Examples of Master Franchise Agreements in a sentence
Royalty income from Franchise or Master Franchise Agreements (MFAs)The Group recognises royalty revenue derived from its Franchises and MFAs at a point in time, based on sales by Franchisees that are reported back to Company on a monthly basis for sales that occurred in that month.
GRILLiT INC is still seeking to tap into the potential of this business due to it’s strong product, trademarks, and completed development Franchise Disclosure Document, Master Franchise Agreements, and Franchisee model established.
Secured areas and technically Secured areas may be set up temporarily within an administrative area for a classified meeting or any other similar purpose.
The execution, delivery and performance by each of the Company and Merger Sub of this Agreement and the other Transaction Agreements to which it is or will be a party and the consummation by each of the Company and Merger Sub of the transactions contemplated hereby and thereby do not and will not in any material respect violate, conflict with, result in a breach of, result in the termination of, or result in a right of termination under, the Master Franchise Agreements.
The structure of the enterprise is imposed by the Master Franchise Agreements and the Unit Franchise Agreements entitled Service Agreements.