Common use of Transfer Standards Clause in Contracts

Transfer Standards. Subject to Section 4.3, you will not change or allow a change in five percent (5%) or more of the ownership or control of (i) this Agreement, (ii) the Dealership, (iii) the assets of the Dealership or, (iv) the business entity that owns or controls the Dealership (a “transfer”), without our consent.

Appears in 1 contract

Sources: Franchise Agreement (Bandag Inc)

Transfer Standards. Subject to Section 4.3, you will not change or allow a change in five percent (5%) or more of the ownership or control of (i) this Agreement, (ii) the Dealership, (iii) the assets of the Dealership or, (iv) the business entity that owns or controls the Dealership (a "transfer"), without our consent.

Appears in 1 contract

Sources: Franchise Agreement (Bandag Inc)