Examples of Master Franchise Agreement in a sentence
Based on the amount of unpaid Franchise Fees, the Company has certain rights under the Master Franchise Agreement.
The Company will pursue all remedies available to it under the Master Franchise Agreement, as appropriate.
The Company currently estimates that CBHS will be able to pay approximately $58.0 million to $68.0 million of the Franchise Fees in fiscal 1998, a $10.0 million to $20.0 million shortfall relative to amounts payable under the Master Franchise Agreement.
If the proposed plan is not approved by the Board of Directors of M Company Oy by 5.31.2020, M Company Ltd will be obliged to redeem the existing Master Franchise Agreement for a price of USD 250,000, with 50% of the purchase price to be paid at closing and the remaining 50% to be paid in equal instalments over the next 12 months.
After the Master Franchise Agreement (or other primary agreement) has been negotiated, the basic rules for parties are established.