Conditions for Approval of Transfer. If Franchisee and its owners are in full compliance with this Agreement, Company shall not unreasonably withhold its approval of a transfer that meets all the applicable requirements of this Section 12.04. The proposed transferee or its owner must be an individual of good moral character and otherwise meet Company's then applicable standards for franchisees. A transfer of ownership in the Residence licensed under this Agreement may only be made in conjunction with a transfer of this Agreement. If the transfer is of a controlling interest in Franchisee, or is one (1) of a series of transfers which in the aggregate constitute the transfer of a controlling interest in Franchisee, as a bare minimum, and without in any way limiting its discretion, Company may require prior to its consent that all of the following conditions must be satisfied prior to, or concurrently with, the effective date of the transfer: (i) the transferee must have sufficient business experience, aptitude, and financial resources to develop the Premises and operate the Residence; (ii) all obligations of Franchisee and its owner incurred in connection with this Agreement and the Franchise granted hereby must be assumed by the transferee; (iii) Franchisee must pay all Continuing Royalties, marketing contributions, termination payments, amounts owed for purchases by Franchisee from Company and its affiliates, and any other amounts of whatever nature owed to Company or its affiliates which are then due and unpaid; (iv) the transferee or its designated Directors and all new Directors as specified in ARTICLE III of this Agreement must have successfully completed Company's training program; (v) the lessors of the Premises must have consented to the assignment or sublease of the Premises to the transferee; (vi) the transferee must agree to be bound by all terms and conditions of this Agreement; (vii) Franchisee or the transferee must reimburse Company for all training and other expenses (including legal fees) reasonably incurred by Company in connection with the transfer; (viii) Franchisee and its transferring owner must execute a general release, in form satisfactory to Company, of any and all claims against Company, its affiliates and their officers, directors, employees and agents; (ix) Company must approve the material terms and conditions of the transfer, including, without limitation, a determination that the price and terms of payment are not so burdensome as to adversely affect the future ...
Conditions for Approval of Transfer. If the Marketer (and its officers, directors, managers, owners and equivalents if the Marketer is an entity) are in full compliance with this Agreement, the Franchisor shall not unreasonably withhold its approval of a transfer that meets all the applicable requirements of this Section. The proposed transferee and its officers, directors, managers and owners must be individuals of good moral character and otherwise meet the Franchisor's then applicable standards for area marketers. If the transfer is of this Agreement, a 30% or more ("Controlling Interest") interest in the Marketer, or all or a substantial portion of the assets of the Business, or is one of a series of transfers which in the aggregate constitute the transfer of this Agreement, a Controlling Interest in the Marketer or all or a substantial portion of the assets of the Business, all of the following conditions must be met prior to or concurrently with the effective date of the transfer:
Conditions for Approval of Transfer. If Distributor (and its owners) are in full compliance with this Agreement, the Company shall not unreasonably withhold its approval of a transfer that meets all the applicable requirements of this Paragraph. (1) The proposed transferee and its owners must be individuals of good moral character and otherwise meet the Company's then applicable standards for National Supply Network Distributorship franchisees. (2) The Company may withhold approval of the transfer if the proposed transferee's customer base conflicts with those of other Distributors of the Company. (3) Distributor or the transferee shall pay the Company prior to the consummation of the assignment a transfer fee equal to the greater of: Two Thousand Dollars ($2,000.00) or one-half the then-current initial Franchise Fee. (4) The location of the proposed transferee is the same location of Distributor, unless the Company in its sole discretion consents to a new location for the transferee. 14.
Conditions for Approval of Transfer. If you (and your owners) are substantially complying with this Agreement, then, subject to the other provisions of this Section 8, we will approve a transfer that meets all of the requirements in this Section 8C. A non-Controlling Ownership Interest in you or your owners (determined as of the date on which the proposed transfer will occur) may be transferred if the proposed transferee and its direct and indirect owners (if the transferee is a legal entity) are of good character and otherwise meet our then applicable standards for owners of Hyatt Place Hotel franchisees. You also must pay us Seven Thousand Five Hundred Dollars ($7,500) for processing and related costs we incur. If the proposed transfer is of this Agreement or a Controlling Ownership Interest in you or one of your owners, or is one of a series of transfers (regardless of the time period over which these transfers take place) that in the aggregate transfer this Agreement or a Controlling Ownership Interest in you or one of your owners, then all of the following conditions must be met before or concurrently with the effective date of the transfer:
Conditions for Approval of Transfer. If you (and your owners) are substantially complying with this Agreement, then, subject to the other provisions of this Section 8, we will approve a transfer that meets all of the requirements in this Section 8.C. You must pay us Two Thousand Five Hundred Dollars ($2,500) for processing and related costs we incur. In the event of a transfer to one of your affiliates of this Agreement (or any interest in this Agreement), a Controlling Ownership Interest in the Hotel or substantially all of the assets of the Hotel, or a Controlling Ownership Interest in you or your owners, we will waive the $2,500 processing fee. If the proposed transfer requires our prior written approval pursuant to Section 8.B. above, then all of the following conditions must be met before or concurrently with the effective date of the transfer:
Conditions for Approval of Transfer. If you and your Principal Owners are in full compliance with this Agreement, we will not unreasonably withhold our approval of a Transfer that meets all the applicable requirements of this Section 14. The person or entity to whom you wish to make the Transfer, or its principal owners (“Proposed New Owner”), must be individuals of good moral character and otherwise meet our then-applicable standards for The Joint Corp. Location franchisees. If you propose to Transfer this Agreement, the Franchise or its assets, or any Interest, or if any of your Principal Owners proposes to Transfer a controlling Interest in you or make a Transfer that is one of a series of Transfers which taken together would constitute the Transfer of a controlling Interest in you, then all of the following conditions must be met before or at the time of the Transfer:
Conditions for Approval of Transfer. If you (and your owners) are in full compliance with this Agreement, then subject to the other provisions of this section , we will approve a transfer that meets all the applicable requirements of this section. The proposed transferee and its direct and indirect owners must be individuals of good character and otherwise meet our then applicable standards for EVOS® Restaurant franchise owners. A transfer of ownership, possession or control of the Restaurant may be made only in conjunction with a transfer of this Agreement. If the transfer is of this Agreement or a controlling interest in you, or is one of a series of transfers which in the aggregate constitute the transfer of this Agreement or a controlling interest in you, all of the following conditions must be met prior to or concurrently with the effective date of the transfer:
Conditions for Approval of Transfer. If you (and your owners) are in full compliance with this Agreement, then subject to the other provisions of this Section 18, we will approve a transfer that meets all the applicable requirements of this Section. The proposed transferee and its direct and indirect owners must be individuals of good character and otherwise meet our then applicable standards for WOB Tavern franchisees. A transfer of ownership, possession or control of the WOB Tavern may be made only in conjunction with a transfer of this Agreement. If the transfer is of this Agreement or a controlling interest in you, or is one of a series of transfers which in the aggregate constitute the transfer of this Agreement or a controlling interest in you, all of the following conditions must be met prior to or concurrently with the effective date of the transfer:
Conditions for Approval of Transfer. If you are fully complying with this Agreement, then, subject to the other provisions of this Section 13, we will not unreasonably withhold our approval of a transfer that meets all the applicable requirements of this Agreement. The proposed transferee must be an individual of good character (preferably an existing distributor with a current account history with us, in our sole discretion) and otherwise meet our then applicable standards and criteria for new owners of Franchised Distributorships. If the transfer is of this Agreement or a controlling interest in the Franchised Distributorship, or is one of a series of transfers (regardless of the period of time over which these transfers take place) which taken together would constitute the transfer of this Agreement or a controlling interest in the Franchised Distributorship, we may impose additional conditions. The conditions that we may require you and/or the transferees (as applicable) to satisfy before, or concurrently with, the effective date of the transfer are:
Conditions for Approval of Transfer. If the Transfer is of this Agreement or Control, or is one of a series of Transfers (regardless of the time period over which such Transfers occur) which in the aggregate constitute the Transfer of this Agreement or Control of Franchisee, Franchisor will approve a Transfer only if all of the following conditions are met prior to or concurrently with the proposed effective date of the Transfer:
