A.
In consideration of the faithful performance and observance of the conditions, restrictions and reservations hereinafter specified, a nonexclusive license is hereby granted to Suburban Cable TV Co., Inc., its successors or assigns (hereinafter referred to as "licensee") by the Borough (hereinafter referred to as "licensor") to erect, maintain and operate until the year 2000 and during any extension of said period, from the date of final passage of this ordinance, a distribution system and necessary facilities and additions thereto, in, under, over, along, across and upon streets, lanes, avenues, alleys, sidewalks, bridges, rights-of-way, easements, highways and other public places in the Borough selected by the licensee, for the purpose of the transmission and distribution of audio, digital and video impulses in accordance with the laws and regulations of the United States of America and the Commonwealth of Pennsylvania and with the provisions of this ordinance.
B.
The license granted hereafter shall be automatically extended for successive five-year terms, provided that the licensee has, during the initial term and each successive term, substantially complied in all material aspects with the terms of this ordinance. No extension shall be unreasonably denied, and any decision by the Borough that the licensor has not so complied shall be appealable on the merits to a court of competent jurisdiction. The licensor shall be entitled to all renewal rights afforded it by the current provisions of the Cable Communications Act of 1984.