Initial Payment. As a condition of the occurrence of the Effective Date, the Company shall make an initial payment which shall be comprised of the sum of (i) the Company’s good faith estimate regarding the amount due under § 3.2 hereof attributable to the initial partial calendar quarter to occur within the Term and (ii) the Company’s good faith estimate regarding the amount due under § 3.2 hereof attributable to the first full calendar quarter to occur within the Term (such sum, an “Initial Payment”).
Appears in 8 contracts
Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement
