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C. Notwithstanding anything to the contrary, no consent shall be required, however, for(1) a <br /> transfer of an agreement or any interest therein to an Affiliate or(2) a transfer in trust, by mortgage, <br /> hypothecation, or by assignment of any rights, title or interest of the Provider in the Franchise <br /> Agreement or Competitive Video Service Agreement or the system in order to secure <br /> indebtedness. <br /> D. Any request for consent to a transfer of its Franchise Agreement or Competitive <br /> Video Service Agreement or change in control of the Provider shall be handled by the <br /> Municipality in accordance with applicable federal and state law. <br /> E. In the event of a transfer of a Franchise Agreement or Competitive Video Service <br /> Agreement, the transferee or assignee must agree, in writing, to be bound by the terms of the <br /> Franchise Agreement or Competitive Video Service Agreement subject to applicable law. <br /> 16. HOLDERS. <br /> A. Cable/Video Service Provider Fee Imposed. <br /> (1) Fee Imposed. A fee is hereby imposed on any holder providing cable service or video <br /> service in the City. <br /> (2) Amount of Fee. The amount of the fee imposed hereby shall be five percent (5%) of <br /> the holder's gross revenues. <br /> (3) Notice to the City. The holder shall notify the City at least ten (10)dys prior to the <br /> date on which the holder begins to offer cable service or video service in the City. <br /> (4) Holder's Liability. The holder shall be liable for and pay the service provider fee to <br /> the City. The holder's liability for the fee shall commence on the first day of the calendar month <br /> following thirty (30) days after receipt of the ordinance adopting this Section by the holder. The <br /> ordinance adopting this Section shall be sent by mail, postage prepaid, to the address listed on <br /> the holder's application notice sent pursuant to 220 ILCS 5/21-401(b)(6) to the City. <br /> (5) Payment Date. The payment of the service provider fee shall be due on a quarterly <br /> basis, forty-five (45) days after the close of the calendar quarter. If mailed, the fee is considered <br /> paid on the date it is postmarked. Each payment shall include a statement explaining the basis for <br /> the calculation of the fee. <br />