate bond power(s)
are required unless new notes are to be issued in the name of a
person other than the registered holder(s), Signature(s) on such
Certificate(s) or bond power(s) must be guaranteed by an
Eligible Institution.
If this Letter of Transmittal is signed by a person other than
the registered owner(s) of the outstanding notes listed, the
Certificates must be endorsed or accompanied by appropriate bond
powers, signed exactly as the name or names of the registered
owner(s) appear(s) on the Certificates, and also must be
accompanied by such opinions of counsel, certifications and
other information as the Issuer or the Trustee for the
outstanding notes may require in accordance with the
restrictions on transfer applicable to the outstanding notes.
Signatures on such Certificates or bond powers must be
guaranteed by an Eligible Institution.
6. Special Issuance and Delivery
Instructions. If new notes are to be issued in the name of a
person other than the signer of this Letter of Transmittal, or
if new notes are to be sent to someone other than the signer of
this Letter of Transmittal or to an address other than that
shown above, the appropriate boxes on this Letter of Transmittal
should be completed. Certificates for outstanding notes not
exchanged will be returned by mail or, if tendered by book-entry
transfer, by crediting the account indicated above maintained at
DTC. See Instruction 4.
7. Irregularities. The
Issuers determine, in their sole discretion, all questions as to
the form of documents, validity, eligibility (including time of
receipt) and acceptance for exchange of any tender of
outstanding notes, which determination shall be final and
binding on all parties. The Issuers reserve the absolute right
to reject any and all tenders determined by it not to be in
proper form or the acceptance of which, or exchange for, may, in
the view of counsel to the Issuers, be unlawful. The Issuers
also reserves the absolute right, subject to applicable law, to
waive any of the conditions of the Exchange Offer set forth in
the Prospectus under “The Exchange Offer —
Conditions” or any conditions or irregularity in any tender
of outstanding notes of any particular holder whether or not
similar conditions or irregularities are waived in the case of
other holders. The Issuers’ interpretation of the terms and
conditions of the Exchange Offer (including this Letter of
Transmittal and the instructions hereto) will be final and
binding. No tender of outstanding notes will be deemed to have
been validly made until all irregularities with respect to such
tender have been cured or waived. None of the Issuers, any
affiliates or assigns of the Issuers, the Exchange Agent, or any
other person shall be under any duty to give notification of any
irregularities in tenders or incur any liability for failure to
give such notification.
8. Questions, Requests for
Assistance and Additional Copies. Questions and requests for
assistance may be directed to the Exchange Agent at one of its
addresses and telephone number set forth on the front of this
Letter of Transmittal. Additional copies of the Prospectus, the
Notice of Guaranteed Delivery and the Letter of Transmittal may
be obtained from the Exchange Agent or from your broker, dealer,
commercial bank, trust company or other nominee.
9. 28% Backup Withholding;
Substitute
Form W-9.
Under U.S. Federal income tax law, a holder whose tendered
outstanding notes are accepted for exchange is required to
provide the Exchange Agent with such holder’s correct
taxpayer identification number (“TIN”) on Substitute
Form W-9 below. If
the Exchange Agent is not provided with the correct TIN, the
Internal Revenue Service (the “IRS”) may subject the
holder or other payee to a $50 penalty. In addition, payments to
such holders or other payees with respect to outstanding notes
exchanged pursuant to the Exchange Offer may be subject to a 28%
backup withholding.
The box in Part 2 of the Substitute
Form W-9 may be
checked if the tendering holder has not been issued a TIN and
has applied for a TIN or intends to apply for a TIN in the near
future. If the box in Part 2 is checked, the holder or
other payee must also complete the Certificate of Awaiting
Taxpayer Identification Number below in order to avoid backup
withholding. Notwithstanding that the box in Part 2 is
checked and the Certificate of Awaiting Taxpayer Identification
Number is completed, the Exchange Agent will withhold 28% of all
payments made prior to the time a properly certified TIN is
provided to the Exchange Agent. The Exchange Agent will retain
such amounts
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withheld during the 60 day period following the date of the
Substitute
Form W-9. If the
holder furnishes the Exchange Agent with its TIN within
60 days after the date of the Substitute
Form W-9, the
amounts retained during the 60 day period will be remitted
to the holder and no further amounts shall be retained or
withheld from payments made to the holder thereafter. If,
however, the holder has not provided the Exchange Agent with its
TIN within such 60 day period, amounts withheld will be
remitted to the IRS as backup withholding. In addition, 28% of
all payments made thereafter will be withheld and remitted to
the IRS until a correct TIN is provided
The holder is required to give the Exchange Agent the TIN (e.g.,
social security number or employer identification number) of the
registered owner of the outstanding notes or of the last
transferee appearing on the transfers attached to, or endorsed
on, the outstanding notes. If the outstanding notes are
registered in more than one name or are not in the name of the
actual owner, consult the enclosed “Guidelines for
Certification of Taxpayer Identification Number on Substitute
Form W-9” for
additional guidance on which number to report.
Certain holders (including, among others, corporations,
financial institutions and certain foreign persons) may not be
subject to these backup withholding and reporting requirements.
Such holders should nevertheless complete the attached
Substitute
Form W-9 below,
and write “exempt” on the face thereof, to avoid
possible erroneous backup withholding. A foreign person may
qualify as an exempt recipient by submitting an appropriate
properly completed IRS Form W-8, signed under penalties of
perjury, attesting to that holder’s exempt status. Please
consult the enclosed Substitute
Form W-9 for
additional guidance on which holders are exempt from backup
withholding.
Backup withholding is not an additional U.S. Federal income
tax. Rather, the U.S. Federal income tax liability of a
person subject to backup withholding will be reduced by the
amount of tax withheld. If withholding results in an overpayment
of taxes, a refund may be obtained.
10. Lost, Destroyed or Stolen
Certificates. If any Certificate(s) representing outstanding
notes has been lost, destroyed or stolen, the holder should
promptly notify the Exchange Agent. The holder will then be
instructed as to the steps that must be taken in order to
replace the Certificate(s). This Letter of Transmittal and
related documents cannot be processed until the procedures for
replacing lost, destroyed or stolen Certificate(s) have been
followed.
11. Security Transfer Taxes.
Holders who tender their outstanding notes for exchange will not
be obligated to pay any transfer taxes in connection therewith.
If, however, new notes are to be delivered to, or are to be
issued in the name of, any person other than the registered
holder of the outstanding notes tendered, or if a transfer tax
is imposed for any reason other than the exchange of outstanding
notes in connection with the Exchange Offer, then the amount of
any such transfer tax (whether imposed on the registered holder
or any other persons) will be payable by the tendering holder.
If satisfactory evidence of payment of such taxes or exemption
therefrom is not submitted with the Letter of Transmittal, the
amount of such transfer taxes will be billed directly to such
tendering holder.
IMPORTANT: THIS LETTER OF TRANSMITTAL (OR MANUALLY SIGNED
FACSIMILE THEREOF) AND ALL OTHER REQUIRED DOCUMENTS MUST BE
RECEIVED BY THE EXCHANGE AGENT ON OR PRIOR TO THE EXPIRATION
DATE.
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TO BE COMPLETED BY ALL TENDERING NOTEHOLDERS
(SEE INSTRUCTION 9)
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| PAYER’S NAME: [ ] |
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SUBSTITUTE
FORM W-9
Department of the Treasury, Internal Revenue Service |
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Part 1 — PLEASE PROVIDE YOUR TIN IN THE
BOX AT RIGHT AND CERTIFY BY SIGNING AND DATING BELOW |
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Social Security Number
OR
Employer Identification Number |
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Payer’s Request for Taxpayer Identification Number
(“TIN”) and Certification |
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CERTIFICATION — UNDER THE PENALTIES OF PERJURY, I
CERTIFY THAT:
(1) the number shown on this form is my correct Taxpayer
Identification Number (or that I am waiting and Certification
for a number to be issued to me).
(2) I am not subject to backup withholding because:
(a) I am exempt from backup withholding, (b) I have
not been notified by the Internal Revenue Service (the
“IRS”) that I am subject to backup withholding as a
result of a failure to report all interest or dividends, or
(C) the IRS has notified me that I am no longer subject to
withholding.
(3) any other information provided an this form is true and
correct |
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Certification Instructions — You must
cross out item (2) above if you have been notified by the
IRS that you are currently subject to backup withholding because
of underreporting interest or dividends on your tax return.
However, if after being notified by the IRS that you were
subject to backup withholding, you received another notification
from the IRS that you are no longer subject to backup
withholding, do not cross out item (2). |
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Signature Date |
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Part 2 — AWAITING
TIN o
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| NOTE: |
FAILURE TO COMPLETE AND RETURN THIS FORM MAY IN CERTAIN
CIRCUMSTANCES RESULT IN BACKUP WITHHOLDING OF 28% OF ANY AMOUNTS
PAID TO YOU PURSUANT TO THE EXCHANGE OFFER PLEASE REVIEW THE
ENCLOSED GUIDELINES FOR CERTIFICATION OF TAXPAYER IDENTIFICATION
NUMBER ON SUBSTITUTE FORM
W-9 FOR ADDITIONAL
DETAILS. |
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YOU MUST COMPLETE THE FOLLOWING CERTIFICATE IF
YOU CHECKED THE BOX IN PART 2 OF SUBSTITUTE FORM
W-9.
CERTIFICATE OF AWAITING TAXPAYER IDENTIFICATION NUMBER
I certify under penalties of perjury that a Taxpayer
Identification Number has not been issued to me, and either
(1) I have mailed or delivered an application to receive a
Taxpayer Identification Number to the appropriate Internal
Revenue Service Center or Social Security Administration Once or
(2) I intend to mail or deliver an application in the near
future. I understand that if I do not provide a Taxpayer
Identification Number by the time of payment, 28% of all
payments made to me on account, of the new notes shall be
retained until I provide a Taxpayer Identification Number to the
Exchange Agent and that, if I do not provide my Taxpayer
Identification Number within 60 days, such retained amounts
shall be remitted to the Internal Revenue Service as backup
withholding and 28% of all reportable payments made to me
thereafter will be withheld and remitted to the Internal Revenue
Service until I provide a Taxpayer Identification Number.
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| Signature |
Date _________________________ , 2006 |
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