Franchisee Payments means all amounts payable to a Securitization Entity by Franchisees pursuant to the Franchise Documents other than Excluded Amounts.
Franchisee Payments means, all amounts payable to a Franchise Entity by Franchisees pursuant to the Franchise Documents other than Excluded Amounts.
Franchisee Payments means all amounts payable to any SPV Franchising Entity by or on behalf of Franchisees pursuant to the Franchise Documents, including, without limitation, franchise fees, Maaco Net Advertising Commissions in the United States, Advertising Fees, software and systems licensing and maintenance revenue, referral, renewal and transfer fees (if any), amounts in respect of product and equipment sales (including rebates or other amounts), franchise royalty payments, and amounts paid by Franchisees on short-term notes, fees in respect of the administration of insurance programs, other than, in any case, Excluded Amounts.
Examples of Franchisee Payments in a sentence
PULSE Maintenance Fees $ (2,207.04 f.PULSE License Fees$ 973,962.92 g.Technology Fees15,990,759.88 h.Franchisee Insurance Proceeds$ — i.Other Franchisee Payments$ —ii.
Then,Note that the I-propagation algorithm ignores preconditions.
PULSE Maintenance Fees $ (1,405.31 f.PULSE License Fees$ 1,730,167.33 g.Technology Fees23,252,816.58 h.Franchisee Insurance Proceeds$ — i.Other Franchisee Payments$ —ii.
Technology Fees18,685,455.53h.Franchisee Insurance Proceeds$ —i.Other Franchisee Payments$ —ii.Company-Owned Stores License Fees$ 5,444,912.77iii.
More Definitions of Franchisee Payments
Franchisee Payments means, all amounts payable to a Guarantor by Franchisees pursuant to the Franchise Documents other than Excluded Amounts.
Franchisee Payments means, collectively, all amounts paid by or on behalf of Domestic Franchisees and International Franchisees to the Domestic Franchisor or the International Franchisor under or in connection with the Domestic Franchise Arrangements and the International Franchise Arrangements that are Continuing Franchise Fees, Initial Franchise Fees, Other Franchise Fees, PULSE Maintenance Fees, PULSE License Fees, Technology Fees or Franchisee Insurance Proceeds and any other amounts payable in respect of such Franchise Arrangements by or on behalf of any such Franchisee that are not Excluded Amounts.
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 Ratio (including any financial and accounting terms included in the components thereof), or determining whether an obligation constitutes a Capitalized Lease Obligation, GAAP shall mean generally accepted accounting principles in the United States promulgated or adopted
Franchisee Payments means Continuing Franchise Fees, Initial Franchise Fees, Franchisee Lease Payments, Franchisee Insurance Proceeds, and Product Sourcing Proceeds and any other amounts payable in respect of the Franchise Arrangements by or on behalf of a Franchisee.
Franchisee Payments means, collectively, all amounts paid by or on behalf of Domestic Franchisees and International Franchisees to the Domestic Franchisor, the International Franchisor or the International Franchisor (Michigan) under or in connection with the Domestic Franchise Arrangements and the International Franchise Arrangements that are Continuing Franchise Fees, Initial Franchise Fees, Other Franchise Fees, PULSE Maintenance Fees, PULSE License Fees, Technology Fees or Franchisee Insurance Proceeds and any other amounts payable in respect of such Franchise Arrangements by or on behalf of any such Franchisee that are not Excluded Amounts.
Franchisee Payments means, collectively, all amounts paid by or on behalf of Domestic Franchisees and International Franchisees under or in connection with the Domestic Franchise Arrangements and the International Franchise Arrangements that are Continuing Franchise Fees, Initial Franchise Fees, Other Franchise Fees, PULSE Maintenance Fees, PULSE License Fees or Franchisee Insurance Proceeds and any other amounts payable in respect of such Franchise Arrangements by or on behalf of any such Franchisee that are not Excluded Amounts.
Franchisee Payments means the payments payable under the Franchise Documents, including without limitation, Franchise Fees, Franchise Royalties and Non-Branded Payments, and shall include the right to receive all of the foregoing; provided, however, that Franchisee Payments shall not include payments related to Excluded Fees or any payments with respect to non-Arby's(R) branded products sold by Arby's or its Affiliates outside of the Restaurants.