The permittee shall not sell, assign or transfer his or her system to another or transfer any rights under this subchapter to another except to a wholly owned subsidiary without prior written approval by the village, provided that the approval shall not be unreasonably withheld if the assignee has filed with the village an instrument duly executed, reciting the fact that the sale, assignment or lease accepts all the terms and conditions of this subchapter and provides for the performance of all the conditions thereof.
(1992 Code, § 30.013) (Ord. 2-81, passed 9-24-1981)