GRANT OF DEVELOPMENT RIGHTS. 1.1 Franchisor grants Developer the exclusive right to develop Restaurants only in the Territory for a period commencing on the date hereof and expiring on ___________, 20__, unless sooner terminated as hereinafter provided. Developer has no rights under this Agreement to develop Restaurants outside of the Territory or to develop restaurants which do not employ the System, including the Xxxxxxxx'x Neighborhood Grill & Bar service xxxx.
GRANT OF DEVELOPMENT RIGHTS. 2. The following provisions control with respect to the rights granted hereunder:
GRANT OF DEVELOPMENT RIGHTS. 3.1.1 In consideration of the Developer agreeing to pay the Consideration to BSHB, this Development Agreement and the representation, warranties and covenants on part of the Developer herein contained, BSHB, in accordance with this Development Agreement, the Applicable Laws and the Applicable Permits, hereby agree to grant to the Developer, the exclusive right and authority during the Lease Period to undertake and implement the Project as more specifically mentioned in the Scope of the Project (the "Grant") and the Developer hereby agrees to undertake the Project in accordance with the terms and conditions of this Development Agreement.
GRANT OF DEVELOPMENT RIGHTS. FRANCHISOR hereby grants to DEVELOPER and DEVELOPER hereby accepts, the right to establish and operate twenty (20) FRANCHISED STORES using the WEST COAST SYSTEM, as it may be changed, improved, modified or further developed from time to time, upon the terms and subject to the provisions of this Agreement. The location of each FRANCHISED STORE (herein "Location") shall be approved in advance by FRANCHISOR as provided in Section 4.1 of this Agreement. Each Franchised Store shall be established and operated pursuant to FRANCHISOR's Franchise Agreement (herein the "Franchise Agreement") attached hereto as Exhibit A and incorporated herein by reference and the addendum with respect to each FRANCHISED STORE (herein the "Addendum"), as provided in Section 4.2 hereof. This Agreement does not grant to DEVELOPER any right to use in any manner FRANCHISOR's Proprietary Marks or System. DEVELOPER shall have no right under this Agreement to license others to use in any manner the Proprietary Marks or WEST COAST SYSTEM.
GRANT OF DEVELOPMENT RIGHTS. Subject to terms and conditions of this Agreement and the reservations and exclusions in the warranty deed for the Property delivered to Owner by the City and the City Development Agreement, Owner hereby grants to Developer the exclusive right to possess the Property to develop the Project together with all rights appurtenant to the Property needed to develop, construct, own, sell, lease, mortgage, and otherwise dispose of the Project, as provided in this Agreement (collectively, the “Development Rights”). The Development Rights are intended to be in the nature of a property interest sufficient to confer possession of the Property and ownership of all improvements comprising the Project to Developer.
GRANT OF DEVELOPMENT RIGHTS. 3.1 The Society hereby grants in favour of the Developer and the Developer hereby accepts from the Society, full, complete, exclusive, irrevocable (subject to term of this Agreement) and absolute right to redevelop the Property hereunder written free from all Encumbrances, Litigations, claims, demands or doubts, by demolishing the Buildings and any other structures on the Land and constructing the Project on the Land, comprising of flats, floor area, units, apartments, car parks and garages, Common Areas and Amenities and Facilities along with an irrevocable license (subject to the terms of this Agreement) to enter upon the Property from the date hereof and the possession of the Property from the Handover Date, for the purpose of carrying out and completing the redevelopment of the Property.
GRANT OF DEVELOPMENT RIGHTS. 3.1.1 Bonus Payment
GRANT OF DEVELOPMENT RIGHTS. Subject to the terms and conditions of this Agreement, Franchisor hereby grants to Master Franchisee the Development Rights during the Development Term and the right to function as the franchisor under Franchise Agreements with Franchisees and Area Director Agreements with Area Directors. Master Franchisee may not itself own or operate QUIZNO'S Restaurants or Area Directorships during the Agreement Term; however, Master Franchisee may grant Franchises or Area Directorships to its Affiliates. Franchisees and Area Directors, including Affiliates of Master Franchisee, shall execute a Franchise Agreement for each such QUIZNO'S Restaurant and an Area Director Agreement for each Area Directorship, as applicable. The rights granted to Master Franchisee by this Agreement are limited to the Development Area and Master Franchisee agrees that it is not hereby granted any rights to franchise, and that it will not operate or grant Franchises for QUIZNO'S Restaurants or Area Directorships for locations outside of the Development Area, nor solicit prospective Franchisees or Area Directors from outside the Development Area.
GRANT OF DEVELOPMENT RIGHTS. 2.1. Company grants to Developer the exclusive right to develop the specific number of Southern Hospitality Restaurants specified on Schedule 8 hereto (the "Development Quota") in the geographic area identified on Schedule A hereto (the "Development Territory") subject to the terms and conditions of this Agreement.
GRANT OF DEVELOPMENT RIGHTS. 1.1 Champps hereby grants to Developer the non-exclusive right to develop Franchised Restaurants in the Development Territory during the Development Term, upon the terms and conditions contained in this Agreement. The Development Term begins on the date this Agreement is signed by Champps and expires on the earlier of: (A) the date Developer opens the last Franchised Restaurant it is permitted to develop pursuant to this Agreement; or (B) the date that the last Franchised Restaurant is required to be opened pursuant to the attached Appendix B. There is no renewal term for this Agreement. Each Franchised Restaurant shall be located in the Development Territory at a specific location approved by Champps.
