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  • Undertaking Vendee Applicant Lto

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    zlljsriw
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    This affidavit outlines the sale and transfer of a public utility jeepney/taxi franchise from the applicant-vendor to the applicant-vendee. The applicant-vendor has voluntarily sold their authorized unit and franchise to the applicant-vendee and will not oppose the transfer. The applicant-vendor has also authorized the applicant-vendee to represent them during the hearing with the Land Transportation Franchising and Regulatory Board to approve the sale and transfer. The applicant-vendee undertakes full responsibility for any legal issues arising from the transfer and agrees to comply with all Board requirements regarding public transportation.

    Original Description:

    For transfer of Franchise

    Original Title

    Undertaking Vendee Applicant lto

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    This affidavit outlines the sale and transfer of a public utility jeepney/taxi franchise from the applicant-vendor to the applicant-vendee. The applicant-vendor has voluntarily sold their authorized unit and franchise to the applicant-vendee and will not oppose the transfer. The applicant-vendor has also authorized the applicant-vendee to represent them during the hearing with the Land Transportation Franchising and Regulatory Board to approve the sale and transfer. The applicant-vendee undertakes full responsibility for any legal issues arising from the transfer and agrees to comply with all Board requirements regarding public transportation.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    125 views1 page

    Undertaking Vendee Applicant Lto

    Uploaded by

    zlljsriw
    This affidavit outlines the sale and transfer of a public utility jeepney/taxi franchise from the applicant-vendor to the applicant-vendee. The applicant-vendor has voluntarily sold their authorized unit and franchise to the applicant-vendee and will not oppose the transfer. The applicant-vendor has also authorized the applicant-vendee to represent them during the hearing with the Land Transportation Franchising and Regulatory Board to approve the sale and transfer. The applicant-vendee undertakes full responsibility for any legal issues arising from the transfer and agrees to comply with all Board requirements regarding public transportation.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    REPUBLIC OF THE PHILIPPINES)

    Baguio City)S.S
    AFFIDAVIT OF UNDERTAKING
    (VENDEE-APPLICANT)
    I JUAN DELA CRUZ, of legal age, Filipino citizen, with residence and
    postal address at __________________________, Philippines, after having been
    duly sworn to in accordance with law, do hereby depose and state THAT:
    I am the Applicant-vendee in LTFRB Case No. ______________ for
    Approval of SALE & TRANSFER of a CPC to Operate a PUJ/TAXI SERVICE
    within/on the line/route:____________________________& VICE-VERSA, with the
    use of one (1) authorized unit;
    That the Applicant-vendor, __________________, had voluntarily sold his
    authorized unit, including its FRANCHISE/CPC, in my favor. The Applicantvendor had manifested that he will not interpose NO opposition or objection
    whatever in the transfer of his franchise in my name as Applicant-vendee;
    The Applicant-vendor had voluntarily waived his right to be present
    during the hearing of the above-captioned case in my favor as Applicantvendee, and had authorized me to represent him during the hearing of this
    case, submit documentary exhibits in support of our application, and
    prosecute this case before the LTFRB, DOTC-CAR located at Pacdal, Baguio
    City;
    In my capacity as applicant-vendees, I do hereby undertake to bind
    myself to be held solely responsible for any legal claims and/or problems
    which may arise in the transfer of the vendors authorized unit, including
    franchise, in my favor and to forever and to forever free and discharge the
    LTFRB, DOTC-CAR, and its personnel from any obligations or claims
    whatsoever arising therefrom;
    I hereby undertake and give my oath to observe and comply with the
    requirements of the Honorable Board, the Public Service Act, as amended
    and pertinent policies, rules and regulations issued by the Board or as may
    thereafter be issued; and
    I am executing this affidavit to attest to the truthfulness and veracity of
    the foregoing facts and statements for all legal intents and purposes.
    IN WITNESS WHEREOF, I have hereunto set my hand this ___________at
    Baguio City, Philippines.

    SUBSCRIBED AND SWORN TO BEFORE ME this ___ day of April, 2012 at


    Baguio City, Philippines.
    Doc. No.:_____;
    Page No.:_____;
    Book No.:_____;
    Series of 2012.

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