Unit Addendum definition
Examples of Unit Addendum in a sentence
Added Deleted Modified G ¨ ¨ ¨ Pet Addendum I ¨ ¨ ¨ Garage, Carport (Parking Space), Storage Unit Addendum J ¨ ¨ ¨ Washer / Dryer Addendum If any Addendum is added or modified as a result of this Lease Change Addendum, Resident agrees that the terms of any such Addendum are set forth in the Addendum.
This Unit Addendum may be terminated pursuant to this clause 4 only after FRANCHISOR actually receives the original copy of the Termination Notice that meets the foregoing requirements.
At all times during the Term of each Unit Addendum, Franchisee must appoint and employ at least one (1) Restaurant Manager for each Franchised Restaurant who shall be responsible for the direct, personal day-to-day supervision of the Franchised Restaurant.
The Franchise Fee and the Royalty payable under clause 8.1 are in consideration solely for the grant of rights in clause 2.1 with respect to each Unit Addendum and are not for FRANCHISOR’s performance of any specific obligations or services.
The incorporation of the applicable terms and provisions of the Franchise Agreement into this Unit Addendum will continue in effect so long as this Unit Addendum remains in effect, notwithstanding the termination or expiration of the Franchise Agreement.
Franchisee shall clearly state its decision to terminate this Unit Addendum in such Termination Notice, which shall be signed by the legal representative of Franchisee and affixed with the corporate seal of Franchisee.
Termination of this Unit Addendum will not, in and of itself, effect a termination of the Franchise Agreement.
It is agreed that, with the exception of those specific items set forth below, all of the terms, conditions and provisions of the Franchise Agreement (including all defined terms) are incorporated in this Unit Addendum as if fully and completely set forth in this Unit Addendum.
The Operations Director at the date of this Agreement is the person specified as such for the Franchised Restaurant in each Unit Addendum.
Franchisee further acknowledges that the foregoing seven-day Termination Period has been agreed to by Franchisor and Franchisee based on their negotiations and reflects a truthful allocation of risks and liabilities after taking into account all of the relevant factors in entering into this Unit Addendum.