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.
Moreover, development of new isotope beams competes for beam time with experiments because it is done at the same target stations which are used for production.
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.
Absent timely notice to Company, Franchisee shall be deemed to acknowledge conclusively that all required services to be performed by Company before or in connection with the Franchised Restaurant’s opening were provided sufficiently and satisfactorily in Franchisee’s judgment.
In the event, Franchise shall use any Franchisee Advertising not previously approved by Company or which has been disapproved by Company, Franchisee shall pay an administrative fee in the amount of Five Hundred Dollars ($500) for each violation upon receiving our invoice.
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.
The following table summarizes the changes in the composition of our business from December 31, 2004 through December 31, 2007: Franchisee Company Franchisee Owned and Operated Sites Operated Sites Operated Sites Total SitesNumber of travel centers at December 31, 2004 .
Upon request from Company, Franchisee shall deliver to Company a copy of each executed Confidentiality, Non-Disclosure and Non-Competition Agreement for its records.
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.