Franchise Holder(s) definition

Franchise Holder(s) means, collectively, the DD/BR Franchise Holders, the U.K. Franchisor, the Mexican Franchisor and any Additional Franchisors.
View Source
Franchise Holder(s) means a person authorized by a Direct Selling entity through a legally enforceable written contract to undertake Direct Selling business on principal-to-principal basis.
View Source

Examples of Franchise Holder(s) in a sentence

  • All Investment Income earned on amounts on deposit in the Advertising Fund Accounts shall be for the benefit of the Franchise Holders.

  • BUILT EXPERIMENTAL AIRCRAFT Lessees of hangars operated by Franchise Holders may accomplish assembly of an amateur-built experimental aircraft project in his/her leased storage hangar.

  • The Franchise Holders (other than DD/BR Franchise Holdco) have no subsidiaries and own no Equity Interests in any other Person.

  • Operator understands and agrees that Operator's continued participation in the 2016 Asset Partner Plan is conditioned on Operator remaining (i) current on Monthly Service Fees owed to Pill and advertising contributions owed to the International Pizza Hut Franchise Holders Association (the "IPHFHA"), (ii) in compliance with PHI Brand Standards, and (iii) a participant in System-approved national media shifts.

  • Schedule A, the Annual Management Report, describes operational status which will afford a clear understanding of the Franchise Holder's current position; Schedule B summarizes technical performance.

Related to Franchise Holder(s)

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

  • 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.

  • Management Shareholders means ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ and ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇;

  • Franchisee means a person to whom a franchise is granted.