Former Franchisee definition

Former Franchisee means a new motor vehicle dealer that
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Former Franchisee means a new motor vehicle dealer that has entered into a franchise with a predecessor manufacturer and that has either: (i) entered into a termination agreement or deferred
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Former Franchisee means a new motor vehicle dealer that has entered into a franchise with a predecessor manufacturer and that has either:
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Examples of Former Franchisee in a sentence

  • Upon termination or expiration of the franchise agreement between Liberty and any Franchisee (a “Former Franchisee”), Area Developer will assist Liberty in enforcing the post termination obligations set forth in its franchise agreement with that Former Franchisee (“Post Termination Obligations”), but Area Developer will have no duty to initiate court or other legal proceeding.

  • Factors that will detract from a Former Franchisee’s entitlement to receive the $20,000 maximum amount of compensation include the amount owed by the Former Franchisee at the time of termination, whether the Former Franchisee signed a release of all claims against any of the Corporate Defendants and whether the Former Franchisee is or was an employee of the Corporate Defendants.

  • A Former Franchisee who selects Option B will receive a Release as described in paragraph 6.2 hereof and will be eligible to receive an amount of compensation not to exceed $20,000 for each franchise operated under a separate franchise agreement for which he elects Option B.

  • Appliance Alliance, LLC, Brent Turley and Minena Turley Northern District of Illinois 05/19/2015 1:15-CV-04414 Former Franchisee Defendants breached 6 franchise agreements with Sears Authorized Hometown Stores, LLC and Sears Home Appliance Showrooms, LLC by failing to make timely payments to their employees and landlord and by failing to comply with their financial reporting obligations.

  • Upon termination or expiration of the franchise agreement with Liberty of any Franchisee (each, a “Former Franchisee”), Area Developer will assist Liberty in enforcing the “Post Termination Obligations” set forth in its franchise agreement with that Former Franchisee, but Area Developer will have no duty to initiate a court or other legal proceeding.

  • Franchisee terminated the franchise after 3 years with a Weekly Paid Sales Average of $3,500 and a Former Franchisee Loss of $10,000.

  • They have studied three main factors as the risky ones from consumer’s point of view to deploy online escrow services in their transactions.

  • If you are a Class member and Former Franchisee, to make a claim for compensation under Option A of the Settlement Agreement you must complete the attached Claim Form, and send it along with any additional information required by the form by regular or express mail to the address listed on the Claim Form.

  • If Former Franchisee signed a release, apply a 60% reduction to the aggregate amount calculated from Items 1 through 4.

  • Appendix 4: The Case for Negative Gearing Property Council of AustraliaReport on the Argunents for the Retention of Negative Gearing October 1999 IntroductionThe introduction of restrictions on negative gearing would be inequitable in terms of both horizontal and vertical equity, as they would disproportionately impact the average investor, rather than high-wealth individuals.


More Definitions of Former Franchisee

Former Franchisee is a Franchisee who has sent in a notice to terminate or has been sent a letter of termination or has otherwise terminated by April 18, 2006 and has checked in prior to May 30, 2006. “Current Franchisee” is a Franchisee who is not a Former Franchisee. An individual or entity may be a Former Franchisee as to a particular franchise or franchises and be a Current Franchisee as to another franchise or franchises.
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Related to Former Franchisee

  • Company Affiliate means any entity controlled by, in control of, or under common control with, the Company.

  • Customer Affiliate means an entity that owns or controls, is owned or controlled by or is or under common control or ownership with Customer, where control is defined as the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of an entity, whether through ownership of voting securities, by contract or otherwise;

  • Company Group Member means each member of the Company Group.

  • Contractor employee means prime Contractor and subcontractor employees who require agency access to perform work under a CMS contract.

  • Company Group means the Company and its Subsidiaries.

  • Gaming employee means any person

  • Promoter Group means such persons and entities constituting the promoter group as per Regulation 2(1)(pp) of the SEBI ICDR Regulations.

  • Business enterprise means any corporation, partnership, limited liability company, sole proprietorship, joint venture or other business association or entity (other than the Company) engaged in the business of publishing national and regional publications and development of technology that serves the needs of online and print publishers and their advertisers in the Market Area;

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Non-Party Affiliates has the meaning set forth in Section 10.15.

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Prospective Client means any person or entity to which the Corporation, or any of its Subsidiaries, provided, or from which the Corporation, or any of its Subsidiaries received, a proposal, bid, or written inquiry (general advertising or promotional materials and mass mailings excepted) and with which the Participant had contact, or about which the Participant had access to Confidential Information, during the last twelve (12) months of his or her employment.

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.