Examples of Dealer Franchise Agreement in a sentence
Promptly upon the Borrower or the Company obtaining knowledge thereof, notice of the termination of any Dealer Franchise Agreement.
Each of such Dealer Franchise Agreements is currently in full force and effect, and neither the Company nor any Subsidiary has received any notice of termination with respect to any such agreement; and, except as disclosed on Schedule 8.23, neither the Company nor any Subsidiary is aware of any event which with notice, lapse of time or both would allow any Manufacturer that is a party to any Dealer Franchise Agreement to terminate any such agreement.
Each of such Dealer Franchise Agreements is currently in full force and effect, and neither the Company nor any Subsidiary has received any notice of termination with respect to any such agreement; and, except as disclosed on Schedule 8.22, neither the Company nor any Subsidiary is aware of any event that with notice, lapse of time or both would allow any Manufacturer that is a party to any Dealer Franchise Agreement to terminate any such agreement.
With respect to any Subsidiary operating under a Dealer Franchise Agreement with Toyota Motor Sales in USA, Inc., American Honda Motor Corporation, or Nissan in USA, Inc., the Company hereby agrees that it shall not pledge or otherwise transfer its capital stock in such Subsidiary to any Person.
The Distributor will not provide any Product to a Dealer at a time when that Dealer is in breach of any of its material obligations to the Distributor under the Dealer Franchise Agreement or is carrying on business in a way which can be reasonably considered as bringing the Distributor's or the Dealer's name or business into disrepute.
If SONITROL CORPORATION determines in good faith that Legatee is not capable of performing all the duties and obligations of DEALER under the Sonitrol Dealer Franchise Agreement, it will notify Legatee in writing and Legatee shall have sixty (60) days from the date of notification to locate a bona fide purchaser and notify SONITROL CORPORATION of the identity of the purchaser and terms of the purchase.
If SONITROL CORPORATION or DISTRIBUTOR determines in good faith that Legatee is not capable of performing all the duties and obligations of DEALER under the Sonitrol Dealer Franchise Agreement, it will notify Legatee in writing and Legatee shall have sixty (60) days from the date of notification to locate a bona fide purchaser and notify SONITROL CORPORATION and DISTRIBUTOR of the identity of the purchaser and terms of the purchase.
Copies, certified by the Secretary or an Assistant Secretary (or other appropriate representative) of each Loan Party, of the organizational documents of such entity and each Dealer Franchise Agreement to which such entity is a party, together, in each case, with all instruments, agreements and other documents required to be delivered or furnished thereunder or in connection therewith.
Promptly upon the Company obtaining knowledge thereof, notice of the termination of any Dealer Franchise Agreement.