Continuing Franchise Fee definition

Continuing Franchise Fee means the monthly fee that each Franchisee shall pay to Master Licensee pursuant to its Franchise Agreement, which fee shall be based on a percentage of Gross Room Revenues of the Franchisee's Unit and paid as consideration for the services Master Licensee shall provide to Franchisee and for the use of the Marks licensed under the Franchise Agreement.
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Continuing Franchise Fee means the continuing franchise fee
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Continuing Franchise Fee means the monthly fee payable by each Franchisee to Master Licensee pursuant to its Franchise Agreement, paid as consideration for the services Master Licensee shall provide to Franchisee and for the use of the Marks licensed under the Franchise Agreement, other than the Franchise Marketing Contribution and Franchise Reservation Fees.
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Examples of Continuing Franchise Fee in a sentence

  • Franchisee’s obligation to pay the Continuing Franchise Fee and the Global Advertising Fee (collectively, the “Fees”) shall not be altered by the occurrence of any casualty or event that would cause a temporary closing of Franchisee’s Restaurant for a period of more than five (5) days.

  • Franchisee will be required to pay the Continuing Franchise Fee and the Continuing Advertising Fund Contribution, but not the Initial Franchise Fee, required by the then-current Franchise Agreement.

  • You must achieve a certain level of revenue each year to maintain your rights to your Territory, as follows: Second Contract Year $400,000 Third Contract Year $750,000 Fourth Contract Year $1,000,000 Fifth Contract Year and for Remaining Term of the Franchise Agreement Previous Year’s Minimum + 5% (but not more than $2,500,000) If you do not achieve these minimum revenue amounts then you must pay to us the balance of the minimum annual Continuing Franchise Fee, as described in Section 3.2 below.

  • The report shall show the computation of the Continuing Franchise Fee and the Continuing Advertising Contribution, and shall be accompanied by payment in full of all amounts owed.

  • Franchisee shall pay Great Clips biweekly as a continuing franchise fee (the "Continuing Franchise Fee") an amount equal to 6% of Franchisee's Gross Sales.