Franchises, etc Clause Samples
The 'Franchises, etc' clause defines the rights and obligations related to the granting or operation of franchises, licenses, or similar business arrangements within a contract. It typically outlines the conditions under which a party may establish or operate a franchise, including any restrictions, approval processes, or compliance requirements. For example, it may specify that a party cannot grant a franchise without the other party's consent or must adhere to certain standards when operating under a franchise model. The core function of this clause is to regulate the use and control of franchising rights, thereby protecting the interests of the parties and ensuring that such arrangements are managed consistently and in accordance with agreed terms.
Franchises, etc. The Company has all franchises, certificates of convenience and necessity, operating rights, licenses, permits, consents, approvals, authorizations and orders of governmental bodies, political subdivisions and regulatory authorities, free from unduly burdensome restrictions, as are reasonably necessary for the ownership of the properties now owned and operated by it, the maintenance and operation of the properties now operated by it and the conduct of the business now conducted by it.
Franchises, etc. The Borrower and each of its Restricted Subsidiaries has all franchises and certificates, free from burdensome restrictions, that are necessary for the ownership, maintenance and operation of its properties and assets, except as, individually or in the aggregate, has not had or could not reasonably be expected to have, a Material Adverse Effect, and neither the Borrower nor any Restricted Subsidiary is in violation of any thereof that, individually or in the aggregate, has had, or could reasonably be expected to have, a Material Adverse Effect.
Franchises, etc. 50 7.05 Compliance with Statutes, etc...................................50 7.06 Compliance with Environmental Laws..............................50 7.07 ERISA...........................................................51 7.08 End of Fiscal Years; Fiscal Quarters............................53 7.09
Franchises, etc. Holdings will, and will cause each of its Subsidiaries to, do or cause to be done all things necessary to preserve and keep in full force and effect its existence and its material rights, franchises, licenses and, to the extent required by the Security Agreement, trademarks, copyrights and patents; provided, however, that nothing in this Section 7.04 shall prevent (i) transactions permitted by Section 8.02 or (ii) the withdrawal by Holdings or any of its Subsidiaries of qualification as a foreign corporation in any jurisdiction where such withdrawal could not reasonably be expected to have a material adverse effect on the business, operations, property, assets, liabilities or condition (financial or otherwise) of Holdings and its Subsidiaries taken as a whole.
Franchises, etc. Except as otherwise agreed to in writing by --------------- Wisconsin Energy, WICOR shall cause those of the WICOR Companies that are public utilities to use all reasonable best efforts to maintain in effect and renew all existing franchises, certificates of authority, certificates of public convenience and necessity and other permits, as the case may be, pursuant to which any of the WICOR Companies operates in its service territories. WICOR shall notify Wisconsin Energy promptly in the event that it becomes aware of any problem, complaint or proceeding which could reasonably be expected to result in the termination or non-renewal of any such franchise, certificate or permit.
Franchises, etc. ESELCO shall, and shall cause Edison Sault, ESEG and NTS to, use all reasonable efforts to maintain in effect and renew all existing franchises, certificates of convenience and necessity and other permits, as the case may be, pursuant to which any of the ESELCO Companies operates in its service territories. ESELCO shall notify Wisconsin Energy promptly in the event that it becomes aware of: (i) any problem, complaint or proceeding which could result in the termination or non-renewal of any such franchise, certificate of convenience and necessity or permit; or (ii) any significant complaint to the MPSC or any of the ESELCO Companies by a customer of any of the ESELCO Companies or by any other Person concerning the rates, ▇▇▇▇▇▇▇▇, service or any other matter relating to the business of any of the ESELCO Companies.
Franchises, etc. The successful bidder agrees to protect the City from any claim involving patent right infringements, copyrights or sales franchises. N o Bids If bidder is unable to quote, the bid form should be returned to the purchasing agent before opening time, and reason given for not bidding if bidder desires to bid on future purchases.
Franchises, etc. 28 6.05 Compliance with Statutes, etc...................................28 6.06
Franchises, etc. Promptly after the occurrence of (i) any lapse or other termination of any Franchise issued to the Borrower which lapse or termination may have a material adverse effect on the business, operations, financial condition or prospects (with respect to the Borrower's ability to pay or repay the Obligations) of the Borrower, (ii) any refusal by any Official Body to renew or extend any such Franchise, or (iii) any dispute between the Borrower and any Official Body which, if adversely determined, is reasonably likely to have a material adverse effect on the business, operations, financial condition or prospects (with respect to the Borrower's ability to pay or repay the Obligations) of the Borrower, notice thereof.
Franchises, etc. The Borrowers and the Guarantors possess all material licenses, franchises, patents, licenses, trademarks, service marks, trademark and service ▇▇▇▇ rights, trade names, trade name rights and copyrights necessary to conduct their business substantially as now conducted, and as proposed to be conducted, in each case subject to no mortgage, pledge, lien, lease, encumbrance, charge, security interest, title retention agreement or option which is not permitted by Article IX(B) of this Agreement to exist, and, without any known conflict with any such rights or assets of others.