Change of Ownership Application definition

Change of Ownership Application means the application that is submitted to us by you or the Transferee for a new franchise agreement in connection with a Change of Ownership Transfer.
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Change of Ownership Application means the application submitted to us by you or the Transferee Licensee for a new franchise license agreement in connection with a Change of Ownership Transfer.
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Change of Ownership Application means an application—
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Examples of Change of Ownership Application in a sentence

  • We will process the Change of Ownership Application in accordance with our then current procedures, including review of criteria and requirements regarding upgrading of the Hotel, credit, background investigation, operations abilities and capabilities, prior business dealings, market feasibility, guarantees, and other factors we consider relevant.

  • If we do not approve the Change of Ownership Application, we will refund the application fee, less Two Thousand Five Hundred Dollars ($2,500) for processing costs.

  • If there is a proposed Change of Ownership and the proposed owner desires to continue to operate the Hotel as a System hotel, the proposed owner must submit to us a complete application for a new franchise license agreement (the "Change of Ownership Application") accompanied by payment of our then prevailing application fee.

  • If we approve the Change of Ownership Application, the new owner will then be required to pay any other applicable fees and charges we then impose for new franchise licenses.

  • The Transferee Licensee must submit to us a Change of Ownership Application accompanied by payment of our then prevailing development services fee.

  • If we do not approve the Change of Ownership Application, we will refund the development services fee, less Seven Thousand Five Hundred Dollars ($7,500) for processing costs.

  • We will process the Change of Ownership Application in accordance with our then current procedures, including review of criteria and requirements regarding upgrading of the Hotel, credit, background investigation, operations abilities and capabilities, prior business dealings, market feasibility, guarantees, and other factors we consider relevant in our business judgment.

  • If you are remaining as Licensee, with a change of Control, you or the transferee Equity Owner(s) must submit the Change of Ownership Application and pay the fee.

  • If we approve the Change of Ownership Application, we may require the Transferee Licensee to pay any other applicable fees and charges we then impose for new Licensed Brand franchise licenses.

  • If Hyatt does not approve the Change of Ownership Application and consent to the proposed Control Transfer, Hyatt will refund any application fee paid, less Seven Thousand Five Hundred Dollars ($7,500) for processing costs.


More Definitions of Change of Ownership Application

Change of Ownership Application means an application pursuant to regulation 26;
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Related to Change of Ownership Application

  • Change of Ownership means a change in the individual or legal organization that is responsible for the operation of a nursing facility. Change of ownership does not include changes in personnel, e.g., a change of administrators. Events that change ownership include, but are not limited to, the following:

  • Certificate of ownership means a paper or an electronic

  • Change in Ownership means change of ownership of the Bidder/Member in a Bidding Consortium by way of merger/ acquisition/ amalgamation/ reorganisation/ consolidation/ demerger;

  • Transfer Application means an application and agreement for transfer of Units in the form set forth on the back of a Certificate or in a form substantially to the same effect in a separate instrument.

  • Creation Application means an application by a Participating Dealer for the creation and issue of Units in an Application Unit size (or whole multiples thereof) in accordance with the Operating Guidelines and the Trust Deed.

  • Uniform application means the current version of the national association of insurance commissioners uniform application for resident and nonresident insurance producer licensing.

  • Mobile Application means a specialized software program downloaded onto a wireless communication device.

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.

  • Initial application means the Application first provided to MFA on or before an Application Deadline to request an allocation of Tax Credits.

  • CAFRA Planning Map means the map used by the Department to identify the location of Coastal Planning Areas, CAFRA centers, CAFRA cores, and CAFRA nodes. The CAFRA Planning Map is available on the Department's Geographic Information System (GIS).

  • Land use application means an application required by a municipality's land use

  • Child with special needs means a child with one or more of the following conditions:

  • Land application means the spraying or spreading of sewage sludge onto the land surface, the injection of sewage sludge below the land surface, or the incorporation of sewage sludge into the soil for the purposes of conditioning the soil or fertilizing crops or vegetation grown in the soil.

  • Receipt of surrender of ownership documents means the receipt of surrender of

  • Change in Use means altering the purpose of an existing room, within the facility, that requires structural changes.

  • Common ownership means the same or substantially similar persons or entities that maintain a