§ 27. Forfeiture of franchise.

(a)

In addition to all other rights and powers pertaining to the city by virtue of this franchise or otherwise, the city reserves the right to terminate and cancel this franchise and all rights and privileges of the grantee hereunder in the event that the grantee:

(1)

Violates any provisions of this franchise or any rule, order or determination of the city or city council made pursuant to this franchise, except where such violation, other than of section 23 or subsection (2) below, is without fault or through excusable neglect;

(2)

Becomes insolvent or unable to pay its debts or is adjudged a bankrupt;

(3)

Attempts to dispose of any of the facilities or property of its CATV business to prevent the city from purchasing same, as provided for herein;

(4)

Attempts to evade any of the provisions of this franchise or practices any fraud or deceit upon the city; or

(5)

If the FCC or other regulatory agency issues some cease and desist order to the grantee herein or issues a license to another CATV company and refuses one to Telvue Cable, for operations in Hoover.