Common use of Transfer by Franchisor Clause in Contracts

Transfer by Franchisor. This Agreement shall inure to the benefit ---------------------- of the successors and assigns of Franchisor. Franchisor shall have the right to transfer or assign its interest in this Agreement to any person, persons, partnership, association, corporation, or other entity. If Franchisor's assignee assumes all the obligations of Franchisor hereunder and sends Franchisee written notice of the assignment so attesting, Franchisee agrees promptly to execute a general release of Franchisor, and any affiliates of Franchisor, from claims or liabilities of Franchisor under this Agreement.

Appears in 4 contracts

Samples: Franchise Agreement (Afc Enterprises Inc), Franchise Agreement (Afc Enterprises Inc), Franchise Agreement (Afc Enterprises Inc)

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Transfer by Franchisor. This Agreement shall inure to the benefit ---------------------- of the successors and assigns of Franchisor. Franchisor shall have the right to transfer or assign its interest in this Agreement to any person, persons, partnership, association, or corporation, or other entity. If Franchisor's assignee assumes all the obligations of Franchisor hereunder and sends Franchisee written notice of the assignment so attesting, Franchisee Developer agrees promptly to execute a general release of Franchisor, and any affiliates of Franchisor, from claims or liabilities of Franchisor under this Agreement.

Appears in 3 contracts

Samples: Development Agreement (Afc Enterprises Inc), Development Agreement (Afc Enterprises Inc), Development Agreement (Afc Enterprises Inc)

Transfer by Franchisor. This Agreement shall inure to the benefit ---------------------- of the successors and assigns of Franchisor. Franchisor shall have the right to transfer or assign its interest in this Agreement to any person, persons, partnership, association, corporation, or other entity. If Franchisor's assignee assumes all the obligations of Franchisor hereunder and sends Franchisee written notice of the assignment so attesting, Franchisee agrees promptly to execute a general release of Franchisor, and any affiliates of Franchisor, from claims or liabilities of Franchisor under this Agreement.

Appears in 2 contracts

Samples: Franchise Agreement (Afc Enterprises Inc), Franchise Agreement (Afc Enterprises Inc)

Transfer by Franchisor. This Agreement shall inure to the benefit ---------------------- of the successors and assigns of Franchisor. Franchisor shall have the right right, without Developer's prior consent, to transfer or assign its interest in this Agreement to any person, persons, partnership, association, or corporation, or other entityand Developer agrees promptly to execute any documents requested by Franchisor in connection therewith. If Franchisor's assignee assumes all the obligations of Franchisor hereunder and sends Franchisee written notice of the assignment so attesting, Franchisee Developer agrees promptly to execute a general release of Franchisor, and any affiliates of Franchisor, from claims or liabilities of Franchisor under this Agreement.

Appears in 1 contract

Samples: Development Agreement (Afc Enterprises Inc)

Transfer by Franchisor. This Agreement shall inure to the benefit ---------------------- of the successors and assigns of Franchisor. Franchisor shall have the right right, without Franchisee's consent, to transfer or assign its interest in this Agreement to any person, persons, partnership, association, corporation, or other entityentity and Franchisee agrees promptly to execute any documents in connection therewith. If FranchisorXxxxxxxxxx's assignee assumes all the obligations of Franchisor hereunder and sends Franchisee written notice of the assignment so attesting, Franchisee Xxxxxxxxxx agrees promptly to execute a general release of Franchisor, and any affiliates of Franchisor, from claims or liabilities of Franchisor under this Agreement.

Appears in 1 contract

Samples: Franchise Agreement (Afc Enterprises Inc)

Transfer by Franchisor. This Agreement shall inure to the benefit ---------------------- of the successors and assigns of Franchisor. Franchisor shall have the right to transfer or assign its interest in this Agreement to any person, persons, partnership, association, or corporation, or other entity. If Franchisor's assignee assumes all the obligations of Franchisor hereunder and sends Franchisee written notice of the assignment so attesting, Franchisee Developer agrees promptly to execute a general release of Franchisor, and any affiliates of Franchisor, from claims or liabilities of Franchisor under this Agreement.

Appears in 1 contract

Samples: Development Agreement (Afc Enterprises Inc)

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Transfer by Franchisor. This Agreement shall inure to the benefit ---------------------- of the successors and assigns of Franchisor. Franchisor shall have the right right, without Franchisee's consent, to transfer or assign its interest in this Agreement to any person, persons, partnership, association, corporation, or other entityentity and Franchisee agrees promptly to execute any documents in connection therewith. If Franchisor's assignee assumes all the obligations of Franchisor hereunder and sends Franchisee written notice of the assignment so attesting, Franchisee agrees promptly to execute a general release of Franchisor, and any affiliates of Franchisor, from claims or liabilities of Franchisor under this Agreement.

Appears in 1 contract

Samples: Franchise Agreement (Afc Enterprises Inc)

Transfer by Franchisor. This Agreement shall inure to the benefit ---------------------- of the successors and assigns of Franchisor. Franchisor shall have the right right, without Franchisee's consent, to transfer or assign its interest in this Agreement to any person, persons, partnership, association, corporation, or other entityentity and Franchisee agrees promptly to execute any documents in connection therewith. If Franchisor's assignee assumes all the obligations of Franchisor hereunder and sends Franchisee written notice of the assignment so attesting, Franchisee agrees promptly to execute a general release of Franchisor, and any affiliates of Franchisor, from claims or liabilities of Franchisor under this Agreement.. <PAGE>

Appears in 1 contract

Samples: Franchise Agreement

Transfer by Franchisor. This Agreement shall inure to the benefit ---------------------- of the successors and assigns of Franchisor. Franchisor shall have the right to transfer or assign its interest in this Agreement to any person, persons, partnership, association, corporation, corporation or other entity. If Franchisor's ’s assignee assumes all of the obligations of Franchisor hereunder and sends Franchisee Developer written notice of the assignment so attesting, Franchisee Developer agrees promptly to execute a general release of Franchisor, and any affiliates of Franchisor, from claims or liabilities of Franchisor under this Agreement.

Appears in 1 contract

Samples: Development Agreement (Carrols Restaurant Group, Inc.)

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