Examples of Franchise Payment in a sentence
ACAPn-2 may only be a positive numberBCAPn-2means the Budgeted Capex in respect of the second preceding Reporting Period (based on the version of the Budget which applied for the purpose of the calculation of the Franchise Payment for that preceding Reporting Period (n-2)), provided that any Reporting Periods prior to the EMA Start Date shall be disregarded.
The signboards shall mention type of outlet i.e. Head Office, Branch, Franchise, Payment Booth, Currency Exchange Booth etc.
RC13MA may be positive or negative.AAPmeans any amounts already paid in relation to the Franchise Payment for Reporting Period 13 under the Franchise Agreement prior to the implementation of the EMA.
The value of PADJ in respect of a Reporting Period shall be made as an adjustment to the next Franchise Payment payable after that calculation of PADJ is determined (“ Periodic Adjustment”).
All owners and employees of Franchise/ Payment Booth are screened, on an ongoing basis, for designated/ proscribed persons and maintain proper record of screening.