Master Franchise Agreement definition

Master Franchise Agreement. Master Franchise Agreement" shall mean the master franchise agreement, in form and substance satisfactory to Purchaser, to be executed by Franchisor and Lyric, pursuant to which Franchisor grants to Lyric the right to use Franchisor's names, marks, systems and proprietary information.
Master Franchise Agreement means an agreement whereby one person (“the master franchisor”) grants another for consideration, the right to exploit a franchise and the right to enter into sub-franchise agreements with other persons;
Master Franchise Agreement or “MFA” the Amended and Restated Master Franchise Agreement by and between Pizzavest China Ltd. and Domino’s Pizza International Franchising Inc., dated June 1, 2017, as amended from time to time

Examples of Master Franchise Agreement in a sentence

  • Pursuant to the Master Franchise Agreement, the Corporation is obligated to develop 20 franchises by December 1, 2012 or pay a one time non‐development fee of $15,000 for each undeveloped franchise.

  • This, along with our commitment to grow Pizza Hut Delivery business, has resulted in signing a Master Franchise Agreement with Yum! to develop those two formats in CE.

  • Represents commission costs paid under the Chicago master franchise agreement for which the Company bought back the Master Franchise Agreement as part of the acquisition of 100% of the membership interests in MHD, LLC completed during the 13 week period ended June 25, 2017.

  • In 2002, the Company signed a 30-year Master Franchise Agreement with Giant Tiger Stores Limited, based in Ottawa, Ontario which grants the Company the exclusive right to open Giant Tiger stores in western Canada.

  • Represents commission costs paid under the Chicago master franchise agreement for which the Company bought back the Master Franchise Agreement as part of the acquisition of 100% of the membership interests in MHD, LLC, completed during the 13 week period ended June 25, 2017.


More Definitions of Master Franchise Agreement

Master Franchise Agreement means the agreement entitled “Master Franchise Agreement” dated in or about October 1996 between KFC and CFI and the deed entitled “Deed of Assignment and Guarantee” dated 21 August 2000 between KFC, CFI (as assignor), CRQ (as assignee) and CFG (as guarantor);
Master Franchise Agreement means the Master Franchise Agreement to be entered into between Sellers and the Buyer on the Closing Date, substantially in the form of Exhibit K attached hereto and pursuant to which Sellers will grant a franchise and license for the use of the ampm Marks in an exclusive territory more particularly described therein, but generally consisting of Southern California, Arizona and Nevada.
Master Franchise Agreement. The Amended and Restated Master Franchise Agreement, dated as of June 23, 1998, between Lyric and Franchisor, as amended from time to time, setting forth common terms and conditions for the franchising of certain trade names, systems and other proprietary materials for the Facilities.
Master Franchise Agreement means the Master Franchise Agreement, dated as of March 27, 1996, between HSA Properties, L.L.C. and U.S. Franchise Systems, Inc.
Master Franchise Agreement. The agreement designated as such between Lyric and Franchisor setting forth common terms and conditions for the franchising of certain trade names, systems and other proprietary materials for the Facilities.
Master Franchise Agreement means the Amended and Restated Master Franchise Agreement dated as of the date hereof between Franchisor and Lyric.
Master Franchise Agreement means the Master Franchise Agreement by and between the Company and Gymboree (China) Commercial and Trading Co., Ltd.