Initial Franchise Fee definition

Initial Franchise Fee means a non-recurring, non-refundable payment paid by Franchisee to Franchisor in consideration of the grant of the TapSnap franchise and provision of the Initial Training Program.

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Initial Franchise Fee means the $40,000 initial fee that Franchisee must pay Franchisor for the right to operate a JINYA Ramen Bar under this Agreement.

Initial Franchise Fee is defined in subparagraph 5.0 l (a) hereof.

Examples of Initial Franchise Fee in a sentence

• After such payment by FRANCHISEE, such portion of the Initial Franchise Fee shall not be refundable.

• If an Authorized Location is not designated by you and approved by us within 90 days from the date of this Agreement, we have the right to declare this Agreement null and void without the return of any Initial Franchise Fee or other amounts paid to us.

• The Initial Franchise Fee, payable in full on the date you sign this Agreement, is earned upon receipt and is in consideration for our expenses incurred and services rendered in granting you the franchise rights.

• In addition to the Initial Franchise Fee, during the full term of this Agreement and in consideration of the rights granted to you, you must pay to us a weekly Royalty Fee.

• Except for the Initial Franchise Fee, you must compute all amounts due and owing at the end of each week’s operation and remittance for the amounts must be made to us on or before Friday of the following week, accompanied by any reports we may require under subparagraph 9.H of this Agreement.

More Definitions of Initial Franchise Fee

Initial Franchise Fee means the initial fee that Franchisee must pay Franchisor for the right to operate the Taco Restaurant under this Agreement in the sum of $40,000.

Initial Franchise Fee means certain non-refundable fees paid by a Franchisee to Master Licensee as follows: (a) the initial franchise fee, in consideration for the grant of a franchise to operate a Unit; (b) a transfer or relicense fee, in consideration for the authorization to transfer or relicense the Unit, the franchise or assign the Franchise Agreement to a new owner; (c) the renewal fee, if any, in consideration for the extension, modification or renewal of the Franchise Agreement; and (d) the license fee paid by the licensee of the Unit Reservation Software.

Initial Franchise Fee. The initial franchise fee referred to in Section 4A of the above- captioned agreement shall be _________________________________ Dollars ($_______________ ).

Initial Franchise Fee shall have the meaning set forth in Section 4.3(A).

Initial Franchise Fee means the fee described in Subsection 3.1(a).

Initial Franchise Fee means the initial franchise fee referred to in

Initial Franchise Fee means a franchise fee of Eighteen Thousand Dollars ($18,000.00), Six Thousand Dollars ($6,000.00) of which shall be designated as a non-refundable training fee as set forth in Section 7.3. of this Agreement and shall be payable upon execution. The remaining Twelve Thousand Dollars ($12,000.00) of the Initial Fee shall be payable beginning the first month of Contract Year 2 at a rate of One Thousand Dollars ($1,000) per month, deducted from Franchisee's Share. If this Agreement is Franchisee's second or subsequent franchise agreement, the amount of the franchise fee shall be Ten Thousand Dollars ($10,000.00).