Existing Franchise Agreements definition

Existing Franchise Agreements means that certain Franchise Agreement listed on Schedule A-3 attached hereto, as amended, modified, assigned, or otherwise supplemented from time to time.
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Existing Franchise Agreements means Seller’s franchise agreements relating to the Subject Restaurants.
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Existing Franchise Agreements means the franchise agreements by and between Master Franchisee as franchisor and an Existing Franchisee as franchisee in effect as of the Commencement Date, pursuant to which, among other things, Master Franchisee has granted a license to use the Burger King Marks to such Existing Franchisee in the Territory, and an “Existing Franchise Agreement” means any of them. All of the Existing Franchise Agreements are listed in Exhibit A.
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Examples of Existing Franchise Agreements in a sentence

  • At or prior to the Closing, Sellers shall terminate the Existing Management Agreements and the Existing Franchise Agreements, and Sellers shall be solely responsible for all claims and liabilities arising thereunder on, prior to or following the Closing Date.

  • Seller shall be responsible for paying all costs related to the termination of the Existing Management Agreements and Buyer shall be responsible for paying all reasonable and actual costs of the Franchisor related to the assignment or termination, as applicable, of the Existing Franchise Agreements.

  • Seller and the Franchisor shall terminate the Existing Franchise Agreements, as of the Closing Date, and Buyer shall be solely responsible for all claims and liabilities arising thereunder.

  • Subsequent to the execution and delivery of the Initial Consent, the Franchisees delivered to Wendy’s and WNAP, as beneficiaries, an Irrevocable Standby Letter of Credit in the face amount of One Million Dollars ($1,000,000) (the “DavCo Letter of Credit”) which replaced the letter of credit issued to Wendy’s pursuant to the Existing Franchise Agreements.

  • The security amounts shall be calculated as set forth in the Existing Franchise Agreements.

  • Master Franchisee’s Development Rights include the right during the Term to enter into New Franchise Agreements with Franchisees for the operation of Franchised Restaurants in the Territory, subject to the rights of Existing Franchisees under Existing Franchise Agreements and Existing Development Agreements.

  • Fees will be administered per Existing Franchise Agreements when applicable.

  • Master Franchisee will continue to provide the Services described in clause 10 through and including clause 12 relating to the Existing Franchise Agreements and receive compensation for such services, if any, directly from the Existing Franchisees, as provided in the Existing Franchise Agreements.

  • First and third sentences of such section 6 are classified to sections 479, 493, 494, 495, 497 of this title, respectively.

  • Existing Franchise Agreements with the City will abide to the agreement regarding fees.


More Definitions of Existing Franchise Agreements

Existing Franchise Agreements means agreements that you or your Owners have entered into with us or our Affiliates or predecessors prior to the date hereof for the operation of other Metal Supermarkets stores.
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Existing Franchise Agreements means each Franchise Agreement held by a Securitization Entity as of the Closing Date.
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Existing Franchise Agreements means, collectively, the franchise agreements identified as an “Existing Franchise Agreement” on each of the Project Exhibits.
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Existing Franchise Agreements. The meaning specified in the Parent Asset Sale Agreement.
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Existing Franchise Agreements means each of the franchise agreements ----------------------------- between any Seller and Marriott International relating to the operation of the Inns (or any of them) as a Fairfield Inn by Marriott hotel, together with any and all amendments thereto.
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Existing Franchise Agreements means all such franchise agreements.
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Related to Existing Franchise Agreements

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • Franchise Area means the area within the jurisdictional boundaries of the City, including any areas annexed by the City during the term of this Franchise.

  • Property Management Agreement means any property management agreement in respect of the Property or any portion thereof entered into in accordance with the terms of this Agreement.

  • Existing Agreements has the meaning as set forth in Section 3.2 hereof.

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Management Agreement means the agreement to be entered into between the Borrower and the Manager providing for the ship management and crewing services of the Vessel, such agreement to be in the form and on the terms and conditions required by the Agent;

  • Vendor Agreement means a contractual agreement for ancillary services or commodities which are not material for the provision of services under the head contract.