TCBY definition
Examples of TCBY in a sentence
The COMPANY is engaged in the worldwide business of franchising or licensing retail TCBY Stores and other related concepts (“Franchised Stores”).
DISTRIBUTOR shall cease selling TCBY Branded Products to any Operator not later than three (3) days following receipt of written notice from COMPANY advising DISTRIBUTOR that such Operator is no longer approved by COMPANY and shall, within such timeframe, further cease selling, under the terms of any supplier agreement negotiated by COMPANY, all Proprietary Products to such Operators referenced in such notice.
In determining the “street price” for an item sold at Sea- Tac, the Port will be guided by the following considerations: • For any menu items, products and/or services offered by a Concessionaire with a trade name commonly recognized by the public (e.g., Burger King, TCBY and Subway Sandwich), the price charged at the Sea-Tac location shall be within the range of prices charged for such items at up to three comparable business locations operating under the same trade name in the Seattle-Tacoma area.
DISTRIBUTOR will use its best efforts to utilize the existing TCBY product item numbers.
Employee shall be entitled to participate in an equity based plan or arrangement which shall consist of a minimum of 1.0% of MFH stock plus Upside Options (as defined in Employment Stock Option Plan) and stock options of TCBY yet to be determined (the "Equity Plan").
TCBY shall bear the cost of any recall or withdrawal unless such recall or withdraw results directly from AF's manufacture of the Licensed Products or procurement of raw materials used in the manufacture of the Licensed Products pursuant to this Agreement, in which case AF shall bear the cost of any recall or withdrawal.
Provided that the TCBY requirements for any Licensed Product at any time do not exceed 125% of the Effective Date Quantity, AF shall be required to supply 100% of TCBY's requirements of the Licensed Products during the term of this Agreement.
If there occurs any General Interruption (as defined below) in supply, then TCBY may obtain any or all of its requirements from another supplier only for so long as such General Interruption is in effect, subject to such longer-term supply commitments that TCBY may have been required to make in order to obtain the Licensed Products during such General Interruption.
As of the Effective Date, TCBY requires the manufacture of the quantity of each Licensed Product set forth adjacent from such Licensed Product on Schedule I attached hereto (the "Effective Date Quantity").
If any payment in respect of a Distributor Purchase Price is received for which a Claw Back Amount was received or set off, then AF promptly will remit the TCBY Portion of such payment to TCBY.