Existing Franchise Agreement definition

Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

Existing Franchise Agreement means the franchise agreement identified in Item 6 of Schedule 1.

Existing Franchise Agreement means the franchise agreement (or equivalent, where the relevant passenger rail services are being operated by the Secretary of State for Transport in accordance with Section 30 of the Railways Act 1993) between the Secretary of State for Transport, Directly Operated Railways Limited and East Coast Main Line Company Limited;

Examples of Existing Franchise Agreement in a sentence

• The termination of the Existing Management Agreement and the Existing Franchise Agreement.

• No default has occurred and is continuing under the Existing Management Agreement or the Existing Franchise Agreement, and no circumstances exist which, with the giving of notice, the lapse of time or both, would constitute such a default.

• There are no other management agreements, franchise agreements, license agreements or similar agreements for the operation or management of the Hotel or relating to the Brand, to which Seller is a party or which are binding upon the Property, except for the Existing Management Agreement and the Existing Franchise Agreement.

• The Existing Management Agreement and the Existing Franchise Agreement are in full force and effect, and shall remain in full force and effect until the termination of the Existing Management Agreement and the Existing Franchise Agreement at Closing, as provided in Article V hereof.

• At or prior to the Closing, Seller shall terminate the Existing Management Agreement and the Existing Franchise Agreement, and Seller shall be solely responsible for all claims and liabilities arising thereunder on, prior to or following the Closing Date.

More Definitions of Existing Franchise Agreement

Existing Franchise Agreement all as defined in Schedule 1).

Existing Franchise Agreement has the meaning stated in the Recitals.

Existing Franchise Agreement. The current franchise or license agreement allowing the operation of the Hotel as a "Country Hearth Inn".

Existing Franchise Agreement means the franchise agreement made on 29 January 2004 between the Strategic Rail Authority and London Eastern Railway Limited;

Existing Franchise Agreement means any of them. All of the Existing Franchise Agreements are listed in Exhibit A.

Existing Franchise Agreement means the existing franchise agreement for the Project with Marriott (defined below).

Existing Franchise Agreement means the franchise agreement made on 19 February 1997 between the Secretary of State and the Virgin Rail Group Limited;