Examples of TCI Ventures Group in a sentence
If the market value of the Option Shares is less than the Investment Bankers' cost, the Company, at its option, will settle such difference with shares of TCI Group Series A Stock or TCI Ventures Group Series A Stock or, subject to certain conditions, with cash or letters of credit.
Series A TCI Ventures Group Common Stock, par value $1.00 per share ("TCI Ventures Group Series A Stock") and Tele-Communications, Inc.
As of December 31, 1997, the Equity Swap Facility has acquired 345,000 shares of TCI Group Series A Stock and 380,000 shares of TCI Ventures Group Series A Stock at an aggregate cost that was approximately $3 million less than the fair value of such Equity Swap Shares at December 31, 1997.
Pursuant to the Equity Swap Facility, TCI Group has the right to direct the counterparty (the "Counterparty") to use the Equity Swap Facility to purchase shares ("Equity Swap Shares") of TCI Group Series A Stock and TCI Ventures Group Series A Stock with an aggregate purchase price of up to $300 million.
Due to the Company's ability to settle quarterly price fluctuations and fees with shares of TCI Group Series A Stock or TCI Ventures Group Series A Stock, the Company records all amounts received or paid under this arrangement as increases or decreases, respectively, to equity.
Following consummation of the Liberty Distribution and TCI Ventures Exchange, TCI Group no longer has Inter-Group Interests in Liberty Media Group and TCI Ventures Group, respectively.
The TCI Ventures Group was intended to reflect the separate performance of TCI's principal international assets and businesses and substantially all of TCI's non-cable and non-programming assets.
In addition, as part of the Magness Settlement, TCI issued 1,339,415 shares of TCI Group Series B Stock to the Estate of Betsy Magness in exchange for an equal number of shares of TCI Group Series A Stock and issued 1,531,834 shares of TCI Ventures Group Series B Stock for an equal number of shares of TCI Ventures Group Series A Stock.
Series B TCI Ventures Group Common Stock, par value $1.00 per share ("TCI Ventures Group Series B Stock", and together with the TCI Ventures Group Series A Stock, the "TCI Ventures Group Stock"), is intended to reflect the separate performance of TCI's principal international assets and businesses and substantially all of TCI's non-cable and non-programming assets.
Pursuant to the Equity Swap Facility, TCI has the right to direct the Counterparty to use the Equity Swap Facility to purchase Equity Swap Shares of TCI Group Series A Stock and TCI Ventures Group Series A Stock with an aggregate purchase price of up to $300 million.