Eligible Franchisee definition

Eligible Franchisee means a Franchisee (all of whose rental offices are located in the United States) which meets the normal credit and other approval criteria for Franchisees, and which may be an Affiliate of a Lessee.

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Eligible Franchisee means, with respect to a Lessee, a Franchisee (all of whose rental offices are located in the United States) which meets the normal credit and other approval criteria of such Lessee, as applicable, and which may be an affiliate of such Lessee.

Eligible Franchisee has the meaning given to it in Schedule 1 to the Base Indenture.

Examples of Eligible Franchisee in a sentence

• Vehicle use shall be confined primarily to the United States, with limited use outside the United States; provided, however, that the principal place of business or rental office of the Eligible Franchisee with respect to any Vehicles used outside the United States shall be located in the United States.

• Each Vehicle is or will be, as the case may be, on the Vehicle Lease Commencement Date with respect to such Vehicle, an Eligible Vehicle, and each Franchisee subleasing an Eligible Vehicle from a Lessee is or will be, as the case may be, on the sublease commencement date with respect to such Eligible Vehicle, an Eligible Franchisee.

• Payments received on the Eligible Franchisee Notes pledged pursuant to the Debt Pledge Agreements shall be subject to the terms of the Debt Pledge Agreement applicable thereto.

• The Company shall first pledge Company Franchisee Notes which constitute Eligible Franchisee Notes.

• Eligible Franchisee Notes pledged pursuant to this Section 6.13 shall be held by the Bank pursuant to the terms of the applicable Debt Pledge Agreement.

• Each Vehicle is or will be, as the case may be, on the Vehicle Lease Commencement Date with respect to such Vehicle, an Eligible Vehicle, and each Franchisee leasing an Eligible Vehicle from the Lessor is or will be, as the case may be, on the sublease commencement date with respect to such Eligible Vehicle, an Eligible Franchisee.

• Eligible Franchisees Each Vehicle is or will be on the Vehicle Lease Commencement Date for such Vehicle, an Eligible Vehicle, and each Franchisee leasing a Vehicle from the Lessor is or will be, as the case may be, an Eligible Franchisee on the date that the Sublease applicable to such Vehicle commences.

• Notwithstanding any such Lessee Agreement, the Lessee shall remain fully liable for its obligations under this Agreement and the other Related Documents (including any obligation hereunder or thereunder that it may cause any Eligible Franchisee to perform or fulfill).

More Definitions of Eligible Franchisee

Eligible Franchisee and "Franchise" in paragraph (b) of Article 2 of the Supplement are hereby amended in their entirety to read as follows:

Eligible Franchisee means a franchisee of a Lessee having rental offices located in the United States which meets the normal credit and other approval criteria of such Lessee, and which may be an Affiliate of such Lessee; provided that no Lessee shall permit any Eligible Franchisee to garage or lease Vehicles at offices outside of the United States.

Eligible Franchisee. Franchise", "Managing Agents", "Ownership Group" and "Series 2000-1 Program Enhancement Percentage" in paragraph (b) of Article 2 of the Supplement are hereby amended in their entirety to read as follows:

Eligible Franchisee. Exchange Account", "Exchange Agreement", "Exchange Assignment Agreement", "Exchange Financing Agreement", "Exchange Documents", "Exchange Lender", "Exchanged Vehicle", "Exchanged Vehicle Insurance Proceeds", "Exchanged Vehicle Repurchase Rights", "Lessee Agreements", "Non-Program Vehicle", "Retained Interest", "Retained Interest Amount", "Retained Interestholder", "Replacement Vehicle", "Sublease" and "Sublessee" by adding to the beginning of each such definition, after the word "means", the words ", in the case of any Series of Notes to which such term is applicable,". 20

Eligible Franchisee means a Franchisee having rental offices located in the United States which meets the normal credit and other approval criteria of National, and which may be an affiliate of National, provided that National shall not permit any Eligible Franchisee to garage or lease Vehicles at offices outside of the United States.

Eligible Franchisee means a Franchisee (all of whose rental offices are located in the United States) which meets the normal credit and other approval criteria of Thrifty, and which may be an affiliate of Thrifty.