Additional Franchise Sample Clauses

Additional Franchise. For each additional Franchise purchased from FRANCHISOR, FRANCHISEE shall pay one-half (1/2) of the Initial Franchise Fee as described in Subparagraph 3.B(1) and the balance as described in Subparagraph 3.B(2) herinabove, for the Franchise Agreement governed by the such Franchise(s). C. Consideration Earned. FRANCHISEE hereby acknowledges and agrees that the grant of the License and the undertakings and agreements of FRANCHISOR contained in this Franchise Agreement constitute the sole and only consideration for the payment of the Initial Franchise Fee. The Initial Franchise Fee shall be deemed fully earned by FRANCHISOR as hereinabove specified, and no portion thereof shall be refundable to FRANCHISEE except as specifically provided for herein. Page 4 Initials SECTION 4. TERM, RENEWAL, AND HOLDOVER A. Term of Franchise. The initial term of this Franchise Agreement shall be for a period of Twenty-Five (25) years, commencing on the commencement date of this Franchise Agreement, unless this Franchise Agreement is executed pursuant to an assignment or other transfer arrangement, in which case, the term shall be the remaining portion of the term specified in the respective assignor's or transferor's Franchise Agreement and/or Lease Agreement. The term of this Franchise Agreement may be earlier terminated by FRANCHISOR, as provided in this Franchise Agreement. The date this Franchise Agreement is executed by FRANCHISOR is the commencement Date of this Franchise Agreement. The Expiration Date of this Franchise Agreement shall be the date Twenty-Five (25) years after the execution of this Franchise Agreement by FRANCHISOR, unless terminated at an earlier date as otherwise provided herein. Within one (1) year after execution of this Franchise Agreement, FRANCHISEE shall commence operations of the Center Site. FRANCHISEE'S failure to commence operation of the Center Site by the end of such time period shall be grounds for the termination of this Franchise Agreement. B.
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Additional Franchise. Grantor shall provide written notice to Grantee within ten
Sample 1
Additional Franchise. For each additional Franchise purchased from FRANCHISOR, FRANCHISEE shall pay one-half (1/2) of the Initial Franchise Fee as described in Subparagraph 3.B(1) and the balance as described in Subparagraph 3.B(2) herinabove, for the Franchise Agreement governed by the such Franchise(s).
Sample 1
Additional Franchise. For each additional franchise can be deducted, it will be reduced, as described in 3D, as described in Chapter 1, half of the first franchisees' costs (1/2). C. won the award. The franchise owner accepts and acknowledges that the provision of the franchisor license and that commitments and agreements in this franchise agreement is the only issue for the first franchise costs. As mentioned in these, the first franchise costs for a discount should be fully earned and no part of the franchise owner will not be repaid except for the cases given. 4 first page.
Sample 1
Additional Franchise. For The For FRANCHISEE must pay half (1/2) of the original franchise fee, as described in Subparagraph 3.B. (1) and the balance described in sub-B.B.2, for the franchise agreement managed by such a franchise (s). C.
Sample 1

Related to Additional Franchise

  • Additional Facilities If any structural additions or change in use shall be made to the buildings or other improvements included in the Project Facility subsequent to the date hereof (other than the initial construction of the Building contemplated by the Project), or if any additional buildings or improvements shall be constructed on the Land other than the Building (such change of use, new structures, structural additions, buildings and improvements being referred to hereinafter as “Additional Facilities”), the Obligor agrees that its PILOT Obligations hereunder shall be increased by an amount, as determined by the Agency or a tax assessor selected by the Agency, equal to the increased tax payments, if any, that would have been payable on such increase if this Agreement were not in effect. Nothing herein shall constitute the Agency’s consent to the construction of any such additions or additional buildings or improvements or to such change of use.

  • Additional Funds In the event that any management investment company in addition to those listed on Appendix A hereto desires to have the Custodian render services as custodian under the terms hereof, it shall so notify the Custodian in writing, and if the Custodian agrees in writing to provide such services, such management investment company shall become a Fund hereunder and be bound by all terms and conditions and provisions hereof including, without limitation, the representations and warranties set forth in Section 18.7 below.

  • Additional Fees The Borrower has agreed to pay to the Administrative Agent and the Arranger additional fees, the amount and dates of payment of which are embodied in the Fee Letter.

  • Additional Software Should any additional Software licenses be purchased during the Term:

  • Additional Documentation Execute and deliver, or cause to be executed and delivered, any and all other agreements, instruments or documents which Lender may reasonably request in order to give effect to the transactions contemplated under this Loan Agreement and the other Loan Documents.

  • Additional Assignments The Contractor further agrees to, and if applicable, cause each of its employees to, execute, acknowledge, and deliver all applications, specifications, oaths, assignments, and all other instruments which the City might reasonably deem necessary in order to apply for and obtain copyright protection, mask work registration, trademark registration and/or protection, letters patent, or any similar rights in any and all countries and in order to assign and convey to the City, its successors, assigns and nominees, the sole and exclusive right, title, and interest in and to the deliverables. The Contractor’s obligations to execute, acknowledge, and deliver (or cause to be executed, acknowledged, and delivered) instruments or papers such as those described in this Paragraph 38 a., b., and c. shall continue after the termination of this Contract with respect to such deliverables. In the event the City should not seek to obtain copyright protection, mask work registration or patent protection for any of the deliverables, but should desire to keep the same secret, the Contractor agrees to treat the same as Confidential Information under the terms of Paragraph 37 above.

  • Additional Features Additional Features are invoiced at the start of the first Contract Year following the Contract Year in which such Additional Features are activated.

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