Termination of Franchise. Any franchise agreement in which the Borrowers, or any of them, are a party shall have been terminated or not renewed for any reason without the prior written consent of the Administrative Agent or the Borrowers, or any of them, shall have been notified that Buffalo Wild Wings or Bagger Dave’s intends either to terminate or not renew its franchise.
Termination of Franchise. NFN shall use its best efforts to enter into an agreement with the City whereby, in the event of the termination of the Franchise for any reason, the City will agree to honor, and will cause (i) any subsequent holder or holders of the Franchise, or (ii) any entity that purchases substantially all of NFN's hard assets to honor, this Agreement. NFN agrees to use its best efforts to enter into such an agreement with the City within six months after commencement of the Initial Term.
Termination of Franchise. If the legal representative of Franchisee and all surviving shareholders, partners, or members of a business entity do not comply with the provisions of this Section 12.5 or do not propose a transferee acceptable to BRCB under the standards set forth in this Agreement, all rights licensed to Franchisee under this Agreement will immediately terminate and automatically revert to BRCB. BRCB will have the right and option, exercisable upon such termination, to purchase the building, fixtures, equipment, and supplies and inventory at a price to be agreed upon by the parties or, if no agreement as to the price is reached by the parties, at such price as may be determined by the appraisal process described in Section 15.7 of this Agreement. BRCB will give notice of its intent to exercise the option no later than twenty-one (21) days before termination.
Termination of Franchise. A. If at any time City believes Grantee may not be adequately performing its obligations under this Agreement, City may request from Grantee written assurances of performance and a written plan to correct observed deficiencies in Xxxxxxx's performance if written notice of the same is provided by City. Failure to provide written assurances constitutes a separate ground to declare a default under this Agreement.
Termination of Franchise. 8 4.3 Refund of Initial Fee.......................................9
Termination of Franchise. The Secretary of State shall at the end of the Franchise Period ensure that the Franchisee has no liability for any deficit in the Franchise Sections (other than for contributions due and payable by the Franchisee to the Franchise Sections for any period prior to the end of the Franchise Term) and shall have no right to benefit from any surplus which may exist in the Franchise Sections. For the avoidance of doubt, this paragraph 6 shall apply where the Franchise Services are either aggregated or disaggregated (for example, as a result of remapping).
Termination of Franchise. Should an event of Default occur, then in addition to its other rights and remedies hereunder, the Franchisor may, without further demand or notice, immediately declare this Agreement and the license included herein, and all rights and privileges of this Agreement, to be terminated with respect to the affected Logax'x Xxxdhouse Outlet in accordance with this Part. In the event of any termination, Franchisee shall be liable for damages to Franchisor for any and all amounts due to Franchisor on the effective date of such termination.
Termination of Franchise. A-League Franchisees may terminate this Agreement at the end of any USISL Season by notifying Franchisor that it will not be participating in the next year's Season by July 1 of the previous year. All other Franchisees shall notify Franchisor of their intent to not participate in the next USISL Season by September 1 of the previous year. Franchisor may terminate this Agreement at any time if Franchisee attempts to transfer the Franchise in violation of Section 5.6 above, if Franchisee violates any of the performance bond obligations described in Section 4.1(c) above, or if Franchisor, in its good business judgment determines that Franchisee's continued participation in the USISL will be significantly detrimental to the USISL, including, without limitation, if Franchisor receives reasonably convincing evidence that Franchisee has attempted to fix game results or bribe game officials or if Franchisee has continually failed to adhere to the Minimum Standards. In addition, Franchisor may terminate this Agreement in the event that Franchisee's League contains less than twelve (12) teams, in which case Franchisor shall terminate all franchises in such League and cease operating such League. Franchisor also may terminate this Agreement and all franchises in Franchisee's League if the League ceases to be recognized by the USSF or USASA, as appropriate. Franchisor also may terminate this Agreement and all franchises in Franchisee's League if such League or the USISL incurs substantial and continuing losses as determined by Franchisor in its reasonable discretion. Upon a termination of this Franchise Agreement pursuant to the terms of this paragraph on or before December 31, 1998, Franchisor shall refund Franchisee any Franchise Fee actually paid by Franchisee. Franchisee shall not be entitled to any other refunds after such termination. Franchisee shall not be entitled to any refund upon the termination of this Agreement after such date. Franchisor may also terminate this Agreement upon Franchisee's failure to provide a performance bond or replace a performance bond that has been forfeited pursuant to Section 4.1(c) herein and not replaced within thirty (30) days. Except as specifically provided above, Franchisee shall not be entitled to any refund of the Franchise Fee or any participation fees upon termination of this Agreement. Other than a partial refund of the franchise fee for failure to obtain a Stadium within the required time periods as provided in Section ...
Termination of Franchise. A. BY THE FRANCHISOR In addition to the FRANCHISOR's right to terminate this Agreement upon the failure of the FRANCHISEE to lease or sublease the STORE premises or to proceed with STORE development or to merchandise and open the STORE for business (as provided in Paragraphs A, B, C, D and E of Section 4) or upon the FRANCHISEE or the manager's failure to complete training to the FRANCHISOR's satisfaction (as provided in Paragraph A of Section 5), the FRANCHISOR may terminate this Agreement effective upon delivery of notice of termination to the FRANCHISEE, if:
Termination of Franchise. Any Franchise Agreement shall be terminated, whether according to its terms or action taken by any party thereto, or any vehicle manufacturers take any action against any member of the Rush Group that could have a Material Adverse Effect.
