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Notwithstanding the foregoing, the requirements of this Chapter shall apply to any Telecommunications Carrier, Open Video System Operator, or Cable Operator who currently occupies rights-of-way without a license, franchise, cable franchise or other agreement with the City. Any such Telecommunications Carrier or Cable Operator shall register or apply for a license, telecommunication franchise or cable franchise as provided by this Chapter within 120 days of the effective date of this Chapter. This Chapter shall not apply to lessees that solely lease bandwidth (and do not own Telecommunications Facilities within the City) so long as the lessor has complied with the requirements of this Chapter.