Renewal of Franchise. A. The Franchising Authority and the Grantee agree that any proceedings undertaken by the Franchising Authority that relate to the renewal of the Grantee’s Franchise shall be governed by and comply with the renewal provisions of federal law.
Renewal of Franchise. The Township and the Franchisee agree that any proceedings undertaken by the Township that relate to the renewal of this Franchise shall be governed by and comply with the provisions of Section 626 of the Communications Act, 47 U.S.C. § 546.
Renewal of Franchise. The renewal of this Franchise shall be governed by the requirements of Applicable Law.
Renewal of Franchise. The LFA and Franchisee agree that any proceedings undertaken by the LFA that relate to the renewal of this Franchise shall be governed by and comply with the provisions of Section 14.420 of the Cable Law and Section 626 of the Communications Act, 47 U.S.C. § 546.
Renewal of Franchise. Prior to the expiration of the initial term of the Franchise granted hereunder or any extension thereof, the City Council may consider any application by Grantee for renewal of the Franchise for an additional term, if, in the opinion of the Council, such renewal would serve the Public interest. The procedure to consider such a renewal shall be as follows:
Renewal of Franchise. This Agreement does not automatically renew upon the expiration of the Initial Term. However, you have an option to renew the Franchise for one additional 10 year term (the “Renewal Term”) upon the expiration of the Initial Term if, and only if, each and every one of the following conditions has been satisfied:
Renewal of Franchise. You understand that you have the conditional right to renew this Agreement one time to operate the Restaurant in the System for twenty (20) years beyond the expiration date provided for in this Agreement. However, if you desire to obtain a new license upon the expiration of this Agreement, you must apply to us for a new license agreement at least ninety (90) days, but not more than twelve (12) months, before expiration of the term of this Agreement. Upon payment of a renewal fee, which will not exceed our then standard initial license fee, we will process your application in good faith and in accordance with our procedures, criteria and requirements regarding upgrading of facilities, credit, market feasibility and related criteria then being applied by us in issuing new licenses to use the System. If you fulfill our upgrading and other then-current requirements, we will grant you a new license in the form of agreement then in use by us. If you are granted a new license, you (and if you are an entity, your owners) will be required to execute a general release, in a form satisfactory to us, of any and all claims against us and our subsidiaries, affiliates, partners, agents, employees, representatives and servants, including claims arising under this Agreement and federal, state and local laws, rules and regulations. If you are not granted a new license, we will return the renewal fee less expenses incurred in processing your application. During the pendency of your application for the issuance of a new license, royalty fees and Marketing Fund contributions will be paid at the rate specified in this Agreement. Upon issuance of the new license agreement, fees must be paid at the rates specified in the new license agreement, which may be greater than the rates specified in this Agreement.
Renewal of Franchise. On the Expiration Date of this Agreement, you may, at your option, renew your rights under this Agreement for one (1) term equal to the number of years of the initial term provided for in our then-current Store Franchise Agreement, if all of the following conditions have been met:
Renewal of Franchise. This Agreement will be renewed automatically for a renewal period of one (1) year when its initial term or then current renewal period expires unless:
Renewal of Franchise. A. Any subsequent renewal term of the Franchise Agreement shall be limited to not more than 15 years each. The Franchising Authority and the Grantee agree that any proceedings undertaken by the Franchising Authority that relate to the renewal of the Franchise Agreement shall be governed by and comply with the renewal provisions of federal law.
