O-1996-2095 - Laserfiche WebLink

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e e ORDINANCE NO. 96- 2095 PAGE 2 section 2. The Franchise Authority hereby consents to and approves the subsequent transfer of the System and the Franchise from InterMedia to either of the TCI Transferees, or from Prime directly to TCI of Houston, Inc., all in accordance with the terms of the Franchise. section 3. The consents herein granted do not constitute and shall not be construed to constitute a waiver of any obligations of Franchisee under the Franchise. section 4. The Franchise Author i ty hereby extends the term of the Franchise for a period of six months from its current expiration date of June 30, 1996, so that the Franchise will expire on December 31, 1996. section s. The Franchise Authority confirms that (a) the Franchise was properly granted, (b) the Franchise is currently in full force and effect and will expire on June 30, 1996, and, pursuant to the extension granted in section 4 of this Ordinance, will expire on December 31, 1996, (c) the Franchise supersedes all other agreements between the parties, (d) the Franchise represents the entire understanding of the parties, and (e) Franchisee is materially in compliance with the provisions of the Franchise and there exists no fact or circumstance known to the Franchise Authority which constitutes or which, with the passage of time or the giving of notice or both, would constitute a material default or breach under the Franchise. Section 6. TCI may transfer the Franchise or control related thereto to any entity controlling, controlled by or under common control with TCI.