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TRANSFER AGREEMENT
THIS TRANSFER AGREEMENT (“Agreement”) is made this ____
day of July, 2000, by and between (a) Montgomery County, Maryland, a
charter county organized under Maryland law (the “County”), (b) Prime
Communications-Potomac, LLC, a Delaware limited liability company (the
“Franchisee”), (c) Comcast Cable of Maryland, Inc., a Delaware corporation
(“Comcast Maryland”), (d) Prime Communications, LLC, a Delaware limited
liability company (“Prime”), and (e) Comcast Prime, LLC, a Delaware
limited liability company (“Comcast Prime”).
RECITALS
A.The County
has granted the Franchisee a nonexclusive cable television franchise
(the “Franchise”) for a term of fifteen (15) years pursuant to Montgomery
County Code, Chapter 8A (the “Cable Law”), as amended; Article 25A,
Section 5(B) of the Annotated Code of Maryland, 1957, as amended; the
franchise agreement between the Franchisee and the County effective
July 1, 1998 (the “Franchise Agreement”); and the Settlement Agreement
among the County, the Franchisee, and SBC Media Ventures, L.P., dated
June 10, 1998 (the “Settlement Agreement”).
B.The Franchisee
is a wholly owned subsidiary of Prime Potomac-Performance LLC (“Prime
Performance”). Prime Performance is a wholly owned subsidiary of Prime
Communications Holdings, LLC (“Prime Holdings”). Prime Holdings is a
wholly owned subsidiary of Prime.
C.Comcast
Prime and Comcast Maryland are each wholly owned subsidiaries of Comcast
Cable Communications, Inc. (“Comcast Cable”). Comcast Cable and Comcast
Funding, Inc. (“Comcast Funding”) are each wholly owned subsidiaries
of Comcast Corporation.
D.Prime
and Comcast Funding entered into a Loan Agreement dated April 5, 1999,
and Prime, Comcast Funding and Comcast Prime entered into Amendment
No. 1 to the Loan Agreement dated November 9, 1999, pursuant to which
Comcast Prime will acquire all of the equity interests in Prime. Immediately
thereafter Comcast Maryland will acquire all of the equity interests
in Comcast Prime (the “Proposed Transaction”).
E.The Proposed
Transaction will result in a change of control of the Franchisee.
F.The Franchisee
has filed an application on FCC Form 394 (the “Transfer Application”)
requesting that the County approve the change of control of the Franchisee
(the “Transfer”).
G.The County
has legal authority under Section 3 of the Franchise Agreement, Section
8A-23 of the Cable Law, and applicable state and federal law to approve
or disapprove the Transfer.
H.The County’s
approval of the Transfer is appropriate if (i) the Franchisee agrees
to continue to be bound by, and if Comcast Prime and Comcast Maryland
each agree to cause the Franchisee to comply with, all of the provisions,
terms, conditions and limitations prescribed in the Franchise Agreement,
the Settlement Agreement, the Cable Law, this Agreement, and all applicable
federal, state and local laws, (ii) the County, after review of the
Franchisee’s performance under the Franchise, the quality of service
during the Franchise term to date, and the financial, technical, legal
and character qualifications of Comcast Prime and Comcast Maryland,
determines that the plans of Comcast Prime and Comcast Maryland for
constructing, operating and maintaining the Cable System are adequate,
and (iii) the County determines that the Transfer is necessary and in
the best interest of the County and its residents.
I.The County
Executive has concluded that Comcast Prime and Comcast Maryland each
possesses the technical, financial, legal, and character qualifications
required of a transferee pursuant to the Franchise Agreement, the Settlement
Agreement, and the Cable Law, and, provided that the Franchisee, Prime,
Comcast Prime, and Comcast Maryland agree to address certain risks to
the County by complying with the terms of this Agreement, that the Transfer
is necessary and in the best interest of the County and its residents.
J.County approval of the Transfer is
granted in reliance on the following representations by Comcast Maryland:
(i) Comcast Maryland has no intention to enter into any exclusive
programming agreement, as described in County Code Section 8A‑15(c)(1).
(ii) Because Comcast Maryland is upgrading the County cable system
to current industry standards, Comcast Maryland believes that this system
will be able to accommodate the cable industry technical solution for
multiple Internet Service Provider access without any further significant
construction on the outside plant.
(iii) Comcast Maryland has no intention to change the structure of
subscriber bills.
NOW, THEREFORE, in consideration of the County’s consent
to the Transfer, the promises and undertakings herein by the parties,
and other good and valuable consideration, the receipt and adequacy
of which are hereby acknowledged, and subject to the terms and conditions
of this Agreement, the parties agree as follows:
SECTION 1. DEFINITIONS
Except as otherwise provided herein, the definitions and
word usage set forth in the Franchise Agreement, the Settlement Agreement,
and the Cable Law are incorporated herein and shall apply in this Agreement.
SECTION 2. TRANSFER OF CONTROL
2.1In consideration
for the promises and performances of the Franchisee, Prime, Comcast
Prime, and Comcast Maryland, as expressed elsewhere in this Agreement,
including the Recitals, upon recommendation of the County Executive
and approval of the Montgomery County Council (the “County Council”),
the County hereby consents to the Transfer.
2.2The
County has negotiated this Agreement on behalf of the Participating
Municipalities in accordance with County-Municipal Agreements. This
Agreement, when approved by the County Council, shall be binding with
respect to the County, but shall not impose any obligation on the Franchisee,
Prime, Comcast Prime or Comcast Maryland with respect to any Participating
Municipality. Each of the Participating Municipalities may review this
Agreement and consent thereto by separate action, at which time the
Agreement shall be binding upon the Franchisee, Prime, Comcast Prime,
and Comcast Maryland with respect to such Participating Municipality.
2.3Each
party to this Agreement reserves all rights not expressly granted, waived
or conditioned in this Agreement.
2.4Neither
this Agreement, nor any other action or omission by the County at or
before the execution of this Agreement, shall be construed to grant
the County’s consent to any future transfer of the Franchise and/or
the System, and/or change in ownership and/or control of the Franchise
and/or the System, or to mean that the County’s consent to any future
transaction is not required.
2.5The
County waives none of its rights with respect to the Franchisee’s compliance
with the terms, conditions, requirements and obligations set forth in
the Franchise Agreement, the Settlement Agreement, or the Cable Law.
2.6At no
time will the Franchisee, Prime, Comcast Prime, Comcast Maryland, or
any of their respective affiliates or agents contend, either directly
or indirectly, that the County is barred, by reason of the Transfer,
from considering, or raising claims based on, the Franchisee’s current
or future failure to comply with the terms and conditions of the Franchise
Agreement, the Settlement Agreement, the Cable Law or other applicable
law. The County’s approval of the Transfer shall in no way be deemed
a representation by the County that the Franchisee is in compliance
with all of its obligations under the Franchise Agreement, the Settlement
Agreement, or the Cable Law.
2.7Any
consent given by the County to the Transfer is made without prejudice
to, or waiver of, the County’s right to fully investigate and consider
financial, technical, and legal qualifications and any other relevant
considerations during any future franchise renewal or transfer process.
2.8The
Franchisee, Prime, Comcast Prime, and Comcast Maryland acknowledge and
agree that neither this Agreement nor the County’s consent to the Transfer
shall affect or alter any claims the County may have against the Franchisee
or release the Franchisee from any liability whatsoever, including,
without limitation, known and unknown claims, any unresolved consumer
complaints; or any construction, facility or other requirements of the
Franchise Agreement, the Settlement Agreement or the Cable Law.
2.9The
Franchisee, Comcast Prime, and Comcast Maryland agree to reimburse the
County for all costs, including fees and expenses, actually and reasonably
incurred (including, without limitation, for attorneys and financial
and technical consultants) in its review of the Transfer Application,
including but not limited to the costs of negotiations, evaluating the
qualifications of Comcast Prime and Comcast Maryland, and preparing
this Agreement and related documentation. The County shall provide the
Franchisee with an accounting and invoices of these fees and expenses.
The amount of the application fee shall be credited against the County’s
fees and expenses. Payment to the County shall be delivered within thirty
(30) days of receipt of invoices, provided that no payment shall be
made to the County unless the County Council has approved this Agreement.
Such payments are in addition to any franchise fee, and such payments
shall not be treated as costs eligible for treatment as conditions of
the franchise in accordance with 47 CFR §76925. Failure to make timely payment of these costs and expenses, except
to the extent that they are the subject of legitimate dispute, shall
constitute a material violation of this Agreement.
2.10Any
consent given by the County to the Transfer is made notwithstanding
the provisions of Section 3(a)(1) and 3(b) of the Franchise Agreement
and in consideration of the promises and undertakings of each of the
parties hereunder.
SECTION 3. ACCEPTANCE OF FRANCHISE OBLIGATIONS
3.1The
Franchisee hereby accepts, acknowledges and agrees that, after the Transfer,
it shall continue to be bound by all the commitments, duties, and obligations,
past, present, continuing and future, embodied in the Franchise Agreement
(as amended by Section 5.4), the Settlement Agreement, and the Cable
Law, and that the Transfer shall have no effect on these obligations.
Comcast Prime and Comcast Maryland agree that they shall use best efforts
to cause the Franchisee to comply with all of the Franchisee’s commitments,
duties, and obligations, present, continuing and future, embodied in
the Franchise Agreement, the Settlement Agreement, and the Cable Law,
and that the Transfer shall have no effect on these obligations. In
addition:
3.1.1 The System Rebuild and the Institutional Network described
in Sections 6(d) and 7(h)(4)-(5) of the Franchise Agreement shall be
completed in accordance with the terms thereof, in a manner acceptable
to the County pursuant to Sections 6(j) and 7(h)(5)(E) of the Franchise
Agreement. The Franchisee shall use diligent, commercially reasonable
and good faith efforts to accelerate the completion of the System Rebuild
and the Institutional Network. The Franchisee, Prime, Comcast Prime,
and Comcast Maryland contemplate that, provided that the County Council
consents to the Transfer no later than May 18, 2000, completion of the
System Rebuild and the Institutional Network could be achieved several
months earlier than required under the Franchise Agreement.
3.1.2 The Franchisee shall, within 30 (thirty) days of the date
on which the Transfer is consummated, provide to the County an initial
written plan to achieve full compliance with each customer service standard
prescribed under Section 9 of the Franchise Agreement and Section 8A-14
of the Cable Law. Submission of this plan will not operate to waive
or cure any existing non-compliance.
3.1.3 The Franchisee shall cause a letter of credit (the “Replacement
Letter”) to be provided to the County containing substantially similar
terms as the letter of credit required by Section 5.2 of the Settlement
Agreement (the “Letter of Credit”). The Replacement Letter and its issuer
shall be subject to the County’s reasonable approval. Until the County
accepts the Replacement Letter and so notifies Prime, Prime shall maintain
the Letter of Credit in full force and effect.
3.1.4 The Franchisee shall maintain and enforce a policy, and
shall cause any entity affiliated with it to maintain and enforce a
policy, requiring all of their respective employees engaged in installation,
repair and other work in or on Subscriber premises, or in the Public
Rights-of-Way, to carry identification demonstrating that such person
is its employee. Similarly, the Franchisee shall maintain and enforce
a policy, and shall cause any entity affiliated with it to maintain
and enforce a policy, pursuant to which vehicles used by their respective
employees in connection with work performed in or on Subscriber premises,
or in the Public Rights-of-Way, must bear a sign that (i) identifies
the Franchisee, and (ii) provides a telephone number for submitting
complaints or inquiries to the Franchisee.
3.1.5 For so long as the Franchisee, or any entity affiliated
with the Franchisee, maintains a customer service call center in Charles
County or Prince George’s County, a customer service call center shall
be maintained in the County. Within 120 days after approval of the Transfer
by the County Council, the Franchisee shall have employed an additional
seventy (70) customer service representatives at the call center presently
operating in Silver Spring, bringing the total number of customer service
representatives serving the County to no less than one hundred thirty-five
(135), measured on the basis of full-time equivalent employees, all
of whom shall be primarily dedicated to serving Subscribers in the County.
3.1.6 Access Channel assignments should not be changed unless
there is good cause and the entity responsible for managing the Access
Channel consents to the change. Such consent to a channel assignment
change shall not be unreasonably withheld. Access channel assignments
should be the same throughout the System. If the Franchisee decides
to change the channel designations for Access Channels, it must provide
six months notice to the County prior to doing so, and shall reimburse
the County and/or PEG users for any costs incurred for purchasing or
modifying any equipment or for making logo changes necessitated by the
channel designation changes. Alternatively, the Franchisee may choose
to supply such equipment itself, provided such equipment is satisfactory
to the County or PEG users.
3.1.7 The Franchisee shall:
a.add backup communications links to
each call center serving the County;
b.implement a comprehensive training
program for all call center personnel serving the County;
c.increase the number of supervisors
in each call center serving the County to better support first-line
personnel;
d.establish procedures to handle customer
issues referred by County agencies, including establishing a special
telephone line;
e.improve tools, test sets, and equipment
to Comcast standards;
f.implement an ongoing preventative maintenance
program focused on improving network integrity and performance; and
g.implement a 5-point Upgrade Customer
Communication Plan that includes:
1.30-second commercials explaining upcoming
construction phases;
2.60-day advance letter to each customer;
3.10-day advance letter to each customer;
4.72 hours before construction, place
door hangers and sandwich boards in the construction area; and
5.post-upgrade information phone calls
and surveys to ensure quality.
3.2The
County reserves all of its rights with respect to the Franchisee’s future
compliance with the terms, conditions, requirements and obligations
set forth in the Franchise Agreement, the Settlement Agreement, and
the Cable Law. No delay or failure to enforce any provision of the Franchise
Agreement, the Settlement Agreement, and the Cable Law shall operate
against the County as an estoppel or waiver with respect to any future
violation of any such provision.
SECTION 4. NO EFFECT ON FRANCHISE REQUIREMENTS
4.1Nothing
in this Agreement amends or alters the Franchise Agreement (except as
specifically indicated in Section 5.4), the Settlement Agreement, the
Cable Law, or any requirements therein in any way and all provisions
of the Franchise Agreement and the Settlement Agreement remain in full
force and effect, enforceable in accordance with their terms and with
applicable law.
4.2Each
party to this Agreement, after consultation with its legal counsel as
to the facts surrounding this Agreement, concludes and agrees that (a)
none of the benefits received by the County in consideration of this
Agreement shall be deemed franchise requirements, (b) no amounts paid
pursuant to, or costs associated with or specified in, this Agreement
or the Proposed Transaction shall be passed through as an “external
cost,” itemized on subscriber bills, or, with respect to the payments
under Section 2.9 of this Agreement, for rate regulation purposes be
attributed to capital costs or operating expenses of the System, and
(c) no costs, payments, or other consideration provided pursuant to
this Agreement shall be construed to constitute a Franchise fee. Each
party to this Agreement hereby waives any current or future claim to
the contrary, agrees that it will not raise any claim or defense to
the contrary, in any forum, and acknowledges that the County would not
have approved the Transfer without this provision.
SECTION
5. ADDITIONAL CONDITIONS
5.1The parties expressly recognize that the Transfer is subject
to and requires the approval of the County Council in accordance with
County law. Such approval is a condition precedent to this Agreement.
The execution of this Agreement in no way binds the County Council to
approve the Transfer, and this Agreement will automatically become null
and void, if the County Council does not approve the Transfer.
5.2If the
Proposed Transaction does not close within one hundred twenty (120)
days after the date on which County Council approves the Transfer, or
if the Proposed Transaction closes during such one hundred twenty (120)
day period on terms that are materially and adversely different from
those disclosed to the County in writing prior to the date hereof, this
Agreement may be terminated at the option of any party by written notice
given within twenty (20) days of the end of such one hundred twenty
(120) day period. Within ten (10) days after the Proposed Transaction
closes, the Franchisee shall (a) notify the County in writing that such
closing has occurred and (b) certify to the County in writing whether
the Proposed Transaction has closed on terms materially and adversely
different from those disclosed to the County in writing prior to the
date hereof, such certification shall include, but not be limited to,
confirmation of the entities involved in the transfer of control of
the Franchisee and the ownership interests of each such entity. If the
Proposed Transaction closes on terms materially different from those
disclosed in writing to the County prior to the date hereof, and if
the County exercises its right to terminate this Agreement as described
above, the Franchisee, Prime, Comcast Prime, and Comcast Maryland shall
not contend, and hereby waive any and all claims that they may have,
that denial of the Transfer Application fails to satisfy the deadlines
established by applicable law including, without limitation, claims
based on, arising out of, or relating to 47 U.S.C. § 537, as amended.
5.3The
County’s consent to the Transfer is made, in part, in reliance upon
the representations and warranties made in this Agreement by the Franchisee,
Prime, Comcast Prime, and Comcast Maryland, and upon the documents and
information provided by each of these companies in connection with the
Proposed Transaction and the Transfer.
5.4The
Franchise Agreement shall be amended as follows:
5.4.1The
first sentence of Section 7(h)(5) shall be amended to read as follows:
“(5) Concurrent with the installation of fiber
optic capacity during the System Rebuild, in addition to commitments
in any other paragraph in this subsection, the Franchisee shall complete
construction of an Institutional Network at no cost to the County to
the locations listed in Exhibit B, as an extension of the County’s existing
FiberNet. The Franchisee shall cooperate with the County Council in
any review of the Franchisee’s obligations under the Franchise Agreement
regarding FiberNet and the Institutional Network.”
5.4.2 The first sentence before the colon in Section 11(d) shall
be amended to read as follows:
“(d) Special
Reports. Unless this requirement is waived in whole or in part by
the County, the Franchisee shall deliver the following reports to the
County (including, unless waived, a separate copy delivered to the County
Council):”
5.4.3Section
11(d) shall be amended by adding
a new paragraph (4) as follows:
“(4) The Franchisee must submit to the County
any additional information required to determine the Franchisee’s compliance
with each customer service standard in Section 9, including the raw
data required to calculate any standard that is measured as a periodic
average.”
5.4.4Section
11(f) shall be amended by adding
a new paragraph (1)(G) as follows:
“(G) All additional records of data necessary to
determine the Franchisee’s compliance with the customer service standards
in Section 9.”
5.4.5Section
11(j) shall be amended to read as
follows:
“(j) Waiver
of Reporting Requirements. The
County may, at its discretion after notice to the County Council, waive
in writing the requirement of any particular report specified in this
Section.”
5.4.6Section
14(g)(7) shall be amended to read
as follows:
“(7)(A)Beginning six months after the closing date of the sale of the
Franchise by Prime-Potomac, LLC, for a violation of any customer service
standard measured quarterly: $500
for the first violation; $5,000 for any violation within 18 months after
the first; and $10,000 for any violation within 18 months after the
second or any subsequent violation ($500, $1,000, and $2,500, respectively,
after the Franchisee has provided data demonstrating compliance with
each quarterly customer service standard for six consecutive quarters
following completion of the System Rebuild); and
“(B)For any other violation of a customer
service standard: $200 per violation;”
5.5 The Franchisee shall sponsor a pilot project generally as described
in the memorandum dated July 11, 2000, from Jaye Gamble to Councilmember
Marilyn J. Praisner (“Re: County Issues - Comcast Responses”), in at least
three locations in the County, to evaluate the effects of providing broadband
Internet access to low-income residents through community facilities.
The Franchisee and the County Council must agree on the project plan within
6 months after the Transfer.
5.6Prime agrees to pay liquidated damages to the County of $17,600.
The County shall credit this amount against the total liquidated damages
that the County may impose under section 14(g)(7) of the Franchise Agreement
for a violation of the customer service standards in section 9(c)(3)(A)
and (B), and (d)(1)-(6) of the Franchise Agreement that occurred between
July 1, 1998, and the closing date of the sale of the Franchise by Prime.
5.7 The Franchisee shall comply with the County’s written policies
governing the placement and appearance of pedestals, equipment covers,
and other above-ground cable equipment and facilities.
SECTION 6. REPRESENTATIONS AND WARRANTIES
6.1 The Franchisee, Prime, Comcast Prime, and Comcast Maryland each
represents and warrants that at the time of the execution of this Agreement:
(a) it is a corporation, limited liability company, or partnership duly
organized, validly existing and in good standing under the laws of the
jurisdiction in which it is organized; (b) the Franchise Agreement, the
Settlement Agreement, and the Cable Law and, assuming due execution hereof
by the other parties hereto and its approval by the County Council, this
Agreement constitutes legal, valid and binding obligations of each such
company enforceable in accordance with their respective terms; (c) the
execution and delivery of, and performance by each such company under
this Agreement, the Franchise Agreement, the Settlement Agreement, and
the Cable Law, where applicable, are within each such company’s power
and authority without the joinder or consent of any other party and have
been duly authorized by all requisite corporate or partnership action
on the part of each such company and are not in contravention of each
such company’s partnership agreement, charter, bylaws, and/or other organizational
documents; and (d) the execution and delivery of this Agreement does not
contravene, result in a breach of, or constitute a default under, any
contract or agreement to which either of them is a party or by which either
of them or any of their properties may be bound (nor would such execution
and delivery constitute such a default with the passage of time or the
giving of notice or both), and does not violate or contravene any law,
order, decree, rule, regulation or restriction to which either of them
is subject.
6.2The
Franchisee, Prime, Comcast Prime, and Comcast Maryland each represents
and warrants that the Transfer does not adversely affect the financial
position of the Franchisee, Prime, Comcast Prime, or Comcast Maryland,
as applicable.
6.3The
Franchisee, Prime, Comcast Prime, and Comcast Maryland each represents
and warrants that it understands that the Franchise is scheduled to
expire on June 30, 2013, unless renewed or extended. The County makes
no representation or warranty regarding renewal or extension of the
term of the Franchise.
6.4The
Franchisee, Prime, Comcast Prime, and Comcast Maryland agree to indemnify
and hold the County harmless against any actual and direct loss, claim,
damage, liability or expense (including, without limitation, reasonable
attorneys’ fees) caused by any representation or warranty made by the
Franchisee, Prime, Comcast Prime, or Comcast Maryland herein which proves
to be untrue or inaccurate in any material respect.
6.5The
Franchisee, Prime, Comcast Prime, and Comcast Maryland each represents
and warrants that, in consultation with its respective legal counsel
and other consultants, it has reviewed the terms and provisions of the
Franchise Agreement and the Settlement Agreement, understands and recognizes
the burdens and obligations of the Franchise Agreement and Settlement
Agreement.
6.6County
approval of the Transfer is granted in reliance on the following representations
by Comcast Maryland:
6.6.1The Franchisee will continue to specifically
identify each Montgomery County public, educational, and government
(PEG) channel in any on-screen program guide.
6.6.2In addition to any other data requirement
under the Franchise, the Franchisee will provide as-built engineering
drawings of the system in a form compatible with the County’s Geographic
Information System (GIS), as required by the Franchise.
6.6.3The Franchisee will provide free cable
modem equipment, service, and training to County schools and libraries,
as described in the June 19, 2000, letter from Jaye Gamble to Councilmember
Marilyn J. Praisner, and, if available in the County, will make additional
and higher-capacity services (such as Comcast Commercial Internet Service)
available to the County at the lowest cost extended (consistent with
any volume requirement that applied to any discount extended) to a public
school or library in any other Comcast cable franchise area.
SECTION 7. DISPUTES REGARDING THIS AGREEMENT
7.1Neither
the Franchisee, Prime, Comcast Prime, or Comcast Maryland, nor any of
their respective affiliates, nor the County, will take any action to
challenge any provision of this Agreement as contrary to the Cable Communications
Policy Act of 1984, 47 U.S.C. §§ 521 et seq., as amended and
in effect on the date hereof, or to FCC regulations as in effect on
the date hereof, nor will they participate with any other person or
entity in any such challenge.
7.2If any
provision of this Agreement is found to be unenforceable in a final
judicial or administrative proceeding, the parties shall enter into
good faith negotiations with the intent of reaching an agreement that
would place all parties to this Agreement, and cable system users and
Subscribers substantially in the same position as if this Agreement
were fully enforceable.
SECTION 8. RATES
8.1The
Franchisee, Prime, Comcast Prime, and Comcast Maryland represent and
warrant that the Transfer alone will not result in any increase in Subscriber
rates.
8.2The
Franchisee shall comply with all applicable federal laws in its establishment
of Subscriber rates.
SECTION 9. MISCELLANEOUS PROVISIONS
9.1Effective
Date. This Agreement shall be effective and binding upon the parties
once it has been signed by all signatories, subject to Section 5.1 above.
9.2Binding
Acceptance. This Agreement shall bind and benefit the parties hereto
and their respective heirs, beneficiaries, administrators, executors,
receivers, trustees, successors and assigns, and the promises and obligations
herein shall survive the expiration date hereof. Any purported assignment
of this Agreement is void without the express written consent of the
County.
9.3Voluntary
Agreement. This Agreement is freely and voluntarily given by each party,
without any duress or coercion, and after each party has consulted with
its counsel. Each party has carefully and completely read all of the
terms and provisions of this Agreement. Neither the Franchisee, Prime,
Comcast Prime, or Comcast Maryland, nor any of their respective affiliates,
nor the County, shall take any action to challenge any provision of
this Agreement; nor shall they participate with any other person or
entity in any such challenge.
9.4Severability.
If any term, condition, or provision of this Agreement shall, to any
extent, be held to be invalid, preempted, or unenforceable, the remainder
hereof shall be valid in all other respects and continue to be effective.
9.5Counterparts.
This Agreement may be executed in several counterparts, each of which
when so executed shall be deemed to be an original copy, and all of
which together shall constitute one agreement binding on all parties
hereto, notwithstanding that all parties shall not have signed the same
counterpart.
9.6Governing
Law. This Agreement shall be governed in all respects by the law of
the State of Maryland.
9.7Time
is of Essence. In determining whether a party has substantially complied
with this Agreement, the parties agree that time is of the essence.
9.8Captions
and References. The captions and headings of sections throughout this
Agreement are intended solely to facilitate reading and to reference
the sections and provisions of this Agreement. Such captions shall not
affect the meaning or interpretation of this Agreement.
AGREED TO THIS ___ DAY
OF JULY 2000.
[SIGNATURE
PAGE FOLLOWS]
SIGNATURE PAGE TO TRANSFER AGREEMENT
MONTGOMERY COUNTY, MARYLAND
| Date: ______________________
|
___________________
Douglas M. Duncan
County Executive |
| APPROVED AS TO FORM AND LEGALITY: |
|
______________________________
Office of the County Attorney |
|
| PRIME COMMUNICATIONS, LLC |
|
| Date: ________________________ |
By: __________________
It:____________________ |
| PRIME COMMUNICATIONS - POTOMAC, LLC |
|
| Date: ________________________ |
By: __________________
It:____________________ |
| COMCAST CABLE OF MARYLAND, INC |
|
| Date: ________________________ |
By: __________________
It:____________________ |
| COMCAST PRIME, LLC |
|
| Date: ________________________ |
By: __________________
It:____________________ |
|