Franchise Documents. ARCO, through its division ARCO Products ------------------- Company ("APC"), and Buyer (i) have signed a Contract Dealer Gasoline Agreement (the "Gas Agreement") and a non-lessee am/pm Mini Market Agreement (the "Mini Market Agreement") for Buyer's operations at the Real Estate after the closing and (ii) have signed and have had notarized a Memorandum of Contract Dealer Gasoline Agreement in recordable form. The am/pm Mini Market Agreement will provide for the Franchise Fee as set forth in Section 1, which is included in the Purchase Price. The Gas Agreement and the Mini Market Agreement each must have a term of 15 years and be in ARCO's standard form.
Franchise Documents. Subject to WII’s prior receipt of a duly-executed Receipt of the current Wendy’s International, Inc. Franchise Disclosure Document from Purchaser and Guarantor, Seller will, prior to the Closing, deliver to Purchaser and Guarantor a copy of the Wendy’s International, Inc. Unit Franchise Agreement, in its then-current form, for each Restaurant, including all addenda thereto (collectively and together with the Letter of Agreement and the Development Agreement, the “Franchise Documents”).
Franchise Documents. Either the existing Franchise Agreement shall have been assigned by the Company to the TRS Affiliate with all necessary consents from the Franchisor, or the New Franchise Agreement shall have been executed by the Franchisor and the TRS Affiliate.
Franchise Documents. Copies of franchise agreements.
Franchise Documents. At the Closing, Seller shall assign to Purchaser executed Restaurant Franchise Agreements for the Stores, including the addenda thereto if any, (collectively, the "Franchise Documents").
Franchise Documents. To the actual knowledge of Borrower, the Hotel Agreements are in full force and effect. To the actual knowledge of Borrower, there is no material default under any provision of any Hotel Agreement and all conditions to the effectiveness of each Hotel Agreement presently required to be satisfied have been satisfied in all material respects, including the payment of all material fees, deposits, costs and expenses required thereby. All representations and warranties made in this Agreement or any other Loan Document or in any certificate or other document delivered to Administrative Agent pursuant to or in connection with this Agreement shall be deemed to have been relied upon by Administrative Agent and the Lenders notwithstanding any investigation heretofore or hereafter made by Administrative Agent or on its behalf.
Franchise Documents. FAT Brands intends to franchise the Business, and Yalla Med desires for the Business to be directly or indirectly franchised by FAT Brands. Within ninety (90) days after the date of this Transaction Agreement (subject to a reasonable extension of time to obtain financial audits), FAT Brands shall prepare and deliver to Yalla Med for its review, but not approval, a copy of the franchise-related documents, including the franchise agreement and the franchise disclosure statement (all franchise-related documents, the “Franchise Documents”), to be used to franchise the Business. The Franchise Documents shall be substantially in the same form and with substantially the same terms used by FAT Brands in connection with its other franchise businesses, with such changes therein as are appropriate given the nature and scope of the Business, and shall include a royalty rate also consistent with royalty rates utilized by FAT Brands in its other franchise businesses.
Franchise Documents. All documents entered into by either Buffalo Wild Wings or Bagger Dave’s and any Borrower or the owner/operator of the Restaurants in connection with any lease, license, or franchise given by either Buffalo Wild Wings or Bagger Dave’s for the operation of the Restaurants, as the same may be amended or otherwise modified from time to time and including all renewals and extensions thereof.
Franchise Documents. Purchaser and KFCC shall have executed and delivered to each other a 20-year KFC Franchise Agreement Form 76(5p) for each of the Restaurants, together with such other documents as may then be customarily required by KFCC in connection with the issuance of franchises, including without limitation the Franchisee Use of Safety, Security and Employee Relations Materials Release and Disclaimer, and the KFCC and Taco Bell Xxxp. authorizations, as appropriate, for the Taco Bell/XXX 2nl and other facilities for the locations specified in Schedule 10.12 hereto. For any of the Restaurants that are Taco Bell/XXX 2nl's on the Closing Date, with the exception of the 2n1 Restaurant located at 6190 Xxxxxxxxxxxx Xxxx, XxXxxx Xxxxx, XX, Xxrchaser and Taco Bell Xxxp. shall have executed and delivered to each other a current form 5-year Taco Bell Xxxnchise Agreement, together with such other documents as may then be customarily required by Taco Bell Xxxp. in connection with the issuance of franchises, and Purchaser shall have been granted at Closing the option to convert such 5-year franchises to (in the aggregate) 20-year franchises following the upgrade by Purchaser of each such 2n1 facility to then current Taco Bell/XXX ground-up image and standards within 5 years of the Closing and the payment by Purchaser to Taco Bell Xxxp. of an initial fee of $45,000 for each such 2n1 facility. For such McKees Rocks Restaurant, Purchaser shall have the right to operate the Taco Bell Xxxress facility for the remaining portion of the current 5-year term only.
Franchise Documents. True, correct and complete copies of the "Franchise Documents" (as defined in the Sugar Land Partnership Agreement) have been delivered or made available to the Acquirer and its agents and underwriters. The Franchise Documents are valid, binding and enforceable and presently in full force and effect. Neither the Partnership nor the other parties to the Franchise Documents is in default under the Franchise Documents, and no event has occurred which, but for the passage of time or the giving of notice, or both, would constitute a default under the Franchise Documents.
