COVENANTS OF FRANCHISEE. During the term of this Agreement and for a period of two years thereafter, except as otherwise expressly set forth below, Franchisee covenants and agrees as follows: The Franchisee shall not perform directly or indirectly any act injurious or prejudicial to the goodwill associated with Franchisor’s Trademarks, and Franchisee shall undertake reasonable acts to prevent harm or damage to the goodwill associated with the Trademarks. The Franchisee shall not, either directly or indirectly, on its own behalf or in the service or on behalf of others, actively solicit, divert or purposely hire away, or attempt to actively solicit, divert or purposely hire away, to any competing business of Xxxxx, any person employed by Franchisor or another franchisee, whether or not such employee is a full-time employee or a temporary employee of Franchisor or other franchisee. The Franchisee agrees that all sales, marketing and promotional information and other Confidential Information with respect to Franchisor, the Franchised Business, and the employees, customers and suppliers of Franchisor, whether assembled and compiled by Franchisee or produced and provided by Franchisor, and the physical embodiments of such information, are, shall be and shall remain the property of Franchisor. Upon termination of this Agreement for any reason, Franchisee shall execute and deliver to Franchisor, in a form satisfactory to Franchisor, Non-Disclosure, Non-Interference and Non-Competition Agreements. The covenants and agreements contained in this section are the essence of this Agreement, and such covenants and agreements are reasonable and necessary to protect and preserve the interests and properties of Franchisor for the benefit of Franchisor and its franchisees. Franchisee acknowledges that irreparable loss and damage will be suffered by Franchisor should Franchisee breach any of these covenants and agreements and each of these covenants and agreements is separate, distinct and severable, not only from the other covenants and agreements, but also from the other and remaining provisions of this Agreement. Franchisee further acknowledges that the unenforceability of any covenant or agreement shall not affect the validity or enforceability of any other covenant or agreement or any other provision of this Agreement. In addition to all other remedies available to it, Franchisor shall be entitled to both temporary and permanent injunctive relief to prevent a breach or contemplated breach by Fr...
COVENANTS OF FRANCHISEE. (a) Simultaneously with the execution of this Agreement Franchisee shall pay Franchisor a franchise fee of Five Thousand Dollars ($5,000.00). This fee is non-refundable.
COVENANTS OF FRANCHISEE. A. During the term of this Franchise Agreement or any extension thereof:
COVENANTS OF FRANCHISEE. Section 4, parts (a) and (b) of this Agreement are hereby deleted and replaced with the following:
COVENANTS OF FRANCHISEE. During the term of this Agreement and for the period of one year thereafter, except as otherwise expressly set out below, Franchisee covenants and agrees as follows:
COVENANTS OF FRANCHISEE. Franchisee covenants with RBI to (i) use and maintain the Equipment in a lawful manner and so as not to violate any law or regulation of the state, city or other political subdivisions in which Franchisee uses the Equipment; (ii) return, pay and file when due all taxes, fees and similar charges, including without limitation sales or use tax, and ad valorem and personal property taxes, imposed on the ownership, possession or use of the Equipment; (iii) keep the Equipment free and clear of all liens, security interests, claims and encumbrances except for those incurred through the initial financing of the Equipment from a vendor approved by RBI; (iv) obtain and maintain property insurance on the Equipment covering loss, damage, theft, vandalism and casualty; (v) maintain the Equipment per the manufacturer's maintenance, repair and replacement instructions; (vi) maintain in place any notices, labels or other indicia required pursuant to the Franchise Agreement or RBI policy; (vii) operate the Business as required under the Franchise Agreement; and (viii) notify RBI when any party claims any interest in the Equipment.
