Entertainment Restaurant Sample Clauses
Entertainment Restaurant. Subject to the terms and conditions of this Agreement, during the Development Term neither Company nor any Affiliate of Company shall (i) grant any other person the right to operate a uWink(TM) Entertainment Restaurant within the Development Territory, or (ii) operate a uWink(TM) Entertainment Restaurant in the Territory for its own account, except that the parties agree that the following activities are expressly permitted:
Entertainment Restaurant. If Developer executes a Franchise Agreement, but fails to pay the balance of the applicable Initial Franchise Fee within 15 days after Company gives written approval of the site proposed by Developer for the uWink(TM) Entertainment Restaurant, Company shall have no obligation to sell a franchise to Developer for the approved site to Developer and Developer shall run the risk of failing to satisfy the Development Quota set forth on SCHEDULE B. The Initial Franchise Fee due for each of the uWink(TM) Entertainment Restaurants in the Development Quota is as follows: ----------------------------------------------- ---------------------------- ------------------------------ When Due Initial Franchise Fee Due Development Fee Credit ----------------------------------------------- ---------------------------- ------------------------------ Signing Franchise Agreement #1 $0 $0 ----------------------------------------------- ---------------------------- ------------------------------ Each Additional Franchise Agreement in the 1/2 of $40,000 = $20,000 $20,000 Development Quota ----------------------------------------------- ---------------------------- ------------------------------