Limited Resale Restriction. Schurz covenants that it will refrain from selling the assets of the Telecom System or a controlling equity interest in Buyer to any entity which is a then existing provider of communications services in the Burlington, Vermont market, if after such transaction that entity’s market share would exceed 75% of either the Burlington residential or commercial video or internet service market, without the written consent of the City and the approval of the PUC. The parties hereto jointly agree to propose and support making the provisions of this Section 8.07 a condition of the PUC’s approval of Buyer’s new CPGs.
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Limited Resale Restriction. Schurz covenants that it will refrain from selling the assets of the Telecom System or a controlling equity interest in Buyer to any entity which is a then existing provider of communications services in the Burlington, Vermont market, if after such transaction that entity’s market share would exceed 75% of either the Burlington residential or commercial video or internet service market, without the written consent of the City and the approval of the PUC. The parties hereto jointly agree to propose and support making the provisions of this Section 8.07 a condition of the PUC’s approval of BuyerXxxxx’s new CPGs.
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