Common use of Termination Without Right to Cure Clause in Contracts

Termination Without Right to Cure. Franchisee is deemed to be in material default and Franchisor may, at its option, terminate this Agreement and all rights granted without granting Franchisee any opportunity to cure the default, effective immediately upon notice to Franchisee, upon the occurrence of any of the following events: Franchisee fails on three separate occasions within any twelve month consecutive period to comply with a material provision of this Agreement, whether or not failure to comply is corrected after notice is sent to Franchisee; Franchisee or any of its owners is convicted any crime or offense Franchisor believes is reasonably likely to have an adverse effect on the Intellectual Property, the goodwill of the Franchise or Franchisor’s interest; An immediate threat or danger to public health or safety results from the construction, maintenance or operation of the Xxxxx;

Appears in 5 contracts

Samples: Franchise Agreement (Studio Ii Brands Inc), Franchise Agreement (Studio Ii Brands Inc), Franchise Agreement (Studio Ii Brands Inc)

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Termination Without Right to Cure. Franchisee is deemed to be in material default and Franchisor may, at its option, terminate this Agreement and all rights granted without granting Franchisee any opportunity to cure the default, effective immediately upon notice to Franchisee, upon the occurrence of any of the following events: Franchisee fails on three separate occasions within any twelve month consecutive period to comply with a material provision of this Agreement, whether or not failure to comply is corrected after notice is sent to Franchisee; Franchisee or any of its owners is convicted any crime or offense Franchisor believes is reasonably likely to have an adverse effect on the Intellectual Property, the goodwill of the Franchise or Franchisor’s interest; An immediate threat or danger to public health or safety results from the construction, maintenance or operation of the XxxxxKenon;

Appears in 1 contract

Samples: Franchise Agreement (Studio Ii Brands Inc)

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