Examples of Franchisor Consent in a sentence
Seller further acknowledges and agrees that Buyer shall have the right to setoff or recoup against amounts that may become due to Buyer under this Agreement any amounts now or hereafter owing by Buyer to Franchisor or its Affiliates under the Franchise Agreement as provided in the Franchisor Consent.
Accordingly, if the FMI APA does not close, then a condition to the FMI Franchisor Consent Agreement will not have been satisfied and the FMI Supplemental APA could not close.
In addition, if the Hotel Property is subject to a ------------------- Franchise Agreement, no default by the franchisee under the Franchise Agreement exists, the Franchise Agreement remains in full force and effect and the Administrative Agent shall have received a Franchisor Consent.
The Franchisor, the Priszm Entities and FMI have entered into a consent agreement dated August 24, 2011 , effective on Closing (the “ FMI Franchisor Consent Agreement”), which is attached as Exhibit H to the September 8 Affidavit, without certain Exhibits that are deemed confidential by one or more of the parties.
Authorization for Chairman to sign a Franchisor Consent form for Eagle West, L.L.C. (cable television franchise).
Within fifteen (15) days after the Effective Date, Purchaser shall (i) apply to Franchisor to obtain the Franchisor Consent and use commercially reasonable efforts to submit all information and documentation required by Franchisor in connection therewith; and (ii) thereafter, diligently pursue and use commercially reasonable efforts to obtain the Franchisor Consent prior to Closing.
The Franchisor, the Priszm Entities and FMI have entered into a consent agreement, effective on Closing (the “ Supplemental FMI Franchisor Consent Agreement”), which is attached as Exhibit J to the September 8 Affidavit, without certain Exhibits that are deemed confidential by one or more of the parties.
As such, prohibitions on speech fail to comply with general standards of fairness under the Serbian Constitution and the requirement of the European Convention on Human Rights that restrictions on the press be stated with specificity.
The parties acknowledge and agree that on or before the Effective Date, Franchisor has approved Buyer’s acquisition of the Restaurants pursuant to the terms hereof based upon the condition that the equity, ownership and operating structure of Buyer will be substantially the same as set forth in the consent letter issued by Franchisor to Buyer as of the Effective Date (“Franchisor Consent Letter”) and satisfaction of certain other conditions set forth in the Franchisor Consent Letter.
The Monitor notes, however, that the FMI Franchisor Consent Agreement provides that the consent of the Franchisor to the FMI Transactions is conditional on each of the FMI Transactions closing concurrently.