NOT A FRANCHISE Sample Clauses

NOT A FRANCHISE. The parties acknowledge and agree that this --------------- Agreement is an intellectual property rights license agreement and does not constitute, and shall not be construed as, a franchise agreement. The parties further acknowledge and agree that state and federal franchise laws do not and will not apply to this Agreement or to the relationship between Licensee and Licensor and their respective rights and obligations hereunder. The parties agree that, due to their respective business backgrounds and prior licensing experience, they do not need the protection of state or federal franchise laws.
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NOT A FRANCHISE. CFDA Affiliated Clubs are not franchises of CFDA, they have no guaranteed area in which to operate. They are independent organizations and conduct their own affairs as they see fit. Clubs have no ownership or financial interest in CFDA and CFDA has no ownership or financial interest in any club, other than the set fees stated herein. There is no limit to how many CFDA Affiliated Clubs are in any city, county, state or country.
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NOT A FRANCHISE. The parties agree that this Agreement shall not be considered a franchise and any provision of any state law to the contrary is hereby waived by both parties to the maximum extent allowed by law.
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NOT A FRANCHISE. 6 Waiver................................................................6 Controlling Law and Place of Suit.....................................6 Exhibit A......................................................................9 Exhibit B.....................................................................10 Exhibit C.....................................................................11 Exhibit D.....................................................................12
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NOT A FRANCHISE. The parties acknowledge and agree that this Agreement is not intended to create a franchise relationship. The parties further acknowledge that should the parties ever desire to create a franchise relationship, Licensor will provide Licensee with a franchise offering circular in a manner and time frame required by federal law, before the parties execute such franchise agreement.
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NOT A FRANCHISE. The Parties acknowledge and agree that this Agreement does not constitute, and shall not be construed as, a franchise agreement, nor does it make any Party the franchisee of another Party. The Parties further acknowledge and agree that state and federal franchise laws do not and will not apply to this Agreement or to the relationship between the Parties and their respective rights and obligations hereunder. The Parties agree that, due to their respective business backgrounds and prior experience, they do not need the protection of state and federal franchise laws. This clause is critical consideration and inducement for 7Seeds and Firebreak to enter into this Agreement. As such, Elysian must, and does, irrevocably waive any claim or cause of action against 7Seeds and Firebreak based on any franchise laws.
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NOT A FRANCHISE. This is not a franchise agreement because:
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Related to NOT A FRANCHISE

  • Franchisee A “franchisee” is a retailer or distributor who is authorized or permitted, under a franchise, to use a trademark in connection with the sale, consignment, or distribution of motor fuel.

  • Grant of Franchise The start date may be in the future. The possibility to terminate depends on the franchise you are offering. Clearly, you cannot terminate on a whim when your Franchisee has spent large sums in setting up and may have taken a lease of ■ ■ ■ ■ . ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

  • Not an Affiliate The Investor is not an officer, director or a person that directly, or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with the Company or any “Affiliate” of the Company (as that term is defined in Rule 405 of the Securities Act).

  • No Affiliation The Participant represents, covenants and warrants that, during the term of this Agreement, it will not be an affiliated person of a Fund, a promoter or a principal underwriter of a Fund or an affiliated person of such persons, except to the extent that the Participant may be deemed to be an affiliated person under 2(a)(3)(A) or 2(a)(3)(C) of the Investment Company Act of 1940, as amended (the “1940 Act”), due to ownership of Shares. The Participant shall give prompt notice to the Distributor, Transfer Agent and the Trust of any change to the foregoing status.

  • Franchise Agreements The Franchise Agreements are in full force and effect and there is no default thereunder by any party thereto and no circumstance, condition or event has occurred that, with the passage of time and/or giving of notice, would constitute a default thereunder or entitle Franchisor to terminate any Franchise Agreement. All franchise fees, reservation fees, royalties, marketing fees and other sums and payable due under the Franchise Agreements have been paid in full or are current. A true, correct and complete copy of the Franchise Agreements, together with all amendments and ancillary agreements or side letters related thereto, have been delivered to Lender. The Loan, and the encumbrance of the Properties as security for the Loan, will not cause Borrower to violate any financial covenants contained in any Franchise Agreement.

  • Not a Regulated Entity No Obligor is (a) an “investment company” or a “person directly or indirectly controlled by or acting on behalf of an investment company” within the meaning of the Investment Company Act of 1940; or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any public utilities code or any other Applicable Law regarding its authority to incur Debt.

  • Franchise Fees Lessee will maintain in full force and effect, and pay or cause to be paid all fees and other charges payable pursuant to, any Franchise Agreement with respect to the Hotel.

  • Existence; Franchises The Borrower will, and will cause each of its Subsidiaries to, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rights, franchises, licenses, permits, copyrights, trademarks and patents; provided, however, that nothing in this Section 8.04 shall prevent (i) sales of assets and other transactions by the Borrower or any of its Subsidiaries in accordance with Section 9.02 or (ii) the withdrawal by the Borrower or any of its Subsidiaries of its qualification as a foreign corporation, partnership or limited liability company, as the case may be, in any jurisdiction if such withdrawal could not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

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