Common use of Conditions to Issuance of a Successor Franchise Clause in Contracts

Conditions to Issuance of a Successor Franchise. Upon expiration of the renewal term of this Agreement, you will have the right to acquire a successor franchise for your Store, provided we are still offering Xxx. Xxxxxx Cookie Store franchises, on the terms and conditions of our then current form of Franchise Agreement for Xxx. Xxxxxx Cookie Stores if: (i) You have substantially complied with this Agreement during its term and are not in default of this Agreement; (ii) You agree either: (1) To maintain possession of and remodel and/or expand the Premises, add or replace leasehold improvements, equipment, fixtures, furnishings and signs and otherwise modify your Store to bring it into compliance with then applicable System Standards for Xxx. Xxxxxx Cookie Stores, or (2) If in our judgment your Store should be relocated, to secure substitute premises approved by us and construct and develop the substitute premises in compliance with specifications and standards then applicable for Xxx. Xxxxxx Cookie Stores; (iii) You agree to correct any deficiencies in your Store or the Premises, or in your operation of your Store, as identified in the notice from us to you described in Section 14.6(b), within the time period specified in the notice; and (iv) You comply with the provisions of Section 14.6(c) on or before expiration of this Agreement.

Appears in 1 contract

Samples: Franchise Agreement (MRS Fields Financing Co Inc)

AutoNDA by SimpleDocs

Conditions to Issuance of a Successor Franchise. Upon expiration of the renewal term of this Agreement, you will have the right to acquire a successor franchise for your Store, provided we are still offering Xxx. Xxxxxx Cookie Store Pretzelmaker franchises, on the terms and conditions of our then current form of Franchise Agreement for Xxx. Xxxxxx Cookie Pretzelmaker Stores if: (i) You have substantially complied with this Agreement during its term and are not in default of this Agreement; (ii) You agree either: (1) To maintain possession of and remodel and/or expand the Premises, add or replace leasehold improvements, equipment, fixtures, furnishings and signs and otherwise modify your Store to bring it into compliance with then applicable specifications and System Standards for Xxx. Xxxxxx Cookie Pretzelmaker Stores, or (2) If in our judgment your Store should be relocated, to secure substitute premises approved by us and construct and develop the substitute premises in compliance with specifications and standards then applicable for Xxx. Xxxxxx Cookie Pretzelmaker Stores; (iii) You agree to correct any deficiencies in your Store or the Premises, or in your operation of your Store, as identified in the notice from us to you described in Section 14.6(b), within the time period specified in the notice; and (iv) You comply with the provisions of Section 14.6(c) on or before expiration of this Agreement.

Appears in 1 contract

Samples: Franchise Agreement (MRS Fields Financing Co Inc)

Conditions to Issuance of a Successor Franchise. Upon expiration of the renewal term termination of this Agreement, you will have the right to may acquire a successor franchise for your Store, provided we are still offering Xxx. Xxxxxx Cookie the Licensed Store franchises, on the terms and conditions of our then current the form of Franchise franchise agreement for Mrs. Fields Cookies Stores thax xx xxx using at the time of expiration of this Agreement for Xxx. Xxxxxx Cookie Stores if: (i) You have substantially complied with this Agreement during its term and are not in default of this Agreement; (ii) You agree either: (1) To maintain possession of and remodel and/or expand the Premises, add or replace leasehold improvements, equipment, fixtures, furnishings and signs and otherwise modify your the Licensed Store to bring it into compliance with specifications and standards then applicable System Standards for Xxx. Xxxxxx Cookie StoresMrs. Fields Xxxxxxx Xxxres, or (2) If in our judgment your the Licensed Store should be relocated, to secure substitute premises approved by us and construct and develop the substitute premises in compliance with specifications and standards then applicable for Xxx. Xxxxxx Cookie StoresMrs. Fields Xxxxxxx Xxxxxx; (iii) You agree to correct any deficiencies in your the Licensed Store or the Premises, or in your operation of your the Licensed Store, as identified in the notice from us to you described in Section 14.6(b)12.6(b) of this Agreement, within the time period specified in the notice; and (iv) You comply with the provisions of Section 14.6(c) on or before expiration of this Agreement.

Appears in 1 contract

Samples: Franchise Agreement (Butterwings Entertainment Group Inc)

AutoNDA by SimpleDocs

Conditions to Issuance of a Successor Franchise. Upon expiration of the renewal term of this Agreement, you will have the right to acquire a successor franchise for your Store, provided we are still offering Xxx. Xxxxxx Cookie Store Pretzel Time franchises, on the terms and conditions of our then current form of Franchise Agreement for Xxx. Xxxxxx Cookie Pretzel Time Stores if: (i) You have substantially complied with this Agreement during its term and are not in default of this Agreement; (ii) You agree either: (1) To maintain possession of and remodel and/or expand the Premises, add or replace leasehold improvements, equipment, fixtures, furnishings and signs and otherwise modify your Store to bring it into compliance with then applicable specifications and System Standards for Xxx. Xxxxxx Cookie Pretzel Time Stores, or (2) If in our judgment your Store should be relocated, to secure substitute premises approved by us and construct and develop the substitute premises in compliance with specifications and standards then applicable for Xxx. Xxxxxx Cookie Pretzel Time Stores; (iii) You agree to correct any deficiencies in your Store or the Premises, or in your operation of your Store, as identified in the notice from us to you described in Section 14.6(b), within the time period specified in the notice; and (iv) You comply with the provisions of Section 14.6(c) on or before expiration of this Agreement.

Appears in 1 contract

Samples: Franchise Agreement (MRS Fields Financing Co Inc)

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