Grant of Franchise definition

Grant of Franchise means the grant to EfficiencyOne by the Minister of Energy, dated 28 November 2014, of the electricity efficiency and conservation franchise pursuant to section 79C of the Public Utilities Act;
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Examples of Grant of Franchise in a sentence

  • Grant of Franchise - CITY hereby grants COMPANY, for a period of 30 years from the date passed and approved by the CITY, the right to furnish rail-based transportation services for public and private use within and through the limits of the CITY as its boundaries now exist or as they may be extended in the future.

  • Hearing no comments or questions, Chairman Plager closed the hearing at 10:04 a.m.10:04:49 AM Commissioner Hartwig moved, Stevens seconded, to approve Resolution No. R-13-2012 In the Matter of Grant of Franchise to Inland Power and Light Company.

  • Section 2 Grant of Franchise The Council, subject to the terms of the Agreement, hereby grants to Duke a non- exclusive franchise for electric service [within the Franchise Area (as such term is defined in the Agreement)] for a period of 10 years, as may be extended under the terms of the Agreement.

  • All Cable Communications Franchises granted by the Village, shall contain the same substantive terms and conditions.(b) Grant of Franchise.

  • The Association shall accept a Grant of Franchise from the County authorizing the Association to locate private improvements within the Xxxxxxx Heights Boulevard right-of-way and obligating the Association to maintain such private improvements.

  • The Rescue Squad will provide non-emergency medical transport service pursuant to the terms of the Grant of Franchise issued by the County November 4, 2013.

  • SECOND: Commissioner Melvin VOTE: UNANIMOUS (7-0) 2.E. Approval of First Reading of Grant of Franchise for Operation of Snack Bars in Cumberland County Courthouse and at DSS.

  • Chairman Stevens closed the hearing at 10:07 a.m.10:07:36 AM 10:08:03 AMCommissioner Marshall moved, Stevens seconded, to approve Resolution No. R-037-2014 In the Matter of Grant of Franchise to J.

  • The memo provided a general overview of the terms of the agreement: Grant of Franchise and General Utility Easement: The city allows RMP to use public rights of way for purposes of supplying and transmitting electric power. Term: The proposed term is not set.

  • These clauses usually consist of: Grant of Franchise: This section describes the franchisor's commitment to granting the licensee the right to make use of the franchisor's brand, operational procedures, and other intellectual property.

Related to Grant of Franchise

  • Franchise means a written contract or agreement between two or more persons whereby one

  • Grant means mortgage, pledge, bargain, warrant, alienate, remise, release, convey, assign, transfer, create, grant a lien upon and a security interest in and right of set-off against, deposit, set over and confirm pursuant to this Indenture. A Grant of the Collateral or of any other agreement or instrument shall include all rights, powers and options (but none of the obligations) of the Granting party thereunder, including the immediate and continuing right to claim for, collect, receive and give receipt for principal and interest payments in respect of the Collateral and all other moneys payable thereunder, to give and receive notices and other communications, to make waivers or other agreements, to exercise all rights and options, to bring proceedings in the name of the Granting party or otherwise and generally to do and receive anything that the Granting party is or may be entitled to do or receive thereunder or with respect thereto.

  • Subfranchisor means a person who is granted a master franchise.

  • Assignment of Rents means a transfer of an interest in rents in connection with an obligation secured by real property located in this state and from which the rents arise.

  • Grant Offer Letter means the letter the Authority issued to the Grant Recipient dated [ ], a copy of which is set out in Annex 1 Part A;

  • Assignment of Rents and Leases means, with respect to the Mortgaged Property, an Assignment of Rents and Leases (and, if there are more than one, each and every one of them), dated as of the Closing Date, granted by the Borrower to Lender with respect to the Leases, as same may thereafter from time to time be supplemented, amended, modified or extended.

  • New Franchise Agreement means the franchise license agreement to be entered into between Buyer and the Franchisor, granting to Buyer a franchise to operate the Hotel under the Brand on and after the Closing Date.

  • License means any Copyright License, Patent License, Trademark License or other license of rights or interests.

  • Assignment of Recognition Agreement With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.

  • Franchisor means Marriott International, Inc.

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • Franchisee means a person to whom a franchise is granted.

  • Bxxx of Sale has the meaning set forth in Section 3.02(a)(i).

  • Franchise Agreements means (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).

  • Sublicense means any agreement to Sublicense.

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Xxxx of Sale means the Initial Xxxx of Sale or an Additional Xxxx of Sale, as applicable.

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Right of First Refusal Agreement means the Right of First Refusal Agreement, dated as of August 4, 2017, among the Partnership, the Operating Partnership and NextEra Energy Resources, LLC.

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit G attached to this Agreement.

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • Governing statute of an organization means the statute that governs the organization's internal affairs.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • Company License Agreements means any license agreements granting any right to use or practice any rights under any Intellectual Property (except for such agreements for off-the-shelf products that are generally available for less than $25,000), and any written settlements relating to any Intellectual Property, to which the Company is a party or otherwise bound; and the term “Software” means any and all computer programs, including any and all software implementations of algorithms, models and methodologies, whether in source code or object code.

  • FAA Xxxx of Sale means the xxxx of sale for the Aircraft on AC Form 8050-2 executed by Manufacturer or an affiliate of Manufacturer in favor of Company and recorded with the FAA.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.