Common use of Manufacturer Approval Clause in Contracts

Manufacturer Approval. Manufacturer issuing to NewCo new sales and service agreements, or commitment therefor, on terms and conditions reasonably acceptable to LMP, approving LMP’s and NewCo’ owners and operators, permitting NewCo to operate the Dealership at the Property as Contributor has operated in the past.

Manufacturer Approval. Manufacturer issuing to NewCo NewCos new sales and service agreements, or commitment therefor, on terms and conditions reasonably acceptable to LMP, approving LMP’s and NewCoNewCos’ owners and operators, permitting NewCo NewCos to operate the Dealership Dealerships at the Property as Contributor has Contributors have operated in the past.