Examples of Affiliate Franchise Agreement in a sentence
The parties acknowledge and agree that the form of the Existing Franchise Agreement Amendment, the Existing Management Agreement Amendment, the Affiliate Franchise Agreement, the Affiliate Management Agreement and the Termination Agreement (collectively, the “Agreements”) and the execution and delivery thereof are subject to the review and approval of ENN’s lenders and the parties hereto agree to negotiate in good faith any revisions or modifications to the Agreements proposed or required by such lender.
ENN shall (subject to compliance with the provisions of Section 2.2 above) have the right to accept, reject or modify any suggestions or proposals made by Select (so long as such any such rejection or modification will not result in any violation under the requirements under the Affiliate Franchise Agreement).
Effective upon the Date of Conversion for such Affiliate Hotel, each Lessee, the Original Franchisor and the Existing Manager hereby agree to execute and deliver the Termination Agreement simultaneously with the effectiveness of the Affiliate Franchise Agreement and the Affiliate Management Agreement.
AMENDED AND RESTATED BRUEGGER'S FRESH BAGEL BAKERY AFFILIATE DEVELOPMENT AGREEMENT AFFILIATE FRANCHISE AGREEMENT ----------------------------- The form of Affiliate Franchise Agreement for all Bakeries to be developed during the term of this Agreement is attached.
Effective upon the Date of Conversion for such Affiliate Hotel, the Franchisor and the Lessee for each Affiliate Hotel hereby agree to execute and deliver the Affiliate Franchise Agreement.
At the Date of Conversion (as defined below) of each hotel, the Existing Management Agreement and the Existing Franchise Agreement will be terminated and the hotels will be operated as Hyatt Place Hotels pursuant to an Affiliate Franchise Agreement (as defined below) and managed by Select Hotels Group, L.L.C. (“Select”) pursuant to an Affiliate Management Agreement (as defined below).
The parties hereby acknowledge that no Affiliate Hotel shall operate as a Hyatt Place Hotel until all construction, furnishing and equipping thereof have been completed and all requirements set forth in the applicable Affiliate Franchise Agreement have been met.
The parties hereby agree, acknowledge and understand that until such time as an Affiliate Hotel has completed Conversion and meets the requirements under the applicable Affiliate Franchise Agreement, it shall continue to operate as an AmeriSuites Hotel under its Existing Franchise Agreement and the Existing Management Agreement, as they may be amended from time to time by the parties thereto.