Mandatory Lease Terms Sample Clauses

Mandatory Lease Terms. We may require that the lease or any renewal contain certain provisions, including the following: (i) a provision which expressly permits the lessor of the Site to provide us with all revenue and other information it may have related to the operation of your RAGIN' RIBS(R) Restaurant as we may request; (ii) a provisions which requires the lessor to contemporaneously provide us with copies of any written notice of default under the lease sent to you and which grants to us, at our option, the right (but not the obligation) to cure any default under the lease (should you fail to do so) within 15 days after the expiration of the period in which you may cure the default; (iii) a provision which evidences your right to display the Marks in accordance with the specifications required by the Manuals, subject only to the provisions of applicable law; (iv) a provision that requires that any lender or other person will not disturb your possession of the Site so long as the lease term continues and you are not in default (along with such documents as are necessary to ensure that such lenders and other persons are bound); (v) a provision which expressly states that any default under the lease which is not cured within any applicable cure period also constitutes grounds for termination of this Agreement; (vi) a lease term which is at least equal to the Term, either through an initial term of that length or rights, at your option, to renew the lease for the Term; and (vii) we will be permitted unrestricted access to the Site to make modifications necessary to protect the System at any time.
Mandatory Lease Terms. We may require that the lease or any renewal contain certain provisions, including the following: (i) a provision which expressly permits the lessor of the Site to provide us with all revenue and other information it may have related to the operation of your WOB Tavern as we may request; (ii) a provision which requires the lessor to contemporaneously provide us with copies of any written notice of default under the lease sent to you and which grants to us, at our option, the right (but not the obligation) to cure any default under the lease (should you fail to do so) within 15 days after the expiration of the period in which you may cure the default; (iii) a provision which evidences your right to display the Marks in accordance with the specifications required by the Manuals, subject only to the provisions of applicable law; (iv) a provision which requires that any lender or other person will not disturb your possession of the Site so long as the lease term continues and you are not in default (along with such documents as are necessary to ensure that such lenders and other persons are bound); (v) a provision which expressly states that any default under the lease which is not cured within any applicable cure period also constitutes grounds for termination of this Agreement; (vi) a lease term which is at least equal to the initial term of this Agreement, either through an initial term of that length or rights, at your option, to renew the lease for the full term of this Agreement; and (vii) the premises must be operated as a WOB Tavern.