2015-001 Council Resolution - Laserfiche WebLink

Home Search

• • • reasonable service in light of the community's needs, or any failure to comply with the terms and conditions of the Franchise Documents. or with applicable law. except as set forth in the Franchise Settlement Agreement. 1.4 Subject to the Franchise Settlement Agreement. the NMTC and the City waive none of their rights with respect to the Franchisee's compliance with the terms. conditions. requirements and obligations set forth in the Franchise Documents and in applicable law. The City's approval of the Transfer Application shall in no way be deemed a representation by the City or the NMTC that the Franchisee is in compliance with all of its obligations under the Franchise Documents and applicable law. 1.5 After the Proposed Transaction, GreatLand and Franchisee will be bound by all the commitments. duties. and obligations. present and continuing. embodied in the Franchise Documents and applicable law. The Proposed Transaction will have no effect on these obligations. 1.6 GreatLand shall provide an executed written certification in the form attached hereto within thirty (30) days after consummation of the Proposed Transaction. guarantying the full performance of the Franchisee. GreatLand shall provide the NMTC and the City with written notification that the Proposed Transaction closed within ten (10) days after the closing: 1.7 GreatLand will comply with any and all conditions or requirements applicable to GreatLand set forth in all approvals granted by federal agencies with respect to the Proposed Transaction and Transfer Application (including any conditions with respect to programming agreements), such conditions or requirements to be exclusively enforced at the federal level; 1.8 GreatLand shall provide a written guarantee in the form attached hereto within thirty (30) days of the effective date of this Resolution specifying that subscriber rates and charges in the City will not increase as a result of the costs of the Proposed Transaction; 1.9 After the Proposed Transaction is consummated, GreatLand and Franchisee will continue to be responsible for all past acts and omissions. known and unknown. under the Franchise Documents and applicable law for all purposes. including (but not limited to) Franchise renewal to the same extent and in the same manner as before the Proposed Transaction. subject to the terms of the Franchise Settlement Agreement. 1.10 Nothing in this Resolution amends or alters the Franchise Documents or any requirements therein in any way. and all provisions of the Franchise Documents remain in full force and effect and are enforceable in accordance with their terms and with applicable law. The Proposed Transaction shall not permit GreatLand and Franchisee to take any position or exercise any right with respect to the Franchise Documents and the relationship thereby established with the NMTC and the City that could not have been exercised prior