Third Party Franchisees definition

Third Party Franchisees means, as of the Closing Date, the individuals and entities listed in Schedule 1.1 as “third party franchisees”, and thereafter, any additional individual or entity that meets the Third Party Franchisee Eligibility Requirements.
Third Party Franchisees means, as of the Effective Date, the individuals and entities listed in the Perfection Certificate as “third party franchisees”, and thereafter, any additional individual or entity that meets the Third Party Dealer and Franchisee Eligibility Requirements.
Third Party Franchisees means, as of the Closing Date, the individuals and entities listed in Schedule 1.1 as “third party franchisees”, and

Examples of Third Party Franchisees in a sentence

  • The Inventory and Equipment (other than vehicles or Equipment out for repair and other than Inventory and Equipment with, in the aggregate, a de minimis value) of the Loan Parties are not stored with a bailee, warehouseman, or similar party (other than Third Party Franchisees) and are located only at, or are in-transit between or to, the locations identified on Schedule 4.25 (as such Schedule may be updated pursuant to Section 5.12).

  • The Inventory and Equipment (other than vehicles or Equipment out for repair and other than Inventory and Equipment with, in the aggregate, a de minimis value) of Holdings, the Borrower and its Subsidiaries are not stored with a bailee, warehouseman, or similar party (other than Third Party Franchisees) and are located only at, or are in-transit between or to, the locations identified on Schedule 4.25 (as such Schedule may be updated pursuant to Section 5.12).