Master franchise definition
Master franchise means an agreement by which a person pays a franchisor for the right to sell or negotiate the sale of franchises.
Master franchise means a franchise that is a right granted by a franchisor to a subfranchisor to grant or offer to grant franchises for the subfranchisor’s own account;
Master franchise means any agreement under which the franchisor authorises or permits the franchisee to use in Brunei Darussalam or overseas a business system owned or controlled by the franchisor, including the sub-franchising of the business system;
Examples of Master franchise in a sentence
Purchase Agreement and the Master Franchise Agreement, the payment of certain amounts by the Obligor and/or certain Subsidiaries of the Obligor under the Master franchise Agreement is to be supported by an irrevocable standby letter of credit to be issued by the Bank for the account of the Obligor and for the benefit of the Beneficiary (as defined below).
Master franchise arrangements are used on a limited basis domestically (the ▇▇▇▇▇▇-▇▇▇▇▇▇▇ brand has one “territory” franchise agreement for certain Midwestern markets) but more widely internationally for both the ▇▇▇▇▇▇-▇▇▇▇▇▇▇ brand and the Dunkin’ Donuts brand.
More Definitions of Master franchise
Master franchise means an agreement express or implied, oral or written, by
Master franchise means the legal document that authorizes a regulated Public Utility to place its facilities within state rights-of-way without any vested interest therein under the provisions of 17 Del.C. §1953 and supplements thereto.
Master franchise means an agreement express or implied, oral or written, by which a person pays a franchisor for the right to sell or negotiate the sale of franchises.
Master franchise means a franchise in which the franchisor grants to a subfranchisor the right:
Master franchise means a franchise or licensing arrangement subject to a Master Franchise Agreement for the operation of a Master Franchise Business.
Master franchise means the right granted by a franchisor to a subfranchisor to sell or offer franchises for the subfranchisor’s own account; (“franchise maîtresse”)
Master franchise means an agreement by which a person pays a