Corporate Franchise definition

Corporate Franchise means the right or privilege granted by the state or government to the Person forming a corporation, and their successors, to exist and do business as a corporation and to exercise the rights and powers incidental to that form of organization or necessarily implied in the grant.
Corporate Franchise or “Corporate Franchisee” shall mean a Person authorized directly by Block Services (or an Affiliate of Block Services) pursuant to a corporate franchise agreement to operate a Block Office. Corporate Franchise or Corporate Franchisee does not include a Person authorized by a major franchise agreement between a Major Franchisee and Block Services, or an Affiliate of Block Services, to operate a Block Franchise and to subfranchise others to operate a Block Franchise within a specified territory, or a subfranchisee of a Major Franchisee.
Corporate Franchise does not include a Person authorized by a Major Franchise Agreement with Block Services (or an Affiliate of Block Services) to operate a Block Franchise and subfranchise others to operate a Block Franchise within a specified territory, or a subfranchisee of a Major Franchisee.

Examples of Corporate Franchise in a sentence

  • CONTRACTOR has certified that it is not delinquent in payments or obligations due or owing for state franchise taxes by executing the form entitled "Texas Corporate Franchise Tax Certification" contained in its Proposal.

  • The Settling Parties agree that Great Oaks shall utilize the last-authorized California Corporate Franchise Tax when calculating Federal Income Taxes for ratesetting purposes for all rate years, effective July 1, 2022.

  • Block Services shall have no obligation to Tax Masters as servicer for the RAL Originator if the failure of collection is due to either a RAL Customer or a Corporate Franchise giving Block Services inaccurate Information.

  • Block Services shall be responsible for accurately transmitting to Tax Masters on behalf of Block Offices which use Block Services to transmit such RAL Applications to Tax Masters as servicer for the RAL Originator all material information contained in the RAL Application including without limitation social security numbers ("Information"), as received from the RAL Customer or the Corporate Franchise.

  • Block Services shall use reasonable good faith efforts to cause Tax Masters to be the facilitator of RALs and RACs for 100% of the Corporate Franchises, but Block Services cannot assure or guarantee that any such Corporate Franchise will use a particular RAL and RAC facilitator.

  • System Location: Records are maintained at VA regional offices, VA centers, the VA Records Management Center (RMC), St. Louis, Missouri, the Data Processing Center at ▇▇▇▇▇, Illinois, the Corporate Franchise Data Center in Austin, Texas, the Information Technology Center at Philadelphia, PA., and Terremark Worldwide, Inc., Federal Hosting Facilities in ▇▇▇▇▇▇▇▇▇, VA, and Miami FL.

  • FT = Corporate Franchise Tax based on preceding year's Inter-Transmission Investment expressed as a decimal of Inter-Trans-mission Investment (Section 20.02).

  • Federal income tax expense will be calculated by deducting current−year California Corporate Franchise Taxes (CCFT) from federally taxable income.

  • Proposed assessment against ▇▇▇▇▇▇'▇ Jazz Finance Corp., a Delaware corporation ("HJFC"), of Louisiana Corporate Franchise Taxes, interest and penalties pursuant to a Notice of Proposed Assessment dated March 17, 1997 and Proofs of Claim in the HJFC bankruptcy case.

  • Texas Corporate Franchise Taxes: Pursuant to Article 2.45, Texas Business Corporation Act, State agencies may not award grants to for-profit corporations that are delinquent in making state franchise tax payments.


More Definitions of Corporate Franchise

Corporate Franchise or "Corporate Franchisee" shall mean a Person authorized directly by Block Services (or an Affiliate of Block Services) pursuant to a corporate franchise agreement to operate a Block Office. Corporate Franchise or Corporate Franchisee does not include a Person authorized by a major franchise agreement between a Major Franchisee and Block Services, or an Affiliate of Block Services, to operate a Block Franchise and to subfranchise others to operate a Block Franchise within a specified territory, or a subfranchisee of a Major Franchisee.
Corporate Franchise means a Person authorized by Block Services (or an Affiliate of Block Services) pursuant to a corporate franchise agreement to operate a Block Franchise. "Corporate Franchise" does not include a Person authorized by a Major Franchise Agreement with Block Services (or an Affiliate of Block Services) to operate a Block Franchise and subfranchise others to operate a Block Franchise within a specified territory, or a subfranchisee of a Major Franchisee.
Corporate Franchise means the right or privilege granted by the state or government to the Person forming a corporation, and their successors, to exist and do business as a corporation and to
Corporate Franchise means a Person authorized by Block Services (or an Affiliate of Block Services) pursuant to a corporate franchise agreement to operate a Block Franchise. "Corporate Franchise" does not include a Person authorized by a Major Franchise Agreement with Block Services (or an Affiliate of Block Services) to operate a Block Franchise and subfranchise others to
Corporate Franchise means the right or privilege granted by the state or government to the Person forming a corporation, and their successors, to exist and do business as a corporation and to exercise the rights and powers incidental to that form of organization or necessarily implied in the grant. “Covered Entity” has the meaning specified in Section 10.21(b). “Credit Documents” means this Agreement, including schedules and exhibits hereto, the Notes, the Fee Letters, the Collateral Documents, and each other agreement, instrument or document executed by the Borrower or any Guarantor at any time in connection with this Agreement and any amendments, modifications or supplements hereto or to any other Credit Document or waivers hereof or to any other Credit Document. “Debt” means, in the case of any Person, without duplication, (i) indebtedness of such Person for borrowed money, (ii) obligations of such Person evidenced by bonds, debentures, notes or other similar instruments, (iii) Capitalized Lease Obligations, and (iv) obligations of such Person under or relating to letters of credit or guaranties in respect of, and obligations (contingent or otherwise) to purchase or otherwise acquire, or otherwise to assure a creditor against loss in respect of, indebtedness or obligations of others of the kinds referred to in clauses (i) through (iii) of this definition. For the purposes of this Agreement, the term Debt shall not 7 122723226_17