Common use of Commencement of Business Clause in Contracts

Commencement of Business. Unless otherwise agreed to in writing by the Franchisor and the Marketer, the Marketer has 120 days from the date of this Agreement within which to complete its initial training and commence operation of its PAK MAIL Marketer Business. The Franchisor will extend the time within which the Marketer has to commence operations for a reasonable period of time, in the event that factors beyond the Marketer's reasonable control prevent the Marketer from meeting this development schedule, so long as the Marketer has made reasonable and continuing efforts to comply and the Marketer requests in writing, an extension of time in which to have its Business established before the development period lapses. The obligations of the Marketer, including Sales Services, shall commence at the earlier of the date the Marketer or its Principal Owner has satisfactorily completed the Franchisor's initial training program or 120 days from the date of this Agreement.

Appears in 4 contracts

Samples: Area Marketing Agreement (Pak Mail Centers of America Inc), Area Marketing Agreement (Pak Mail Centers of America Inc), Area Marketing Agreement (Pak Mail Centers of America Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!