Initial Franchise Fee. FRANCHISEE agrees to pay to COMPANY a nonrecurring initial franchise fee in the amount specified in Section 4 of Exhibit A which shall be payable to COMPANY upon the execution of this Agreement. The initial franchise fee shall be fully earned by COMPANY and nonrefundable.
Appears in 2 contracts
Samples: Rental Franchise Agreement (Rent a Wreck of America Inc), Rent (Rent a Wreck of America Inc)
Initial Franchise Fee. FRANCHISEE agrees to pay to COMPANY a nonrecurring initial franchise fee in the amount specified in Section 4 of Exhibit A which shall be payable to COMPANY upon the execution of this Agreement. The initial franchise fee shall be fully earned by COMPANY and nonrefundablenon-refundable.
Appears in 2 contracts
Samples: Agreement (Rent a Wreck of America Inc), Wreck Franchise Agreement (Rent a Wreck of America Inc)