Common use of Ownership of Franchisee Clause in Contracts

Ownership of Franchisee. Franchisee represents and warrants that its Interestholders are completely and accurately listed in Attachment Two to Exhibit A. Upon any Transfer under Section 17 or otherwise permitted by Franchisor, Franchisee will provide a list of the names and addresses of the Interestholders and documents necessary to confirm such information and update Attachment Two to Exhibit A.

Appears in 3 contracts

Samples: Electronic Systems License Agreement (Moody National REIT II, Inc.), License Agreement (Moody National REIT I, Inc.), License Agreement (Moody National REIT II, Inc.)

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Ownership of Franchisee. Franchisee represents and warrants that its Interestholders are completely and accurately listed the information in Attachment Two to Exhibit A. A regarding its Interestholders is complete and accurate. Upon any Transfer that requires notice to, or the consent of, Franchisor under Section 17 or otherwise permitted by Franchisor17, Franchisee will provide a list of the names and addresses of the Interestholders and documents necessary to confirm such information and update Attachment Two to Exhibit A.

Appears in 1 contract

Samples: Relicensing Franchise Agreement

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