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Common use of APPLICABILITY TO NOMINATED SUCCESSOR Clause in Contracts

APPLICABILITY TO NOMINATED SUCCESSOR. Section XXI shall not apply to any DEALER whose proposed transfer of assets or ownership is to a candidate who is currently approved by DISTRIBUTOR to be DEALER's nominated successor pursuant to Section XXII(C).

Appears in 4 contracts

Sources: Dealer Agreement (Firstamerica Automotive Inc /De/), Dealer Agreement (Firstamerica Automotive Inc /De/), Automotive Dealer Sales and Service Agreement (United Auto Group Inc)

Related Clauses

  • Replacement of Term SOFR or Successor Rate
  • Assignability; Successors
  • Binding Effect; Successors
  • BINDING EFFECT; SUCCESSORS & ▇▇▇▇▇▇▇
  • Employee’s Successors

Parent Clauses

  • Right of First Refusal or Option to Purchase
  • PRODUCT MODIFICATIONS
  • SALES REPORTING
  • RIGHTS GRANTED TO THE DEALER
  • CHANGE IN MANAGEMENT OR OWNERSHIP

Sub-Clauses

  • APPLICABLE LAW
  • CONTINUANCE OF BUSINESS RELATIONS
  • ASSIGNMENT OF RIGHTS OR DELEGATION OF DUTIES
  • VOLUNTARY TERMINATION BY DEALER
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