Franchise Stores means Blockbuster franchise stores that are operated pursuant to binding franchise agreements. If designated by Blockbuster as ordering Copies through Blockbuster, such Franchise Store shall become a Participating Store.
Franchise Stores means Blockbuster franchise stores operated under the Blockbuster trademarks and designated by Blockbuster from time to time as ordering Copies through Blockbuster, subject to Paragraph 4.c. hereof.
Franchise Stores means all Stores that are owned and operated by a Franchisee that is unaffiliated with the Franchisor and its Affiliates.
Examples of Franchise Stores in a sentence
The Manager will maintain one or more accounts designated as an “Advertising Fund Account” in the name of NAF (or a Subsidiary thereof) for fees payable in respect of Franchise Stores, Securitized Corporate-Owned Stores and Retained Corporate-Owned Stores to fund the national marketing and advertising activities with respect to the Planet Fitness Brand (the “Advertising Fees”).
More Definitions of Franchise Stores
Franchise Stores means all Stores that are owned and operated by a Franchisee that is unaffiliated with the Franchisor and its Affiliates. “Franchise Store Business” means the business of owning and operating the Franchise Stores and the provision of ancillary goods and services in connection therewith. “Franchisee” means any Person that is a franchisee under a Franchise Agreement. “Franchisee Lease Payments” means all lease payments, Taxes and any other amounts payable by Franchisees to a Securitization Entity in respect of Securitized Franchisee Leases. “Franchisee Note” means any franchisee note or other franchisee financing agreement entered into in order to finance the payment of franchisee fees or other amounts owing by a Franchisee. “Franchisee Payments” means all amounts payable to a Securitization Entity by Franchisees, whether directly or indirectly, pursuant to the Franchise Documents, including Royalty Payments and Other Franchisee Payments, but excluding Excluded Amounts. “Franchisor” means Planet Fitness Franchising LLC, a Delaware limited liability company, and its successors and assigns. “Franchisor Capital Account” means the account maintained in the name of the Franchisor and any Additional Securitization Entity that from time to time acts as the franchisor with respect to New Franchise Agreements and New Securitized Area Development Agreements, as applicable, into which such Securitization Entity causes amounts to be deposited pursuant to Section 5.2(d) of the Base Indenture or any successor account established by such Securitization Entity for such purpose pursuant to the Base Indenture. “Future Brand” means any name or Trademark (including any Trademarks related to, based on or derivative thereof, but excluding the Planet Fitness Brand or any Trademark owned by the Securitization Entities as of the Initial Closing Date) that (i) is acquired or developed by Holdco or any of its Subsidiaries and subsequently contributed to one or more Securitization Entities in a manner consistent with the terms of the Related Documents or (ii) that is acquired or developed by the Master Issuer or any one or more Securitization Entities in a manner consistent with the terms of the Related Documents. “GAAP” means the generally accepted accounting principles in the United States promulgated or adopted by the Financial Accounting Standards Board and its predecessors and successors in effect from time to time; provided that, for purposes of computing the Holdco Leverage Rati...