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10-27-14-R
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10-27-14-R
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<br /> 4 <br />Transaction, subject to the terms of the Franchise Extension Agreement. <br /> <br />1.10 Nothing in this Resolution amends or alters the Franchise Documents or any <br />requirements therein in any way, and all provisions of the Franchise Documents remain <br />in full force and effect and are enforceable in accordance with their terms and with <br />applicable law. <br /> <br />1.11 The Proposed Transaction shall not permit GreatLand and Franchisee to take any position <br />or exercise any right with respect to the Franchise Documents and the relationship <br />thereby established with the Member Cities and the Commission that could not have been <br />exercised prior to the Proposed Transaction. <br /> <br />1.12 GreatLand assures that it will cause to be made available adequate financial resources to <br />allow Franchisee to meet its current obligations under the Franchise Documents and <br />enable Franchisee to maintain through 2015 the current operational and customer service <br />levels taken as a whole. <br /> <br />1.13 The Commission is not waiving any rights it may have to require franchise fee payments <br />on present and future services delivered by GreatLand or its subsidiaries and affiliates via <br />the cable system; <br /> <br />1.14 The Commission is not waiving any right it may have related to any net neutrality, open <br />access, and information services issues; <br /> <br />1.15 Receipt of any and all state and federal approvals and authorizations; <br /> <br />1.16 Actual closing of the Proposed Transaction consistent with the transfer application; and <br /> <br /> Section 2. If any of the conditions or requirements specified in this Resolution are not <br />satisfied, then the City’s recommended consent to, and approval of, the Transfer Application and <br />Proposed Transaction is hereby DENIED and void as of the date hereof. <br /> <br /> Section 3. Franchisee, GreatLand, or a subsidiary shall reimburse the Commission in <br />accordance with § 10.5(e) of the Franchise Ordinances in an amount not to exceed $15,000. <br />GreatLand and its subsidiaries shall not assert its right to claim that the reimbursement made <br />under this Resolution is a franchise fee for purposes of 47 U.S.C. § 542, nor shall it be offset <br />against or deducted from franchise fee payments made under the Franchise. <br /> <br /> Section 4. If any of the written representations made to the Commission in the Transfer <br />Application proceeding by (i) Comcast of Minnesota, Inc., (ii) Comcast or (iii) GreatLand, (iv) <br />any subsidiary or representative of the foregoing prove to be materially incomplete, untrue or <br />inaccurate in any respect, it shall be deemed a material breach of the Franchise Documents and <br />applicable law, including, without limitation, revocation or termination of the Franchises. <br /> <br /> Section 5. This Resolution shall not be construed to grant or imply the City’s consent to <br />any other transfer or assignment of the Franchises or any other transaction that may require the
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