Master Franchisee definition

Master Franchisee means LatAm, LLC, or any successor to its rights and obligations under the Amended and Restated Master Franchise Agreement, dated as of November 10, 2008 (as the same may be amended, restated, supplemented or otherwise modified from time to time), among McDonald’s Latin America, the Borrower and the other parties thereto.

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Master Franchisee means the Party designated in the preamble above as Master Franchisee, its successors and permitted assigns.

Master Franchisee means a person who has been granted rights by a franchisor to subfranchise to another person, at his own expense, the franchise of the franchisor;

Examples of Master Franchisee in a sentence

Master Franchisee will develop a marketing plan to attract qualified Franchisee candidates within the Territory.
For the avoidance of doubt, a Call Option Redemption Event will only occur in connection with the exercise by McDonald’s of the McDonald’s Call Option under the Master Franchise Agreements with respect to the Master Franchisee or the Brazilian Master Franchisee.
To the extent permitted under applicable Law, and provided that the Development Rights are in effect, Master Franchisee shall have the right to determine and adjust at its sole discretion the prices of all products and services offered in any of the Restaurants in the Territory.
Master Franchisee will deposit all Advertising Contributions received pursuant to the Franchise Agreements into the Ad Fund Account.
During Development Year 11 through 20, Master Franchisee will develop, build and operate, or license Franchisees to develop, build and operate, the number of Restaurants agreed upon by the Parties.

More Definitions of Master Franchisee

Master Franchisee means a Person that has the exclusive rights to develop, operate or sub-license a Brand.

Master Franchisee means a person that has the exclusive rights to develop, operate or sub-license a Brand. 18 All MSMCH Mortgage Loans (Loan Nos. 2, 3, 6, 10, 11, 13, 14, 15, The Mortgage Loan documents may allow the Mortgagor to obtain insurance from an insurer that does not meet the required rating if it obtains a “cut through 17, 18, 19, 22, 25, 26, 45, 49, 51, 56, 61) endorsement” from an insurance company that meets the required rating. The Mortgage Loan documents may also allow the Mortgagor to obtain insurance from an insurer that does not meet the required rating if a parent company that owns at least 51% of the insurer has the required rating and use of such insurance is approved by the rating agencies. The threshold for the lender having the right to hold and disburse insurance proceeds may be based on 5% of the original principal amount rather than 5% of the outstanding principal amount. The Mortgage Loan documents may provide that the Mortgagor may obtain insurance that does not meet the requirements otherwise set forth in the Mortgage Loan documents, and may not meet the requirements of Representation 18, provided that approval of the lender or rating confirmation is obtained for such non-compliant insurance. In addition, all exceptions to Representation 31 set forth herein for all MSMCH Mortgage Loans are also exceptions to this Representation 18. 26 and 27 AFP Self Storage Portfolio (Loan No. 14) The Angola and Martinsville Mortgaged Properties are legal non-conforming as to use. 26 and 27 SoCal Self Storage Pasadena (Loan No. 17) The Mortgaged Property is legal non-conforming as to use. 26 and 27 Pine Hills MHC (Loan No. 25) The Mortgaged Property is legal non-conforming as to use.

Master Franchisee has the meaning set forth in the preamble.

Master Franchisee means any master franchisee or master licensee under a Master Franchise Agreement.

Master Franchisee means PLKC HK International Limited, a limited liability company organized and existing under the laws of Hong Kong and having a principal place of business at 5/▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇ Road, Kowloon, Hong Kong.

Master Franchisee means a business entity that v icariously performs a part or all of the duties of Franchiser under its agreement with Franchiser including, but not limited to, solicitation of Franchisees within a certain area, maintenance of the quality of goods or services, and the support, education and control of Franchisees regarding their management and operating activities.

Master Franchisee or “you” as used in this Agreement shall refer to each person executing this Agreement as Master Franchisee/you, whether such person is one of the spouses, partners, shareholders, members, trustees, trustors or beneficiaries or persons named as included in Master Franchisee/you, and shall apply to each such person as if he were the only named Master Franchisee in this Agreement.