Common use of New Successor Addendum Clause in Contracts

New Successor Addendum. Retailer may cancel an executed successor addendum in writing at any time prior to the death or incapacity of a Principal Owner. The Company may cancel an executed successor addendum only if the proposed Principal Owner(s) no longer meets the selection criteria to become an Authorized Retailer. The parties may execute a superseding successor addendum by agreement.

New Successor Addendum. The Retailer may cancel an executed successor addendum in writing Successor Addendum at any time prior to the death or incapacity of a Principal Ownerthe Retailer Operator. The Company However, the Franchisor may cancel an executed successor addendum Successor Addendum only if the proposed Principal Owner(sretailer operator or proposed investor(s) no longer meets meet the selection criteria Retailer Selection Criteria applicable to become an Authorized Retailereach. The parties may execute a superseding successor addendum Successor Addendum by agreement.

New Successor Addendum. Retailer may cancel an executed successor addendum in writing Successor Addendum at any time prior to the death or incapacity of a Principal Ownerthe Retailer Operator. The Company DMW may cancel an executed successor addendum Successor Addendum only if the proposed Principal Retailer Operator or proposed Owner(s) no longer meets meet the selection criteria Retailer Selection Criteria applicable to become an Authorized Retailereach. The parties may execute a superseding successor addendum Successor Addendum by agreement.