Examples of Initial Franchise Fee in a sentence
The cost of the Initial Training Program is included in the Initial Franchise Fee.
If Franchisor terminates this Agreement because of Franchisee’s failure to complete the Initial Training Program to Franchisor’s satisfaction, Franchisor will refund Franchisee’s Initial Franchise Fee.
If you desire to have additional sites inspected for your first store (and for all sites inspected for your second and any additional stores), or for other types of franchises for which the Franchise Coordination Fee is not included in the Initial Franchise Fee, or if we do not determine that an on-site inspection is warranted, you will be responsible for paying the actual out of pocket costs incurred by us to perform any on-site inspection.
The details of the Initial Franchise Fee are described in Item 5.
The Initial Franchise Fee is due and payable to us on the day that you sign this Agreement.