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.

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.

Initial Franchise Fee is defined in subparagraph 5.0 l (a) hereof.

Examples of Initial Franchise Fee in a sentence

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

• Initial Franchise Fee In consideration for the right to develop and operate one [Insert Franchise Name] franchise, the Franchisee agrees to pay to the Franchisor an initial franchise fee, which is due and payable as of the date of execution of this Agreement.

• For each additional Franchise purchased from FRANCHISOR, FRANCHISEE shall pay one-half (1/2) of the Initial Franchise Fee as described in Subparagraph 3.B(1) and the balance as described in Subparagraph 3.B(2) herinabove, for the Franchise Agreement governed by the such Franchise(s).

• Notwithstanding the provisions of Section 4.1 of the Franchise Agreement, Franchisee shall not pay Franchisor an Initial Franchise Fee.

• The Initial Franchise Fee shall be deemed fully earned and non‐refundable when paid, in consideration of administrative and other expenses incurred by Franchisor in selecting and accepting Franchisee as a franchisee, in training Franchisee, and for Franchisorʹs lost or deferred opportunities to enter into this Agreement with others.

More Definitions of Initial Franchise Fee

Initial Franchise Fee means the initial fee that Franchisee must pay Franchisor for the right to operate the Franchised Restaurant under this Agreement in the sum of $30,000.

Initial Franchise Fee means the initial franchise fee referred to in

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.

Initial Franchise Fee. The initial franchise fee referred to in Section 4A of the above- captioned agreement shall be _________________________________ Dollars ($_______________ ).

Initial Franchise Fee shall have the meaning set forth in Section 4.3(A).

Initial Franchise Fee means the fee described in Subsection 3.1(a).

Initial Franchise Fee means the initial fee Franchisee must pay to Franchisor upon Franchisee’s execution of this Agreement as set forth in Section 4(a) and in the amount set forth in the Summary Page.