Common use of FRANCHISE GRANT AND TERM Clause in Contracts

FRANCHISE GRANT AND TERM. 1.1 Franchisor grants Franchisee, for the term stated below, the right, license and privilege: (a) to use the System incident to the operation of an Xxxxxxxx'x Neighborhood Grill & Bar restaurant at _____________________________________________________ (the "Restaurant"); (b) to use the trade names, service marks and trademarks which Franchisor shall from time to time designate as part of the System, but only in connection with the sale at the Restaurant of those products which Franchisor has designated and approved; and (c) to hold itself out to the public as a Franchisee of Franchisor. 1.2 The term of the franchise shall commence as of the Commencement Date, as hereinafter defined, and shall end twenty (20) years thereafter, unless this Agreement is terminated prior to that date in accordance with its provisions. "Commencement Date," as used herein, shall mean the date upon which the Restaurant opens for business. The parties agree to affix to this Agreement an addendum expressly setting forth the Commencement Date, which, when so affixed, shall become a part of this Agreement.

Appears in 2 contracts

Samples: Franchise Agreement (Applebees International Inc), Franchise Agreement (Applebees International Inc)

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FRANCHISE GRANT AND TERM. 1.1 Franchisor grants Franchisee, for the term stated below, the right, license and privilege: (a) to use the System incident to the operation of an Xxxxxxxx'x Neighborhood Grill & Bar restaurant at _____________________________________________________ (the "Restaurant"); (b) to use the trade names, service marks and trademarks which Franchisor shall from time to time designate as part of the System, but only in connection with the sale at the Restaurant of those products which Franchisor has designated and approved; and (c) to hold itself out to the public as a Franchisee of Franchisor. 1.2 The term of the franchise shall commence as of the Commencement Date, as hereinafter defined, and shall end twenty (20) years thereafter, unless this Agreement is terminated prior to that date in accordance with its provisions. "Commencement Date," as used herein, shall mean the date upon which the Restaurant opens for business. The parties agree to affix to this Agreement an addendum expressly setting forth the Commencement Date, which, when so affixed, shall become a part of this Agreement.

Appears in 1 contract

Samples: Franchise Agreement (Applebees International Inc)

FRANCHISE GRANT AND TERM. 1.1 Franchisor grants Franchisee, for the term stated below, the right, license and privilege: (a) to use the System incident to the operation of an Xxxxxxxx'x Applebee's Neighborhood Grill & Bar restaurant at _____________________________________________________ (the "Restaurant"); (b) to use the trade names, service marks and trademarks which Franchisor shall from time to time designate as part of the System, but only in connection with the sale at the Restaurant of those products which Franchisor has designated and approved; and (c) to hold itself out to the public as a Franchisee of Franchisor. 1.2 The term of the franchise shall commence as of the Commencement Date, as hereinafter defined, and shall end twenty (20) years thereafter, unless this Agreement is terminated prior to that date in accordance with its provisions. "Commencement Date," as used herein, shall mean the date upon which the Restaurant opens for business. The parties agree to affix to this Agreement an addendum expressly setting forth the Commencement Date, which, when so affixed, shall become a part of this Agreement.

Appears in 1 contract

Samples: Franchise Agreement (Applebees International Inc)

FRANCHISE GRANT AND TERM. 1.1 Franchisor grants Franchisee, for the term stated below, the right, license and privilege: (a) to use the System incident to the operation of an Xxxxxxxx'x Neighborhood Grill & Bar restaurant at _____________________________________________________ (the "Restaurant"); (b) to use the trade names, service marks and trademarks which Franchisor shall from time to time designate as part of the System, but only in connection with the sale at the Restaurant of those products which Franchisor has designated and approved; and (c) to hold itself out to the public as a Franchisee of Franchisor. 1.2 The term of the franchise shall commence as of the Commencement Date, as hereinafter defined, and shall end twenty (20) years thereafter, unless this Agreement is terminated prior to that date in accordance with its provisions. "Commencement Date," as used herein, shall mean the date upon which the Restaurant opens for business. The parties agree to affix to this Agreement an addendum expressly setting forth the Commencement Date, which, when so affixed, shall become a part of this Agreement.

Appears in 1 contract

Samples: Franchise Agreement (Applebees International Inc)

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FRANCHISE GRANT AND TERM. 1.1 Franchisor grants Franchisee, for the term stated below, the right, license and privilege: (a) to use the System incident to the operation of an Xxxxxxxx'x Neighborhood Grill & Bar restaurant at _____________________________________________________ (the "Restaurant"); (b) to use the trade names, service marks and trademarks which Franchisor shall from time to time designate as part of the System, but only in connection with the sale at the Restaurant of those products which Franchisor has designated and approved; and (c) to hold itself out to the public as a Franchisee of Franchisor. 1.2 The term of the franchise shall commence as of the Commencement Date, as hereinafter defined, and shall end twenty (20) years thereafter, unless this Agreement is terminated prior to that date in accordance with its provisions. "Commencement Date," as used herein, shall mean the date upon which the Restaurant opens for business. The parties agree to that Franchisor, without obtaining the signature of Franchisee, may affix to this Agreement an addendum expressly setting forth the Commencement Date, which, when so affixed, shall become a part of this Agreement.

Appears in 1 contract

Samples: Franchise Agreement (Applebees International Inc)

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