Franchising Contract definition

Franchising Contract means any contract or agreement (including any and all amendments thereto) (a) pursuant to which the Company or any of the Subsidiaries grants or has granted to any third party any right, license or franchise to operate or right to license, right to franchise, or right to subfranchise operation of, businesses using any of the assets or Intellectual Property Rights of the Company or any Subsidiary, (b) pursuant to which a Franchisee grants or has granted to any third party any right, license or franchise to operate, or right to license, right to franchise, or right to subfranchise operation of, businesses using any of the assets or Intellectual Property Rights of the Company or any Subsidiary, or (c) pursuant to which the Company or any of the Subsidiaries grants or has granted options, rights of first refusal, rights of first negotiation or other rights to obtain rights to operate businesses using any of the assets or Intellectual Property Rights of the Company or any Subsidiary.
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Franchising Contract means any Contract or agreement (including any and all amendments thereto) (a) pursuant to which Company or any of the Subsidiaries grants or has granted to any third party any right, license or franchise to operate or right to license, right to franchise, or right to subfranchise operation of, businesses using any of the Trade Rights of Company or any Subsidiary, (b) pursuant to which a Franchisee grants or has granted to any third party any right, license or franchise to operate, or right to license, right to franchise, or right to subfranchise operation of, businesses using any of the Trade Rights of Company or any Subsidiary, or (c) pursuant to which Company or any of the Subsidiaries grants or has granted options, rights of first refusal, rights of first negotiation or other rights to obtain rights to operate businesses using any of the Trade Rights of Company or any Subsidiary.
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Examples of Franchising Contract in a sentence

  • Except for the current Franchising Contracts with the franchisees identified on Schedule 3.14(b)(ii) attached to this Agreement, there are no differences between any actual outstanding Franchise Contract and the corresponding Form Franchising Contract.

  • The Company and its Subsidiaries do not, and have not, engaged any person or entity to act as a franchise broker in connection with any transaction evidenced by a Franchising Contract.

  • The Company and its Subsidiaries do not, and have not, engaged any Person or entity to act as a franchise broker in connection with any transaction evidenced by a Franchising Contract.

  • The Seller has not conducted, directly or indirectly, any business in, nor has it entered into any Franchising Contract with respect to, any territory or jurisdiction located outside of the United States.

  • The terms of the Agreement on Acquisition of Desulfurization Assets and the Franchising Contract (including the term relating to the franchise period) have been determined on normal commercial terms, and the relevant transactions are fair, reasonable and in the interests of the Company and its Shareholders as a whole.

  • None of the Director has any material interest in the Agreement on Acquisition of Desulfurization Assets and the Franchising Contract.

  • There are no advertising fees paid by Franchisees pursuant to any Franchising Contract and no accounts which Company or any Subsidiary maintains or controls and into which Company or any Subsidiary deposits any advertising fees paid by Franchisees.

  • Datang Environment Company is therefore a connected person of the Company and the transaction under the Agreement on Acquisition of Desulfurization Assets constitutes connected transaction of the Company and the transactions under the Franchising Contract constitute continuing connected transactions of the Company.

  • On 31 October 2012, certain power plants of the Company entered into the Franchising Contract with Datang Environment Company.

  • In addition, the Seller has provided and Schedule 3.14(b)(i) attached to this Agreement attaches true and complete copies of each of the eleven (11) forms of Franchising Contract for which there are outstanding Franchising Contracts (the “Form Franchising Contracts”) included in the Franchise Offering Circular provided to such franchisee.

Related to Franchising Contract

  • Training Contract means an agreement signed by the employer and the Apprentice or Trainee (and a parent or guardian if applicable), in accordance with the Act and Regulatory requirements.

  • Hotel Management Agreement means any management agreements between a Hotel Management Company and Lessee and/or Landlord, as applicable, as such management agreements are amended from time to time for the Hotel.

  • Existing Contract means an unexpired Contract entered into by the Council and a Provider for works, services and/or goods.

  • Connection Contract means a contract under which Distributed Generation is connected to the Network entered into by the Distributor and a Distributed Generator in accordance with Part 6 of the Code, and, for the purposes of this Agreement, the Distributor and a Distributed Generator are deemed to have entered into a Connection Contract if the regulated terms in Part 6 of the Code apply;

  • 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.