2002 FEBRUARY - Laserfiche WebLink

6.52.150 setting forth in detail the exact nature of the work completed and the supplies used in such work. The grantee shall pay to the grantor the reasonable costs for such work no later than thirty (30) days after receipt of the itemized work order. C. Extended Operation And Continu- ity Of Services: Upon expiration or revocation of the franchise, the grantor shall have the discretion to permit grantee to continue to operate the cable system for an extended period of time. Grantee shall continue to operate the system under the terms and conditions of this chapter and the franchise and to provide the regular subscriber service and any and all of the cable services that may be provided at that time. It shall be the right of all subscribers to continue to receive all available cable services provided that financial and other obligations to grantee are hon- ored. The grantee shall use reasonable efforts to provide continuous, uninter- rupted service to its subscribers, includ- ing operation of the system during transition periods following franchise expiration or termination. D. Receivership And Foreclosure: 1. At the option of the grantor and subject to applicable law, a franchise granted hereunder may be revoked one hundred twenty (120) days after ap- pointment of a receiver(s) or trustee(s) to take over and conduct the business of grantee, whether in a receivership, reorganization, bankruptcy or other action or proceeding, unless: a. The receivership or trusteeship shall have been vacated within said one hundred twenty (120) days; or b. Such receivers or trustees within said one hundred twenty (120) days shall have remedied all the defaults under the franchise or provided a plan for the remedy of such defaults which is satisfactory to the grantor; or c. Such receivers or trustees shall, within said one hundred twenty (120) days, have executed an agreement duly approved by the court having jurisdic- tion whereby such receivers or trustees assume and agree to be bound by each and every term, provision and limita- tion of the franchise. 2. In the case of a foreclosure or other judicial sale of the cable system, in whole or in part, the grantor may serve notice of revocation upon grantee and the successful bidder at such sale, and all rights and privileges of the grantee hereunder shall be revoked thirty (30) days after service of such notice, unless: a. A bona fide transfer request has been submitted by grantee for grantor review; or b. Grantor shall have approved the transfer of the franchise, in the manner provided by law; and c. The successful bidder shall have covenanted and agreed with grantor to assume and be bound by all terms and conditions of the franchise. (Ord. 1829 § 2, 2001) (Pleasanton February 2002) 192-26