RELOCATION OF STORE Sample Clauses

RELOCATION OF STORE. If FRANCHISEE's Lease for the Premises terminates without fault of FRANCHISEE, or if the Premises are damaged, condemned or otherwise rendered unusable, or if in the judgment of COMPANY and FRANCHISEE there is a change in the character of the location of the STORE sufficiently detrimental to its business potential to warrant its relocation, COMPANY will grant permission for relocation of the STORE to another location which COMPANY approves and which is within a one (1) mile radius from the Premises. In the event of such relocation the new premises of the STORE will be as stated on a revised Exhibit A at such time. Any such relocation shall be at FRANCHISEE's sole expense and COMPANY shall have the right to charge FRANCHISEE for costs and expenses incurred by COMPANY in connection therewith.
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RELOCATION OF STORE. If FRANCHISEE's lease for the premises of the STORE terminates without fault of FRANCHISEE, or expires and is unable to be renewed by FRANCHISEE on substantially the same terms and conditions, or if FRANCHISEE loses the right or otherwise ceases to occupy the premises of the STORE, or if in the judgment of the COMPANY and FRANCHISEE there is a change in the character of the location of the STORE sufficiently detrimental to its business potential to warrant its relocation, the COMPANY shall grant permission for relocation of the STORE to a location approved by the COMPANY. The COMPANY reserves all power to withhold approval of any location to which relocation is sought. Any such relocation shall be at FRANCHISEE's sole expense, and shall not be undertaken without the COMPANY's prior written consent. The COMPANY shall have the right to charge FRANCHISEE for services the COMPANY renders to FRANCHISEE in connection with such relocation. The COMPANY shall also have the right to require FRANCHISEE to upgrade the relocated STORE to conform to the COMPANY's then current image, standards, and specifications for construction and equipment for all new "TCBY" stores. Under no circumstances shall the COMPANY be required to approve any relocation if the regional or national chain outlet with which the STORE is affiliated ceases to be operated by FRANCHISEE. In the event of a relocation of the STORE, FRANCHISEE shall promptly remove from the former STORE premises any and all signs, fixtures, furniture, posters, furnishings, equipment, menus, advertising materials, stationery supplies, forms and other articles which display any of the Marks or any distinctive features or designs associated with the System. Any articles which display any of the Marks or any distinctive features or designs associated with the System which are not used by FRANCHISEE at the new STORE location shall be disposed of by FRANCHISEE as directed by the COMPANY following notice to the COMPANY to the effect such articles will not be used at the new STORE. Furthermore, FRANCHISEE shall, at FRANCHISEE's expense, immediately make such modifications or alterations as may be necessary to distinguish the former STORE premises so clearly from its former appearance and from other "TCBY" stores as to prevent any possibility of confusion therewith by the public (including, without limitation, removal of all distinctive physical and structural features identifying "TCBY" stores and removal of all distinctive sig...
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Related to RELOCATION OF STORE

  • Reservation of Stock The Company will at all times reserve and keep available, solely for issuance and delivery upon the exercise of this Warrant, such number of Warrant Shares and other securities, cash and/or property, as from time to time shall be issuable upon the exercise of this Warrant.

  • RESERVATION OF STOCK, ETC ISSUABLE ON EXERCISE OF WARRANT; FINANCIAL STATEMENTS. The Company will at all times reserve and keep available, solely for issuance and delivery on the exercise of the Warrants, all shares of Common Stock (or Other Securities) from time to time issuable on the exercise of the Warrant. This Warrant entitles the Holder hereof to receive copies of all financial and other information distributed or required to be distributed to the holders of the Company's Common Stock.

  • Continuation of the Business of the Partnership After Dissolution Upon (a) dissolution of the Partnership following an Event of Withdrawal caused by the withdrawal or removal of the General Partner as provided in Section 11.1(a)(i) or (iii) and the failure of the Partners to select a successor to such Departing General Partner pursuant to Section 11.1 or Section 11.2, then, to the maximum extent permitted by law, within 90 days thereafter, or (b) dissolution of the Partnership upon an event constituting an Event of Withdrawal as defined in Section 11.1(a)(iv), (v) or (vi), then, to the maximum extent permitted by law, within 180 days thereafter, the holders of a Unit Majority may elect to continue the business of the Partnership on the same terms and conditions set forth in this Agreement by appointing as a successor General Partner a Person approved by the holders of a Unit Majority. Unless such an election is made within the applicable time period as set forth above, the Partnership shall conduct only activities necessary to wind up its affairs. If such an election is so made, then:

  • Designation of Start-up Day The Closing Date is hereby designated as the "start-up day" of each of the Upper-Tier REMIC and Lower-Tier REMIC within the meaning of Section 860G(a)(9) of the Code.

  • Incorporation of Master Lease The terms, covenants and conditions of the Master Lease are hereby incorporated into this Sublease as they apply to the Premises, except as otherwise expressly provided herein. The terms, conditions and respective obligations of Sublandlord and Subtenant to each other under this Sublease shall be the terms and conditions of the Master Lease except for those provisions of the Master Lease which are directly contradicted by this Sublease in which event the terms of this Sublease shall control over the Master Lease. Therefore, for the purposes of incorporation in this Sublease, (1) wherever in the Master Lease the word “Landlord” is used it shall be deemed to mean the Sublandlord herein, (2) wherever in the Master Lease the word “Tenant” is used it shall be deemed to mean the Subtenant herein, and (3) wherever in the Master Lease the words “Lease”, “Premises”, “Rent” or “Term” are used, such terms shall be deemed to mean this Sublease, the Premises, the Rent hereunder and the Term hereunder, respectively. The time limits contained in the Master Lease for the giving of notices, making of demands or performing of any act, condition or covenant on the part of the tenant thereunder, or for the exercise by the tenant thereunder of any right, remedy or option, are changed for the purposes of incorporation herein by reference by shortening the same in each instance by one (1) day, so that in each instance Subtenant shall have one (1) day less time to observe or perform hereunder than Sublandlord has as the tenant under the Master Lease unless the applicable notice, grace or cure period under the Master Lease is five (5) days or less, in which case such period shall not be shortened. Any non-liability, release, indemnity or hold harmless provision in the Master Lease for the benefit of Landlord or Tenant that is incorporated herein by reference shall be deemed to inure to the benefit of Sublandlord and Landlord, on the one hand, and Subtenant, on the other hand, and any other person intended to be benefitted by said provision, for the purpose of incorporation by reference in this Sublease. Any right of Landlord under the Master Lease of access or inspection, any right of Landlord under the Master Lease to do work in the Premises and any right of Landlord under the Master Lease in respect of rules and regulations, which is incorporated herein by reference, shall be deemed to inure to the benefit of Sublandlord, Landlord, and any other person intended to be benefitted by said provision, for the purpose of incorporation by reference in this Sublease.

  • Designation of Startup Day The Closing Date is hereby designated as the "startup day" of each of REMIC I and REMIC II within the meaning of Section 860G(a)(9) of the Code.

  • Continuation of or Change in Business Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, incidental or ancillary thereto.

  • Distribution of Stock Subject to Section 8, the Company shall cause the Participant to be the record owner of any shares of Stock to which the Participant becomes entitled to receive under this Agreement in accordance with the payment terms described in Section 3.

  • Aggregation of Stock All shares of Registrable Securities held or acquired by Affiliates shall be aggregated together for the purpose of determining the availability of any rights under this Agreement and such Affiliated persons may apportion such rights as among themselves in any manner they deem appropriate.

  • Termination of Company Upon the completion of the liquidation of the Company and the distribution of all Company assets, the Company's affairs shall terminate and the Liquidator shall cause to be executed and filed an appropriate certificate, if required, to such effect in the proper governmental office or offices, as well as any and all other documents required to effectuate the termination of the Company.

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