Exhibit 99.2
NOTICE OF GUARANTEED DELIVERY
With Respect to
10% Senior Subordinated Notes due 2011
of
YOUNG BROADCASTING INC.
Pursuant to the Prospectus Dated ______, 2001
This form must be used by a holder of 10% Senior Subordinated Notes due
2011 (the "Notes") of Young Broadcasting Inc., a Delaware corporation (the
"Issuer"), who wishes to tender Notes to the Exchange Agent pursuant to the
guaranteed delivery procedures described in "Exchange Offer--Guaranteed Delivery
Procedure" of the Issuer's Prospectus, dated ______, 2001 (the "Prospectus") and
in Instruction 2 to the related Letter of Transmittal. Any holder who wishes to
tender Notes pursuant to such guaranteed delivery procedures must ensure that
the Exchange Agent receives this Notice of Guaranteed Delivery prior to the
Expiration Date of the Exchange Offer. Capitalized terms used but not defined
herein have the meanings ascribed to them in the Prospectus or the Letter of
Transmittal.
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THE EXCHANGE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK
CITY TIME, ON ________, 2001 UNLESS EXTENDED (THE "EXPIRATION DATE").
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First Union National Bank
(the "Exchange Agent"):
BY OVERNIGHT COURIER: BY FACSIMILE: BY HAND:
First Union National Bank (704) 590-7628 First Union National Bank
First Union Customer Information Center Confirm by Telephone: First Union Customer Information Center
Corporate Trust Operations - NC1153 (704) 590-7413 Corporate Trust Operations - NC1153
1525 West W.T. Harris Boulevard - 3C3 1525 West W.T. Harris Boulevard - 3C3
Charlotte, NC 28288 Charlotte, NC 28288
Attention: Marsha Rice Attention: Marsha Rice
BY MAIL:
First Union National Bank
First Union Customer Information Center
Corporate Trust Operations - NC1153
1525 West W.T. Harris Boulevard - 3C3
Charlotte, NC 28288
Attention: Marsha Rice
Delivery of this instrument to an address other than as set forth above
will not constitute a valid delivery.
This form is not to be used to guarantee signatures. If a signature on a
Letter of Transmittal is required to be guaranteed by an "Eligible Institution"
under the instructions thereto, such signature guarantee must appear in the
applicable space provided in the signature box on the Letter of Transmittal.
Ladies and Gentlemen:
The undersigned hereby tenders to the Issuer, upon the terms and subject to
the conditions set forth in the Prospectus and the related Letter of
Transmittal, receipt of which is hereby acknowledged, the principal amount of
Notes set forth below pursuant to the guaranteed delivery procedures set forth
in the Prospectus and in Instruction 2 of the Letter of Transmittal.
The undersigned hereby tenders the Notes listed below:
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Certificate Number(s) (if known) of Notes or Aggregate Principal Aggregate Principal
Account Number at the Book-Entry Facility Amount Represented Amount Tendered
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PLEASE SIGN AND COMPLETE
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Signatures of Registered Holder(s) or
Authorized Signatory: ______________________ Date: ___________________, 2001
____________________________________________ Address: ________________________
____________________________________________ _________________________________
Name(s) of Registered Holder(s): ___________ Area Code and Telephone No.: ____
____________________________________________
____________________________________________
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This Notice of Guaranteed Delivery must be signed by the Holder(s) exactly
as their name(s) appear on certificates for Notes or on a security position
listing as the owner of Notes, or by person(s) authorized to become Holder(s) by
endorsements and documents transmitted with this Notice of Guaranteed Delivery.
If signature is by a trustee, executor, administrator, guardian, attorney-in-
fact, officer or other person acting in a fiduciary or representative capacity,
such person must provide the following information.
Please print name(s) and address(es)
Name(s): ______________________________________________________________________
_______________________________________________________________________________
Capacity: _____________________________________________________________________
Address(es): __________________________________________________________________
_______________________________________________________________________________
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GUARANTEE
(Not to be used for signature guarantee)
The undersigned, a firm which is a member of a registered national
securities exchange or of the National Association of Securities Dealers, Inc.,
or is a commercial bank or trust company having an office or correspondent in
the United States, or is otherwise an "eligible guarantor institution" within
the meaning of Rule 17Ad-15 under the Securities Exchange Act of 1934, as
amended, guarantees deposit with the Exchange Agent of the Letter of Transmittal
(or manually signed facsimile thereof), with any required signature guarantees
or an Agent's Message (in the case of a book-entry transfer), together with the
Notes tendered hereby in proper form for transfer (or confirmation of the book-
entry transfer of such Notes into the Exchange Agent's account at the Book-Entry
Transfer Facility described in the Prospectus under the caption "Exchange Offer
- --Guaranteed Delivery Procedures" and in the Letter of Transmittal) and any
other required documents, all by 5:00 p.m., New York City time, within three New
York Stock Exchange trading days following the Expiration Date.
Name of firm ______________________________ __________________________________
(Authorized Signature)
Address ___________________________________ Name ______________________________
(Please Print)
___________________________________________ Title______________________________
(Include Zip Code)
Area Code and Tel. No. ____________________ Dated _____________________________
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DO NOT SEND SECURITIES WITH THIS FORM. ACTUAL SURRENDER OF SECURITIES MUST
BE MADE PURSUANT TO, AND BE ACCOMPANIED BY, AN EXECUTED LETTER OF TRANSMITTAL.
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INSTRUCTIONS FOR NOTICE OF GUARANTEED DELIVERY
1. Delivery of this Notice of Guaranteed Delivery. A properly
completed and duly executed copy of this Notice of Guaranteed Delivery and any
other documents required by this Notice of Guaranteed Delivery must be received
by the Exchange Agent at its address set forth herein prior to the Expiration
Date. The method of delivery of this Notice of Guaranteed Delivery and any other
required documents to the Exchange Agent is at the election and sole risk of the
holder, and the delivery will be deemed made only when actually received by the
Exchange Agent. If delivery is by mail, registered mail with return receipt
requested, properly insured, is recommended. As an alternative to delivery by
mail, the holders may wish to consider using an overnight or hand delivery
service. In all cases, sufficient time should be allowed to assure timely
delivery. For a description of the guaranteed delivery procedures, see
Instruction 2 of the Letter of Transmittal.
2. Signatures on this Notice of Guaranteed Delivery. If this Notice
of Guaranteed Delivery is signed by the registered holder(s) of the Notes
referred to herein, the signature must correspond with the name(s) written on
the face of the Notes without alteration, enlargement, or any change whatsoever.
If this Notice of Guaranteed Delivery is signed by a participant of the Book-
Entry Transfer Facility whose name appears on a security position listing as the
owner of the Notes, the signature must correspond with the name shown on the
security position listing as the owner of the Notes.
If this Notice of Guaranteed Delivery is signed by a person other than
the registered holder(s) of any Notes listed or a participant of the Book-Entry
Transfer Facility, this Notice of Guaranteed Delivery must be accompanied by
appropriate bond powers, signed as the name of the registered holder(s) appears
on the Notes or signed as the name of the participant shown on the Book-Entry
Transfer Facility's security position listing.
If this Notice of Guaranteed Delivery is signed by a trustee,
executor, administrator, guardian, attorney-in-fact, officer of a corporation,
or other person acting in a fiduciary or representative capacity, such person
should so indicate when signing and submit with the Letter of Transmittal
evidence satisfactory to the Company of such person's authority to so act.
3. Requests for Assistance or Additional Copies. Questions and
requests for assistance and requests for additional copies of the Prospectus may
be directed to the Exchange Agent at the address specified herein. Holders may
also contact their broker, dealer, commercial bank, trust company, or other
nominee for assistance concerning the Exchange Offer.
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