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96-051 Ordinance
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96-051 Ordinance
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Last modified
1/28/2014 10:10:38 AM
Creation date
1/17/2014 10:13:09 AM
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North Olmsted Legislation
Legislation Number
96-051
Legislation Date
4/9/1996
Year
1996
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<br /> <br />Failure by the GRANTEE to substantially comply to the reasonable <br />satisfaction of the City with any and all material, terms and <br />conditions of this franchise. <br />2. Failure by the GRANTEE to provide the level and quality of service <br />reasonably acceptable to the City, and if such level and quality of <br />service has not been reasonable in light of the terms and <br />conditions of this Agreement. <br />3. Failure by the GRANTEE to satisfactorily demonstrate to the City its <br />financial, legal or technical ability to continue to provide the <br />service, equipment and facilities set forth and required by this <br />Agreement; or <br />4. The GRANTEE's proposal is determined by the City to be <br />unreasonable and fails to reasonably meet the then-current and <br />future cable-related communication needs and interests. <br />Otherwise, this Franchise may be renewed in accordance with Section 626 of <br />the Federal Cable Act. Further, the City acknowledges that the Franchise will make a <br />substantial investment in providing facilities and services pursuant to this Franchise <br />Agreement and that renewal of the Franchise, provided it meets the criteria specified <br />in applicable law, is a significant factor in the GRANTEE's willingness to assume its <br />obligations hereunder. <br />SECTION XII: <br />FORECLOSUREIDEFAULT <br />Upon the foreclosure, default or other judicial sale of all or substantial part of <br />the system, or upon the termination of any lease covering all or a substantial part of <br />the system, the GRANTEE shall immediately notify the City of such fact, and such <br />notification shall be treated as a notification that a change in control of the GRANTEE <br />has taken place, and the provisions of Section XIII of this Agreement governing the <br />consent of the Council to such change in control of the GRANTEE shall apply. <br />23
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