Continuing Franchise Fee definition

Continuing Franchise Fee means the monthly fee that each Franchisee shall pay to Master Licensee pursuant to its Franchise Agreement, which fee shall be based on a percentage of Gross Room Revenues of the Franchisee's Unit and paid as consideration for the services Master Licensee shall provide to Franchisee and for the use of the Marks licensed under the Franchise Agreement.
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Continuing Franchise Fee means the continuing franchise fee
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Continuing Franchise Fee means the monthly fee payable by each Franchisee to Master Licensee pursuant to its Franchise Agreement, paid as consideration for the services Master Licensee shall provide to Franchisee and for the use of the Marks licensed under the Franchise Agreement, other than the Franchise Marketing Contribution and Franchise Reservation Fees.
Sample 1

Examples of Continuing Franchise Fee in a sentence

  • Franchisee’s obligation to pay the Continuing Franchise Fee and the Global Advertising Fee (collectively, the “Fees”) shall not be altered by the occurrence of any casualty or event that would cause a temporary closing of Franchisee’s Restaurant for a period of more than five (5) days.

  • The Franchisee shall contribute to the Marketing Fund an amount equal to 3% (three percent) of the Net Sales of the Restaurant (and the provision of clauses10.3 shall apply mutatis mutandis to such calculation of Net Sales) payable monthly together with the Continuing Franchise Fee due hereunder.

  • Schedule 5.10 contains a true and complete list of Seller's material Permits used in connection with the Assets, the Operations, or the sale of refined product and identifies the material Permits which are not transferable to Buyer.

  • Franchisee will be required to pay the Continuing Franchise Fee and the Continuing Advertising Fund Contribution, but not the Initial Franchise Fee, required by the then-current Franchise Agreement.

  • The report shall show the computation of the Continuing Franchise Fee and the Continuing Advertising Contribution, and shall be accompanied by payment in full of all amounts owed.

  • In short, prior to 1998, the Baskin-Robbins Franchisees paid more for ice cream products but had no Continuing Franchise Fees or advertising fee obligations, or extremely low Continuing Franchise Fee and advertising fee obligations.

  • Upon information and belief, the offer was a raised Continuing Franchise Fee to 5.9% and a raised Advertising Fee to 5.0%.

  • Raising or imposing for the first time on a Franchisee the Continuing Franchise Fee.

  • For example, the 2000 Franchise Agreement sets forth the following fees that must be paid by the Franchisee: Initial Franchise Fee; Grand Opening Fee; Continuing Franchise Fee; Continuing Advertising Fee; Transfer Fee; and Late Fees.

  • As further example, the 2015 Franchise Agreement sets forth the following fees that must be paid by the Franchisee: Initial Franchise Fee; Initial Training Fee; Marketing Start-Up Fee; Continuing Franchise Fee; Continuing Training Fee; Continuing Advertising Fee; Training Programs or Systems Fee; Additional Advertising Fee; Late Fees; Transfer Fee; and Fixed Documentation Fee.

Related to Continuing Franchise Fee

  • Franchise Fee means a direct or indirect payment to purchase or operate a franchise. Franchise fee does not include any of the following:

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • New Franchise Agreement means the franchise license agreement to be entered into between Buyer and the Franchisor, granting to Buyer a franchise to operate the Hotel under the Brand on and after the Closing Date.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Continuing Arrangements means those arrangements set forth on Schedule 1.1(24) and such other commercial arrangements among the Parties that are intended to survive and continue following the Separation Time; provided, however, that for the avoidance of doubt, Continuing Arrangements shall not be Third Party Agreements.

  • Continuing care means some or all of the following services:

  • Hire Fee the hire fee specified in Item 13.

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • Continuing care contract means, as stated in RCW 70.38.025, a contract providing a person, for the duration of that person's life or for a term in excess of one year, shelter along with nursing, medical, health-related, or personal care services, which is conditioned upon the transfer of property, the payment of an entrance fee to the provider of such ser- vices, or the payment of periodic charges for the care and ser- vices involved. A continuing care contract is not excluded from this definition because the contract is mutually termina- ble or because shelter and services are not provided at the same location.

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Continuing Contract means a contract for Professional Services entered into in accordance with Section 287.055 of the Florida Statutes, between the District and a firm, whereby the firm provides Professional Services to the District for projects in which the costs do not exceed two million dollars ($2,000,000), for a study activity when the fee for such Professional Services to the District does not exceed two hundred thousand dollars ($200,000), or for work of a specified nature as outlined in the contract with the District, with no time limitation except that the contract must provide a termination clause (for example, a contract for general District engineering services). Firms providing Professional Services under Continuing Contracts shall not be required to bid against one another.

  • Permit Fee means a fee in an amount established by the SFMTA Board, required to be paid by a permit applicant for permit issuance or renewal, including any late payment penalties or interest for failure to pay in accordance with the requirements of this Article and any other regulations adopted by the SFMTA Board.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Non-Use Fee has the meaning specified in the Fee Letter.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Franchise Area means the present legal boundaries of the City as of the Effective Date, and shall also include any additions thereto, by annexation or other legal means as provided in this Agreement.

  • Developer Fee means the fee earned by the Developer.

  • Impact fee means a payment of money imposed under Title 11, Chapter 36a, Impact Fees Act.

  • Franchise Agreements means (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).

  • Franchise insurance means an individual insurance policy provided through a

  • Target fee, as used in this contract, means the fee initially negotiated on the assumption that this contract would be performed for a cost equal to the estimated cost initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Base Fee $60 million (Avg Daily Net Assets For Most Recent Month) * 0.45% * (31/365) = $22,931.51 Performance Fee: $40 million (Avg Daily Net Assets for rolling 12-month period) * -0.25% * (31/365) = $(8,493.15) Total Fulcrum Fee: $14,438.36 = $22,931.51 (Base Fee) - $8,493.15 (Performance Fee)