Common use of Refusal to Renew Clause in Contracts

Refusal to Renew. Notwithstanding the foregoing provisions, Franchisor will not be obligated to renew Franchisee’s rights to operate as a franchisee of Franchisor if Franchisee has failed to perform fully Franchisee’s duties, obligations and covenants during the preceding term or is then in default of any provisions of this Agreement.

Appears in 3 contracts

Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement

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Refusal to Renew. Notwithstanding the foregoing provisions, Franchisor will not be obligated to renew Franchisee’s rights to operate as a franchisee Franchisee of Franchisor if Franchisee has failed to perform fully satisfactorily comply with Franchisee’s duties, obligations and covenants during the preceding term or is then in default of any provisions of this Agreement. The determination of satisfactory compliance will be within the exclusive discretion of Franchisor in good faith. If Franchisor refuses to renew, Franchisee must continue to perform under this Franchise Agreement until its expiration.

Appears in 1 contract

Samples: Franchise Agreement

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