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Franchise Agreements definition

Franchise AgreementsÌýmeans (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).
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Franchise AgreementsÌýhas the meaning set forth in Section 4.7(e).
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Franchise AgreementsÌýmeans any franchise agreements whether now existing or hereafter entered into by the Parent or any of its Subsidiaries and related to the franchising of the business of operating a Franchised Location, and all other agreements with any Franchisee, sub-franchisee or similar Person to which any Loan Party is a party, in each case, related to the franchising of the business of operating a Franchised Location, all as amended or modified from time to time.
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Examples of Franchise Agreements in a sentence

  • All franchise fees, reservation fees, royalties, marketing fees and other sums and payable due under the Franchise Agreements have been paid in full or are current.

  • A true, correct and complete copy of the Franchise Agreements, together with all amendments and ancillary agreements or side letters related thereto, have been delivered to Lender.

  • For purposes of this Agreement, prior, affirmative consent, as necessary and applicable, shall be deemed to have been granted by Pizza Hut (in writing) under the applicable Franchise Agreements for the closure of the Closing Restaurants (as defined below).

  • To the best of Seller's knowledge, except as may be shown in said exhibit, all of the Franchise Agreements are in full force and effect and free from default, Seller is current in the payment of all fees due under the Franchise Agreements, and there is no existing event which, with the passage of time or the giving of notice, or both, could become a default under the Franchise Agreements, and there are no disputes, claims, or rights of set-off under the Franchise Agreements.

  • For the avoidance of doubt, the inclusion of the CAA in the definition of Ancillary Agreements shall in no way be construed as an admission by either of the Parties as to the status or effect, if any, of the CAA on the Franchise Agreements, and the Parties reserve all rights under the CAA, the Bankruptcy Code, and other applicable law regarding the CAA or with respect to the CAA as it may relate to the Franchise Agreements.


More Definitions of Franchise Agreements

Franchise AgreementsÌýmeans those development agreements, franchise agreements, and other agreements between Seller and Franchisor relating exclusively to the Territory.
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Franchise AgreementsÌýmeans, collectively, those certain agreements described in EXHIBIT C and any replacement franchise agreement which may hereafter be entered into in accordance with the terms and conditions hereof by any of the Borrowers, as franchisee, pursuant to which the Borrowers have the right to operate the Properties under names and hotel systems controlled by the Franchisor.
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Franchise AgreementsÌýmeans all of the franchise agreements to which Borrower or any of its Subsidiaries is a party as franchisee, as any of the same may from time to time be amended, modified, supplemented or restated.
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Franchise AgreementsÌýmeans each of the agreements entered into from time to time by the Borrower or any of its Subsidiaries pursuant to which a Loan Party as Franchisor agrees to allow a Franchisee to operate a restaurant facility using the “Noodles & Companyâ€� restaurant concepts.
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Franchise AgreementsÌýmeans all franchise or similar agreements entered into with respect to a Hotel Property.
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Franchise AgreementsÌýmeans a franchise agreement whereby a Franchisee agrees to operate a Branded Restaurant.
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Franchise AgreementsÌýmeans individually or collectively, as the context requires, the existing franchise agreements for the Individual Properties identified on Schedule XII hereto, and any or all franchise, trademark and license agreements, or similar agreements between one or more of the Individual Owners or Operating Lessee, as applicable, and a hotel franchisor in effect from time to time during the term of the Loan as the same may be replaced, amended or modified from time to time in accordance with, and subject to, the terms and provisions of this Agreement. Each or any of the Franchise Agreements may sometimes be referred to herein, individually, as a “Franchise Agreementâ€�.
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