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

---EFFECT OF UNAUTHORIZED TRANSFER ACTION. (a) The taking of any action in violation of Section 3.1 herein shall be null and void, and shall be deemed a material breach of this Franchise. (b) If the Franchising Authority denies its consent to any such action and a Transfer has nevertheless occurred, the Franchising Authority may revoke and terminate this Franchise. (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 Franchise Agreement, Cable Television Franchise Agreement