Common use of INITIAL DEVELOPMENT SCHEDULE Clause in Contracts

INITIAL DEVELOPMENT SCHEDULE. 2.1 Developer shall develop a total of ___________ (____) Restaurants franchised by Franchisor in the Territory during the period commencing on the date hereof and expiring on ______________, ________, in accordance with the following development schedule: (a)1 During the first Initial Development Period under this Agreement, Developer shall develop at least _________ (____) Restaurants within the Territory, each of which shall be open for operation and doing business on __________________, ________ (the end of the first Initial Development Period under this Agreement).

INITIAL DEVELOPMENT SCHEDULE. 2.1 Developer shall develop a total of ___________ (____) Restaurants franchised by Franchisor in the Territory during the period commencing on the date hereof and expiring on ______________, ___20_____, in accordance with the following development schedule: (a)1 During the first Initial Development Period under this Agreement, Developer shall develop at least _________ (____) Restaurants within the Territory, each of which shall be open for operation and doing business on __________________, ________ (the end of the first Initial Development Period under this Agreement).