LEASE OR PURCHASE OF FRANCHISED LOCATION Sample Clauses

LEASE OR PURCHASE OF FRANCHISED LOCATION. The Franchisee will not sign any lease, purchase agreement or obtain any related rights to possession, occupancy or ownership of the Franchised Location prior to the date set forth on Page F-1 of this Agreement. If the Franchisee leases the Franchised Location, then the Franchisee will use its best efforts to negotiate a lease term that coincides with the term of this Agreement.
Sample 1
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LEASE OR PURCHASE OF FRANCHISED LOCATION. FRANCHISEE shall obtain GREASE MONKEY's prior written approval of any lease or sublease (the "Lease") for the Franchised Location prior to its execution by FRANCHISEE. If FRANCHISEE is purchasing real estate upon which to operate its GREASE MONKEY Center, FRANCHISEE shall obtain GREASE MONKEY's prior written approval of any purchase agreement or other acquisition document proposed to be executed by FRANCHISEE. All documents submitted to GREASE MONKEY hereunder shall be delivered at least 10 days prior to execution thereof. After final execution is completed, FRANCHISEE shall provide GREASE MONKEY with a fully executed copy of the document. In addition: a. The terms of any financing that FRANCHISEE may need to fund the acquisition and/or construction of a GREASE MONKEY Center, information regarding the obtaining of all required zoning and/or building permits and provisions for satisfaction of relevant conditions precedent within acceptable time frames shall be provided in the Lease or purchase contract, or through separate documentation provided to GREASE MONKEY. b. If a Lease is to be signed, the Lease shall contain provisions allowing for the assignment of the Lease to GREASE MONKEY, at the option of GREASE MONKEY, in the event that this Agreement is for any reason terminated or not renewed due to a default in FRANCHISEE's obligations hereunder, and for providing GREASE MONKEY with a right to cure a default in FRANCHISEE's leasehold obligations under the Lease, and/or to take an assignment of the Lease upon such default, in GREASE MONKEY's sole discretion. c. If a purchase contract is to be signed, FRANCHISEE shall grant GREASE MONKEY the right to lease the premises from FRANCHISEE on commercially reasonable terms in the event that this Agreement is for any reason terminated or not renewed due to a default in FRANCHISEE's obligations hereunder. d. FRANCHISEE shall at all times keep GREASE MONKEY informed of FRANCHISEE's progress toward the satisfaction of all obligations and conditions contained in any Lease or purchase contract related to the acquisition and/or construction of the GREASE MONKEY Center. FRANCHISEE shall provide GREASE MONKEY with copies of all site plans, surveys, title reports and other related real estate information as and when it becomes available. FRANCHISEE acknowledges that GREASE MONKEY's approval of a Lease or purchase agreement or any assistance in the Lease or purchase negotiations does not constitute a guarantee, recommendatio...
Sample 1

Related to LEASE OR PURCHASE OF FRANCHISED LOCATION

  • Delivery Location All Goods shall be delivered to the address specified in this Order (the "Delivery Location") during Buyer's normal business hours or as otherwise instructed by Buyer.

  • Purchase of Equipment For any equipment purchased in whole or in part with Grant Funds, if Grantor determines that Grantee has not met the conditions of 2 CFR 200.439, the costs for such equipment will be disallowed. Grantor must notify Grantee in writing that the purchase of equipment is disallowed.

  • Lease of Equipment Lessor leases to Lessee, and Lessee leases from Lessor, all the property described in the Lease Schedules which are signed from time to time by Lessor and Lessee.

  • Work Location While employed by the Company hereunder, the Executive shall perform his duties (when not traveling or engaged elsewhere in the performance of his duties) at the offices of the Company in Bermuda. The Executive shall travel to such places on the business of the Company in such manner and on such occasions as the Company may from time to time reasonably require.

  • Lease of Aircraft Lessor agrees to lease the Aircraft to Lessee pursuant to the provisions of FAR Section 91.501(b)(6) and Section 91.501(c)(1) and this Agreement, and to provide a fully-qualified and credentialed flight crew for all flights to be conducted hereunder during the Term (as defined in Section 13) hereof. The parties acknowledge and agree that this Agreement did not result in any way from any direct or indirect advertising, holding out or soliciting on the part of Lessor or any person purportedly acting on behalf of Lessor. Lessor and Lessee intend that the lease of the Aircraft effected by this Agreement shall be treated as a “wet lease” pursuant to which Lessor provides transportation services to Lessee in accordance with FAR Section 91.501(b)(6) and Section 91.501(c)(1).

  • Data Location 1.1. The CONTRACTOR shall not store or transfer non-public COUNTY data outside of the United States. This includes backup data and Disaster Recovery locations. The CONTRACTOR will permit its personnel and contractors to access COUNTY data remotely only as required to provide technical support. (Remote access to data from outside the continental United States is prohibited unless approved in advance and in writing by the County.) 1.2. The CONTRACTOR must notify the COUNTY in advance and in writing of any location changes to CONTRACTOR’s data center(s) that will process or store County data.

  • PREVAILING WAGE RATES - PUBLIC WORKS AND BUILDING SERVICES CONTRACTS If any portion of work being Bid is subject to the prevailing wage rate provisions of the Labor Law, the following shall apply:

  • Program Location A. Unless otherwise agreed upon in writing, the parties acknowledge and agree that the Work of this Agreement will be performed at the following Property address: Ktr Address1 Address2

  • Project Location [Insert the location of the Project, if applicable]

  • Offer and Acceptance of Weekend Overtime (a) The Employer is committed to providing reasonable notice to Employees of an offer / cancellation of weekend overtime. To this end, notice will generally be provided prior to the normal meal break on Thursday. Where the Employer is unable to give such notice the Employer may offer I cancel such overtime by notifying affected Employees before the finish time of ordinary hours on Friday. (b) Overtime will be offered on a work required basis. (c) Employees who accept an offer of weekend overtime will be obliged to attend. However, Employees may find themselves unable to fulfil their commitment to attend site. Such Employees will notify the Employer before the planned finishing time on Friday. (d) An Employee may refuse to work weekend overtime if the requirement to do so is plainly unreasonable having regard to: (i) the hours of work that will be worked by that Employee in the week of the weekend overtime; (ii) the amount of weekend overtime worked by the Employee within the previous six weeks; (iii) the Employee’s family responsibilities; and (iv) any other special circumstances peculiar to the Employee.

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