Common use of Continuing Franchise License Fee Clause in Contracts

Continuing Franchise License Fee. During the full term of this Operating Agreement, and in consideration of the rights licensed hereunder, Licensee shall pay to Licensor as license fee in respect to the rights licensed herein a sum equal to 4% of gross retail sales, exclusive of retail sales taxes of all products, goods and wares of every kind and nature sold from; or in connection with the food service portion of, Licensee's "Dairy Queen" Store, including, but without limiting the generality of the foregoing, sales of all products under any of the Trademarks as well as sales of other food service merchandise whether or not identified by other brand names.

Appears in 3 contracts

Samples: Store Operating License Agreement, Store Operating License Agreement (Bowlin Travel Centers Inc), Store Operating License Agreement (Bowlin Outdoor Advertising & Travel Centers Inc)

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Continuing Franchise License Fee. During the full term of this Operating Agreement, and in consideration of the rights licensed hereunder, Licensee shall pay to Licensor as license fee in respect to the rights licensed licenses herein a sum equal to 4to: 4 (four) % of gross retail sales, exclusive of retail sales taxes taxes, of all products, goods and wares of every kind and nature sold from; , or in connection with the food service portion of, Licensee's "Dairy Queen" Store, including, but without limiting the generality of the foregoing, sales of all products under any of the Trademarks as well as sales of other food service merchandise whether or not identified by other brand names.

Appears in 2 contracts

Samples: Store Operating License Agreement (Bowlin Outdoor Advertising & Travel Centers Inc), Store Operating License Agreement (Bowlin Travel Centers Inc)

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