Franchised Business definition
Examples of Franchised Business in a sentence
Franchisee agrees that any breach of the above quality control standards in respect of ingredients, materials, the Products, or any breach of the Manuals or the Methods in relation to the service provision, quality control, or the Products regarding the Franchised Business shall be grounds for making this Franchised Business non-exclusive, for reducing the exclusive Franchised Area, or termination of this Deed by Franchisor at its sole and absolute discretion.
Commencement of the Franchised Business shall be subject to the prior written approval of Franchisor (not to be unreasonably delayed or denied), and no Franchised Business may be conducted by Franchisee until all requirements under this clause 4.2 are substantially fulfilled to the reasonable satisfaction of Franchisor.
Franchisor shall cooperate with Franchisee as necessary to enable Franchisee to have all requirements attended to for the commencement of the Franchised Business.
Franchisor has the sole rights to and interest in all listings associated with the Franchised Business and any other Intellectual Property in respect of the Franchised Business.
Upon expiration or termination of this Deed for whatever reason, Franchisor shall have the right to immediately establish, operate or franchise the Franchised Business anywhere within the Franchised Area.