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.

  • 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.

  • The following geographic territory will be defined as your "Exclusive Territory" and Grant of Franchise.

  • Engineer Yaeger reviewed the terms of the franchise agreement and provided a description of the roadway locations for which the franchise was requested.Chairman Hartwig closed the public hearing at 10:04 a.m. Commissioner Marshall moved, Thompson seconded, to approveResolution No. R-035-2020 In the Matter of Grant of Franchise to City of Othello.

  • 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.

  • 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.

  • If, after considering the Allen County Commissioners request for termination of the Grant of Franchise and Contract, the Allen County Council determines that the non- compliance of the Company was with just cause, it shall direct the Company to comply within such time and manner on such terms and conditions as are reasonable and consistent with the terms and conditions of this Franchise Grant and Contract.

  • Unless sooner revoked or cancelled, this franchise shall be valid for a period of ten (10) years commencing from the effectivity of Grant of Franchise with the option on the part of the Grantee to renew the same for a similar period and subject to the approval of the Sangguniang Panlungsod.

  • This Grant of Franchise shall not be valid unless accepted by Grantee within the time and in the manner provided in the Henderson County CATV Ordinance, said acceptance to be in writing and in such form and executed in such a manner to be a valid and legally binding acceptance.

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

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 confirming the Grant Offer;

  • 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.

  • Crown Grant means a Crown Grant under the Land Act;

  • Sub-grant means a grant made or proposed to be made by the Recipient to a Beneficiary out of the proceeds of the Financing for the purpose of financing a Subproject; and “Sub-grants” means more than one such Sub-grant.

  • Franchisor means a person who grants a franchise or master franchise, or an affiliate of such a person. Franchisor includes a subfranchisor with regard to its relationship with a franchisee, unless stated otherwise in this section.

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

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

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient;

  • 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.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • 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 that certain Amended and Restated Right of First Refusal and Co-Sale Agreement, by and between the Company, the Investors and the Stockholders (in each case, as defined therein), dated as of the date hereof, and as may be amended from time to time.

  • 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 F 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.

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