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EXHIBIT 10.71
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EXHIBIT 10.71
February 22, 1996
via Federal Express
▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇
Bradenton Broadcast Television Company, Ltd.
▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Dear ▇▇. ▇▇▇▇▇▇:
This letter is provided by ▇▇▇▇▇▇ Communications of Tampa-66, Inc. ("▇▇▇▇▇▇
66") in connection with the Loan and Option Agreement (the "Option Agreement")
dated as of December 17, 1993, by and between The Christian Network, Inc.
("CNI") and Bradenton Broadcast Television Company, Ltd. ("BBTC"). Pursuant to
a Partial Assignment and Assumption Of Loan And Option Agreement dated as of
June 15, 1994, by and between CNI and ▇▇▇▇▇▇ 66, CNI assigned all of its right,
title, interest, benefits, obligations and burdens under the Option Agreement
to ▇▇▇▇▇▇ 66.
Pursuant to Section 3.3 of the Option Agreement, we hereby provide notice that
▇▇▇▇▇▇ 66 intends to exercise the Option (as defined in the Option Agreement).
Under Section 7.1 of the Option Agreement, the delivery of this notice requires
▇▇▇▇▇▇ 66 and BBTC promptly to prepare for filing with the Federal
Communications Commission an appropriate application for FCC Consent (as
defined in the Option Agreement).
Sincerely,
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
--------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Assistant General Counsel
cc: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, Esq.
▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇., Esq.
bcc: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, Esq.
