Affiliated Franchisor definition

Affiliated Franchisor means any Franchisor that is an Affiliate of Borrower, any SPC Party or Guarantor.
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Affiliated Franchisor means any Franchisor which is an Affiliate of Mortgage Borrower, Senior Mezzanine Borrower, Borrower, Guarantor or Mortgage Principal.
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Affiliated Franchisor means any franchisor of the Property in which Borrower, Guarantor, Sponsor, any SPE Component Entity (if any) or any Affiliate of such entities has, directly or indirectly, any legal, beneficial or economic interest.
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Examples of Affiliated Franchisor in a sentence

  • Transfer and pledge restrictions under the Mezzanine Loan Documents apply to [Name of Sponsor entity], Borrower, Principal, Mortgage Borrower, Mortgage Principal and any Affiliated Manager or any shareholder, partner, member, non-member manager, any direct or indirect legal or beneficial owner of, Mortgage Borrower, Mortgage Principal, Principal, Borrower, any Guarantor, any Affiliated Manager, or any Pledgor, and Affiliated Franchisor or any non-member manager.


More Definitions of Affiliated Franchisor

Affiliated Franchisor means a person that is owned or controlled by a manufacturer with an unaffiliated franchisee anywhere in the state.
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Affiliated Franchisor means a person that is owned or controlled, wholly or in part, by a manufacturer with an unaffiliated franchisee anywhere in the United States.
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Affiliated Franchisor means any franchisor of the Property in which Borrower, Guarantor, Sponsor, Pledgor any SPE Component Entity (if any) or any Affiliate of such entities has, directly or indirectly, any legal, beneficial or economic interest (it being acknowledged and agreed that the definition of Affiliated Franchisor hereunder shall not include any entity in which Borrower, Guarantor, Sponsor, Pledgor any SPE Component Entity (if any) or any Affiliate of such entities has a legal, beneficial or economic interest of less than five percent (5%), provided that (i) the common stock of such Affiliated Franchisor is publicly traded on the New York Stock Exchange or another nationally recognized stock exchange and (ii) Borrower, Guarantor, Sponsor, Pledgor any SPE Component Entity (if any) or any Affiliate of such entities does not Control such Affiliated Franchisor). “Affiliated Manager” shall mean any managing agent of the Property in which Xxxxxxxx, Guarantor, Sponsor, Pledgor any SPE Component Entity (if any) or any Affiliate of such entities has, directly or indirectly, any legal, beneficial or economic interest (it being acknowledged and agreed that the definition of Affiliated Manager hereunder shall not include any entity in which Borrower, Guarantor, Sponsor, Pledgor, any SPE Component Entity (if any) or any Affiliate of such entities has a legal, beneficial or economic interest of less than five percent (5%), provided that (i) the common stock of such Affiliated Manager is publicly traded on the New York Stock Exchange or another nationally recognized stock exchange and (ii) Borrower, Guarantor, Sponsor, Pledgor, any SPE Component Entity (if any) or any Affiliate of such entities does not Control such Affiliated Manager). “Agent” shall have the meaning set forth in the preamble. “Agent Indemnitee” shall have the meaning assigned to such term in Section 18.6. “Agent Fee Letter” means either that certain Fee Letter dated as of the date hereof, between Borrower and Agent, as may be amended, restated, replaced, supplemented or otherwise modified from time to time, or the exhibit to a servicing agreement between Lender and Agent, describing Agent’s fees payable hereunder. “Allocated Loan Amount” shall mean, individually, either the Hilton Allocated Loan Amount, the Crowne Plaza Allocated Loan Amount or the Holiday Inn Allocated Loan Amount. “ALTA” shall mean American Land Title Association, or any successor thereto.
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Related to Affiliated Franchisor

  • Franchisor means Marriott International, Inc.

  • Franchisee means a person to whom a franchise is granted.

  • Affiliated Manager means any managing agent of the Property in which Borrower, Guarantor, Sponsor, any SPE Component Entity (if any) or any Affiliate of such entities has, directly or indirectly, any legal, beneficial or economic interest.

  • Affiliated Entity means any entity controlling, controlled by, or under common control with an Insured.

  • Affiliated Funds are any fund of Xxxx Xxxxxxx Trust (“JHVIT”), Xxxx Xxxxxxx Funds II (“JHF II”) or Xxxx Xxxxxxx Funds III (“JHF III”), excluding the following funds of JHVIT: the Money Market Trust B, 500 Index Trust B, International Equity Index Trust B and Total Bond Market Trust B.

  • Affiliated Entities means any legal entity, including any corporation, limited liability company, partnership, not-for-profit corporation, estate planning vehicle or trust, which is directly or indirectly owned or controlled by the Stockholder or his or her descendants or spouse, of which such Stockholder or his or her descendants or spouse are beneficial owners, or which is under joint control or ownership with any other person or entity subject to a lock-up agreement regarding the Common Stock with terms substantially identical to this Agreement.

  • Subfranchisor means a person who is granted a master franchise.

  • Affiliated Party means, with respect to any Purchaser, any person or entity which, directly or indirectly, controls, is controlled by or is under common control with such Purchaser, including, without limitation, any general partner, officer or director of such Purchaser and any venture capital fund now or hereafter existing which is controlled by one or more general partners of, or shares the same management company as, such Purchaser.

  • Affiliated Club means a football club affiliated with the League whose application for Membership has been approved in accordance with the Statement of Rules.

  • Affiliated Fund means with respect to any Investors, each corporation, trust, limited liability company, general or limited partnership or other entity under common control with that Investor (including any such entity with the same general partner or principal investment advisor as that Investor or with a general partner or principal investment advisor that is an Affiliate of the general partner or principal investment advisor of that Investor).

  • Affiliate means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified.

  • Affiliated has a correlative meaning.

  • Controlled Affiliates means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, has Majority Control of or is Majority Controlled by or is under common Majority Control with the Person specified.

  • Affiliated Persons or "AFFILIATES" means

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • BHC Affiliate has the meaning assigned to the term “affiliate” in, and shall be interpreted in accordance with, 12 U.S.C. §1841(k).

  • Affiliated Company means any company controlled by, controlling or under common control with the Company.

  • Tenant Affiliate means and refer to any partnership, limited liability company, or corporation or other entity, which, directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, Tenant.

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • Downstream Affiliate means an entity whose outstanding Voting Shares were, at the date of issuance of the Qualifying Guarantee, more than 50 per cent. owned, directly or indirectly, by the Reference Entity.

  • Excluded Affiliates means, collectively, any Affiliates of any of the Lead Arrangers that are engaged as principals primarily in private equity, mezzanine financing or venture capital.

  • Affiliated employee means any individual employed by a recipient who receives compensation directly from government assistance or a contract with the District of Columbia government, including any employee of a contractor or subcontractor of a recipient who performs services pursuant to government assistance or a contract. The term “affiliated employee” does not include those individuals who perform only intermittent or incidental services with respect to the government assistance or contract, or who are otherwise employed by the contractor, recipient or subcontractor.

  • Competitor means any individual, corporation, partnership or other entity that engages in (or that owns a significant interest in any corporation, partnership or other entity that engages in) any business conducted by the Company or any of its Affiliates.

  • Liquor store means a retailer, as defined in section 111 of the Michigan liquor control code of 1998, 1998 PA 58, MCL 436.1111, that is exclusively or primarily engaged in the sale of alcoholic liquor. The term does not include a retailer that is a retail food store.

  • Private Business Use means use (directly or indirectly) in a trade or business or activity carried on by any Private Person (other than a Tax-Exempt Organization) other than use as a member of, and on the same basis as, the general public.

  • Outside Entity means any: