Franchisee Agreement definition

Franchisee Agreement or "Agreement" means this legal contract document and any amendments, exhibits or appendices hereto.

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Franchisee Agreement means (a) in the case of a franchise or dealer that is not a Snap-on Originator, an agreement, as amended, modified, restated or supplemented from time to time, either (i) between a Franchisee that is a “franchisee” and Snap-on Credit on commercial terms substantially similar to those set forth in the form attached hereto as Exhibit I-1, (ii) between a Franchisee that is a “dealer” and Snap-on Credit on commercial terms substantially similar to those set forth in the form attached hereto as Exhibit I-2, or (iii) any franchisee or dealer agreement entered into in the normal course of the applicable Seller’s business (but not in the form of Exhibits I-1 or I-2 attached hereto) so long as, in the case of this clause (iii), such agreement is either (x) executed prior to the Closing Date and the aggregate principal amount of Pledged Contracts originated under such agreements does not exceed 5% of the aggregate principal amount of all Pledged Contracts at such time, or (y) consented to in writing by the Required Lenders, or (b) in the case of any Snap-on Originator, a written sale or similar agreement between such Snap-on Originator and Snap-on Credit reflecting the applicable arrangements pursuant to which such Snap-on Originator sells, transfers or otherwise conveys Contracts and other assets from time to time on customary arms-length business terms to Snap-on Credit in the ordinary course of business.

Franchisee Agreement means (1) in the case of a franchise or dealer that is not a Snap-on Originator, an agreement, as amended, modified, restated or supplemented from time to time, either (w) between a Franchisee that is a “franchisee” and Snap-on Credit on commercial terms substantially similar to those set forth in the form attached hereto as Exhibit I-1, (x) between a Franchisee that is a “dealer” and Snap-on Credit on commercial terms substantially similar to those set forth in the form attached hereto as Exhibit I-2, or (y) any franchisee or dealer agreement entered into in the normal course of the applicable Seller’s business (but not in the form of Exhibits I-1 or I-2 attached hereto) so long as, in the case of this clause (y), such agreement is either (i) executed prior to the Closing Date and the aggregate principal amount of Pledged Contracts originated under such agreements does not exceed 5% of the aggregate principal amount of all Pledged Contracts at such time or (ii) consented to in writing by the Required Lenders or (2) in the case of any Snap-on Originator, a written sale or similar agreement between such Snap-on Originator and Snap-on Credit reflecting the applicable arrangements pursuant to which such Snap-on Originator sells, transfers or otherwise conveys Contracts and other assets from time to time on customary arms-length business terms to Snap-on Credit in the ordinary course of business.

Examples of Franchisee Agreement in a sentence

By accepting the Franchisee and executing this Distribution Franchisee Agreement, the Distribution Franchisee accepts and agrees to comply with the provisions of this Distribution Franchisee Agreement and the Electricity ▇▇▇ ▇▇▇▇ and regulations framed thereunder.
Cases of excessive billing, if any, during the last three months shall be jointly identified by the DISCOM and DF and shall be referred to the high level committee envisaged under Annexure – 4 ‘Procedure for recovery of arrears’ in the Distribution Franchisee Agreement.
Without prejudice to its other rights, DISCOM shall have the first and paramount charge over all receivables of Franchisee at all times for all the amounts becoming due from Franchisee to DISCOM under this Distribution Franchisee Agreement.
Further, Net Franchisee Fees (upon adjustment of revenue from consumers in Project Area) shall be payable from the date of commissioning of Off‐Grid Renewable Energy System through the Term of the Franchisee Agreement as per escalation factors (if applicable), as outlined in the following Table.
This Franchisee Agreement shall automatically stand terminated in case distribution network of the Distribution Licensee reaches the Project Area and the grid connectivity to the Off‐Grid Renewable System of the Rural System Operator can be easily established.
Vakrangee shall be entitled to terminate this Agreement by written notice of 30 (thirty) days to the Franchisee, if the Franchisee does not achieve his/her targets for three consecutive months, applicable from a gestation period of 1 year from the date of Franchisee Agreement.
The Franchisees of the subdivisions will be required to sign the standard form Franchisee Agreement then being offered to new System international franchisees should they wish to continue their Franchised Business.
The default by any Petro franchisee of any provision of the Franchisee Agreement shall have no effect on this Agreement.
Definition of Terms For the purpose of this Distribution Franchisee Agreement (including all its annexures), the following terms, phrases and their derivations shall have the meanings given below unless the context clearly mandates a different interpretation.
For the purpose of this Distribution Franchisee Agreement (including all its annexures), the following terms, phrases and their derivations shall have the meanings given below unless the context clearly mandates a different interpretation.

More Definitions of Franchisee Agreement

Franchisee Agreement. ’ means an agreement, including any annexure or attachment thereto, between a HQ Member and any other party:

Franchisee Agreement means each Franchise Agreement between the Borrower, on the one hand, and a Franchisee of one or more a Chiropractic Care Facilities, on the other hand.

Franchisee Agreement means each franchise agreement (together with any related guaranty agreements) that provides for the operation or development of the Company’s “▇▇▇▇▇’▇ Roadhouse”® restaurants.