Common use of Transferable Franchise Areas; Material Consents Clause in Contracts

Transferable Franchise Areas; Material Consents. (i) The Franchise Areas covering at least ninety percent 90% of Subscribers shall have become Transferable Franchise Areas; (ii) subject to clause (i), the Material Consents (other than those that pertain solely to non-Transferable Franchise Areas or Retained Assets) shall have been obtained (other than those that pertain solely to non-Transferable Franchise Areas) or waived;

Appears in 2 contracts

Samples: Asset Purchase Agreement (Enstar Income Program Ii-1 Lp), Asset Purchase Agreement (Enstar Income Program Iv-2 Lp)

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Transferable Franchise Areas; Material Consents. (i) The Franchise Areas covering at least ninety percent 90% of Subscribers shall have become Transferable Franchise Areas; and (ii) subject to clause (i), the Material Consents issued by governmental authorities (other than those that pertain solely to non-Transferable Franchise Areas or Retained Assets) shall have been obtained (other than those that pertain solely to non-Transferable Franchise Areas) or waived;obtained.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Enstar Income Program Ii-1 Lp), Asset Purchase Agreement (Enstar Income Program Iv-2 Lp)

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Transferable Franchise Areas; Material Consents. (i) The Franchise Areas covering at least ninety percent (90% %) of Subscribers shall have become Transferable Franchise Areas; (ii) subject to clause the Franchise Areas set forth in Schedule 7.3 shall have become Transferable Franchise Areas; and (i), iii) the Material Consents issued by Governmental Authorities (other than those that pertain solely to non-Transferable Franchise Areas or Retained Assets) shall have been obtained (other than those that pertain solely to non-Transferable Franchise Areas) or waived;obtained.

Appears in 1 contract

Samples: Deposit Escrow Agreement (Enstar Income Program 1984-1 Lp)

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