Initial Franchise Fees definition

Initial Franchise Fees means all initial franchise fees due and to become due under or in connection with any Domestic Franchise Arrangement or any International Franchise Arrangement.
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Initial Franchise Fees means, in the aggregate, the nonrecurring initial franchise fees payable pursuant to Section 6.1 of the Franchise Agreements.
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Examples of Initial Franchise Fees in a sentence

  • Any indemnification obligation of Franchisor is limited to the Initial Franchise Fees and Equipment Purchase fees paid by Franchisee to Franchisor.

  • In any arbitration or legal proceeding, Franchisor’s liability to Franchisee for damages shall be limited to recovery of any Equipment Purchase Fees and Initial Franchise Fees paid by Franchisee to Franchisor.

  • We believe that Core Revenue is an appropriate measure of operating performance because it summarizes all of our revenues from sales of individual insurance policies.•"Cost Recovery Revenue" is a supplemental measure of our performance and includes Initial Franchise Fees and Interest Income.

  • Revenue from Initial Franchise Fees is generated from a contract between the Company and a franchisee.

  • Purge and Trap has been used to extract VOCs from a solid or liquid matrix for introduction into a GC- MS for separation and identification.

  • However, the amount of Initial Franchise Fees otherwise required to be remitted hereunder shall be aggregated and credited at the rate of Ten Thousand Dollars ($10,000) per Franchised Restaurant “developed and opened” hereunder up to and until an amount equal to the amount of the Area Development Fee has been so credited.

  • Developer shall pay to Franchisor Initial Franchise Fees for each Franchised Restaurant “developed and opened” hereunder (“Initial Franchise Fee”) in the amount of Franchisor’s then-current Initial Franchise Fee.

  • These amounts will be credited towards the Initial Franchise Fees payable by you as you develop Popeyes Restaurants during the first year and last year of the Development Schedule, until the amounts are exhausted.

  • Let Gtgt be an RMW-execution, and let a, b Gtgt.E such that a, b is Gtgt.sb-adjacent.

  • As partial consideration to induce Franchisor to enter into this Agreement, Developer shall pay to Franchisor the Area Development Fee and Initial Franchise Fees set forth below, the payment of all of which shall be punctually made when due.

Related to Initial Franchise Fees

  • License Fees means all non-refundable fees payable by Licensee to OT with respect to the granting of Software Licenses; “License Model” means the description of the conditions, limitations and restrictions associated with the Software License which govern the use of the Software, as set out in the applicable License Model Schedule;

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • Support Fees means the fees, if any, payable by the State for Maintenance and Support Services as set forth in the Maintenance and Support Schedule.

  • Milestone Payment has the meaning set forth in Section 7.2.

  • Franchise Agreements means (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).

  • Development Charges or “DC” shall mean the amount charged by the Company from the Applicant(s) towards carrying out the developmental works inside or around the Project, including but not limited to the payment of the following: