Common use of Competitive Equity Clause in Contracts

Competitive Equity. (a) Comcast acknowledges and agrees that the Township reserves the right to grant one or more additional franchises to construct, operate, and maintain a Cable System within the Township. (b) The Franchise granted to Comcast is non-exclusive; however, if the Township grants a subsequent franchise or other authorization to provide similar wired video services, that, when taken as a whole upon consideration of all of its material obligations, is more favorable or less burdensome to the subsequent provider than this Agreement is to Comcast, then Comcast may request an amendment to this Agreement to provide Comcast with competitive equity. If, when taken as a whole upon consideration of all of its material obligations, the subsequent Franchise is more favorable or less burdensome, then the Township and Comcast shall enter into good faith negotiations in order to modify this Agreement to the mutual satisfaction of both parties to provide Comcast with such competitive equity. (c) In the event an application for a new Franchise for Cable Service is submitted to the Township proposing to serve Subscribers within the Township, then the Township shall notify Comcast in writing of the submission of the application.

Competitive Equity. (a) Comcast acknowledges and agrees that the Township Borough reserves the right to grant one or more additional franchises to construct, operate, and maintain a Cable System within the TownshipBorough. (b) The Franchise granted to Comcast is non-exclusive; however, if the Township Borough grants a subsequent franchise or other authorization to provide similar wired video services, that, when taken as a whole upon consideration of all of its material obligations, is more favorable or less burdensome to the subsequent provider than this Agreement is to Comcast, then Comcast may request an amendment to this Agreement to provide Comcast with competitive equity. If, when taken as a whole upon consideration of all of its material obligations, the subsequent Franchise is more favorable or less burdensome, then the Township Borough and Comcast shall enter into good faith negotiations in order to modify this Agreement to the mutual satisfaction of both parties to provide Comcast with such competitive equity. (c) In the event an application for a new Franchise for Cable Service is submitted to the Township Borough proposing to serve Subscribers within the TownshipBorough, then the Township Borough shall notify Comcast in writing of the submission of the application.

Competitive Equity. (a) Comcast acknowledges and agrees that the Township reserves the right to grant one or more additional franchises to construct, operate, and maintain a Cable System within the Township. (b) The Franchise granted to Comcast is non-exclusive; however, if the Township Township grants a subsequent franchise or other authorization to provide similar wired video services, that, when taken as a whole upon consideration of all of its material obligations, is more favorable or less burdensome to the subsequent provider than this Agreement is to Comcast, then Comcast may request an amendment to this Agreement to provide Comcast with competitive equity. If, when taken as a whole upon consideration of all of its material obligations, the subsequent Franchise is more favorable or less burdensome, then the Township and Comcast shall enter into good faith negotiations in order to modify this Agreement to the mutual satisfaction of both parties to provide Comcast with such competitive equity. (c) In the event an application for a new Franchise for Cable Service or other authorization to provide similar wired video services is submitted to the Township proposing to serve Subscribers within the Township, then the Township shall notify Comcast in writing of the submission of the application.

Competitive Equity. (a) Comcast acknowledges and agrees that the Township Town reserves the right to grant one or more additional franchises Franchises to construct, operate, and maintain a Cable System within the TownshipTown. (b) The Franchise granted to Comcast is non-exclusive; however, if the Township Town grants a subsequent franchise franchise, or other authorization to provide similar wired video services, that, when taken as a whole upon consideration of all of its material obligations, is more favorable or less burdensome to the subsequent provider than this Agreement is to Comcast, then Comcast may request an amendment to this Agreement to provide Comcast with competitive equity. If, when taken as a whole upon consideration of all of its material obligations, the subsequent Franchise is more favorable or less burdensome, then the Township Town and Comcast shall enter into good faith negotiations in order to modify this Agreement to the mutual satisfaction of both parties to provide Comcast with such competitive equity. (c) In the event an application for a new Franchise for Cable Service Service, or other authorization to provide similar wired video services, is submitted to the Township Town proposing to serve Subscribers within the TownshipTown, then the Township Town shall timely notify Comcast in writing of the submission of the application.

Competitive Equity. (a) Comcast acknowledges and agrees that the Township Borough reserves the right to grant one or more additional franchises to construct, operate, and maintain a Cable System within the TownshipBorough. (b) The Franchise granted to Comcast is non-exclusive; however, if the Township Borough grants a subsequent franchise or other authorization to provide similar wired video services, that, when taken as a whole upon consideration of all of its material obligations, is more favorable or less burdensome to the subsequent provider than this Agreement is to Comcast, then Comcast may request an amendment to this Agreement to provide Comcast with competitive equity. If, when taken as a whole upon consideration of all of its material obligations, the subsequent Franchise is more favorable or less burdensome, then the Township Borough and Comcast shall enter into good faith negotiations in order to modify this Agreement to the mutual satisfaction of both parties to provide Comcast with such competitive equity. (c) In the event an application for a new Franchise for Cable Service or other authorization to provide similar wired video services is submitted to the Township Borough proposing to serve Subscribers within the TownshipBorough, then the Township Borough shall notify Comcast in writing of the submission of the application.