(212) 351-4000
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19761-00036 | |
(212) 351-4035 |
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Charter Communications, Inc. |
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12405 Powerscourt Drive |
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St. Louis, Missouri 63131 |
Re:
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Charter Communications, Inc. | |
| Registration Statement on Form S-4 |
| 1. | When the Indenture has been validly executed and delivered by Charter and the Trustee thereunder and the Notes have been duly executed and delivered by Charter and authenticated by the Trustee in accordance with the provisions of the Indenture, the Notes will constitute legal, valid and binding obligations of Charter, enforceable against it in accordance with their terms. | ||
| 2. | The Notes are convertible into shares of common stock of the Company in accordance with the terms of the Indenture. The shares of common stock initially issuable upon conversion of the Notes pursuant to the conversion rate set forth in the Indenture have been duly authorized and reserved for issuance upon such conversion and, when issued upon such conversion as provided in the Indenture, will be validly issued, fully paid and nonassessable. |
| A. | We render no opinion herein as to matters involving the laws of any jurisdiction other than the State of New York, the United States of America and the Delaware General Corporation Law. We are not admitted to practice in the State of Delaware; however, we are generally familiar with the Delaware General Corporation Law as currently in effect and have made such inquiries as we consider necessary to render the opinions contained herein. This opinion is limited to the effect of the current state of the laws of the State of New York, the United States of America and the Delaware General Corporation Law and the facts as they currently exist. We assume no obligation to revise or supplement this opinion in the event of future changes in such laws or the interpretations thereof or such facts. | ||
| B. | Our opinions set forth above are subject to (i) the effect of any bankruptcy, insolvency, reorganization, moratorium, arrangement or similar laws affecting the rights and remedies of creditors generally (including, without limitation, the effect of statutory or other laws regarding fraudulent transfers or preferential transfers) and (ii) general principles of equity, including, without limitation, concepts of materiality, reasonableness, good faith and fair dealing and the possible unavailability of specific performance, injunctive relief or other equitable remedies, regardless of whether a matter is considered in a proceeding in equity or at law. | ||
| C. | We express no opinion regarding the effectiveness of (i) any waiver of stay, extension or usury laws or of unknown future rights or (ii) provisions relating to |
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| indemnification or contribution, to the extent that such provisions may be contrary to public policy or federal or state securities laws. |
| Very truly yours, GIBSON, DUNN & CRUTCHER LLP |
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