Sale or Transfer of Franchise Sample Clauses

Sale or Transfer of Franchise. A. Grantee shall provide at least sixty days notice to Grantor in the event the Franchise is to be sold, assigned or otherwise transferred.
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Sale or Transfer of Franchise. The Company shall not sell, lease, convey or otherwise transfer or assign the franchise created by this Agreement unless the sale or transfer is to a purchaser or transferee approved in advance and in writing by the Town. Such approval shall not be unreasonably withheld and, if so granted, this franchise shall be binding upon and inure to the benefit of said purchaser or transferee. No transfer shall be approved unless the purchaser or transferee has at least the legal, technical, financial, and other requisite qualifications to carry out the activities of the Company as it relates to this franchise. Any sale, lease, conveyance, transfer or assignment of this franchise without the prior written consent of the Town shall be void and result in revocation of the franchise.
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Sale or Transfer of Franchise a. Neither the Grantee nor any other Person may, sell, transfer or assign the Cable System or the Franchise without the prior written consent of the County, which consent shall not be unreasonably withheld. No change in control of the Grantee shall take place without the prior written consent of the County, which consent shall not be unreasonably withheld. The term “change of control” is not limited to majority stock ownership, but includes actual working control in whatever manner exercised. No consent shall be required, however, for (i) a transfer in trust, by mortgage, hypothecation, or by assignment of any rights, title, or interest of the Grantee in the Franchise or in the Cable System in order to secure indebtedness, or (ii) a transfer to an entity directly or indirectly owned or controlled by Grantee.
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Sale or Transfer of Franchise. 6.03.01. The Franchise shall not be assigned or transferred either in whole or in part or leased, sublet, or mortgaged in any manner, nor shall title to the franchise, either legal or equitable, or any right, interest, or property in the franchise pass to or vest in any person either by the act of a Grantee or by operation of law without the consent of the City Council which shall not be unreasonably withheld. The granting, giving, or waiving of any one or more of such consents shall not render unnecessary any subsequent consent or consents. All of the rights, privileges, obligations, duties, and liabilities created by this Franchise shall pass to and be binding upon the successor or assign of Grantee. Notwithstanding the foregoing, no approval shall be required for (i) a transfer or assignment of any right, title or interest of Grantee in this Franchise or the Fiber Optic Network Facilities to secure indebtedness, or (ii) a transfer or assignment of this Franchise or the Fiber Optic Network Facilities to an entity that through one or more intermediaries, owns or controls, or is owned or controlled by, or under common ownership or control with, Grantee.
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Related to Sale or Transfer of Franchise

  • Assignment or Transfer of Agreement (a) The Subscriber shall not assign, transfer, sublicense or provide as collateral, or otherwise dispose of the right to receive the SORACOM Air Global Service or the SORACOM System (defined in Section 12.1) under the Agreement. However, only in the case that SORACOM Air Global Service channel is in “Ready” status in the SORACOM System, the Subscriber may assign the right to receive the SORACOM Air Global Service using such channel to third party who holds a SORACOM Account by prescribed operation via the SORACOM Console (defined below). In this case, such third party shall succeed to the status of the Subscriber under this Agreement (including the obligations of the Subscriber) and the Subscriber shall be jointly and severally liable for the obligations of such third party under the Agreement with such third party.

  • Transfer of Membership Membership shall not be transferred except with the approval and consent of the Board of Managers and in accordance with the Capital Units Transfer System.

  • Transfer of Membership Interest The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”) now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.

  • Transfer of Funds From such funds as may be available for the purpose in the relevant Fund Custody Account, and upon receipt of Proper Instructions specifying that the funds are required to redeem Shares of the Fund, the Custodian shall wire each amount specified in such Proper Instructions to or through such bank or broker-dealer as the Trust may designate.

  • Transfer of Business Where a transfer of business occurs, an Employee who worked with the old employer and who continues in the service of the new employer will be entitled to count her/his service with the old employer as service with the new employer for the purposes of this clause.

  • Transfer of Rights This Agreement shall be binding on any successors of the parties. Neither party shall have the right to assign its interests in this Agreement to any other party, unless the prior written consent of the other party is obtained.

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