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<br />WHEREAS, Cebridge agrees that, upon the closing of the Transaction, it shall be the
<br />successor entity to the incumbent cable service provider, the Grantee, pursuant to Texas law,
<br />including, without limitation, Chapter 66, Texas Utilities Code, [Sec. 66.004 (a) and (c)] as adopted
<br />by S.B. 5, 79th Texas Legislature, 2nd Called Session, and as such will be operating under the
<br />Franchise being transferred from the current incumbent cable provider in the City and will be the
<br />incumbent cable provider in the City under applicable law as if it were the incumbent cable provider
<br />in the City under the Franchise as of September 1, 2005 and had at all times been the incumbent
<br />cable provider in the City thereunder since that date regardless of the actual date of the Franchise
<br />transfer; and
<br />
<br />WHEREAS, Cebridge agrees to abide by all the terms, conditions, standards, duties,
<br />responsibilities, and obligations of the Grantee under the Franchise upon the closing of the
<br />Transaction; and
<br />
<br />WHEREAS, Cebridge has indicated its agreement with the following resolution and their
<br />intention to accept; and
<br />
<br />WHEREAS, the City is willing to consent to the proposed Transfer as detailed in the FCC
<br />Form 394, pursuant and subject to the conditions set forth herein; NOW, THEREFORE,
<br />
<br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS,
<br />TEXAS:
<br />
<br />Section 1. That the findings set out in the preamble to this resolution are hereby in all things
<br />approved.
<br />
<br />Section 2. That the City, at the request of Grantee and Cebridge, has consented to the
<br />Transfer, effective immediately upon the Closing on the Agreement, and subject to:
<br />
<br />1. Cebridge's agreement that, upon the closing of the Transaction, it shall be the
<br />successor entity to the incumbent cable service provider, the Grantee, pursuant to
<br />Texas law, including, without limitation, Chapter 66, Texas Utilities Code, [Sec.
<br />66.004 (a) and (c)] as adopted by S.B. 5, 79th Texas Legislature, 2nd Called Session,
<br />and as such will be operating under the Franchise being transferred from the current
<br />incumbent cable provider in the City and will be the incumbent cable provider in the
<br />City under applicable law as if it were the incumbent cable provider in the City under
<br />the Franchise as of September 1, 2005 and had at all times been the incumbent cable
<br />provider in the City thereunder since that date regardless of the actual date of the
<br />Franchise transfer.
<br />
<br />2. Cebridge's agreement to abide by all the terms, conditions, standards, duties,
<br />responsibilities, and obligations of the Grantee under the Franchise, the Paris City
<br />Charter, the Paris Code of Ordinances and the Franchise Ordinance, upon the closing
<br />of the Transaction.
<br />
<br />.r
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