Franchise Law definition
Examples of Franchise Law in a sentence
This Addendum shall not apply unless the jurisdictional requirements of the New York Franchise Law are met independently and without reference to this Addendum.
During the four years before the date of this Agreement, the Company and its Subsidiaries have not, to their knowledge, in any such Company FDD or in any registration, application or filing with any Governmental Authority under any Franchise Law, made any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements made therein, in light of the circumstances under which they were made, not misleading.
With respect to the relations of the TruGreen Entities with existing and former TruGreen Franchisees, and all terminations, non-renewals, and transfers of TruGreen Franchises since October 1, 2013, the TruGreen Entities have complied with all the proper notice of default, time to cure, and the actual termination of any TruGreen Franchise Agreement required by any Franchise Law.
Practically speaking, most cases involving the attempted assignment of a franchise agreement by a bankrupt franchisee Fall 2012 ■ Franchise Law Journal 77 are decided based on the particular court’s interpretation of § 365(c)(1).
The term “Other Country’s Franchise Law or Regulation” means the franchise law or regulation of any other jurisdiction other than the United States regulating the offer or sale of franchises, including any pre-sale registration or disclosure law.
Since February 1, 2009, the Company and its Subsidiaries have not, in any such FDD or in any registration, application or filing with any Governmental Entity under any United States federal or state Franchise Law, made any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements made therein, in light of the circumstances under which they were made, not misleading.
Schedule 2.22(j) sets forth a list of the jurisdictions in which any member of the Company Group is or has been actively offering or selling franchises and any jurisdiction in which it is or has been registered or authorized to offer and sell franchises, or is exempt from such registration, under a Franchise Law.
Rule 2860.4400D, any general release of claims that you or a transferor may have against us or our shareholders, directors, employees and agents, including without limitation claims arising under federal, state, and local laws and regulations shall exclude claims you or a transferor may have under the Minnesota Franchise Law and the Rules and Regulations promulgated thereunder by the Commissioner of Commerce.
D.C.L. 37-5A-86, any acknowledgment, provision, disclaimer or integration clause or a provision having a similar effect in the Agreement does not negate or act to remove from judicial review any statement, misrepresentation or action that would violate the South Dakota Franchise Law (S.D.C.L. 37-5A), or any administration regulations promulgated thereunder.
It is agreed by and between Seller and Buyer that in the event that the Franchise Law Survey reflects a contingent liability of Seller that is so material to Buyer and/or its underwriter that Buyer is unable to proceed to consummation of its initial public offering in view of such contingent liability, Buyer will notify Seller and this Agreement will terminate.