Franchise Rule definition
Examples of Franchise Rule in a sentence
The parties understand and agree that, to the extent that the transactions relating to Existing Properties described in this Agreement constitute or could be construed as constituting a franchise sale, such franchise sale shall be exempt from the Federal Trade Commission’s Franchise Rule disclosure requirements pursuant to 16 C.F.R. 436.8(a)(6) and/or one or more exemptions or exclusions under each Applicable Law with a Registration/Disclosure Requirement.
The parties intend that the relationship between them is defined as an exemption by the Federal Trade Commission's Trade Regulation Franchise Rule, 16 CFR 436.2(a)(3)(i),(h).
To the Company’s Knowledge, none of the business arrangements that the Company or any of its Subsidiaries has with any of its dealers constitutes a “franchise” under the Federal Trade Commission’s Franchise Rule, 16 C.F.R. Part 436, or any other applicable Law.
In particular, it is our objective to refrain from charging you any amount deemed to be a franchise fee under any state franchise law or the Federal Trade Commission Franchise Rule which would be otherwise applicable to this Agreement.
One of the changes to the Franchise Rule that the FTC Staff proposes concerns the inclusion of information in the disclosure document about independent franchisee associations, including their full contact details.
The Service Provider is prohibited from making any Financial Performance Representations, as that term is defined in the FTC Franchise Rule; except as follows: If the Company decides, in its sole determination, to make a Financial Performance Representation it will provide that Financial Performance Representation to the Service Provider, and in that situation, the Service Provider may make that, and only that, specific Financial Performance Representation.
The Franchise Rule is published by the Federal Trade even The Franchise Rule seeks to facilitate informed decisions and sometimes prevent trouble in purchase sale of franchises by requiring franchisors to provide prospective franchisees with essential information prior to redeem sale.
With the Amended FTC Franchise Rule entitled Disclosure Requirements and.
None of the business arrangements that such Company or any of its Subsidiaries has with any of its dealers constitutes a “franchise” under the Federal Trade Commission’s Franchise Rule, 16 C.F.R. Part 436, or any other applicable Law.
First adopted by the FTC in 1979 the Franchise Rule broadly defines a.