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.

  • Except as set forth on Section 4.18(d) of the Disclosure Schedules, to the Knowledge of the Company, no current Franchisee or Former Franchisee has materially violated any applicable Laws in connection with the operation of its franchise in the past four years.

  • 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.

  • All Former Franchisee Class Members who do not opt out or are not otherwise excluded from the Settlement shall receive debt forgiveness as more particularly described in Section 6.2.

  • 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.

  • 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.

  • As of the date of this Agreement, to the Knowledge of the Company, there is no Former Franchisee that is not in material compliance with its respective covenants against competition and any other material obligations that survive the termination or other cessation of its respective Franchise Agreement.

  • 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.

  • 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.

  • Patel, Dasharath Patel, and Apeksha Patel Cook County Circuit Court of Illinois 01/24/2015 15L825 Former Franchisee Defendants defaulted under Agreements with SEARS HOMETOWN AND OUTLET STORES, INC., including 8 Guaranty Agreements, 23 Franchise Agreements, and an Interim Management Agreement.


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.

  • BNY Affiliate means any office, branch or subsidiary of The Bank of New York Company, Inc.

  • 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;

  • Customer Group means Customer and any of its Affiliates established and/or doing business in the EEA, or United Kingdom;

  • Restricted Enterprise means any Person that is actively engaged in any geographic area in any business which is either (i) in competition with the business of the Company or any of its subsidiaries or affiliates or (ii) proposed to be conducted by the Company or any of its subsidiaries or affiliates in their respective business plans as in effect at that time. During the Restriction Period, upon request of the Company, the Executive shall notify the Company of the Executive’s then-current employment status.

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

  • Related Companies means the companies within the meaning of Article L. 225-197-2 of the French Commercial Code or any provision substituted for same.

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

  • Restricted companies means companies that boycott Israel.

  • 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 a firm, sole proprietorship, partnership, association, corporation, company, or other business entity of any kind including, but not limited to, a limited liability corporation, incorporated professional association, joint venture, estate, or trust.

  • 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.

  • Outside Entity means any:

  • 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.

  • Transferring Employee means an employee at the airport who timely transfers to the regional authority by the transfer date.

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

  • Residence employee means a person employed by you to perform duties in connection with the maintenance or use of the insured premises. This includes persons who perform household or domestic services or duties of a similar nature for you. This does not include persons while performing duties in connection with your business.

  • Associated Companies : means any agent with delegated authority under Section 20 of these Terms and Conditions.

  • 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.

  • Transient merchant means any person who engages in a temporary or itinerant merchandising business and in the course of such business hires, leases or occupies any building or structure whatsoever, or who operates out of a vehicle which is parked anywhere within the City limits. Temporary association with a local merchant, dealer, trader or auctioneer, or conduct of such transient business in connection with, as a part of, or in the name of any local merchant, dealer, trader or auctioneer does not exempt any person from being considered a transient merchant.

  • 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.

  • Employer Group means the Corporation and any Parent or Subsidiary and any other corporation or business controlled by, controlling or under common control with, the Corporation, as determined in accordance with Sections 414(b) and (c) of the Code and the Treasury Regulations thereunder, except that in applying Sections 1563(1), (2) and (3) of the Code for purposes of determining the controlled group of corporations under Section 414(b), the phrase “at least 50 percent” shall be used instead of “at least 80 percent” each place the latter phrase appears in such sections and in applying Section 1.414(c)-2 of the Treasury Regulations for purposes of determining trades or businesses that are under common control for purposes of Section 414(c), the phrase “at least 50 percent” shall be used instead of “at least 80 percent” each place the latter phrase appears in Section 1.4.14(c)-2 of the Treasury Regulations. Any such determination as to Separation from Service, however, shall be made in accordance with the applicable standards of the Treasury Regulations issued under Section 409A of the Code.