Examples of International Franchisor in a sentence
The International Royalties Concentration Account, the related Lock-Box, the Venezuelan Royalties Concentration Account and the Cayman Islands Royalties Concentration Account are owned by the International Franchisor.
On or prior to the Initial Closing Date, the title of the Domestic Royalties Concentration Account, the Domestic Distribution Concentration Account, the International Royalties Concentration Account, the Venezuelan Royalties Concentration Account and the Canadian Distribution Concentration Account and the Lock-Boxes related to each such Concentration Account shall be transferred to the Master Issuer, the Domestic Distributor, the International Franchisor and the Canadian Distributor, as the case may be.
The Canadian Distributor, the IP Holder, the International Franchisor, the Domestic Distribution Real Estate Holder and the Domestic Distribution Equipment Holder have no subsidiaries and own no Equity Interests in any other Person other than any Additional Securitization Entity.
If International Franchisor, in its sole discretion, approves JEG-United’s development of additional PLANET FITNESS businesses at such locations (the “Additional Businesses”), the first two (2) franchise agreements for such PLANET FITNESS businesses (the “Additional Franchise Agreements”) will contain substantially the same terms as the Current Franchise Agreements.
If, and to the extent, International Franchisor requires monthly contributions to the MAF, such contributions will offset the LAF Requirement.
Possess a track record of at least 3 years in franchising- Have a presence in at least 3 foreign markets- Have direct or indirect presence in Singapore *Applies only to the International Franchisor of the Year Award.
For each new PLANET FITNESS location developed pursuant to the Potential ADA, JEG-United will spend between Twenty Thousand U.S. Dollars ($20,000) and Thirty Thousand U.S. Dollars ($30,000) per month on pre-sale/grand opening marketing during the pre-sale/grand opening period, with such period to be designated by International Franchisor and to continue for no longer than twelve (12) months after the Commencement Date.
If the Potential ADA is executed by the end of the Potential ADA Negotiation Period, and, if by such time, International Franchisor has updated its standard form of Franchise Agreement for the Country, JEG-United (and/or its subsidiaries) shall have the right, exercisable by written notice within thirty (30) days of executing the Potential ADA, to amend the Current Franchise Agreements and the Additional Franchise Agreements to conform them to such updated form.
Owner desires, that the Hotel be operated in accordance with the standards of Marriott International (Franchisor) and to turn over to Operator control and responsibility in the operation, direction, management, and supervision of the Hotel, subject to the terms and conditions set forth herein.
Technical Assistance Fee 2.25% 2.75% 3.25% Trademark License Fee 2.25% 2.75% 3.25% For the avoidance of doubt, JEG-United will make effective any applicable withholding tax on the above fees and will remit the remaining fees to International Franchisor thereafter.