Common use of Territory Defined Clause in Contracts

Territory Defined. Franchisor hereby grants to Franchise Owner the ----------------- right to operate the Franchised Business during the term of this Agreement within the defined area (the "Territory") described on attached Exhibit A, which Exhibit is incorporated herein by reference thereto. Franchise Owner acknowledges and agrees that this Agreement affords it no right, title or interest in or to additional franchises or any right to acquire additional franchises or territory, nor does it obligate Franchisor in any way to grant or sell any additional franchises or territory to Franchise Owner.

Appears in 2 contracts

Sources: Franchise Agreement (Option Care Inc/De), Stock Redemption Agreement (Option Care Inc/De)