Transfer to Affiliates. Franchisor may Transfer this Agreement to any of its Affiliates that assumes Franchisor’s obligations to Franchisee and is reasonably capable of performing Franchisor’s obligations, without prior notice to, or consent of, Franchisee.
Appears in 4 contracts
Samples: License Agreement (Moody National REIT I, Inc.), Relicensing Franchise Agreement, License Agreement (Moody National REIT II, Inc.)
Transfer to Affiliates. Franchisor may Transfer this Agreement to any of its Affiliates that assumes assume Franchisor’s obligations to Franchisee Owner and is reasonably capable of performing Franchisor’s obligations, without prior notice to, or consent of, FranchiseeOwner.
Appears in 3 contracts
Samples: License Agreement (Moody National REIT II, Inc.), License Agreement (Moody National REIT I, Inc.), Electronic Systems License Agreement (Moody National REIT II, Inc.)
