Subfranchise definition

Subfranchise means an agreement by which a person pays a franchisor for the right to sell or negotiate the sale of franchises.

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Subfranchise means an agreement, express or implied, oral or

Subfranchise means an agreement, express or implied, oral or written, by which a person pays or agrees to pay, directly or indirectly, a franchisor or affiliate for the right to grant, sell or negotiate the sale of a franchise.

Examples of Subfranchise in a sentence

Such action may, if BK so requires, include terminating the Sub-franchise Agreement or taking such other action as may be appropriate to ensure that the Developer resumes operation of the Outlet.
The fee is due and payable within 10 days from the date of signing the Subfranchise Agreement between the Franchisee and Subfranchisees, and on an annual basis thereafter throughout the term of the Subfranchise Agreement, on or before the date which is annual anniversary date of signing the Subfranchise Agreement.
Each franchised Burger King restaurant is operated pursuant to a written Sub-franchise contract between TAB Gida and the Sub-franchisee.
The Developer shall provide BK with one copy of the fully executed Sub-franchise Agreement on or prior to the opening date of the Sub-franchised Outlet.
The Developer shall upon request from BK promptly disclose to BK all franchise fees, royalties, advertising contributions, rentals and other payments paid or payable by the Sub-franchisee either initially in respect of the grant, or subsequently during the course of the Sub-franchise Agreement so that BK may know to the fullest extent possible what revenues are derived by the Developer and its affiliates from the Sub-franchise.

More Definitions of Subfranchise

Subfranchise means a franchise granted by a subfranchisor to a subfranchisee.

Subfranchise means any contract or agreement between

Subfranchise means an agreement, express or implied, oral or written, by which a person pays or agrees to pay, directly or

Subfranchise means any contract or agreement between a franchisor and a subfranchisor whereby the subfranchisor is granted the right, in consideration of the payment of a franchise fee in whole or in part for such right, to service franchises or to sell or negotiate the sale of franchises. Where used in this Act, unless specifically stated otherwise, "franchise" includes "subfranchise."

Subfranchise means a franchise granted by a subfranchisor to a subfranchisee. (« sous-franchise »)

Subfranchise means “subfranchise,” as defined in Section 31008.5 of the Corporations Code.

Subfranchise means an agreement by which a person pays a