Approval of Franchise Authorities. Seller shall use its commercially reasonable efforts to obtain the consent of the applicable franchisors to the transfer to Buyer of all of the Franchises. Seller shall use commercially reasonable efforts to obtain a certificate from each franchisor certifying that: (a) the Franchise was properly granted; (b) the Franchise was properly extended (if applicable);
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Cable Tv Fund 11-B LTD), Purchase and Sale Agreement (Cable Tv Fund 11-B LTD)
Approval of Franchise Authorities. Seller shall use its commercially reasonable efforts to obtain the consent of the applicable franchisors to the transfer to Buyer (and subsequently by Buyer to its affiliates) of all of the Franchises. Seller shall use commercially reasonable efforts to obtain a certificate from each franchisor certifying that: (a) the Franchise was properly granted; (b) the Franchise was properly extended (if applicable);reasonable
Appears in 1 contract
Samples: Agreement (Olympus Capital Corp)
Approval of Franchise Authorities. Seller shall use its commercially --------------------------------- reasonable efforts to obtain the consent of the applicable franchisors to the transfer to Buyer (and subsequently by Buyer to its affiliates) of all of the Franchises. Seller shall use commercially reasonable efforts to obtain a certificate from each franchisor certifying that: (a) the Franchise was properly granted; (b) the Franchise was properly extended (if applicable);franchisor
Appears in 1 contract
Samples: Agreement (Cable Tv Fund 12-a LTD)
