Common use of Purchase of Commissary Clause in Contracts

Purchase of Commissary. In the event you operate a commissary in connection with the Store, we shall also have the option to purchase the assets of the commissary. The purchase price for the assets of the commissary will be the net book value (based upon a seven year depreciation schedule).

Appears in 3 contracts

Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement

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Purchase of Commissary. In the event you operate a commissary Commissary in connection with the Store, we shall also have the option to purchase the assets Assets of the commissaryCommissary. The purchase Purchase price for the assets Assets of the commissary Commissary will be the net book value (based upon a seven year depreciation schedule).

Appears in 1 contract

Samples: Franchise Agreement (International Fast Food Corp)

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