Assignment of Franchise. (a) As of the Effective Date, Assignor hereby assigns, conveys, transfers and sets-over to Assignee any and all of Assignor's right, title and interest in and to the Franchise and any and all of Assignor's responsibilities and obligations under the Franchise, such assignment being upon all of the terms and conditions as contained in the Franchise.
Assignment of Franchise. Pursuant to the written permission of the City, which shall not be unreasonably withheld, the Company shall have the right to assign this franchise, and the rights and privileges herein granted, to any person, firm or corporation, and any such assignee, by accepting such assignment, shall be bound by the terms and provisions hereof. If the Company should seek approval to assign this franchise, the Company shall notify the City in writing. All such assignments shall be in writing and authenticated copies thereof shall be filed with the City Clerk. This franchise shall be assignable only in accordance with the laws of the State of Kansas, as the same may exist at the time when any assignment is made.
Assignment of Franchise. 3.1 Without written consent of Party A, Party B shall not assign the franchise hereunder to any third party.
Assignment of Franchise. A. No assignment of this Franchise shall take place, whether by forced or voluntary sale, lease, or assignment, without prior written notice to and approval by the Board, which approval shall not be unreasonably withheld. The notice shall include full identifying particulars of the proposed transaction; including, but not limited to, the name, address, telephone number, facsimile number, and, if available, the e-mail address of the contact person for notification purposes under this Franchise Agreement after completion of the transaction. The Board shall act by resolution to approve or deny continued operation of the Franchise pursuant to this Franchise Agreement after completion of the transaction. The Board shall have forty-five (45) days within which to approve or disapprove a proposed assignment of this Franchise Agreement. If no action is taken within such forty-five (45) day period, approval shall be deemed to have been given. This subsection does not apply to any restructuring, recapitalization or refinancing that does not change the effective control of Franchisee or the responsible party for purposes of meeting the responsibilities of this Franchise Agreement.
Assignment of Franchise. No Assignment of this Contract or any right accruing under this Contract shall be made in whole or in part by the Contractor without the express written consent of the City, which consent will not be reasonably withheld. The delegation of any Contract duties will require the written consent of the Surety as such a delegation will not relieve the Contractor or his Surety of any liability and/or obligation to perform. In the event of any delegation of duty, the delegation shall assume full responsibility and liability for performance of that duty without affecting the Contractor's liability.
Assignment of Franchise. FHR-Corpus hereby assigns, transfers, grants and conveys unto FHR-Ingleside all of its right, title and interest in and to the Franchise effective as of the Effective Date. As a material inducement to obtain FHR-Ingleside’s acceptance of the Franchise and assumption of FHR-Corpus’s obligations thereunder after the Effective Date, FHR-Corpus hereby represents and warrants to FHR-Ingleside that the Franchise is unmodified and in full force and effect, that all terms of the Franchise required to be observed or performed by FHR-Corpus thereunder have been observed and performed, and that FHR-Corpus has received no notice from PCCA of any default under the Franchise.
Assignment of Franchise. This franchise shall be binding upon and inure to the benefit of the successors, legal representatives and assigns of the Grantee; but no transfer of this franchise by merger, consolidation, sale, assignment or otherwise shall be made unless the City Council first consents by resolution.
Assignment of Franchise. Pursuant to the written permission of the City and the submission of FCC form 394 or such successor form, the Grantee shall have the right to assign the Franchise granted under this Ordinance, and the associated rights and privileges to any person, firm or corporation, and any such assignee, by accepting such assignment, shall be bound by the terms and provisions hereof. If the Grantee should seek approval to assign this Franchise, the Grantee shall notify the City in writing. All such assignments shall be in writing and authenticated copies thereof shall be filed with the City Clerk. This Franchise shall be assignable only in accordance with federal law and the laws of the State of Kansas, as the same may exist at the time when any assignment is made. In the event that Grantee assigns this Franchise to a wholly owned subsidiary or affiliate of Grantee, such assignment shall require thirty (30) days prior written notice to the City and shall not require City approval.
Assignment of Franchise. The Company shall have the right to assign this franchise, and the rights and privileges herein granted, to any person, firm or corporation, subject to the approval of the State Corporation Commission, and any such assignee, by accepting such assignment, shall be bound by the terms and provisions hereof. If the Company should seek approval to assign this franchise, the Company shall notify the City in writing and provide a copy of the Company's filing with the State Corporation Commission. All such assignments shall be in writing and authenticated copies thereof shall be filed with the City Clerk. (Ord. 6450)
Assignment of Franchise
