Common use of No Set Off; Method of Payment Clause in Contracts

No Set Off; Method of Payment. The Royalty and the Advertising Contribution must be paid in full free of any deductions or set-off whatsoever (except withholding income taxes if required to be withheld from the relevant payment by the Laws of the Territory) and by such method (including direct debit in accordance with clause 8.5) as FRANCHISOR or its designee may from time to time stipulate. If required by FRANCHISOR, Franchisee must submit to FRANCHISOR or its designee a recipient-created tax invoice or a remittance statement in a form prescribed by FRANCHISOR at the same time as the payment is made.

Appears in 3 contracts

Samples: Company Franchise Agreement (TH International LTD), Share Purchase Agreement (TH International LTD), Share Purchase Agreement (TH International LTD)

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No Set Off; Method of Payment. The Royalty and the Advertising Contribution must be paid in full free of any deductions or set-off whatsoever (except withholding income taxes if required to be withheld from the relevant payment by the Laws of the Territory) and by such method (including direct debit in accordance with clause 8.5) as FRANCHISOR or its designee may from time to time stipulate. If required by FRANCHISOR, Franchisee must submit to FRANCHISOR or its designee a recipient-created tax invoice or a remittance statement in a form prescribed by FRANCHISOR at the same time as the payment is made.

Appears in 1 contract

Samples: Company Franchise Agreement (TH International LTD)

No Set Off; Method of Payment. The Royalty and the Advertising Contribution must be paid in full free of any deductions or set-off whatsoever (except withholding income taxes tax if required to be withheld from the relevant payment by the Laws of the Territorycountry in which the Franchised Restaurant is located) and by such method (including direct debit in accordance with clause 8.5) as FRANCHISOR or its designee may from time to time stipulate. If required by FRANCHISOR, Franchisee must submit to FRANCHISOR or its designee a recipient-created tax invoice or a remittance statement in a form prescribed by FRANCHISOR at the same time as the payment is made.

Appears in 1 contract

Samples: Franchise Agreement (Tfi Tab Gida Yatirimlari A.S.)

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No Set Off; Method of Payment. The Franchise Fee, Royalty and the Advertising Contribution must be paid in full free of any deductions or set-off whatsoever (except withholding income taxes tax if required to be withheld from the relevant payment by the Laws laws of the Territorycountry in which the Franchised Restaurant is located) and by such method (including direct debit in accordance with clause 8.58.7) as FRANCHISOR or its designee may from time to time stipulate. If required by FRANCHISOR, Franchisee must submit to FRANCHISOR or its designee a recipient-created tax invoice or a remittance statement in a form prescribed by FRANCHISOR at the same time as the payment is made.

Appears in 1 contract

Samples: Master Franchise (Tfi Tab Gida Yatirimlari A.S.)

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