Common use of Nature of Franchise Clause in Contracts

Nature of Franchise. (a) City hereby grants Company, subject to the terms and conditions of this Agreement, a nonexclusive franchise providing the right and consent to install, operate, repair, maintain, remove and replace cable, wire, Fiber or other transmission medium that may be used lieu of cable, wire or Fiber for the same purposes and related equipment and facilities on, over and under the Right-of-Way of City in order to provide Telecommunications Services which originate and/or terminate in or transit the Franchise Area.

Nature of Franchise. (a) The City hereby grants the Company, subject to the terms and conditions of this Agreement, a nonexclusive franchise providing the right and consent to install, operate, repair, maintain, remove and replace cable, wire, Fiber or other transmission medium that may be used in lieu of cable, wire or Fiber for the same purposes and related equipment and facilities on, over and under the Right-of-Way Inalienable Property of the City in order to provide Telecommunications Services which originate and/or terminate in or transit the Franchise Area.