TERMINATION OF THE FRANCHISE Sample Clauses

TERMINATION OF THE FRANCHISE. Either Party may terminate this Agreement by written notice immediately upon the occurrence of the following events:
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TERMINATION OF THE FRANCHISE. We have the right to terminate this Agreement effective immediately upon delivery of notice of termination to you, if:
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TERMINATION OF THE FRANCHISE. We have the right to terminate this Agreement effective upon delivery of notice of termination to you, if: (1) you do not develop or open the Franchise as provided in this Agreement; (2) you abandon, surrender, transfer control of, lose the right to occupy the Premises of, or do not actively operate, the Franchise, or your lease for or purchase of the location of the Franchise is terminated for any reason; (3) you or your Principal Owners assign or Transfer this Agreement, any Interest, the Franchise, or assets of the Franchise without complying with the provisions of Section 14; (4) you are adjudged a bankrupt, become insolvent or make a general assignment for the benefit of creditors; (5) you use, sell, distribute or give away any unauthorized services or products, and do not cease the use, sale, or distribution of unauthorized services or products within ten (10) days after written notice is given to you; (6) you fail to maintain a valid license to practice and/or fail to maintain compliance with state and federal regulations and do not cure the failure within twenty (20) days after written notice is given to you; (7) you or any of your Principal Owners are convicted of or plead no contest to a felony or are convicted or plead no contest to any crime or offense that is likely to adversely affect the reputation of the Company, the Franchise, and/or the goodwill associated with the Marks; (8) you are involved in any action that is likely to adversely affect the reputation of the Company, the Franchise, and/or the goodwill associated with the Marks; (9) you or any of your employees violate any health or safety law, ordinance or regulation, or operate the Franchise in a manner that presents a health or safety hazard to your customers or the public; (10) you do not pay when due any monies owed to us or our affiliates, and do not make such payment within ten (10) days after written notice is given to you; (11) you fail to meet the minimum local advertising expenditures required in Section 11.2, and to provide the required proof of your expenditures; (12) you or any of your Principal Owners fail to comply with any other provision of this Agreement or any mandatory specification, standard, or operating procedure or you fail to make changes required to comply with applicable state or federal laws within twenty (20) days after written notice of such failure to comply is given to you; (13) you fail to procure or maintain any and all insurance coverage that we requ...
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TERMINATION OF THE FRANCHISE. AGREEMENT 9.01 Franchisee shall be deemed to be in default under this Agreement and without any need for notice to Franchisee this Agreement may immediately be terminated in the event that: Franchisee shall become insolvent and make an assignment for the benefit of creditors, or if Franchisee filed for liquidation or bankruptcy, or such a petition is filed against and consented to by Franchisee, or if Franchisee is adjudged a bankrupt, or a receiver or other custodian of Franchisee's business is appointed, or if the assets of the Store shall be sold or offered for sale after seizure by any court or legal authority or procedure. 9.02 Except as provided above, if Franchisee is in default under the terms of this Agreement, and such default is not cured within THIRTY (30) DAYS after the receipt of written notice to cure from Franchisor, then Franchisor may immediately terminate this Agreement. 9.03 Upon any termination or expiration of this Agreement: (a) Franchisee shall promptly pay to Franchisor all sums owing or accrued prior to such termination or expiration by Franchisee to Franchisor. Such sums shall include any 13 Franchise Agreement.doc Page 10 damages, costs and expenses incurred by Franchisor by; reason of default on the part ofFranchisee; (b) Franchisee shall immediately thereafter cease to use the System, Manuals, Confidential Information and the Marks. Franchisor and its agents may, without notice to Franchisee, enter upon the premises and remove any features using the Marks, at the expense ofFranchisee.
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TERMINATION OF THE FRANCHISE. 15.10.1 Other than amounts outstanding or due under clauses 15.7, 15.8 and 15.9 the Franchisee shall not have any further liabilities to the DLR Pension Scheme after the Expiry Date.
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TERMINATION OF THE FRANCHISE. A. Unless cured to our satisfaction, this Agreement shall terminate 30 days from the date notice is given to you in accordance with Section 19, if you or any guarantor:
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TERMINATION OF THE FRANCHISE 
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Related to TERMINATION OF THE FRANCHISE

  • Termination of the Contract 11.1. The Coordinator may terminate the contract if the Co-beneficiary has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Co-beneficiary by registered letter has remained without effect for one month.

  • Termination of the Lease In terminating the Lease, the following procedures shall be followed by the Authority and Tenant:

  • Termination of Relationship If Optionee terminates Continuous Status --------------------------- as an Employee or Consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

  • Termination of the Company Upon the voluntary termination of the Company upon the consent of the Members, the sale or other transfer of all or substantially all of the Company's assets or any other termination of the Company in accordance with the provisions of this Agreement, the Company shall wind up its affairs and shall then be liquidated as provided in Article 13.

  • Termination of Business Relationship If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5, no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of 90 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

  • Termination of Business if Borrower ceases any material portion of its business operations as presently conducted; or

  • Termination of Relationship as a Service Provider If the Optionee ceases to be a Service Provider (other than for death or Disability), this Option may be exercised for a period of three (3) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that the Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

  • Termination of the Partnership The Partnership shall terminate when all assets of the Partnership, after payment or due provision for all debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner provided for in this Article VIII, and the Certificate shall have been canceled in the manner required by the Act.

  • Termination of Service Relationship If the Optionee’s Service Relationship with the Company or a Subsidiary (as defined in the Plan) is terminated, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

  • Termination of the Option The Option shall terminate and may no longer be exercised after the first to occur of (a) the close of business on the Option Expiration Date, (b) the close of business on the last date for exercising the Option following termination of the Participant’s Service as described in Section 7, or (c) a Change in Control to the extent provided in Section 8.

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