Republic Acts1 min read
Section 3Sec./Art. 3
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Extended Grant. - In the event of any competing individual, partnership or corporation receiving from Congress a similar franchise in which there shall be any term or terms more favorable than those granted under Republic Act Numbered Seven thousand three hundred one or tending to place the herein grantee at any disadvantage, then such term or terms shall ipso facto become part of the terms hereof and shall operate equally in favor of the grantee as in the case of said competing individual, partnership or corporation.
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