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� � <br /> fund or any such insurance certificates does not occur within said thirty (30) day <br /> period after the date of the approval of this Agreement by the Council, the <br /> Grantor may declare this Agreement null and void. <br /> 2.4 Duration <br /> The term of the Franchise shall be eleven (11) years from the effective <br /> date of this Agreement, subject to the provisions of (b) and (c) of Section 5.1 of <br /> this Agreement. <br /> 2.5 Franchise Non-Transferable <br /> (a) Grantee shall not sell, transfer, lease, assign or dispose of, <br /> in whole or in part, either by forced or involuntary sale, or by ordinary sale, <br /> contract, consolidation or otherwise, the Franchise or any of the rights or <br /> privileges herein granted, without the prior consent of the Council, which consent <br /> shall not be unreasonably denied, withheld or delayed; provided, however, that <br /> the prior written consent of the Council shall not be required for an intracorporate <br /> or intracompany transfer from one wholly-owned subsidiary to another wholly- <br /> owned subsidiary. Any attempt to sell, transfer, lease, assign or otherwise <br /> dispose of the Franchise without the consent of the Council shall be null and <br /> void. The granting of a security interest in any Grantee assets, or any mortgage <br /> or other hypothecation or by assignment of any right, title or interest in the Cable <br /> System, or use of the Cable System as collateral in order to secure <br /> indebtedness, shall not be considered a transfer for the purposes of this Section. <br /> (b) The requirements of Subsection (a) shall apply to any <br /> change in control of Grantee. The word "control" as used herein includes <br /> majority ownership, and actual working control in whatever manner exercised. In <br /> the event that Grantee is a corporation, prior consent of the Council shall be <br /> 7 <br /> sh/RWC/Council <br /> AGMT-382 <br /> FXS/fs <br /> 08/02/00 <br />