Common use of Development Schedule Clause in Contracts

Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of City Looks Salons International businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------- ------------------------------------------- ------------------------------------------- NUMBER OF CITY LOOKS BUSINESSES REQUIRED CUMULATIVE NUMBER OF CITY LOOKS BUSINESSES TO BE OPENED AND CONTINUOUSLY OPERATING REQUIRED TO BE OPEN AND CONTINUOUSLY PERIOD FOR BUSINESS IN THE FRANCHISED AREA DURING OPERATING FOR BUSINESS IN THE FRANCHISED ------ THE PERIOD. AREA AT THE END OF THE PERIOD. ---------------------- ------------------------------------------- ------------------------------------------- YEAR 1 -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- YEAR 2 -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- YEAR 3 -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- YEAR 4 -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- YEAR 5 -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- YEAR 6 -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- YEAR 7 -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- YEAR 8 -first half ---------------------- ------------------------------------------- -------------------------------------------

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

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Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of City Looks Salons International businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------- ------------------------------------------- ------------------------------------------- ------------------------- ------------------------------------------ -------------------------------------------- NUMBER OF CITY LOOKS BUSINESSES REQUIRED CUMULATIVE NUMBER OF CITY LOOKS BUSINESSES TO BE OPENED AND CONTINUOUSLY OPERATING BUSINESSES REQUIRED TO BE OPEN AND CONTINUOUSLY PERIOD FOR BUSINESS IN THE FRANCHISED AREA DURING CONTINUOUSLY OPERATING FOR BUSINESS IN THE FRANCHISED ------ PERIOD DURING THE PERIOD. THE FRANCHISED AREA AT THE END OF THE PERIOD. ---------------------- ------------------------------------------- ------------------------------------------- ------------------------- ------------------------------------------ -------------------------------------------- YEAR 1 -first - first half -second - second half ---------------------- ------------------------------------------- ------------------------------------------- ------------------------- ------------------------------------------ -------------------------------------------- YEAR 2 -first - first half -second - second half ---------------------- ------------------------------------------- ------------------------------------------- ------------------------- ------------------------------------------ -------------------------------------------- YEAR 3 -first - first half -second - second half ---------------------- ------------------------------------------- ------------------------------------------- ------------------------- ------------------------------------------ -------------------------------------------- YEAR 4 -first - first half -second - second half ---------------------- ------------------------------------------- ------------------------------------------- ------------------------- ------------------------------------------ -------------------------------------------- YEAR 5 -first - first half -second - second half ---------------------- ------------------------------------------- ------------------------------------------- ------------------------- ------------------------------------------ -------------------------------------------- YEAR 6 -first - first half -second - second half ---------------------- ------------------------------------------- ------------------------------------------- ------------------------- ------------------------------------------ -------------------------------------------- YEAR 7 -first - first half -second - second half ---------------------- ------------------------------------------- ------------------------------------------- ------------------------- ------------------------------------------ -------------------------------------------- YEAR 8 -first - first half ---------------------- ------------------------------------------- -------------------------------------------- second half ------------------------- ------------------------------------------ -------------------------------------------- The half-year periods set forth above will be determined from the date of this Agreement, so that the first half-year of the development schedule set forth above will be six (6) months from the date of this Agreement. For purposes of determining compliance with the development schedule set forth in this Article 3.4, only the FRANCHISEE'S City Looks businesses actually open and continuously operating for business in the Franchised Area as of the end of a given half-year period will be counted toward the number of City Looks businesses required to be open and continuously operating for business.

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of City Looks Salons International businesses Cost Cutters Businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------- ------------------------------------------- ------------------------------------------- ---------------------------- -------------------------------------------- --------------------------------------------- NUMBER OF CITY LOOKS COST CUTTERS BUSINESSES REQUIRED CUMULATIVE NUMBER OF CITY LOOKS COST CUTTERS BUSINESSES TO BE OPENED AND CONTINUOUSLY OPERATING FOR REQUIRED TO BE OPEN AND CONTINUOUSLY PERIOD FOR BUSINESS IN THE FRANCHISED AREA DURING THE OPERATING FOR BUSINESS IN THE FRANCHISED ------ THE PERIOD. PERIOD PERIOD AREA AT THE END OF THE PERIOD. ---------------------- ------------------------------------------- ------------------------------------------- PERIOD ---------------------------- -------------------------------------------- --------------------------------------------- -first half: YEAR 1 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 2 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 3 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 4 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 5 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 6 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 7 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 8 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half ---------------------- half: YEAR 9 -second half: ---------------------------- ------------------------------------------- ----------------------------------------------------------------------------------------- -first half: YEAR 10 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- The half-year periods set forth above will be determined from the date of this Agreement, so that the first half-year period of the development schedule set forth above will end six (6) months from the date of this Agreement. For purposes of determining compliance with the development schedule set forth in this Article 3.4, only the FRANCHISEE'S Cost Cutters Businesses actually open and continuously operating for business in the Franchised Area as of the end of a given half-year period will be counted toward the number of Cost Cutters Businesses required to be open and continuously operating for business.

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of City Looks Salons International businesses We Care Hair Businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------- ---------------------------- ------------------------------------------- ------------------------------------------- -------------------------------------------- NUMBER OF CITY LOOKS WE CARE HAIR BUSINESSES REQUIRED CUMULATIVE NUMBER OF CITY LOOKS WE CARE HAIR BUSINESSES TO BE OPENED AND CONTINUOUSLY OPERATING FOR REQUIRED TO BE OPEN AND CONTINUOUSLY PERIOD FOR BUSINESS IN THE FRANCHISED AREA DURING THE OPERATING FOR BUSINESS IN THE FRANCHISED ------ THE PERIOD. PERIOD PERIOD AREA AT THE END OF THE PERIOD. ---------------------- PERIOD ----------- ---------------- ------------------------------------------- ------------------------------------------- -------------------------------------------- -first half: YEAR 1 -second half: ----------- ---------------- ------------------------------------------- -------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 2 -second half: ----------- ---------------- ------------------------------------------- -------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 3 -second half: ----------- ---------------- ------------------------------------------- -------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 4 -second half: ----------- ---------------- ------------------------------------------- -------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 5 -second half: ----------- ---------------- ------------------------------------------- -------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 6 -second half: ----------- ---------------- ------------------------------------------- -------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 7 -second half: ----------- ---------------- ------------------------------------------- -------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 8 -second half: ----------- ---------------- ------------------------------------------- -------------------------------------------- -first half ---------------------- half: YEAR 9 -second half: ----------- ---------------- ------------------------------------------- --------------------------------------------------------------------------------------- -first half: YEAR 10 -second half: ----------- ---------------- ------------------------------------------- -------------------------------------------- The half-year periods set forth above will be determined from the date of this Agreement, so that the first half-year period of the development schedule set forth above will end six (6) months from the date of this Agreement. For purposes of determining compliance with the development schedule set forth in this Article 3.4, only the FRANCHISEE'S We Care Hair Businesses actually open and continuously operating for business in the Franchised Area as of the end of a given half-year period will be counted toward the number of We Care Hair Businesses required to be open and continuously operating for business.

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

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Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of City Looks Salons International businesses We Care Hair Businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------- ------------------------------------------- ------------------------------------------- ---------------------------- -------------------------------------------- --------------------------------------------- NUMBER OF CITY LOOKS WE CARE HAIR BUSINESSES REQUIRED CUMULATIVE NUMBER OF CITY LOOKS BUSINESSES WE CARE HAIR TO BE OPENED AND CONTINUOUSLY OPERATING BUSINESSES REQUIRED TO BE OPEN AND CONTINUOUSLY PERIOD FOR BUSINESS IN THE FRANCHISED AREA DURING CONTINUOUSLY OPERATING FOR BUSINESS IN THE PERIOD THE PERIOD FRANCHISED ------ THE PERIOD. AREA AT THE END OF THE PERIOD. ---------------------- ------------------------------------------- ------------------------------------------- PERIOD ---------------------------- -------------------------------------------- --------------------------------------------- -first half: YEAR 1 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 2 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 3 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 4 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 5 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 6 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 7 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 8 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half ---------------------- half: YEAR 9 -second half: ---------------------------- ------------------------------------------- ----------------------------------------------------------------------------------------- -first half: YEAR 10 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- The half-year periods set forth above will be determined from the date of this Agreement, so that the first half-year period of the development schedule set forth above will end six (6) months from the date of this Agreement. For purposes of determining compliance with the development schedule set forth in this Article 3.4, only the FRANCHISEE'S We Care Hair Businesses actually open and continuously operating for business in the Franchised Area as of the end of a given half-year period will be counted toward the number of We Care Hair Businesses required to be open and continuously operating for business.

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of City Looks Salons International businesses Cost Cutters Businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------- ------------------------------------------- ------------------------------------------- ---------------------------- -------------------------------------------- --------------------------------------------- NUMBER OF CITY LOOKS COST CUTTERS BUSINESSES REQUIRED CUMULATIVE NUMBER OF CITY LOOKS BUSINESSES COST CUTTERS TO BE OPENED AND CONTINUOUSLY OPERATING BUSINESSES REQUIRED TO BE OPEN AND CONTINUOUSLY PERIOD FOR BUSINESS IN THE FRANCHISED AREA DURING CONTINUOUSLY OPERATING FOR BUSINESS IN THE PERIOD THE PERIOD FRANCHISED ------ THE PERIOD. AREA AT THE END OF THE PERIOD. ---------------------- ------------------------------------------- ------------------------------------------- PERIOD ---------------------------- -------------------------------------------- --------------------------------------------- -first half: YEAR 1 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 2 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 3 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 4 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 5 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- half: YEAR 6 -first half -second half ---------------------- half: ---------------------------- ------------------------------------------- ------------------------------------------- YEAR 7 -first half -second half ---------------------- ------------------------------------------- ------------------------------------------- YEAR 8 -first half ---------------------- ------------------------------------------- -----------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

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