Franchise Business definition

Franchise Business means the business, carried on under the brand name of the Company and is being ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
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Franchise Business means the ownership or operation of any single or ------------------ multiple full-service hotel management or franchise system operating under one or more common brand names. Without otherwise expanding the definition of "Franchise Business," the term "Franchise Business" shall not include (i) the operation of hotels, whether owned by CCC or otherwise, pursuant to a franchise or similar license agreement with the owner or operator of the brand name as long as such owner or operator is not CCC, including the operation of full- service hotels owned by owners other than CCC pursuant to leases or management agreements, (ii) any business or activity with respect to limited-service hotels or (iii) any asset management activities undertaken with respect to hotels for the owners of such hotels.
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Franchise Business means the right granted by the Franchisor to the Franchisee to use the National Franchisor’s developed methods, computer systems and the Intellectual Property for the provision of Services to Clients in the Territory, in accordance with this Agreement.
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Examples of Franchise Business in a sentence

  • Total working lines in all the Clusters for which tender/bid is submitted by a bidderRequired Turnover from Franchise Business (INR)3,000 – 5,0001 Crore5,001 – 10,0002 Crore.10,001 or more3 CroreBidders will be required to support claims of their financial qualification through their audited financial statements duly certified by their CA.Note 1:-The bidders shall submit necessary documentary proof showing that they meet the eligibility criteria along with their tender bid.

  • According to research by the International Franchise Associa- tion (Franchise Business Economic Outlook, 2012), statistics show that franchisees have a much greater chance of success than those who are not in fran- chising, and also it is easier to run such a business in today’s global marketplace.Marketing is a very important part of every busi- ness model because marketing helps to improve the image of the company; it can attract new customers or clients and is focused on the needs of custom- ers.

  • Obligation to Participate in the Actual Operation of the Franchise Business.

  • Monitor vendor compliance with all terms and conditions of the purchase order.* G.

  • Any legal action, proceeding or mediation in relation to a dispute under the Agreement, shall be brought in the State or Territory within which the Franchise Business operates, unless otherwise agreed between the parties to the legal action or proceeding.


More Definitions of Franchise Business

Franchise Business means a business carried out by a qualified person using a local franchise brand;
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Franchise Business means the business operations of Franchisor involving the operation and management of the Franchise System.
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Franchise Business means the business of:
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Franchise Business means a business unit that is
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Franchise Business means a business unit that is owned or operated by a franchisee and that is subject to a marketing plan or system prescribed by the franchise.
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Franchise Business means a business conducted by a franchisee under a franchising contract.
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Franchise Business means, individually and collectively, the franchise businesses operated by DDF and DPF.
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