Franchised Premises definition
Examples of Franchised Premises in a sentence
Franchisee shall make no material alterations to the Franchised Premises nor shall Franchisee make material replacements of or alterations to the equipment, fixtures or signs of the Franchised Business without the prior written approval by Franchisor.
Franchisee shall maintain the Franchised Premises as is from time to time required to maintain or improve the appearance and efficient operation of the Franchised Business, including, but not limited to, replacement of worn out or obsolete fixtures and signs, and repair of the exterior and interior of the Franchised Business.
Franchisee shall take such affirmative action as may be necessary to do so, including, without limitation, exhibiting a notice of that fact in a conspicuous place on the Franchised Premises, the content of which Franchisor reserves the right to specify.
If at any time in Franchisor's judgment the general state of repair or the appearance of the Franchised Premises or its equipment, fixtures, signs or decor does not meet Franchisor's standards therefor, Franchisor shall so notify Franchisee, specifying the action to be taken by Franchisee to correct such deficiency.
Franchisee shall not install or maintain the Franchised Premises any telephone booths, newspaper racks, video games, juke boxes, gum machines, games, rides, vending machines or other similar devices without the written approval of Franchisor.
Franchisee hereby acknowledges Franchisor's right to access the Franchised Premises should Franchisor elect to take possession of any said sign or sign faces bearing the Marks.
Prior to the acquisition by lease or purchase of any site for the Franchised Premises, Franchisee shall submit a description of the proposed site to Franchisor, together with a letter of intent or other evidence satisfactory to Franchisor which confirms Franchisee's favorable prospects for obtaining the proposed site.
If Franchisee fails or refuses to initiate within thirty (30) days after receipt of such notice, and thereafter continue, a bona fide program to complete any required maintenance, Franchisor shall have the right, in addition to all other remedies, to enter upon the Franchised Premises and effect such maintenance on behalf of Franchisee and Franchisee shall pay the entire costs thereof on demand.
At all times that the Confidential Operations Manual is not in use by authorized personnel, Franchisee shall maintain the Confidential Operations Manual in a locked receptacle at the Franchised Premises, and shall only grant authorized personnel, as defined in the Confidential Operations Manual, access to the key or lock combination of such receptacle.
Franchisee shall maintain the condition and appearance of the Franchised Premises consistent with Franchisor's standards.