Laserfiche WebLink
• <br />Section 4. MediaOne or MediaOne Affiliate may transfer the Franchise or control related thereto <br />to any MediaOne Affiliate upon notice to Franchise Authority. <br />Section 5. The Franchise Authority hereby consents to and approves the assignment, mortgage, <br />pledge, or other encumbrance, if any, of the Franchise, the System, or assets relating thereto, as <br />collateral for a loan. <br />Section 6. The Franchise Authority releases Franchisee, effective upon the closing date of the <br />Transactions, from all obligations and liabilities under the Franchise that accrue on and after such <br />closing date; provided that, effective upon such closing date, MediaOne or MediaOne Affiliate <br />shall be responsible for any obligations and liabilities under the Franchise that accrue on and <br />after such closing date of the Transactions. <br />Section 7. This Resolution shall have the force of a continuing agreement with Franchisee and <br />MediaOne, and Franchise Authority shall not amend or otherwise alter this Resolution without <br />the consent of Franchisee and MediaOne. <br />Section 8. This Resolution shall be deemed effective upon the closing of the Transactions. <br />Approval of this transfer is contingent upon receipt of items specified in the <br />Frandi se, such as certificates of ; nsmainne and a perfa marme bad, within 30 <br />days of the transaction closing between AnT/2CI and MediaOne. <br />The Resolution was moved for adoption by Commissioner Adams <br />and the motion was seconded by Commissioner Ginn, and upon being <br />put to a vote, the vote was as follows: <br />Commissioner <br />Commissioner <br />Commissioner <br />Commissioner <br />Commissioner <br />Kenneth R. Macht, Chairman <br />Fran B. Adams, Vice Chairman <br />John W. Tippin <br />Caroline D. Ginn <br />Ruth Stanbridge r -- <br />Aye <br />Aye <br />Aye <br />Aye <br />Aye <br />PASSED, ADOPTED AND APPROVED this _J_2_day of may, 1999. <br />By: <br />nnet R, acht, Chairman <br />ATTEST: <br />Clerk <br />•ss**s•#srssss• <br />I, the undersigned, being the duly appointed, qualified and acting Clerk of the County of <br />Indian River, Florida, hereby certify that the foregoing Resolution No. _ is a true, correct and <br />accurate copy as duly and lawfully passed and adopted by the governing body of the County of <br />Indian River, Florida, on the _ day of .199 <br />JANUARY 19, 1999 <br />Clerk <br />• <br />-43- BOOK 108 PAGE A127 <br />