Common use of Transfer to an Entity Clause in Contracts

Transfer to an Entity. If the Marketer is in full compliance with this Agreement, the Marketer may transfer this Agreement to a corporation or other entity in which the Marketer owns all of the ownership interest with the Franchisor's prior written approval, which approval shall not be unreasonably withheld. The transfer fee described in Section 15.3(c) above will be waived by the Franchisor and all owners of such entity shall sign a Guaranty and Assumption of the Marketer's Obligations, attached hereto as Exhibit IV.

Transfer to an Entity. If the Marketer is in full compliance with this Agreement, the Marketer may transfer this Agreement to a corporation or other entity in which the Marketer owns all of the ownership interest interest, with the Franchisor's prior written approval, which approval shall not be unreasonably withheld. The transfer fee described in Section 15.3(c) above will be waived by the Franchisor and all owners of such entity shall sign a Guaranty and Assumption of the Area Marketer's Obligations, attached hereto as Exhibit IV.

Transfer to an Entity. If the Marketer is in full compliance with this Agreement, the Marketer may transfer this Agreement to a corporation or other entity in which the Marketer owns all of the ownership interest interest, with the Franchisor's prior written approval, which approval shall not be unreasonably withheld. The transfer fee described in Section 15.3(c) above will be waived by the Franchisor and all owners of such entity shall sign a Guaranty and Assumption of the Area Marketer's Obligations, attached hereto as Exhibit IVIII.