Comcast 2010 Annual Report Download - page 222

“ Investment Grade Credit Rating ” means that NBCU’s senior unsecured long-term Debt is rated at least BBB- by Standard & Poor’s
Ratings Services and at least Baa3 by Moody’s Investors Service, Inc.; provided that if no such Debt is outstanding at that time, then such Debt
shall be deemed to be rated at those ratings that the ratings agencies or their successors assign to Debt of NBCU having the hypothetical
characteristics of such Debt on a “shadow rating” or “indicative rating” basis.
“ IPO ” means the first underwritten public offering of common Equity Securities of the Company that results in such common Equity
Securities of the Company being publicly registered and traded.
“ Law ” means any transnational, domestic or foreign federal, state or local statute, law, ordinance, regulation, rule, code, order or other
requirement or rule of law, including the common law.
“ Leasing ”
means the rental, leasing, or financing under operating leases, finance leases or hire purchase or rental agreements, of property,
whether real, personal, tangible or intangible.
“ LIBOR ” means the rate per annum equal to the British Bankers Association LIBOR from Telerate Successor Page 3750, as published
by Reuters at approximately 11:00 a.m., London time, on the date of the commencement of the relevant interest period, as the rate for dollar
deposits with a three-month maturity. If such rate is not available at such time for any reason, then “ LIBOR ” shall be the arithmetic mean of
the rates quoted by three major banks in the City of New York, selected by the Company, at approximately 11:00 a.m., New York City time, on
the date of the commencement of the relevant interest period for loans in U.S. dollars to leading European banks in a principal amount equal to
an amount not less than $1 million that is representative for a single transaction in such market at such time.
“ Member ” means, at any time, for so long as it holds any Units, (i) any Initial Comcast Member and any Initial GE Member, as
applicable, and (ii) any other Person who, after the Closing, is admitted to the Company as a member in accordance with the terms of this
Agreement. No Person that is not a Member shall be deemed a “member” of the Company under the Act.
“ Membership Percentage ”
means, with respect to any Member as of any time, the number of Units owned by such Member at such time
divided by the aggregate number of Units owned by all Members at such time.
“ Mixed Competing Business Acquisition ” means a transaction involving both an acquisition of or an investment in a Company
Principal Business and an acquisition of or an investment in a business that is not a Company Principal Business.
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