New Franchise Agreements definition

New Franchise Agreements means all Franchise Agreements and related guaranty agreements entered into by a Securitization Entity following the Closing Date, in its capacity as franchisor for Branded Restaurants.
New Franchise Agreements means all Franchise Agreements and related agreements entered into by a SPV Franchising Entity following the earliest applicable Series Closing Date, or such other date, when the related assets for such Driven Securitization Brand were contributed to the Securitization Entities pursuant to a Contribution Agreement, in each case, in such SPV Franchising Entity’s capacity as franchisor for Branded Locations (including all renewals of Franchise Agreements and related agreements contributed to a SPV Franchising Entity pursuant to the Contribution Agreements).
New Franchise Agreements means, depending on the context in which it is used, each new license or franchise agreement or master franchise agreement entered into by the Franchisor after the Initial Closing Date pursuant to which a Franchisee is given the right to operate a Drive-In within the United States or any Foreign Country or the rights and obligations of the Franchisor under each such franchise agreement.

Examples of New Franchise Agreements in a sentence

  • As a condition to Closing, Buyer shall enter into the New Management Agreements and the New Franchise Agreements, effective as of the Closing Date, containing terms and conditions acceptable to Buyer (including, without limitation, such terms and conditions as may be required to accommodate Buyer’s and/or Buyer’s Affiliates’ REIT structure).

  • Debtors argue consideration for the New Franchise Agreements includes payment of royalties and advertising costs for the use of KFCC trademarks.

  • Based on a review of Annual Work Plans (AWPs) and Project Implementation Reviews (PIRs), targeted efforts to link the project with other related initiatives within the UNDP portfolio, or with other interventions at the regional and state level, were quite limited.

  • Sellers shall use best efforts to promptly provide all information required by the Franchisor in connection with the New Franchise Agreements, and Sellers and Buyer shall diligently pursue obtaining each the same.

  • Likewise, the New Franchise Agreements were key assets for Debtors in marketing and completing the sales contemplated in the Reinstatement Agreements and their supporting documents.


More Definitions of New Franchise Agreements

New Franchise Agreements means all Franchise Agreements and related guaranty agreements entered into by Taco Xxxx Franchisor after the Closing Date, in its capacity as franchisor for Branded Restaurants (including all renewals thereof and of Contributed Franchise Agreements).
New Franchise Agreements means all Franchise Agreements and related agreements entered into by xxx SPV Franchising Entity following the earliest applicable Series 2015-1 Closing Date, in itsor such other date, when the related assets for such Driven Securitization Brand were contributed to the Securitization Entities pursuant to a Contribution Agreement, in each case, in such SPV Franchising Entity’s capacity as franchisor for Branded Locations (including all renewals of Franchise Agreements and related agreements contributed to xxx SPV Franchising Entity on the Series 2015-1 Closing Datepursuant to the Contribution Agreements).
New Franchise Agreements means all Franchise Agreements and related guaranty agreements entered into by Arby’s Franchisor after the Original Closing Date, in its capacity as franchisor for Branded Restaurants (including all renewals thereof and of Contributed Franchise Agreements).
New Franchise Agreements. Franchise agreements entered into by or transferred to the Issuer after the Closing Date.
New Franchise Agreements have the meaning set forth in Section 15.1(a).
New Franchise Agreements has the meaning set forth in Section 9.2(a)(vi).
New Franchise Agreements means all such franchise agreements.