Transferable Franchise Area definition

Transferable Franchise Area means any Franchise Area with respect to which (A) any Consent necessary under a Franchise in connection with the consummation of the transactions contemplated by this Agreement shall have been obtained or shall have been deemed obtained by operation of law in accordance with the provisions of the Cable Act, or (B) no Consent is necessary under a Franchise in connection with the consummation of the transactions contemplated by this Agreement.
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Transferable Franchise Area. As defined in Section 9.06(g).
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Transferable Franchise Area means any Franchise Area with respect to which (AA) any authorization, consent, order or approval of any municipal authority necessary for the assignment of the Franchise for such Franchise Area in connection with the consummation of the transactions contemplated by this Agreement shall have been obtained and shall be effective, on terms not materially less favorable to Buyer or Sellers as are currently in place in Sellers' CATV Franchises or as otherwise agreed by the parties, or (BB) no authorization, consent, order or approval of any municipal authority is necessary for the assignment of the Franchise for such Franchise Area in connection with the consummation of the transactions contemplated by this Agreement, or (CC) no Franchise is required for the provision of cable television service in the Franchise Area.
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Examples of Transferable Franchise Area in a sentence

  • If, on the date that is one (1) year from the date of the Closing Date, any Franchise Area shall not have become a Transferable Franchise Area, Buyer and the Seller with respect thereto shall nevertheless conduct a final Closing with respect to the Retained Franchise and Retained Assets relating to any such Franchise Area ("Final Closing"), at which such Seller shall assign, transfer, convey and deliver to Buyer, and Buyer shall acquire from such Seller, such Retained Franchise and Retained Assets.

  • Subject to Section 9.4, at such time as the Franchise Area covered by any Retained Franchise shall become a Transferable Franchise Area, Buyer and the applicable Seller shall conduct a closing (each, a "Subsequent Closing") at which such Seller shall assign, transfer, convey and deliver to Buyer, and Buyer shall acquire from such Seller, the Retained Franchise covering such Franchise Area and any Retained Assets with respect thereto.

  • In the event that on the Closing Date any Franchise Area is not a Transferable Franchise Area, then the Franchise covering such Franchise Area ("Retained Franchise") and any other Assets used solely in connection with any Seller's operations within such Franchise Area ("Retained Assets") shall be excluded from the Assets conveyed on the Closing Date, and the provisions of this Section 9 shall apply.

  • Each Subsequent Closing shall take place on a Business Day on which the relevant parties shall agree and that is not less than five (5) nor more than ten (10) business days from the date on which Buyer receives notice that the Retained Franchise Consent is obtained or the relevant Franchise Area has otherwise become a Transferable Franchise Area.

  • Each Subsequent Closing shall take place on a Business Day on which the relevant parties shall agree and that is not less than five (5) nor more than ten (10) Business Days from the date on which Buyer receives notice that the Retained Franchise Consent is obtained or the relevant Franchise Area has otherwise become a Transferable Franchise Area.

  • In the event that on the Closing Date any franchise area is not a Transferable Franchise Area, then the Franchise covering such Franchise Area ("Retained Franchise") and any other Assets used solely in connection with Seller's operations within such Franchise Area ("Retained Assets") shall be excluded from the Assets conveyed on the Closing Date, and the provisions of this Section 9 shall apply.

  • Below 5 yrs 75 245-15 yrs 82 2616 - 25 yrs 87 2826 – 35 yrs 46 1636 yrs/above 20 6TotalSource: Field Survey, 2016Table 2 showed the number of years respondents have worked in the organizations.

  • If, on the date that is one (1) year from the date of the Closing Date, any Franchise Area shall not have become a Transferable Franchise Area, Buyer and the Seller with respect thereto shall nevertheless conduct a final Closing with respect to the Retained Franchise and Retained Assets relating to any such Franchise Area ("Final Closing"), at which Seller shall assign, transfer, convey and deliver to Buyer, and Buyer shall acquire from Seller, such Retained Franchise and Retained Assets.

  • In the event that on the Closing Date any franchise area is not a Transferable Franchise Area, then the Franchise covering such Franchise Area ("Retained Franchise") and any other Assets used solely in connection with any Seller's operations within such Franchise Area ("Retained Assets") shall be excluded from the Assets conveyed on the Closing Date, and the provisions of this Section 9 shall apply.


More Definitions of Transferable Franchise Area

Transferable Franchise Area means any Franchise Area with respect to which (A) any Consent necessary under a Franchise (including an expired Franchise pursuant to which a Falcon Company is operating) in connection with the consummation of the transactions contemplated by this Agreement shall have been obtained or shall have been deemed obtained by operation of law in accordance with the provisions of the Cable Act, or (B) no Consent is necessary under a Franchise in connection with the consummation of the transactions contemplated by this Agreement, provided that, with respect to any expired Franchise for which, as of the date hereof, the Franchising Authority has not granted to the applicable Falcon Company continuing operation authority and the Franchise Area serves greater than 350 Subscribers and pursuant to which Consent was not required prior to its expiration, a true and complete list of which is set forth on Schedule 1.1(f), the corresponding Franchise Area shall not be a Transferable Franchise Area unless and until the applicable Franchising Authority has either (i) consented to the consummation of the transactions contemplated by this Agreement, (ii) renewed such Franchise, or (iii) granted to the applicable Falcon Company continuing operating authority to the effect that such Falcon Company has authority to operate under such Franchise until such time as a final decision has been made with respect to the renewal of such Franchise, such consent, renewal or continuing operating authority being referred to as a "Designated Consent"), or (C) no Franchise is required to provide cable television service pursuant to applicable Legal Requirements, which Franchise Areas referred to in this clause (C) are listed on Schedule 3.8, or (D) with respect to the Franchises marked with an asterisk on Schedule 3.8, the applicable Franchising Authority has either (i) evidenced its acknowledgment and approval of the consummation of the transactions contemplated by this Agreement, or (ii) has not requested
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Transferable Franchise Area means any Franchise Area with respect to which (A) any Consent necessary for the assignment of any municipal, county, or state Franchise for such Franchise Area in connection with the consummation of the transactions contemplated by this Agreement shall have been obtained without any condition or qualification that would result in or constitute a material adverse change in the terms of the Franchise that is the subject of the Consent, or (B) no Consent is necessary for the assignment of any municipal, county, or state Franchise for such Franchise Area in connection with the consummation of the transactions contemplated by this Agreement, or (C) no municipal, county, or state Franchise is required for the provision of cable television service in the Franchise Area;
Sample 1
Transferable Franchise Area means any Franchise Area with respect to which (A) any authorization, consent, order, or approval of any governmental authority necessary for the transfer of control of the Franchise for such Franchise Area in connection with the consummation of the transactions contemplated by this Agreement, in form and substance reasonably satisfactory, based on cable industry standards, to Acquiror, shall have been obtained and shall be in full force and effect as of the Effective Time, and the right of any governmental authority to acquire the System serving any Franchise Area shall have been waived, other than rights of condemnation or eminent domain afforded by law; or (B) no authorization, consent, order, or approval of any governmental authority is necessary for the transfer of control of the Franchise for such Franchise Area in connection with the consummation of the transactions contemplated by this Agreement, or (C) no Franchise is required for the provision of cable television service in the Franchise Area;
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Transferable Franchise Area means any Franchise Area with respect to which (i) any Consent necessary under a Franchise in connection with the consummation of the transactions contemplated by this Agreement, the AT&T Related Agreements and the Cox Related Agreements shall have been obtained, (ii) no Consent is necessary under a Franchise in connection with the consummation of the transactions contemplated by this Agreement, the AT&T Related Agreements and the Cox Related Agreements or (iii) a franchise agreement, franchise application, operating permit or similar governing agreement, instrument, resolution, statute, ordinance, approval, authorization or similar right is not required pursuant to applicable Legal Requirements.
Sample 1
Transferable Franchise Area means any Franchise Area with respect to which (i) any authorization, consent, order, or approval of any governmental authority necessary with respect to the Franchise for such Franchise Area in connection with the consummation of the transactions contemplated by this Agreement, in form and substance reasonably satisfactory to Buyer, has been obtained and is in full force and effect as of the Closing Date, and the right of any governmental authority to acquire the system serving any Franchise Area has been waived; or (ii) no authorization, consent, order, approval or waiver of any governmental authority is necessary with respect to the Franchise for such Franchise Area in connection with the consummation of the transactions contemplated by this Agreement; or (iii) no Franchise is required for the provision of cable television service in the Franchise Area;
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Transferable Franchise Area if (A) any Consent necessary for the transfer of control of the Systems Franchise for such Cable Franchise Area in connection with the consummation of the transactions contemplated by this Agreement shall have been obtained; (B) no Consent is necessary for the transfer of control of the Systems Franchise for such Cable Franchise Area in connection with the consummation of the transactions contemplated by this Agreement; or (C) no Franchise is required for the provision of cable television service in the Cable Franchise Area;
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Related to Transferable Franchise Area

  • Franchise Area means the present legal boundaries of the City as of the Effective Date, and shall also include any additions thereto, by annexation or other legal means as provided in this Agreement.

  • New Franchise Agreement means the franchise license agreement to be entered into between Buyer and the Franchisor, granting to Buyer a franchise to operate the Hotel under the Brand on and after the Closing Date.

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • 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.

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • Mixed-use project means a project comprising both a qualified

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Franchise Agreements means (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • Passenger area means the area designed to seat the driver and passengers while a motor vehicle is in operation and any area that is readily accessible to the driver or a passenger while in his or her seating position, including but not limited to any type of glove or storage compartment accessible to passengers or driver.

  • Hotel Site means the real property on which the Hotel is located or to be located, as approved by us.

  • Contiguous zone means the entire zone established by the United States under Article 24 of the Convention on the Territorial Sea and the Contiguous Zone (37 FR 11906 June 15, 1972).

  • Underground area means an underground room, such as a basement, cellar, shaft or vault, providing enough space for physical inspection of the exterior of the tank situated on or above the surface of the floor.

  • Permit area means the area constituted by the blocks that are the subject of a permit;

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Lot area means the total horizontal area within the lot lines of a lot.

  • Garage shall have the meaning ascribed to it in Recital H;

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Condominium unit A Single Family Property within a Condominium Project.

  • Project Site(s) means the place(s) specified in the SCC for the supply and installation of the System.

  • Play area means an area of frequent soil contact by children of less than six years of age as indicated by, but not limited to, factors including the following: the presence of play equipment (sandboxes, swing sets, and sliding boards), toys, or other children’s possessions, observations of play patterns, or information provided by parents, residents, caregivers, or property owners.

  • Eligible Ground Lease means a ground lease that (a) has a minimum remaining term of twenty-five (25) years, including tenant controlled options, as of any date of determination, (b) has customary notice rights, default cure rights, bankruptcy new lease rights and other customary provisions for the benefit of a leasehold mortgagee or has equivalent protection for a leasehold permanent mortgagee by a subordination to such leasehold permanent mortgagee of the landlord’s fee interest, and (c) is otherwise acceptable for non-recourse leasehold mortgage financing under customary prudent lending requirements. The Eligible Ground Leases as of the date of this Credit Agreement are listed on Schedule EG.

  • Host Site means the site at which the Site Host Load is consumed, including real property, facilities and equipment owned or operated by the Site Host or its Related Entities located at such site.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Approved Use means the use of the Project for the operation of a Healthcare Facility as a ___ ____ [insert type of facility] with __ __ [beds/units] [of which not less than __ ___ [beds/units] are [to be] in use] and such other uses as may be approved in writing from time to time by HUD based upon a request made by the Borrower, Operator, or Master Tenant, but excluding any uses that are discontinued with the written approval of HUD. Master Tenant shall ensure that use of the Healthcare Facility is in accordance with the Approved Use.

  • Franchise Fee means a direct or indirect payment to purchase or operate a franchise. Franchise fee does not include any of the following: