Common use of Competitive Equity Clause in Contracts

Competitive Equity. (a) Comcast acknowledges and agrees that the Borough reserves the right to grant one or more additional franchises to construct, operate, and maintain a Cable System within the Borough. (b) The Franchise granted to Comcast is non-exclusive; however, if the Borough grants a subsequent franchise or other authorization to provide similar wired video services, that, when taken as a whole upon consideration of all of its material obligations, is more favorable or less burdensome to the subsequent provider than this Agreement is to Comcast, then Comcast may request an amendment to this Agreement to provide Comcast with competitive equity. If, when taken as a whole upon consideration of all of its material obligations, the subsequent Franchise is more favorable or less burdensome, then the Borough and Comcast shall enter into good faith negotiations in order to modify this Agreement to the mutual satisfaction of both parties to provide Comcast with such competitive equity. (c) In the event an application for a new Franchise for Cable Service is submitted to the Borough proposing to serve Subscribers within the Borough, then the Borough shall notify Comcast in writing of the submission of the application.

Competitive Equity. (a) Comcast acknowledges and agrees that the Borough Township reserves the right to grant one or more additional franchises to construct, operate, and maintain a Cable System within the BoroughTownship. (b) The Franchise granted to Comcast is non-exclusive; however, if the Borough Township grants a subsequent franchise or other authorization to provide similar wired video services, that, when taken as a whole upon consideration of all of its material obligations, is more favorable or less burdensome to the subsequent provider than this Agreement is to Comcast, then Comcast may request an amendment to this Agreement to provide Comcast with competitive equity. If, when taken as a whole upon consideration of all of its material obligations, the subsequent Franchise is more favorable or less burdensome, then the Borough Township and Comcast shall enter into good faith negotiations in order to modify this Agreement to the mutual satisfaction of both parties to provide Comcast with such competitive equity. (c) In the event an application for a new Franchise for Cable Service is submitted to the Borough Township proposing to serve Subscribers within the BoroughTownship, then the Borough Township shall notify Comcast in writing of the submission of the application.

Competitive Equity. (a) Comcast acknowledges and agrees that the Borough Township reserves the right to grant one or more additional franchises to construct, operate, and maintain a Cable System within the BoroughTownship. (b) The Franchise granted to Comcast is non-exclusive; however, if the Borough Township grants a subsequent franchise or other authorization to provide similar wired video services, that, when taken as a whole upon consideration of all of its material obligations, is more favorable or less burdensome to the subsequent provider than this Agreement is to Comcast, then Comcast may request an amendment to this Agreement to provide Comcast with competitive equity. If, when taken as a whole upon consideration of all of its material obligations, the subsequent Franchise is more favorable or less burdensome, then the Borough Township and Comcast shall enter into good faith negotiations in order to modify this Agreement to the mutual satisfaction of both parties to provide Comcast with such competitive equity. (c) In the event an application for a new Franchise for Cable Service or other authorization to provide similar wired video services is submitted to the Borough Township proposing to serve Subscribers within the BoroughTownship, then the Borough Township shall notify Comcast in writing of the submission of the application.

Competitive Equity. (a) Comcast acknowledges and agrees that the Borough Town reserves the right to grant one or more additional franchises Franchises to construct, operate, and maintain a Cable System within the BoroughTown. (b) The Franchise granted to Comcast is non-exclusive; however, if the Borough Town grants a subsequent franchise franchise, or other authorization to provide similar wired video services, that, when taken as a whole upon consideration of all of its material obligations, is more favorable or less burdensome to the subsequent provider than this Agreement is to Comcast, then Comcast may request an amendment to this Agreement to provide Comcast with competitive equity. If, when taken as a whole upon consideration of all of its material obligations, the subsequent Franchise is more favorable or less burdensome, then the Borough Town and Comcast shall enter into good faith negotiations in order to modify this Agreement to the mutual satisfaction of both parties to provide Comcast with such competitive equity. (c) In the event an application for a new Franchise for Cable Service Service, or other authorization to provide similar wired video services, is submitted to the Borough Town proposing to serve Subscribers within the BoroughTown, then the Borough Town shall timely notify Comcast in writing of the submission of the application.

Competitive Equity. (a) Comcast acknowledges and agrees that the Borough reserves the right to grant one or more additional franchises to construct, operate, and maintain a Cable System within the Borough. (b) The Franchise granted to Comcast is non-exclusive; however, if the Borough grants a subsequent franchise or other authorization to provide similar wired video services, that, when taken as a whole upon consideration of all of its material obligations, is more favorable or less burdensome to the subsequent provider than this Agreement is to Comcast, then Comcast may request an amendment to this Agreement to provide Comcast with competitive equity. If, when taken as a whole upon consideration of all of its material obligations, the subsequent Franchise is more favorable or less burdensome, then the Borough and Comcast shall enter into good faith negotiations in order to modify this Agreement to the mutual satisfaction of both parties to provide Comcast with such competitive equity. (c) In the event an application for a new Franchise for Cable Service or other authorization to provide similar wired video services is submitted to the Borough proposing to serve Subscribers within the Borough, then the Borough shall notify Comcast in writing of the submission of the application.