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reasonable service in light of the community's needs, or any failure to comply with the <br /> terms and conditions of the Franchise Documents, or with applicable law, except as set <br /> forth in the Franchise Settlement Agreement. <br /> 1.4 Subject to the Franchise Settlement Agreement, the NMTC and the City waive none of <br /> their rights with respect to the Franchisee's compliance with the terms, conditions, <br /> requirements and obligations set forth in the Franchise Documents and in applicable law. <br /> The City's approval of the Transfer Application shall in no way be deemed a <br /> representation by the City or the NMTC that the Franchisee is in compliance with all of <br /> its obligations under the Franchise Documents and applicable law. <br /> 1.5 After the Proposed Transaction, GreatLand and Franchisee will be bound by all the <br /> commitments, duties, and obligations, present and continuing, embodied in the Franchise <br /> Documents and applicable law. The Proposed Transaction will have no effect on these <br /> obligations. <br /> 1.6 GreatLand shall provide an executed written certification in the form attached hereto <br /> within thirty (30) days after consummation of the Proposed Transaction, guarantying the <br /> full performance of the Franchisee. GreatLand shall provide the NMTC and the City <br /> with written notification that the Proposed Transaction closed within ten (10) days after <br /> the closing; <br /> 1.7 GreatLand will comply with any and all conditions or requirements applicable to <br /> GreatLand set forth in all approvals granted by federal agencies with respect to the <br /> Proposed Transaction and Transfer Application (including any conditions with respect to <br /> programming agreements), such conditions or requirements to be exclusively enforced at <br /> the federal level; <br /> 1.8 GreatLand shall provide a written guarantee in the form attached hereto within thirty(30) <br /> days of the effective date of this Resolution specifying that subscriber rates and charges <br /> in the City will not increase as a result of the costs of the Proposed Transaction; <br /> 1.9 After the Proposed Transaction is consummated, GreatLand and Franchisee will continue <br /> to be responsible for all past acts and omissions, known and unknown, under the <br /> Franchise Documents and applicable law for all purposes, including (but not limited to) <br /> Franchise renewal to the same extent and in the same manner as before the Proposed <br /> Transaction, subject to the terms of the Franchise Settlement Agreement. <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 /> 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 NMTC and the City that could not have been exercised prior <br /> 3 <br />