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 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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Existing Franchise Agreements means Seller’s franchise agreements relating to the Subject Restaurants.
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Examples of Existing Franchise Agreements in a sentence

  • 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.

  • 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 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.

  • There are no other management agreements, franchise agreements, license agreements or similar agreements for the operation or management of the Hotels or relating to the Brand, to which Seller is a party or which are binding upon the Properties, except for the Existing Management Agreement and the Existing Franchise Agreements.

  • 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.

  • Within ten (10) days following the Opening of Escrow, for each Hotel Buyer shall apply to Licensor for a new license agreement (with an effective date no earlier than the Closing Date) to replace the Existing Franchise Agreements for the unexpired term thereof.

  • Existing Franchisees will continue to pay royalties directly to Master Franchisee under the Existing Franchise Agreements, and Master Franchisee shall pay to BKAP or its designee a Royalty in an amount equal to two and one half percent (2.5%) of aggregate monthly Gross Sales (as defined in the Existing Franchise Agreements) at the Existing Franchised Restaurants.

  • The Existing Management Agreements and the Existing Franchise Agreements are in full force and effect, and shall remain in full force and effect until the termination of the Existing Management Agreements and the Existing Franchise Agreements at Closing, as provided in Section 14 hereof.

  • However, a change related to a routine task for which feedback is not yet sufficient cannot be considered as sufficiently mature.

  • Furthermore, RMI notes that community solar is inclusive of renters and low-income households (equity goals that EBCE subscribes to) and has siting and transmission advantages over remote utility-scale solar projects.


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 all such franchise agreements.
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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 each Franchise Agreement held by a Securitization Entity as of the Closing Date.
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Existing Franchise Agreements. The meaning specified in the Parent Asset Sale Agreement.
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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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Related to Existing Franchise Agreements

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Franchise Agreements means (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).

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

  • New Franchise Agreement means the franchise license agreement to be entered into between Buyer and the Franchisor, granting to Buyer a franchise to operate the Hotel under the Brand on and after the Closing Date.

  • Equipment Leases has the meaning set forth in Section 2.1.9.

  • 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.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • 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.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention 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.

  • Hotel Management Agreement means any management agreement or operating agreement pursuant to which a Hotel Operator manages the operations of a Hotel Asset.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Ground Leases shall have the meaning set forth in Section 4.15.

  • Management Agreement means the agreement of the Directors in the form attached hereto as Schedule C. The Management Agreement shall be deemed incorporated into, and a part of, this Agreement.

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or Distributors, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • IP Agreements means all material Copyright Licenses, Patent Licenses, Trademark Licenses, and all other agreements, permits, consents, orders and franchises relating to the license, development, use or disclosure of any material Intellectual Property to which a Pledgor, now or hereafter, is a party or a beneficiary, including, without limitation, the agreements set forth on Schedule III hereto.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Vendor Agreement means any form of agreement or documentation provided by the Contractor, including without limitation, an on-line agreement, proposal, or invoice, whether made a part of the Agreement or effective or purporting to be effective outside of the Agreement.

  • PJM Agreements means the PJM OATT, PJM Operating Agreement, PJM RAA and any other applicable PJM manuals or documents, or any successor, superseding or amended versions thereof that may take effect from time to time.

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • License Agreements shall have the meaning set forth in Section 8.11 hereof.

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

Most Referenced Clauses

Most Referenced Definitions