Laserfiche WebLink
exercises its lien rights over the Franchise or the Cable System's facilities. <br /> <br /> (ii) The City shall make its determination as to whether to grant or deny an <br />application for approval of a Franchise Transfer as provided in Section 4 of the Cable <br />Ordinance, in a manner consistent with Section 617 of the Cable Act, 47 U.S.C. §537, and <br />47 C.F.R. §76.502, as amended. <br /> <br /> (iii) Notwithstanding anything to the contrary contained in the Cable <br />Ordinance, the requirements of Section 4(f) of the Cable Ordinance shall not apply to, and <br />shall not require approval of the City for the restructuring of debt or ownership interests <br />among existing equity participants in the Franchisee or their Affiliates, provided that the <br />following conditions are satisfied: (i) the Franchisee provides to the City not less than thirty <br />(30) days prior written notice of the proposed transaction, including a description of the <br />transaction and an anticipated timeline, (ii) the Franchisee represents in such advance <br />written notice that such transaction will have no foreseeable effect on the Agreement <br />between the City and the Franchisee relating to the management and operation of the <br />Franchisee's Cable System, and (iii) the Franchisee provides reasonably prompt written <br />notice to the City of the conclusion of the transaction and confirmation that it will have no <br />foreseeable effect on the parties' Agreement. If at any time prior to the conclusion of the <br />transaction the Franchisee becomes aware that its representations regarding the absence <br />of a foreseeable effect on the Agreement are no longer accurate, then it must notify the <br />City immediately and advance approval of the transaction must be obtained in accordance <br />with the Cable Ordinance. <br /> <br />17 <br /> <br /> <br />