Joinder Agreement to Amended and Restated Pledge Agreement by ACC Licensee, Inc.
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Summary
ACC Licensee, Inc. agrees to join the existing Amended and Restated Pledge Agreement dated March 27, 2001, originally between Allbritton Communications Company, Fleet National Bank (as Agent), and other parties. By signing, ACC Licensee, Inc. becomes a party to the agreement and is bound by its terms as both a "Pledgor" and a "Pledged Share Issuer." This means ACC Licensee, Inc. assumes the same rights and obligations as the original parties under the Pledge Agreement.
EX-10.16 7 dex1016.txt EXHIBIT 10.16 Exhibit 10.16 JOINDER AGREEMENT TO PLEDGE AGREEMENT The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain Amended and restated Pledge Agreement dates as of March 27, 2001 (as amended, supplemented or otherwise modified from time to time, the "Pledge Agreement", capitalized terms defined therein being used herein as therein defined) by and among Allbritton Communications Company, Fleet National Bank, as Agent, and the other parties thereto, and that further agrees that for all purposes of the Pledge Agreement, the undersigned shall be included within the terms "Pledgor" and "Pledged Share Issuer". ACC LICENSEE, INC. BY: /s/ Stephen P. Gibson -------------------------------- Name: Stephen P. Gibson Title: Chief Financial Officer -1-