Common use of Rights Upon Expiration Clause in Contracts

Rights Upon Expiration. At the end of the initial term hereof the Franchisee shall have the option to renew its franchise rights for one additional ten year term, by acquiring successor franchise rights, if the Franchisor does not exercise its right not to offer a successor franchise in accordance with Section 17.5 below and if the Franchisee:

Appears in 11 contracts

Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement

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Rights Upon Expiration. At the end of the initial term hereof the Franchisee shall have the option to renew its franchise rights for one an additional ten year term, by acquiring successor franchise rights, if the Franchisor does not exercise its right not to offer a successor franchise in accordance with Section 17.5 17.4 below and if the Franchisee:

Appears in 2 contracts

Samples: Franchise Agreement (Pak Mail Centers of America Inc), Franchise Agreement (Pak Mail Centers of America Inc)

Rights Upon Expiration. At the end of the initial term hereof the Franchisee shall have the option to renew its franchise rights for one an additional ten year term, by acquiring successor franchise rights, if the Franchisor does not exercise its right not to offer a successor franchise in accordance with Section 17.5 below and if the Franchisee:

Appears in 1 contract

Samples: Franchise Agreement (Pak Mail Centers of America Inc)

Rights Upon Expiration. At the end of the initial 10 year term hereof of this Agreement, the Franchisee shall have the option to renew its franchise rights for one an additional ten year termterm of 10 years, by acquiring successor franchise rights, if the Franchisor does not exercise its right not to offer a successor franchise in accordance with Section 17.5 13.4 below and if the Franchisee:

Appears in 1 contract

Samples: Communications World (Communications World International Inc)

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Rights Upon Expiration. At the end of the initial term hereof the Franchisee shall have the option to renew its franchise rights for one two additional ten five year termterms, by acquiring successor franchise rights, if the Franchisor does not exercise its right not to offer a successor franchise in accordance with Section 17.5 17.4 below and if the Franchisee:

Appears in 1 contract

Samples: Rocky Mountain Chocolate Factory Inc

Rights Upon Expiration. At the end of the initial term hereof the Franchisee shall have the option to renew its franchise rights for one two additional ten year termterms of FIVE years each, by acquiring successor franchise rights, if the Franchisor does not exercise its right not to offer a successor franchise in accordance with Section 17.5 17.4 below and if the Franchisee:

Appears in 1 contract

Samples: Rocky Mountain Chocolate Factory Inc

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