Common use of ---EFFECT OF UNAUTHORIZED TRANSFER ACTION Clause in Contracts

---EFFECT OF UNAUTHORIZED TRANSFER ACTION. (a) Any transfer of the Cable System without complying with Section 2.6 above shall be null and void, and shall be deemed a material breach of the Renewal License. (b) If the Issuing Authority denies its consent to any such action and a transfer has nevertheless been effected, the Issuing Authority may revoke and terminate the Renewal License. (c) The grant or waiver of any one or more of such consents shall not render unnecessary any subsequent consent or consents, nor shall the grant of any such consent constitute a waiver of any other rights of the Town.

Appears in 2 contracts

Sources: Cable Television Renewal License, Cable Television Renewal License

---EFFECT OF UNAUTHORIZED TRANSFER ACTION. (a) Any transfer of the Cable System without complying with Section 2.6 above supra shall be null and void, and shall be deemed a material breach of the this Renewal License. (b) If the Issuing Authority denies its consent to any such action and a transfer has nevertheless been effected, the Issuing Authority may revoke and terminate the this Renewal License. (c) The grant or waiver of any one or more of such consents shall not render unnecessary any subsequent consent or consents, nor shall the grant of any such consent constitute a waiver of any other rights of the Town.

Appears in 2 contracts

Sources: Cable Television Renewal License, Cable Television Renewal License

---EFFECT OF UNAUTHORIZED TRANSFER ACTION. (a) Any transfer of the Cable System without complying with Section 2.6 above shall be null and void, and shall be deemed a material breach of the Renewal Final License. (b) If the Issuing Authority denies its consent to any such action and a transfer has nevertheless been effected, the Issuing Authority may revoke and terminate the Renewal Final License. (c) The grant or waiver of any one or more of such consents shall not render unnecessary any subsequent consent or consents, nor shall the grant of any such consent constitute a waiver of any other rights of the Town.

Appears in 2 contracts

Sources: Cable Television License, Cable Television License

---EFFECT OF UNAUTHORIZED TRANSFER ACTION. (a) Any transfer of the Cable System without complying with Section 2.6 above shall be null and void, and shall be deemed a material breach of the this Renewal License. (b) If the Issuing Authority denies its consent to any such action and a transfer has nevertheless been effected, the Issuing Authority may revoke and terminate the Renewal License. (c) The grant or waiver of any one or more of such consents shall not render unnecessary any subsequent consent or consents, nor shall the grant of any such consent constitute a waiver of any other rights of the Town.

Appears in 1 contract

Sources: Cable Television Renewal License