Franchisee Must Notify Franchisor of Lawsuits Sample Clauses

Franchisee Must Notify Franchisor of Lawsuits. Franchisee shall notify Franchisor in writing within 5 days of notice of the commencement of any action, suit, or proceeding against Franchisee, and of the issuance of any inquiry, subpoena, order, writ, injunction, award or decree of any court, agency, or other governmental instrumentality, which arises out of, concerns, or may affect the operation or financial condition of the Restaurant, including, without limitation, any criminal action or proceedings brought by Franchisee against its employees, customers, or other persons. The Franchisee shall give us advance written notice of Franchisee's intent to institute legal action against us, specifying the basis for such proposed action, and shall grant us 30 days from receipt of said notice to cure the alleged act upon which such legal action is to be based.
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