Initial Franchise Fee definition

Initial Franchise Fee means a non-recurring, non-refundable payment paid by Franchisee to Franchisor in consideration of the grant of the TapSnap franchise and provision of the Initial Training Program.
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Initial Franchise Fee is defined in subparagraph 5.0 l (a) hereof.
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Initial Franchise Fee means the $40,000 initial fee that Franchisee must pay Franchisor for the right to operate a JINYA Ramen Bar under this Agreement.
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Examples of Initial Franchise Fee in a sentence

  • The cost of the Initial Training Program is included in the Initial Franchise Fee.

  • If Franchisor terminates this Agreement because of Franchisee’s failure to complete the Initial Training Program to Franchisor’s satisfaction, Franchisor will refund Franchisee’s Initial Franchise Fee.

  • After such payment by FRANCHISEE, such portion of the Initial Franchise Fee shall not be refundable.

  • If an Authorized Location is not designated by you and approved by us within 90 days from the date of this Agreement, we have the right to declare this Agreement null and void without the return of any Initial Franchise Fee or other amounts paid to us.

  • The Initial Franchise Fee is due and payable to us on the day that you sign this Agreement.


More Definitions of Initial Franchise Fee

Initial Franchise Fee means the initial fee that Franchisee must pay Franchisor for the right to operate the Spitz Restaurant under this Agreement in the sum of $35,000.
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Initial Franchise Fee means the initial franchise fee referred to in
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Initial Franchise Fee means certain non-refundable fees paid by a Franchisee to Master Licensee as follows: (a) the initial franchise fee, in consideration for the grant of a franchise to operate a Unit; (b) a transfer or relicense fee, in consideration for the authorization to transfer or relicense the Unit, the franchise or assign the Franchise Agreement to a new owner; (c) the renewal fee, if any, in consideration for the extension, modification or renewal of the Franchise Agreement; and (d) the license fee paid by the licensee of the Unit Reservation Software.
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Initial Franchise Fee means the fee described in Subsection 3.1(a).
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Initial Franchise Fee. The initial franchise fee referred to in Section 4A of the above- captioned agreement shall be _________________________________ Dollars ($_______________ ).
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Initial Franchise Fee shall have the meaning set forth in Section 4.3(A).
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Initial Franchise Fee means a franchise fee of Eighteen Thousand Dollars ($18,000.00), Six Thousand Dollars ($6,000.00) of which shall be designated as a non-refundable training fee as set forth in Section 7.3. of this Agreement and shall be payable upon execution. The remaining Twelve Thousand Dollars ($12,000.00) of the Initial Fee shall be payable beginning the first month of Contract Year 2 at a rate of One Thousand Dollars ($1,000) per month, deducted from Franchisee's Share. If this Agreement is Franchisee's second or subsequent franchise agreement, the amount of the franchise fee shall be Ten Thousand Dollars ($10,000.00).
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