Company Franchisee definition

Company Franchisee means a Person other than the Company or any of its Subsidiaries that is granted a right (whether directly by the Company or any of its Subsidiaries or by another Company Franchisee) to develop or operate, or is granted a right to license others to develop or operate, a Company Franchise within a specific geographic area or at a specific location.
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Company Franchisee means a Person other than the Company or any of its Subsidiaries that is granted a right (whether directly by the Company or any of its Subsidiaries or by another Company Franchisee) to develop, operate or license others to develop or operate a Company Franchise within a specific geographic area or at a specific location.
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Company Franchisee means a Person other than the Company or any of its Subsidiaries that is granted a right (whether directly by the Company or any of its Subsidiaries or by another Company Franchisee) to develop or operate, or is granted a right to license others to develop or operate, a Company Franchise within a specific geographic area or at a specific location. For the avoidance of doubt, the term Company Franchisee expressly excludes any Person that is granted a right to develop or operate a single unit “XXX HORTONS” Shop, provided that if such Person is also granted a right to develop or operate, or is granted a right to license others to develop or operate, a Company Franchise then such Person shall be included in the term Company Franchisee but only in connection with such Company Franchise.
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Examples of Company Franchisee in a sentence

  • If there is a change in control of Management Company or if Management Company becomes, is acquired by, comes under the control of, or merges with or into a Competitor, or if there is a material adverse change to the financial status or operational capacity of Management Company, Franchisee will promptly notify Franchisor of any such change and Management Company will be subject to the consent process under the Franchise Agreement as a new operator of the Hotel.

  • If there is a change in Control of Management Company or if Management Company becomes a Competitor (or an Affiliate of a Competitor) or a Restricted Person (or an Affiliate of a Restricted Person) or if Management Company becomes the principal operator for a Competitor or if there is a material adverse change to the financial condition or operational capacity of Management Company, Franchisee will promptly notify Franchisor of any such change.

  • If Franchisee desires to purchase or install any item that has not been specifically approved by the Company, or to purchase an item of equipment manufactured to the Company’s specifications from a supplier that has not been pre-approved by the Company, Franchisee shall submit to the Company a written request for approval of such item or supplier.

  • To renew the Franchise, Company, Franchisee and its owner(s) shall execute the then standard form of franchise agreement and any ancillary agreements then customarily used by Company in the granting or renewal of franchises for the operation of Residences with appropriate modifications to reflect the fact that the agreement relates to the grant of a renewal franchise.

  • At the election of Company, Franchisee shall defend the Company at Franchisee's sole cost and expense in any such suits, actions or proceedings in which Company is joined as a party thereto, including any such suit, action or proceeding alleging liability by the Company.

  • At the discretion of Company, once each calendar year, at a time designated by Company, Franchisee and its Director or a designatted representative of its management company, shall be obligated to meet with representatives of Company at a location specified by Franchisee, for the purpose of discussing and reviewing the licensed Residence's operations, status, and financial performance.

  • If requested by the Company, Franchisee shall transfer this information to the Company in the frequency, form and manner prescribed by the Company.

  • If Franchisee wishes to use any type or brand of product or supply item or wishes to purchase products or supplies from a supplier that is not currently designated or approved by Company, Franchisee will submit to Company specifications, photographs, samples and/or other information Company may request.

  • ARCO Products Company, Franchisee a division of AtlanticRichfield Company /s/ Xxxxxx Xxxxxxx 9/2/99 /s/ Xxxx Xxxxxxxxxxx 9-2-99 --------------------------------------- --------------------------------- Date LLO-Gas, Inc.

  • The Company shall first pledge Company Franchisee Notes which constitute Eligible Franchisee Notes.


More Definitions of Company Franchisee

Company Franchisee means a company which is a Foodstuffs Franchisee.
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Company Franchisee shall have the meaning ascribed to it in Section 3.19(h).
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Related to Company Franchisee

  • Franchisee means a person to whom a franchise is granted.

  • Franchisor means Marriott International, Inc.

  • Company Subsidiary means any Subsidiary of the Company.

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • Customer Affiliate means an entity that owns or controls, is owned or controlled by or is or under common control or ownership with Customer, where control is defined as the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of an entity, whether through ownership of voting securities, by contract or otherwise;

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Developer means the legal or beneficial owner or owners of a lot or of any land proposed to be included in a proposed development, including the holder of an option or contract to purchase, or other person having an enforceable proprietary interest in such land.

  • Vendor or “Vendors” means any entity submitting a bid in response to the Solicitation, the entity that has been selected as the lowest responsible bidder, or the entity that has been awarded the Contract as context requires.

  • tour operator means an organiser or retailer, other than the carrier, within the meaning of Article 2(2) and (3) of Directive 90/314/EEC;