§ IX. ASSIGNMENT.  


Latest version.
  • The rights of the Company hereunder shall not be assignable without first giving the City at least thirty (30) days notice prior to filing with the New Mexico State Corporation Commission of the Company's intention to assign its franchise rights hereunder. The Company shall assist the City Manager in providing information which reflects the financial ability (e.g., financial audit) and the management ability (e.g. experience and resume of proposed management) of its proposed Assignee to operate a telephone utility. The aforesaid thirty (30) days notice shall not commence to run until Company has initiated good faith efforts to provide the assistance or information as requested by the City Manager.