Leasehold Rights. You agree at our election: (a) to assign your leasehold interest in the Premises to us; or (b) to enter into a sublease for the remainder of the Lease term on the same terms (including renewal options) as the Lease.
Appears in 2 contracts
Samples: Franchise Agreement (Jreck Subs Group Inc), License Agreement (MRS Fields Financing Co Inc)
Leasehold Rights. You agree at our election:
(ai) to assign your leasehold interest in the Premises Site to us; or;
(bii) to enter into a sublease for the remainder of the Lease lease term on the same terms (including renewal options) as the Leaseprime lease; or
(iii) to lease to us if you own the Site in accordance with the Agreement to Lease and our Standard Lease Agreement.
Appears in 2 contracts
Samples: Franchise Agreement (Pacific Software, Inc.), Franchise Agreement (Pacific Software, Inc.)
Leasehold Rights. You agree at our election:
(ai) to assign your leasehold interest in the Premises Site to us; or
(bii) to enter into a sublease for the remainder of the Lease lease term on the same terms (including renewal options) as the Leaseprime lease.
Appears in 1 contract
Samples: Franchise Agreement (P D C Innovative Industries Inc)
