Examples of Franchising Contracts in a sentence
The Franchising Contracts previously provided by the Company to Parent and Merger Sub accurately reflect in all material respects, the royalty and other payment arrangements applicable to the subject Franchisee, and there has been no material amendment, modification or waiver, whether written or oral, of any such royalty or fee arrangement.
Except for the current Franchising Contracts with the franchisees identified on Schedule 3.14(b)(ii) attached to this Agreement, there are no differences between any actual outstanding Franchise Contract and the corresponding Form Franchising Contract.
Griffith, An Empirical Study of Fast-Food Franchising Contracts: Towards a New Intermediary Theory of Joint Employment, 94 Wash.
The Directors (including the independent non-executive Directors) consider that the terms of the Franchising Contracts are fair and reasonable and in the interest of the Shareholders and the Company as a whole and they recommend the Shareholders to vote in favour of the resolution(s) at the EGM.
The Title VI Coordinator shall designate a Department Head to lead the investigation.
As one or more of the applicable percentage ratios (as defined in Rule 14.07 of the Listing Rules) in respect of the transaction amounts under the Franchising Contracts, when aggregated with the Previous Transactions, is above 5%, the respective transactions under the Franchising Contracts are subject to the reporting, annual review, announcement and Independent Shareholders’ approval requirements under Chapter 14A of the Listing Rules.
Moreover, as explained in paragraphs 3 and 4 above, the annual caps under the Franchising Contracts are not determined with reference to the previous transaction amount.
The Franchising Contracts previously provided by the Company to Parent and Merger Sub accurately reflect, in all material respects, the royalty and other payment arrangements applicable to the subject Franchisee, and there has been no material amendment, modification or waiver, whether written or oral, of any such royalty or fee arrangement.
Company has made available to Parent correct and complete copies of each of its Franchising Contracts and each guarantee of a Franchisee’s performance thereunder.
Your attention is drawn to the letter from the Independent Board Committee as set out on page 11 of this circular which contains its recommendation to the Independent Shareholders on the terms of the Franchising Contracts.