Franchise Rights. Publisher shall have a right of first refusal and last refusal rights (matching rights for all offers made and received) to publish any prequel or sequel to the Product. The terms of such rights shall be negotiated in good faith. In the event the Product sells over 150,000 units, Publisher shall automatically have the right to publish a prequel or sequel and Developer agrees that development costs will not to exceed $300,000 excluding any third-party licensing fee..
Franchise Rights. Not permit any change, termination, or loss of its or any Subsidiary's rights to operate as a franchisee of Pizza Hut, Inc., which would have a material adverse affect on the Company and its Subsidiaries taken as a whole.
Franchise Rights. Seller is in material compliance with the terms, conditions and obligations set forth in the Franchise Agreements for the Stores.
Franchise Rights. The Company shall provide Investor with franchise rights for the Lower Florida Keys, subject to the terms contained in the Company’s standard franchise agreement. “Lower Florida Keys” shall mean the Florida Keys south of Marathon, Florida.
Franchise Rights. The Town of Front Royal grants to Centel a franchise for local exchange telephone service, telecommunications service and related activities, and for no other purpose.
Franchise Rights. The Town of Front Royal grants to VRT an exclusive Franchise for the operation of a public passenger bus service and for no other purpose.
Franchise Rights. Notwithstanding anything elsewhere herein provided, nothing contained in this Agreement shall abrogate, limit or affect any obligation of Licensee under any franchise granted to Licensee.
Franchise Rights. Notwithstanding anything elsewhere herein provided, nothing contained in this Agreement shall abrogate, limit, or affect any obligation of Attacher under any franchise granted to Attacher.
Franchise Rights. NPCI will not and will not permit the Company or any Guarantor to take any action or fail to take any action which results in the loss of any franchise agreement, license, or other permit which would preclude NPCI, the Company or such Guarantor from operating such franchise under the name "Pizza Hut," or such other names as are designated in the respective franchise agreements if such loss materially adversely affects the business operations or profitability of NPCI or the Company and such Guarantors taken as a whole. In addition to, and not in limitation of, the foregoing restrictions, NPCI shall, and shall cause each Subsidiary which is a Pizza Hut franchisee to, (i) in the case of any such Subsidiary, on or before June 30, 1997, amend its organizational documents and other agreements to the extent necessary to comply with the provisions of its respective franchise agreement relating to restrictions on the disposition of ownership interests and (ii) in the case of NPCI, on or before June 30, 1997 amend its organizational documents and other agreements to the extent necessary to comply with provisions of its respective franchise agreement relating to restrictions on the disposition of ownership interests or, in the alternative in the case of NPCI, deliver to the holders and maintain in full force and effect the agreement of Pizza Hut, Inc. substantially in the form of the letter agreement dated May 14, 1997, attached hereto as Exhibit I, without material breach or violation of such letter agreement.
Franchise Rights. During the term of this Agreement, Executive shall not owe any franchise fee or royalties to the Company with respect to any “Planet Beach” locations currently operated directly or indirectly by Executive or any other business established after the date of this Agreement by agreement of Executive and Company.
