Common use of Transfer of Ownership or Control Clause in Contracts

Transfer of Ownership or Control. A. The Cable System and this Agreement shall not be sold, assigned (excluding granting a security interest therein), transferred, leased, or disposed of, either in whole or in part, either by involuntary sale or by voluntary sale, merger, partnership, joint venture, consolidation, nor shall title thereto, either legal or equitable, or any right, interest, or property therein pass to or vest in any person or entity, without the prior written consent of the City. B. In this Section, the following words have the meanings indicated:

Appears in 2 contracts

Sources: Cable Franchise Agreement, Cable Franchise Agreement