Extension of Term by Grantor. Notwithstanding any other provision of this Franchise Agreement, in the event of expiration and final denial of any renewal application including any appeal, termination or revocation of this Franchise Agreement, Grantor may nevertheless extend the term hereof beyond such revocation, termination or expiration date for such period of time, not to exceed three years, as Grantor may specify, by giving Company written notice of the extension, and during any such extension of the term Grantor may terminate this Franchise Agreement, effective at any time not less than one hundred twenty (120) days from the date of such notice. In the event of any such extension, Company shall (i) continue to operate its Cable System in accordance with all the provisions of this Franchise Agreement, and (ii) cooperate to the fullest possible extent with any other Person to whom a franchise agreement is awarded; provided, that any such new cable operator shall reimburse Company, within thirty days after receipt of billing therefor, for its reasonable, direct, actual, out-of-pocket expenses incurred by Company in responding to requests by such new cable operator for cooperation pursuant hereto. An extension of term exercised by Grantor pursuant to this Section 3.2 is not, and shall not be considered to be, a new franchise agreement or a renewal of this Franchise Agreement, and no such extension of term shall give Company any additional right of renewal or any right to initiate or reinitiate renewal proceedings.
