A. 
Neither Blue Ridge nor its parent nor any affiliated entity shall transfer or assign, through its own action or by operation of law, its right, title or interest in the cable system or in this agreement without the prior written consent of the municipality.
B. 
Neither Blue Ridge nor its parent nor any affiliated entity shall change, transfer or assign, through its own action or by operation of law, its control of the cable system or of this agreement without the prior written consent of the municipality.
C. 
Neither Blue Ridge nor its parent nor any affiliated entity shall sell, convey, transfer, exchange or release more than 50% of its equitable ownership in the cable system without the prior written consent of the municipality.
D. 
Blue Ridge shall make written application to the municipality of any transfer, change in control or assignment as described above and shall provide all information required by FCC Form 394 and any other applicable federal, state, and local statutes and regulations regarding transfer or assignment. The municipality shall have 120 days from the receipt of all required information to take action on the transfer or assignment.
E. 
Any consent by the municipality for any transfer or assignment described above shall not be effective until the proposed transferee or assignee shall have executed a legally binding document stating that it shall be bound by all the terms and conditions contained in this agreement.
F. 
In the event that Blue Ridge, its parent or any affiliated entity seeks approval of the municipality for a transfer, assignment or change of control, Blue Ridge shall be responsible for any and all reasonable attorneys' and/or consulting fees incurred by the municipality relative to the transfer, assignment, or change of control.
G. 
This section does not apply to a transfer or assignment of this agreement to an affiliate of Blue Ridge, or to any pledge, mortgage hypothecation or financing of the assets of the cable system, or to any restructuring, recapitalization or refinancing which does not change the effective control of Blue Ridge.
The municipality and Blue Ridge agree that any proceedings or activities that relate to the renewal of Blue Ridge's franchise shall be governed by applicable federal law.
Blue Ridge shall have the unrestricted right and availability to utilize the cable system for telecommunication or any other purposes other than cable television service, including but not limited to data, voice and message transmission, so long as said uses do not unduly interfere with the cable television service being provided to subscribers.