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3.30 REASONABLE NOTICE shall be written notice addressed to the <br />Grantee at its principal office or such other office as the Grantee has designated to the <br />County as the address to which notice shall be transmitted to it, which notice shall be <br />certified and postmarked not less than seven (7) days prior to that day in which the <br />party giving such notice shall commence any action which requires the giving of notice. <br />In computing said seven (7) days, holidays recognized by the County shall be excluded. <br /> <br /> 3.31 RESIDENT means any person residing in the County as otherwise <br />defined by applicable law. <br /> <br /> 3.32 RESIDENTIAL SUBSCRIBER means a subscriber who receives a <br />service in an individual dwelling unit where the service is not to be utilized in <br />connection with a business, trade or profession. <br /> <br />3.33 SALE shall include any sale, exchange, barter or offer for sale. <br /> <br /> 3.34 SCHOOL means any public or non-profit educational institution <br />including primary and secondary schools, colleges and universities, both public and <br />private. <br /> <br /> 3.35 SERVICE AREA means the entire geographic area within the Franchise <br />territory. <br /> <br />3.36 STATE means the state of North Carolina. <br /> <br /> 3.37 TRANSFER means the disposal by the Grantee, directly or indirectly, <br />by gift, assignment, voluntary sale, merger, consolidation or otherwise, of twenty-five <br />percent (25 %) or more at one time of the ownership or controlling interest in the <br />system, or fifty percent (50%) cumulatively over the term of the Franchise of such <br />interests to a corporation, partnership, limited partnership, trust or association, or <br />person or group of persons acting in concert, affiliate transfers excepted. <br /> <br /> 3.38 TRUNK LINE means the major distribution cable used in cable <br />communications, which divides into feeder lines which are tapped for service to <br />subscribers. <br /> <br /> 3.39 UPSTREAM SIGNAL means a signal originating from a terminal to <br />another point in the cable television system including video, audio or digital signals for <br />either programs or other uses such as security alert services, etc. <br /> <br /> 3.40 USER means a person or organization utilizing channel or equipment <br />and facilities for purpose of producing and/or transmission of material, as contrasted <br />with receipt thereof in a subscriber capacity. <br /> <br />IV. GRANT OF FRANCHISE <br /> <br /> <br />