Common use of Franchise Registration and Disclosure Clause in Contracts

Franchise Registration and Disclosure. Neither the Marketer nor any employee or representative of the Marketer shall solicit prospective Franchisees of PAK MAIL Centers until the Franchisor has registered in the applicable jurisdiction and has provided the Marketer with the requisite documents, or at any time when the Franchisor notifies the Marketer that its registration is not then in effect or its documents are not then in compliance with applicable law. If the Marketer's activities pursuant to this Agreement require the preparation, amendment, registration or filing of information or any disclosure or other documents, all requisite offering circulars, ancillary documents and registration applications shall be prepared and filed by the Franchisor or its designee, and registration secured before the Marketer may solicit prospective Franchisees of PAK MAIL Centers. Costs of such registration applicable to the Marketer shall be borne by the Marketer. In particular, the Marketer shall: a. prepare and forward to the Franchisor verified financial statements of the Marketer in such form and for such periods as shall be designated by the Franchisor, including audited financial statements if necessary and appropriate to comply with applicable legal disclosure, filing or other legal requirements; b. promptly provide all information reasonably required by the Franchisor to prepare all requisite offering circulars and ancillary documents for the offering of franchises throughout the Territory; c. execute all documents required by the Franchisor for the purpose of registering the Marketer and the Franchisor to offer franchises throughout the Territory; and d. pay to the Franchisor, or its designee, upon demand, the costs of registering and preparing those portions of all such offering circulars and ancillary documents which are applicable to the Marketer. The Marketer agrees to review all information pertaining to the Marketer prepared to comply with legal requirements for selling franchises in the Territory and verify its accuracy if so requested by the Franchisor. The Marketer acknowledges that the Franchisor, its affiliates or its designees, shall not be liable to the Marketer for any errors, omissions or delays which may occur in the preparation of such materials.

Franchise Registration and Disclosure. Neither the Marketer nor any employee or representative of the Marketer shall solicit prospective Franchisees of PAK MAIL Centers until the Franchisor has registered to sell franchises in the applicable jurisdiction and has provided the Marketer with the requisite documents, nor shall the Marketer, its employees or representatives, solicit Franchisees at any time when the Franchisor notifies the Marketer that its registration is not then in effect or its documents are not then in compliance with applicable law. If the Marketer's activities pursuant to this Agreement require the preparation, amendment, registration or filing of information or any disclosure or other documents, all requisite offering circulars, ancillary documents and registration applications shall be prepared and filed by the Franchisor or its designee, and registration secured before the Marketer may solicit prospective Franchisees of PAK MAIL Centers. Costs of such registration applicable to the Marketer shall be borne by the Marketer. In particular, the Marketer shall: a. prepare and forward to the Franchisor verified financial statements of the Marketer in such form and for such periods as shall be designated by the Franchisor, including audited financial statements if necessary and appropriate to comply with applicable legal disclosure, filing or other legal requirements; b. promptly provide all information reasonably required by the Franchisor to prepare all requisite offering circulars and ancillary documents for the offering of franchises throughout the Territory; c. execute all documents required by the Franchisor for the purpose of registering the Marketer and the Franchisor to offer franchises throughout the Territory; and d. pay to the Franchisor, or its designee, upon demand, the costs of registering and preparing those portions of all such offering circulars and ancillary documents which are applicable to the Marketer. The Marketer agrees to review all information pertaining to the Marketer prepared to comply with legal requirements for selling franchises in the Territory and verify its accuracy if so requested by the Franchisor. The Marketer acknowledges that the Franchisor, its affiliates or its designees, shall not be liable to the Marketer for any errors, omissions or delays which may occur in the preparation of such materials.

Franchise Registration and Disclosure. Neither the Marketer Master Franchisee nor any employee or representative of the Marketer Master Franchisee shall solicit prospective Franchisees of PAK MAIL Centers Fitness Together Personal Training Studios until the Franchisor has registered its current UFOC in the applicable jurisdiction jurisdictions and has provided the Marketer Master Franchisee with the requisite documents, or at any time when the Franchisor notifies the Marketer Master Franchisee that its registration is not then in effect or its documents are not then in compliance with applicable law. If the MarketerMaster Franchisee's activities pursuant to this Agreement require the preparation, amendment, registration registration, or filing of information or any disclosure or other documents, all requisite offering circulars, ancillary documents documents, and registration applications shall be prepared and filed by the Franchisor or its designee, and registration secured before the Marketer Master Franchisee may solicit prospective Franchisees of PAK MAIL CentersFitness Together Personal Training Studios. Costs of such registration applicable to the Marketer Master Franchisee shall be borne by the MarketerMaster Franchisee. In particular, the Marketer Master Franchisee shall: a. (a) prepare and forward to the Franchisor verified _____________ financial statements of the Marketer Master Franchisee in such form and for such periods as shall be designated by the FranchisorFranchisor certified by Master Franchisee and any Managing Owner as being true, correct, and complete, including audited financial statements statements, if necessary and appropriate to comply with applicable legal disclosure, filing filing, or other legal requirements; b. (b) promptly provide all information reasonably required by the Franchisor to prepare all requisite offering circulars and ancillary documents for the offering of franchises throughout the Territory; c. (c) execute all documents required by the Franchisor for the purpose of registering the Marketer Master Franchisee and the Franchisor to offer franchises throughout the Territory; and d. (d) pay to the Franchisor, or its designee, upon demand, the costs of registering and preparing those portions of all such offering circulars and ancillary documents which are applicable to the MarketerMaster Franchisee. The Marketer Master Franchisee agrees to review all information pertaining to the Marketer Master Franchisee prepared to comply with legal requirements for selling franchises in the Territory and verify its accuracy if so requested by the Franchisor. The Marketer Master Franchisee acknowledges that the Franchisor, its affiliates affiliates, or its designees, designees shall not be liable to the Marketer Master Franchisee for any errors, omissions omissions, or delays which may occur in the preparation of such materials.

Franchise Registration and Disclosure. Neither the Marketer AD nor any employee or representative of the Marketer AD shall solicit prospective Franchisees of PAK MAIL Centers QUIZNO'S Restaurants until the Franchisor has registered its current Uniform Franchise Offering Circular ("UFOC") in the applicable jurisdiction jurisdictions and has provided the Marketer AD with the requisite documents, documents or at any time when the Franchisor notifies the Marketer AD that its registration is not then in effect or its documents are not then in compliance with applicable law. If the MarketerAD's activities pursuant to this Agreement require the preparation, amendment, registration registration, or filing of information or any disclosure or other documents, all requisite offering circulars, ancillary documents documents, and registration applications shall be prepared and filed by the Franchisor or its designee, and registration secured secured, before the Marketer AD may solicit prospective Franchisees of PAK MAIL CentersQUIZNO'S Restaurants. Costs of such registration applicable to the Marketer AD shall be borne by the MarketerAD. In particular, the Marketer AD shall: a. (a) prepare and forward to the Franchisor verified financial statements of the Marketer AD in such form and for such periods as shall be designated by the Franchisor, including audited financial statements statements, if necessary and appropriate to comply with applicable legal disclosure, filing filing, or other legal requirements; b. (b) promptly provide all information reasonably required by the Franchisor to prepare all requisite offering circulars and ancillary documents for the offering of franchises throughout the Territory; c. (c) execute all documents required by the Franchisor for the purpose of registering the Marketer AD and the Franchisor to offer franchises throughout the Territory; and d. (d) pay to the Franchisor, or its designee, upon demand, the costs of registering and preparing those portions of all such offering circulars and ancillary documents which are applicable to the MarketerAD. The Marketer AD agrees to review all information pertaining to the Marketer AD prepared to comply with legal requirements for selling franchises in the Territory and verify its accuracy if so requested by the Franchisor. The Marketer AD acknowledges that the Franchisor, Franchisor and its affiliates or its designees, and designees shall not be liable to the Marketer AD for any errors, omissions omissions, or delays which may occur in the preparation of such materials.