Protected Territory. “Protected Territory” shall mean the world.
Protected Territory. So long as the Franchisee is in compliance with this Agreement, the Franchisor shall not establish or license another person or entity to establish a PAK MAIL Center within a certain geographic area as set forth in Exhibit I ("Protected Territory").
Protected Territory. We will not own, operate, lease, manage, or license anyone but you to operate a Chain Facility of the same name (Villager Lodge) in the "Protected Territory", defined in Appendix A, while this Agreement is in effect. We may own, operate, lease, manage, franchise or license anyone to operate any Chain Facility located anywhere outside the Protected Territory without any restriction or obligation to you. We may grant protected Territories for other Chain Facilities that overlap your Protected Territory. You will use any information obtained through the Reservation System to refer guests, directly or indirectly, only to Chain Facilities. This Section does not apply to any Chain Facility located in the Protected Territory on the Effective Date, which we may renew, relicense, allow to expand, or replace with a replacement Facility located within the same trading area having not more than 120% of the guest rooms of the replaced Chain Facility if its franchise with us terminated or is not renewed. The Protected Territory fairly represents the Facility's trading area, and you acknowledge that. There are no express or implied territorial rights or agreements between the parties except as stated in this Section. The covenants in this Section are mutually dependent; if you breach this Section, your Protected Territory will be the Location only.
Protected Territory. 2 SECTION 1.4 RELOCATION OF YOUR HEALTHY BITES GRILL FRANCHISE..................................................2 ARTICLE 2 - OUR DUTIES...........................................................................................3
Protected Territory. During the Term, if you are not in default, we agree not to open a Company-Owned Unit or franchise another Healthy Bites Grill Franchise within your Protected Territory. However, we reserve for ourselves the rights stated in Section 5.7, which are superior to your rights under this Agreement.
Protected Territory. WPHLI covenants that during the Term (and any renewal thereof) it will not grant any other license to use the WPHL System or to operate a League team based at any home arena situated within a radius of 25 miles from the Home Arena (the “Protected Territory”), except with the prior written consent of the Owner, which may be withheld at the Owner’s sole discretion. WPHLI reserves the right to grant further licenses to use the WPHL System and Marks in all places outside the Protected Territory.
Protected Territory. During the Operating Term, neither Operator nor any Affiliate shall either own, lease, manage, license, franchise, develop or construct a Sheraton-brand hotel within the area identified in Exhibit F (the "Protected Area!') (it being agreed that the Protected Area shall include any parcels of land abutting the public right-of way along which the boundary of the Protected Area runs); provided, however, that the restriction in this Section 13.4 (the "Restriction") shall not apply to (i) any hotel or similar facility operated under the _____________________________________________________________ or "W" brand name or any other brand name other than the __________ brand name, or (iii) any hotel or similar facility continuously operated under the __________ brand name from and after the date of this Agreement/Notwithstanding the foregoing, if the Rent with respect to the Hotel payable by Owner to the Joint Venture pursuant to the Lease Agreement provides the Joint Venture with a Cash-on-Cash Return of at least 12% for any two (2) consecutive Fiscal Year period, the Restriction shall no longer apply after the end of such two (2) Fiscal Year period (the "Restriction Release"); provided, however, that if the Rent with respect to the Hotel payable by Owner to the Joint Venture pursuant to the Lease Agreement provides the Joint Venture with a Cash-on-Cash Return of less than 10% for any Fiscal Year after the Restriction Release, then the Restriction shall again become effective as of the end of such Fiscal Year (the "Restriction Restoration") (except that the Restriction shall not apply with respect to the ownership, acquisition, development, leasing, management, franchise or construction of any hotel or similar facility in the Protected Area pursuant to any binding commitment of Starwood or any of its Affiliates which was entered into in good faith after the Restriction Release and prior to the Restriction Restoration). Any Restriction Restoration in effect from time to time shall continue to be subject to a further Restriction Release, and any Restriction Release in effect from time to time shall continue to be subject to a further Restriction Restoration, on the terms set forth in this Section 13.4.
Protected Territory. A. Subject to the terms and conditions of this Agreement and provided Franchisee is not otherwise in default of this Agreement and/or any other Agreement between Franchisor (or any parent, subsidiary or affiliate of Franchisor) and Franchisee (or any parent, subsidiary or affiliate of Franchisee), Franchisor shall not establish, nor franchise another to establish a restaurant under the Popeyes System, for the term of this Agreement, within the area described in Exhibit "C" of this Agreement (the "Protected Area"), without Franchisee's prior written consent. Notwithstanding the foregoing, Franchisor may, from time to time during the term hereof, reduce or modify the Protected Area to encompass a geographic area immediately surrounding the Franchised Unit which shall include a population (residential and/or daytime business or commercial) of no less than 50,000 people, which modification shall become effective upon written notice from Franchisor to Franchisee.
Protected Territory. We will designate a geographic area as your exclusive area and it will be described in Exhibit C ("Protected Territory"). As long as you are in compliance with this Agreement, then during the term of this Agreement, we will not ourselves, nor grant a franchise to someone else to, open and operate a full-service WOB Tavern at a fixed or permanent location inside the Protected Territory. Notwithstanding the forgoing, certain locations within and outside the Protected Territory are by their nature distinctive and separate in character from sites generally developed as WOB Taverns. As a result, Special Locations (as defined in Section 2.5 below) are excluded from the Protected Territory and we and our affiliates have the right, without granting any rights to you, to develop or franchise WOB Taverns or other retail alcohol and/or food outlets using any part or all of the System and/or Marks at such locations.
Protected Territory. Protected Territory" shall mean the world. Xxxxxxxx Employment Agreement 10 Exec. 08/30/05
