Common use of Initial Franchise Fee Clause in Contracts

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: Franchise Agreement (Rent a Wreck of America Inc), Franchise Agreement (Rent a Wreck of America Inc)

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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: Franchise Agreement (Rent a Wreck of America Inc), Franchise Agreement (Rent a Wreck of America Inc)

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