Common use of Payments to Franchisor Clause in Contracts

Payments to Franchisor. All payments by Tenant of Franchise Fees under the Franchise Agreement shall be subordinated to payments of Rent (other than Non-Priority Additional Rent) due to Landlord to the extent and on the terms provided in the Franchise Subordination Agreement, and Tenant shall not make any payment of the Franchise Fees, directly or indirectly, or set apart any sum or property therefor, or agree to do so, other than as permitted in and by the Franchise Subordination Agreement.

Appears in 4 contracts

Samples: Master Lease Agreement (Magellan Health Services Inc), Master Lease Agreement (Crescent Real Estate Equities Inc), Master Lease Agreement (Crescent Real Estate Equities Co)

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