Master Franchise Agreement definition

Master Franchise Agreement. Master Franchise Agreement" shall mean the master franchise agreement, in form and substance satisfactory to Purchaser, to be executed by Franchisor and Lyric, pursuant to which Franchisor grants to Lyric the right to use Franchisor's names, marks, systems and proprietary information.
Master Franchise Agreement means an agreement whereby one person (“the master franchisor”) grants another for consideration, the right to exploit a franchise and the right to enter into sub-franchise agreements with other persons;
Master Franchise Agreement means the Master Franchise Agreement to be entered into between Sellers and the Buyer on the Closing Date, substantially in the form of Exhibit K attached hereto and pursuant to which Sellers will grant a franchise and license for the use of the ampm Marks in an exclusive territory more particularly described therein, but generally consisting of Southern California, Arizona and Nevada.

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.


More Definitions of Master Franchise Agreement

Master Franchise Agreement or “MFA” the Amended and Restated Master Franchise Agreement by and between Pizzavest China Ltd. and Domino’s Pizza International Franchising Inc., dated June 1, 2017, as amended from time to time
Master Franchise Agreement or “MFA” means the Master Franchise Agreement for XxXxxxxx’ s Restaurants, dated as of August 3, 2007, among XxXxxxxx’x Latin America, LLC, LatAm, LLC, each of the MF Subsidiaries, Xxxxx Dorados Limited, Xxxxx Dorados Cooperatieve U.A., Xxxxx Dorados B.V. and Los Laureles, Ltd., as amended, modified or supplemented from time to time in accordance with such agreement and this Agreement.
Master Franchise Agreement means the agreement entitled “Master Franchise Agreement” dated in or about October 1996 between KFC and CFI and the deed entitled “Deed of Assignment and Guarantee” dated 21 August 2000 between KFC, CFI (as assignor), CRQ (as assignee) and CFG (as guarantor);
Master Franchise Agreement. The Amended and Restated Master Franchise Agreement, dated as of June 23, 1998, between Lyric and Franchisor, as amended from time to time, setting forth common terms and conditions for the franchising of certain trade names, systems and other proprietary materials for the Facilities.
Master Franchise Agreement means the Master Franchise Agreement, dated as of March 27, 1996, between HSA Properties, L.L.C. and U.S. Franchise Systems, Inc.
Master Franchise Agreement means an agreement between any Company or any Subsidiary and a Franchisee under which the Franchisee has been granted the right to open, and sublicense third-party subfranchisees to open, more than one Franchise under the trade name of such Company or such Subsidiary within a designated geographical area and within a defined period of time, including any addendum, amendment, extension or renewal thereof, and together with any guarantee or other instrument or agreement relating thereto.
Master Franchise Agreement means that certain Master Franchise Agreement in the form of Exhibit D attached hereto.