Franchise Year definition

Franchise Year means each calendar year in which the Franchise is operated by FTWCRL;

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Franchise Year means the twelve-month period year beginning each July 1 and ending on the following June 30.

Franchise Year means in respect of any year, twelve consecutive periods of one month each, as the Franchisor may at its discretion from time to time determine, provided that any change shall not increase the Franchisee’s liability for any amounts payable under this Agreement;

Examples of Franchise Year in a sentence

• In the third and subsequent Franchise Years (including each Franchise Year during any Renewal period), Franchisee is required to produce a minimum volume of Gross Sales sufficient to produce a Minimum Royalty Fee each Franchise Year of $5,000.00 (approximately $62,500.00 Gross Sales per year) in order to retain the rights granted herein by V2K.

• In the third and subsequent Franchise Years (including each Franchise Year during any Renewal period), Franchisee is required to produce a minimum volume of Gross Sales sufficient to produce a Minimum Royalty Fee each Franchise Year of $10,000.00 (approximately $125,000.00 Gross Sales per year) in order to retain the rights granted herein by V2K.

• In the second Franchise Year (does not apply to Renewals), Franchisee is required to produce a minimum volume of Gross Sales sufficient to produce a Minimum Royalty Fee of $5,000.00 (approximately $62,500.00 of Gross Sales).

• If Franchisee qualifies for, and pays, the Small Market Franchise Fee, instead of the amounts listed in the preceding paragraph, Franchisee is required in the first Franchise Year (does not apply to Renewals) to produce a minimum volume of Gross Sales sufficient to produce a Minimum Royalty Fee of $1,250.00 (approximately $15,625.00 of Gross Sales).

• In the first Franchise Year (does not apply to Renewals), Franchisee is required to produce a minimum volume of Gross Sales sufficient to produce a Minimum Royalty Fee of $2,500.00 (approximately $31,250.00 of Gross Sales).

• In the second Franchise Year (does not apply to Renewals), Franchisee is required to produce a minimum volume of Gross Sales sufficient to produce a Minimum Royalty Fee of $2,500.00 (approximately $31,250.00 of Gross Sales).

• The Franchisee shall contribute to the Fund in each Franchise Year an amount equal to one percent (1%), as determined by the Franchisor, of the Gross Sales for such Franchise Year.

• Unless another date is provided herein, or specified by the City Manager, Annual reports shall be submitted no later than sixty (60) days following the end of the Franchise Year.

• The failure of the Franchisee, except as may be excused by Uncontrollable Circumstances, to, in any Franchise Year, make at least 99.95% ofthe gross number of scheduled collections placed at the curb by Residential - Customers or at the designated collection points by Commercial Customers.

• The programs and budgets for each Franchise Year shall be submitted to the City Manager for approval prior to implementation of such.

More Definitions of Franchise Year

Franchise Year means any twelve-month period commencing on an Anniversary Date and extending to the day immediately preceding the next subsequent Anniversary Date.

Franchise Year means the fiscal year beginning on July 1 and ending on the following June 30.