Common use of Operate Throughout Term Clause in Contracts

Operate Throughout Term. Franchisee must commence to operate the Franchised Restaurant on the Opening Date and must operate the Franchised Restaurant in accordance with this Agreement continuously throughout the Term. Franchisee expressly agrees that any failure to do so shall constitute a material act of default under this Agreement, and BKE shall be entitled to collect all actual and consequential damages (including lost profits) incurred as a result of any failure to so operate continuously for the full Term.

Appears in 2 contracts

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

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Operate Throughout Term. Franchisee must commence to operate the Franchised Restaurant on the Opening Date and and, subject to clause 3.2, must operate the Franchised Restaurant in accordance with this Agreement continuously throughout the Term. Franchisee expressly agrees that any failure to do so shall constitute a material act of default under this Agreement, and BKE FRANCHISOR shall be entitled to collect all actual and consequential damages (including lost profits) incurred as a result of any failure to so operate continuously for the full TermTerm and shall be entitled to terminate this Agreement in accordance with the terms and conditions set forth in this Agreement.

Appears in 1 contract

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

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Operate Throughout Term. Franchisee must commence to operate the each Franchised Restaurant on the Opening Date and and, subject to clause 3.2, must operate the each Franchised Restaurant in accordance with this Agreement continuously throughout the TermTerm of the Unit Addendum. Franchisee expressly agrees that any failure to do so shall constitute a material act of default under this AgreementAgreement and the applicable Unit Addendum with respect to such Franchised Restaurant, and BKE FRANCHISOR shall be entitled to collect all actual and consequential damages (including lost profits) incurred as a result of any failure to so operate continuously for the full TermTerm of the Unit Addendum.

Appears in 1 contract

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

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