Franchisor Member definition

Franchisor Member means any Member who is registered as a Franchisor Member of FASA from time to time in terms of the MOI;
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Franchisor Member means a member specified in the Members' Register as a Franchisor Member;
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Franchisor Member means any Member who is registered as a Franchisor Member by FASA from time to time;
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Examples of Franchisor Member in a sentence

  • Where a new franchise agreement is granted to the transferee or assignee of a franchise the Franchisor Member must either supply to the prospective Franchisee copies of both Codes or ensure that they are available in the same way.

  • To promote the observance of their obligations where a Franchisor Member grants a franchise to a Franchisee (and whether directly or through a Master Franchisee/Sub-Franchisor) then each franchise agreement shall contain provisions requiring both the Franchisor (and/each Master Franchisee/Sub- Franchisor) and the Franchisee to observe and comply with the provisions of the Rules, the Code, and the Code of Ethics.

  • Where a Franchisor member grants a master franchise then each master franchise agreement shall contain provisions requiring both the Franchisor Member and the Master Franchisee/Sub-Franchisor to observe and comply with the laws of New Zealand.

  • Where a Franchisor Member grants a master franchise then each master franchise agreement shall contain provisions requiring both the Franchisor Member and the Master Franchisee/Sub-Franchisor to observe and comply with the provisions of the Rules, the Code, and the Code of Ethics.

  • Before granting a franchise, a Franchisor Member will either supply to each prospective Franchisee a copy of the Code and of the Code of Ethics or ensure that the prospective Franchisee already has copies of the Code and the Code of Ethics or has direct and immediately available electronic access to copies of them.

  • Manus to approve the selling of the three public surplus property vehicles listed, by means of on-line auction.

  • The Disclosure Document must include a viability statement given by the Franchisor Member's directors or principals, containing key financial information regarding the turnover and net profit of the Franchisor Member, and the number of individual outlets franchised by it.

  • The Franchisor Member must provide written projections in respect of levels of potential sales, income, gross or net profits or other financial projections for the Outlet or Franchised Businesses of a similar nature to the Outlet, with particulars of the assumptions upon which these projections are made.

  • The basis of calculation of any funds collected by the Franchisor Member from the Franchisee Members for the purpose of marketing, advertising or any other related purpose expressed either as an amount or a percentage must be disclosed in the Disclosure Document.

  • The Trustee is also responsible for keeping records in respect of contributions received in respect of any active member of the Scheme and for adopting risk-based processes to monitor whether contributions that fall due to be paid are paid into the Scheme in accordance with the schedule of contributions.

Related to Franchisor Member

  • Investor Member means a member that has made a contribution to a limited cooperative association and:

  • Junior Member means a registered Member of the Club who is younger than 18 years of age.

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Investor Members mean those Persons who acquire Interests in the Initial Offering or Subsequent Offering and their successors and assigns admitted as Additional Economic Members.

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Panel Member ’ means a member of a panel;

  • Other Member means a Voting Member who is not an Eligible Account Holder or a Supplemental Eligible Account Holder.

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Council Member means a member of the Council;

  • Bona fide member means an individual who participates in activities of a qualified organization

  • Related member means a person that, with respect to the taxpayer during all or any portion of the taxable year, is either a related entity, a component member as defined in section 1563(b) of the Internal Revenue Code, or a person to or from whom there is attribution of stock ownership in accordance with section 1563(e) of the Internal Revenue Code except, for purposes of determining whether a person is a related member under this division, "twenty per cent" shall be substituted for "5 percent" wherever "5 percent" appears in section 1563(e) of the Internal Revenue Code.

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • General Partner has the meaning set forth in the Preamble.

  • crew member means a person assigned by an operator to duty on an aircraft during a flight duty period;

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • Unit Member refers to any employee who is included in the bargaining unit as defined in Article II.

  • Tribal Member means an enrolled member of the Tribe.

  • Founding Member means any individual who is either:

  • Designated member means the spouse, child, grandchild, parent, brother, or sister of a deceased individual who owned an interest in a wholesaler, who is entitled to inherit the deceased individual's ownership interest in the wholesaler under the terms of the deceased individual's will, or who has otherwise been designated in writing by the deceased individual to succeed the deceased individual in the wholesaler's business, or is entitled to inherit such ownership interest under the laws of intestate succession of this state. With respect to an incapacitated individual owning an ownership interest in a wholesaler, the term means the person appointed by a court as the conservator of such individual's property. The term also includes the appointed and qualified personal representative and the testamentary trustee of a deceased individual owning an ownership interest in a wholesaler.

  • Covered service member means a member of the Armed Forces, including a member of the National Guard or Reserves, who is undergoing medical treatment, recuperation, or therapy, is otherwise in outpatient status, or is otherwise on the temporary disability retired list, for a serious injury or illness.

  • Unit owner means the declarant or other person who owns a unit, or a lessee of a unit in a leasehold common interest community whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the common interest community but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person, in a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated pursuant to section 38-33.3-207 until that unit has been conveyed to another person, who may or may not be a declarant under this article.