Initial Franchise Fee. You must pay to us a nonrefundable Initial Franchise Fee of $10,000. The Initial Franchise Fee, payable in full on the date you sign this Agreement, is earned upon receipt and is in consideration for our expenses incurred and services rendered in granting you the franchise rights.
Initial Franchise Fee. In consideration for the right to develop and operate one ROCKY MOUNTAIN CHOCOLATE FACTORY Store, the Franchisee agrees to pay to the Franchisor an initial franchise fee in the amount set forth in Exhibit I attached hereto, all of which is due and payable on the date the Franchisee signs this Agreement. The Franchisee acknowledges and agrees that the initial franchise fee represents payment for the initial grant of the rights to use the Marks and Licensed Methods, that the Franchisor has earned the initial franchise fee upon receipt thereof and that the fee is under no circumstances refundable to the Franchisee after it is paid, except as set forth in Section 5.8 of this Agreement. If a transfer occurs, no initial franchise fee shall be due at the time that the Franchisee transfers the Store to another party, but a transfer fee will apply as set forth in Section 16.2 of this Agreement.
Initial Franchise Fee. You agree to pay us a nonrecurring and nonrefundable initial lump sum franchise fee in the amount of Thirty Five Thousand ($35,000) Dollars, which, if fully paid by you, will be fully earned by us upon the execution of this Agreement.
Initial Franchise Fee. 3 4.1. Initial Franchise Fee. ..............................................3
Initial Franchise Fee. FRANCHISEE agrees to pay to COMPANY a nonrecurring initial franchise fee in the amount specified in Section 4 of Exhibit A which shall be payable to COMPANY upon the execution of this Agreement. The initial franchise fee shall be fully earned by COMPANY and nonrefundable.
Initial Franchise Fee. Liberty will pay Area Developer, as detailed under Section 3.10, an amount equal to ____% of the initial franchise fee and interest on promissory notes, if and only to the extent that such interest is on franchise fees or royalties (except on interest already due and owing before the date of this Agreement), paid to Liberty by a Franchisee during the Term, pursuant to the terms in the franchise agreement between Franchisee and Liberty (“Franchise Fees” and “Royalties”), for the first time that a territory is purchased by a franchisee, except Franchise Fees already due and owing before the Effective Date of this Agreement. Liberty will also pay to Area Developer the same percentage of any change fees for modifying the opening schedule of a multi-territory stipulation which a Franchisee pays to Liberty during the Term, except change fees already due and owing before the Effective Date of this Agreement.
Initial Franchise Fee. The amount of the initial franchise fee, set forth in Section 4.1 of the Agreement, shall be: $ . Fully executed this day of , 20 . ROCKY MOUNTAIN CHOCOLATE FACTORY, INC. By: Title: FRANCHISEE: Individually AND: (if a corporation or partnership) Company Name By: Title: FRANCHISE AGREEMENT EXHIBIT II TO FRANCHISE AGREEMENT GUARANTY AND ASSUMPTION OF FRANCHISEE’S OBLIGATIONS In consideration of, and as an inducement to, the execution of the above Franchise Agreement (the “Agreement”) by Rocky Mountain Chocolate Factory, Inc. (“the Franchisor”), each of the undersigned hereby personally and unconditionally: Guarantees to the Franchisor and its successors and assigns, for the term of the Agreement, including renewals thereof, that the franchisee, as that term is defined in the Agreement (“Franchisee”), shall punctually pay and perform each and every undertaking, agreement and covenant set forth in the Agreement; and Agrees to be personally bound by, and personally liable for the breach of, each and every provision in the Agreement. Each of the undersigned waives the following:
Initial Franchise Fee. Notwithstanding the provisions of Section 4.1 of the Franchise Agreement, Franchisee shall not pay Franchisor an Initial Franchise Fee.
Initial Franchise Fee. 3.1 Upon executing this Agreement, You will pay to FUA the Initial Franchise Fee as described below: Franchise Fee per unit: (Single Unit Franchise) Initial Franchise Fee: $ 17,500.00
Initial Franchise Fee. Xxxxxxxxxx agrees to pay to Franchisor, concurrently with signing this Agreement, an initial franchise fee ("Initial Franchise Fee") in the amount set forth in Section 23.14. Franchisee acknowledges and agrees that the Initial Franchise Fee represents payment for the initial grant of the right to use the Marks and Licensed Methods, that Franchisor has earned the Initial Franchise Fee upon receipt, and that the Initial Franchise Fee is not refundable to Franchisee after it is paid.
