Franchise Rights definition

Franchise Rights mean the rights of a franchisee of any Loan Party or Subsidiary within any specified geographic area.
Franchise Rights means all rights, privileges and interests of the Borrower and its Consolidated Subsidiaries to own, operate and develop franchised restaurants as a franchisee, whether now or hereafter existing, and whether with respect to the operation of any "Applebee's" restaurants or otherwise.
Franchise Rights means all of the Ownership Rights and Option Rights of the Seller.

Examples of Franchise Rights in a sentence

  • CUSTOMER shall also reimburse PG&E for actual and reasonable costs incurred by PG&E pursuant to: Sections 4.4 (Quit and Surrender), 9.2(d) (Contest of Ad Valorem Taxes), 9.5 (Incremental Property Rights Costs), 9.6 (Franchise Rights and Licensing Costs), 9.7(a) Release of Liens, 10.3(h) (Equitable Relief), 10.12 (Interference), 13.1 (Discontinuance and Relocation), 15.2 (CUSTOMER Indemnity), 19.1 (Income Taxes), and 20.10 (Attorney Fees).

  • The Franchisee acknowledges that any appropriation or duplication of the Trademark and associated Intellectual Property Rights, Trade Name, Know How and Products and Services or any part of the Business thereof for any use or purpose other than for the operation of the Business at the Approved Location(s) shall materially impair the value of the Business, as well as the value of the Franchise Rights granted by the Franchisor to all (Trademark) Franchisees.

  • The Sewer Franchise Rights are granted to the Company for a term of twenty (20) years commencing from the date the ordinance set forth in Section 2.3 is approved and effective (the “Franchise Term”).

  • However, as to any such Company mains, pipes, and any other facilities actually in place when a new area is incorporated, said Sewer Franchise Rights shall remain in full force and effect.

  • On December 21, 2020, Public Service initiated this proceeding by filing a Verified Application for An Order Granting to it a Certificate of Public Convenience and Necessity to Exercise Franchise Rights in the City of Boulder (“Application”).


More Definitions of Franchise Rights

Franchise Rights means any and all rights relating to the ownership, operation and development of one or more restaurants branded as “Hurricane Grill & Wings”.
Franchise Rights means any and all rights relating to the ownership, operation and development of one or more Ruth’s Chris Steak House franchise restaurants pursuant to the Franchise Agreements.
Franchise Rights. The rights granted by the Franchisor to the Franchisee to establish and operate the Business, utilize the Trademarks and associated Intellectual Property Rights, make use of the accumulated Know-How and to offer the Products and Services in Stores completely owned by the Franchisee in the Territory, where the Franchisor shall not operate the Business by itself and shall not grant others any similar rights.
Franchise Rights means any and all rights relating to the ownership, operation and development of one or more restaurants branded as “Elevation Burger”.
Franchise Rights has the meaning described in Section 6.E.
Franchise Rights means all rights, privileges and interests of Lessee and its Consolidated Subsidiaries to own, operate and develop franchised restaurants as a franchisee, whether now or hereafter existing, and whether with respect to the operation of any "Applebee's" restaurants or otherwise.
Franchise Rights is defined in Section 5.18(b).