Common use of Continuing Fee Clause in Contracts

Continuing Fee. A. Continuing Fee. Franchisee will, for the term of this Agreement, pay to Franchisor a Continuing Fee equal to four percent (4%) of Franchisee's Gross Sales (as defined below). Franchisee's obligation to pay Franchisor the Continuing Fee under the terms of this Agreement will remain in full force and effect until this Agreement has expired or is terminated under the provisions herein.

Appears in 2 contracts

Sources: Franchise Agreement (Grow Biz International Inc), Franchise Agreement (Grow Biz International Inc)

Continuing Fee. A. Continuing Fee. Franchisee will, for the term of this Agreement, pay to Franchisor a Continuing Fee equal to four percent (4%) of Franchisee's Gross Sales (as defined below). Franchisee's obligation to pay Franchisor the Continuing Fee under the terms of this Agreement will remain in full force and effect until this Agreement has expired or is terminated under the provisions herein.

Appears in 1 contract

Sources: Franchise Agreement (Grow Biz International Inc)