Chapter 5.29
FALCON/TCI CABLE COMMUNICATIONS FRANCHISE

Sections:

5.29.010  Franchise transfer approved.

5.29.010 Franchise transfer approved.

(a)  The franchise authority consents to and approves the TCI restructuring and the transfer of the system and the franchise to the Falcon/TCI Partnership, to the extent that such consents are required by the terms of the franchise and applicable law, and the assumption by the Falcon/TCI Partnership of the obligations of TCI under the franchise, subject to applicable law.

(b)  The franchise authority consents to and approves the assignment, mortgage, pledge or other encumbrance, if any, of the franchise, system or assets relating thereto, or of the interests in the permitted holder thereof, as collateral for a loan.

(c)  The resolution codified in this chapter shall be deemed effective upon the closings of the transactions described above. Effective as the date hereof, the resolution codified in this chapter shall have the force of a continuing agreement with TCI, FHGLP and the Falcon/TCI Partnership and shall not be amended or otherwise altered without the consent of TCI, FHGLP and the Falcon/TCI Partnership. (Res. 98-73 §§ 1—3, 6/22/98).