Common use of Franchisee Must Not Withhold Payment Clause in Contracts

Franchisee Must Not Withhold Payment. Franchisee shall not, unless required by Law, for any reason withhold or offset payment of any amount due to FRANCHISOR under this Agreement (including pursuant to clause 8.1 and 8.2 hereof). This applies even if Franchisee alleges that FRANCHISOR has not performed or is not performing an obligation imposed upon it under this Agreement or any other agreement with FRANCHISOR. FRANCHISOR may accept any partial payment without prejudice to its right to recover the balance due or pursue any other remedy.

Appears in 4 contracts

Samples: Franchise Agreement (TH International LTD), Company Franchise Agreement (TH International LTD), Share Purchase Agreement (TH International LTD)

AutoNDA by SimpleDocs

Franchisee Must Not Withhold Payment. Franchisee shall not, unless required by Law, must not for any reason withhold or offset payment of any amount due to FRANCHISOR under this Agreement (including pursuant to clause 8.1 and 8.2 hereof)FRANCHISOR. This applies even if Franchisee alleges that FRANCHISOR has not performed or is not performing an obligation imposed upon it under this Agreement or any other agreement with FRANCHISOR. FRANCHISOR may accept any partial payment without prejudice to its right to recover the balance due or pursue any other remedy.

Appears in 2 contracts

Samples: Master Franchise and Development Agreement (Tfi Tab Gida Yatirimlari A.S.), Franchise Agreement (Tfi Tab Gida Yatirimlari A.S.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!