GRANT OF DEVELOPMENT RIGHTS Sample Clauses
GRANT OF DEVELOPMENT RIGHTS. 1.1 Franchisor grants Developer the exclusive right to develop Restaurants only in the Territory for a period commencing on the date hereof and expiring on ___________, 20__, unless sooner terminated as hereinafter provided. Developer has no rights under this Agreement to develop Restaurants outside of the Territory or to develop restaurants which do not employ the System, including the ▇▇▇▇▇▇▇▇'▇ Neighborhood Grill & Bar service ▇▇▇▇.
1.2 During the term of this Agreement, Franchisor shall not operate a restaurant utilizing the System or license any other person to operate a restaurant utilizing the System in the Territory. However, nothing in this Agreement shall prohibit or infringe upon Franchisor's right to operate a restaurant or license any other person to operate a restaurant in the Territory which does not utilize the System or use the ▇▇▇▇▇▇▇▇'▇ Neighborhood Grill & Bar service ▇▇▇▇. In addition, Franchisor specifically reserves the right to operate or license any other person to operate restaurants in any location within an airport (serviced by one or more public or charter carrier), arena, stadium, state or national park, or military fort, post or base which may be within the boundaries of the Territory otherwise granted to Developer. Further, Developer acknowledges and agrees that Franchisor or any one (1) or more of its subsidiary or affiliated companies or divisions shall have the right to operate or license any other person to operate such other restaurants which may or will compete with the Restaurants, under a system and service ▇▇▇▇ other than ▇▇▇▇▇▇▇▇'▇ Neighborhood Grill & Bar.
1.3 After this Agreement expires or is terminated, Franchisor shall have the complete and unrestricted right to operate or license other persons to operate a restaurant utilizing the System in the Territory.
GRANT OF DEVELOPMENT RIGHTS. The following provisions control with respect to the rights granted hereunder:
GRANT OF DEVELOPMENT RIGHTS. 3.1.1 In consideration of the Developer agreeing to pay the Consideration to BSHB, this Development Agreement and the representation, warranties and covenants on part of the Developer herein contained, BSHB, in accordance with this Development Agreement, the Applicable Laws and the Applicable Permits, hereby agree to grant to the Developer, the exclusive right and authority during the Lease Period to undertake and implement the Project as more specifically mentioned in the Scope of the Project (the "Grant") and the Developer hereby agrees to undertake the Project in accordance with the terms and conditions of this Development Agreement.
3.1.2 Subject to and in accordance with the provisions of this Development Agreement, the Grant hereby granted shall oblige or entitle (as the case may be) the Developer to the following:
a) Right of access to the Site for the purposes of and to the extent conferred by the provisions of this Development Agreement, and subsequent to the execution of the Lease Deed to enjoy the Lease Rights of the Site for the purpose of undertaking the Project during the Lease Period;
b) Enter into sub-contracts for the purposes of the Project;
c) Apply for and obtain all Applicable Permits required for the Project, including plans for construction of building/s and other structure/s thereon for such uses and purposes as described herein;
d) Enjoy all the rights, privileges and benefits in accordance with the provisions of this Development Agreement and Applicable Laws and Applicable Permits and subject to receipt of approval and authorization in accordance with the terms hereof, to design, engineer, finance, procure, construct, erect, operate, market and maintain the Assets and Project Utilities, and for that purpose to remove, renovate, use or demolish any structures with prior approval from BSHB that may be existing on the Site as on the date of handing over of the Site to the Developer;
e) Proceed with the development of the Project, Assets, Project Utilities etc. However, the Developer shall develop the Project on its own account and at its own risk, costs and expenses and shall be solely responsible and liable to all the Governmental Authorities/ Sub-Lessees/ Sub-Contractors;
f) To facilitate the development of the Project, raise in its own name loans or raise funds from any Lender (subject to the provisions hereof and prior approval of BSHB), and as security thereof to create an Encumbrance upon execution of Lease Rights of the Site a...
GRANT OF DEVELOPMENT RIGHTS. Subject to the terms of this Agreement, we hereby grant to Developer and Developer hereby accepts the rights, during the Term and any Renewal Terms, to solicit, refer to us, qualify, train, assist and provide ongoing pre and post opening support to prospective franchisees and ESIO Franchisees to open and operate ESIO Franchises in the RDA set forth in Exhibit 1 (the “Developer Services”).
GRANT OF DEVELOPMENT RIGHTS. 2.1.1 Subject to the terms of this Agreement, the GOB hereby grants to the Concessionaire the right to conduct the Feasibility Study of the Project at the Project Land and design, finance, insure, construct, complete, operate and maintain the Salt Extraction Facility at the Site for the duration of the Term unless otherwise renewed or terminated earlier than the Expiry Date in accordance with the provisions of this Agreement. The Project shall be designed and constructed by the Concessionaire strictly in accordance with this Agreement.
2.1.2 The Concessionaire may, subject to the terms of this Agreement, enter into such agreements or appoint such Subcontractor(s) to assist the Concessionaire in fulfilling its obligations under this Agreement.
GRANT OF DEVELOPMENT RIGHTS. FRANCHISOR hereby grants to DEVELOPER and DEVELOPER hereby accepts, the right to establish and operate thirty-one (31) FRANCHISED STORES using the WEST COAST SYSTEM, as it may be changed, improved, modified or further developed from time to time, upon the terms and subject to the provisions of this Agreement. The location of each FRANCHISED STORE (herein "Location") shall be approved in advance by FRANCHISOR as provided in Section 4.1 of this Agreement. Each Franchised Store shall be established and operated pursuant to FRANCHISOR's Franchise Agreement (herein the "Franchise Agreement") attached hereto as Exhibit A and incorporated herein by reference and the addendum with respect to each FRANCHISED STORE (herein the "Addendum"), as provided in Section 4.2 hereof. This Agreement does not grant to DEVELOPER any right to use in any manner FRANCHISOR's Proprietary Marks or System. DEVELOPER shall have no right under this Agreement to license others to use in any manner the Proprietary Marks or WEST COAST SYSTEM.
GRANT OF DEVELOPMENT RIGHTS. A. The Franchisor hereby grants to Developer during the term of this agreement the exclusive right to open and operate BACK YARD BURGERS Restaurants ("Restaurant[s]") or ("Unit[s]") under the development schedule set forth in attached Addendum 1, incorporated herein by reference ("Development Schedule, Division of Territory and Map"). Developer shall be required and hereby agrees to open additional BYB units under the following conditions; unless otherwise agreed upon:
(1) A minimum of one (1) unit per each 70,000 population increase in the territory as reported by the U.S. Census Bureau;
(2) Provided that, the increases occur after the Developer has met and finished the terms and time of the Development Schedule and, such unit increases are established within the time limitations of the Franchise Agreement and any renewal periods.
B. The right of the developer to develop each Restaurant is contingent upon Developer not being in default under this Agreement, and in substantial compliance with the terms and conditions of the Franchise Agreements to which Developer is a party. Developer must have opened and be operating all Restaurants required by the Development Schedule.
C. This Agreement is not a Franchise Agreement, and does not grant to Developer any right to use Back Yard Burgers Trade Practices, nor the Back Yard Burgers System. Developer shall have no right under this Agreement to license others to use the Trade Practices or Back Yard Burgers System.
GRANT OF DEVELOPMENT RIGHTS. Del Taco hereby grants to the Developer, subject to the terms and conditions of this Agreement and as long as the Developer complies with this Agreement and all other agreements with Del Taco, the exclusive Development Rights for Restaurants identified on Exhibit B. The Developer shall have the exclusive rights to develop Restaurants in the Development Area for the term of this Agreement. The Developer shall submit Site Approval Packages and shall develop and open the total number of Restaurants set forth on and in accordance with the Development Schedule. This Agreement is not a franchise agreement and does not grant the Developer any right to use the Del Taco System or any part of the Del Taco System. The Developer shall have no right under this Agreement to license others to use the Del Taco System or any part of this Del Taco System.
GRANT OF DEVELOPMENT RIGHTS. (a) Upon the terms and subject to the conditions of this Agreement, Company hereby grants to Franchisee, and Franchisee hereby accepts, the right and obligation, during the Term (defined below), to develop Traditional Restaurants (defined below) in the geographic area defined in Exhibit A, which is attached hereto and by this reference made a part hereof (the “Development Area”). An increase or decrease in the size of the cities, counties or political subdivisions, if any, included within these boundaries shall have no affect on the Development Area as it is described in Exhibit A.
(b) No right or license is granted to Franchisee hereunder to use any trademarks, trade names, service marks, logotypes, insignias, trade dress or designs owned by Company, such right and license being granted solely pursuant to Franchise Agreements executed pursuant hereto. Without limiting the generality of the foregoing, nothing in this Agreement shall permit Franchisee to own or operate a Restaurant, except pursuant to duly executed and subsisting Franchise Agreement. Franchisee shall not use such trademarks, trade names, service marks, logotypes, insignias, trade dress or designs in any manner or for any purpose, including in connection with any offering of securities or any request for credit, without the prior express written approval of Company.