Common use of Development Procedure Clause in Contracts

Development Procedure. (1) This Agreement is not a franchise for the operation of Burger King Outlets, but is intended by the Parties to set forth the terms and conditions which, if fully satisfied, entitle the Developer to individual franchises for each Outlet to be developed under this Agreement, and to call for franchises to be granted to Controlled Subsidiaries, and further entitles the Developer to grant sub-franchises in the Territory.

Appears in 2 contracts

Sources: Development Agreement (Tfi Tab Gida Yatirimlari A.S.), Development Agreement (Tfi Tab Gida Yatirimlari A.S.)