Franchise Owner definition

Franchise Owner means a person who:
Franchise Owner knowingly maintains false books or records or submits any false reports to Franchisor;
Franchise Owner means: (i) if you are an individual, it means you; (ii) if you are a privately held corporation, the individual who owns a majority of the voting and ownership interests in the corporation; (iii) if you are a partnership, the individual who is, or owns a majority of the voting and ownership interests in an entity that is a general partner of the partnership; and (iv) if you are a limited liability company, the individual who owns the majority of the membership interests in the company.

Examples of Franchise Owner in a sentence

  • Franchise owner, Tshepho Ndlovu, attributes this to the taxi-retail node bringing valuable footfall and disposable income to the mall.

  • The OC has the responsibility to develop, maintain, and revise the CPP.

  • Arkansas Code § 4-72-202, concerning definitions under the11 Arkansas Franchise Practices Act, is amended to add an additional subdivision12 to read as follows:13 (9) "Franchise owner" means a person who:14 (A) Owns a financial interest in a franchise; or15 (B) Has guaranteed the obligations of a person or legal16 entity under a franchise agreement.

  • The coverage requirements are as follows: The Franchise owner must own a Centx Banks Dept Recover Insurance card.

  • The proposed amendments are attached as Appendix A.[22] Counsel for the parties request that the Court approve the proposed amendments under its power to substitute its decision for that of the Council, rather than remit the matter back to the Panel.


More Definitions of Franchise Owner

Franchise Owner. The franchise owner identified as such at the beginning of this Agreement. Trade Secrets. Any information, without regard to form, related to Franchisor and its affiliates, including technical or non-technical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, specifications for designated products, methods of inventory control, operational systems, management techniques, or a list of actual or potential customers or suppliers which is not commonly known by or available to the public and which information (i) derives economic value, actual or potential, from not being generally known to, and not being ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. RECITALS: Franchisor is in the business of licensing others to develop and operate, at specific locations pursuant to written franchise agreements, Franchised Locations that will provide a full service The Click IT Store specializing in IT services, the same as, or similar to, the Franchised Business, as may evolve over time and in accordance with the proprietary system (the "System") developed and owned by Franchisor, as modified by Franchisor from time-to-time. The System includes certain trade names, service marks, trademarks, insignia, emblems, slogans, logos, commercial symbols, signs, trade dress, interior and exterior designs and specifications, and the motif, decor and color scheme and other visual identification by which the System is identified and publicized, whether now existing or hereafter created and designated by Franchisor. Under the Franchise Agreement, Franchisor requires that Franchise Owner cause each owner of a so called "Equity Interest" in Franchise Owner to execute and deliver an agreement in the form hereof. Second Party is the Owner of an Equity Interest in Franchise Owner and acknowledges that by virtue of Second Party's relationship with Franchise Owner, Second Party may receive, otherwise obtain or have access to certain Trade Secrets and Confidential Information in which Franchisor has a protectable interest. Accordingly, Franchisor desires to prevent Second Party from disclosing any such Trade Secrets and Confidential Information as hereinafter provided.
Franchise Owner. The franchise owner identified as such at the beginning of this Agreement. Location. The location of The Click IT Store having the street address indicated at the beginning of this Agreement. The Click IT Store. The Click IT Store (as defined below) which is the subject of the Franchise Agreement at the Location. Trade Secrets. Any information, without regard to form, related to Franchisor and its affiliates, including technical or non-technical data, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, methodsofinventory control, operationalsystems, management techniques, or a list of actual or potential customers or suppliers which is not commonly known by or available to the public and which information (i) derives economic value, actual or potential, from not being generally known to, and not beingascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Franchise Owner means the person or business entity that has signed a Franchise Agreement and operates a COLOR ME MINE® Studio. Franchised Business
Franchise Owner or "Franchisee," as those terms are defined in the Existing Partnership Franchise Agreements, which obligations arose or accrued up to the effective date of this Consent Agreement. The Partnership also agrees to perform all unperformed and partially-performed terms and conditions of the Existing Partnership Franchise Agreements which were to be performed up to the effective date of this Consent Agreement. The Partnership agrees that any failure to comply with such provisions of the Existing Partnership Franchise Agreements shall constitute a default of the New Partnership Franchise Agreements and this Consent Agreement. The New Guarantors agree that their obligations shall jointly and severally apply to all obligations of the Partnership under both the Existing Partnership Franchise Agreements and the New Partnership Franchise Agreements, as well as the Co-franchised Franchise Agreements (subject to certain limitations by the guaranty of Meritage as provided herein).
Franchise Owner agrees at all times during the continuance of this Agreement to use its commercially reasonable best efforts to promote and operate the Franchised Business. The Franchised Business shall be operated only under the following name:____________________________________________________________.
Franchise Owner. FRANCHISOR: OPTION CARE CAMILLA, INC. OPTION CARE, INC. By: /s/ Xxxxxx Xxxxxx By: /s/ Xxxxx Xxxxxxxxxxx ---------------------------------- ------------------------------- Name: Xxxxxx Xxxxxx Name: XXXXX XXXXXXXXXXX -------------------------------- ----------------------------- Title: President Title: Vice President ------------------------------- ---------------------------- Date: 12/31/96 Date: 12/20/96 -------------------------------- -----------------------------
Franchise Owner as used herein shall refer to such corporation; provided, however, that such assignment shall in no way affect the obligations hereunder of the individual above designated "Franchise Owner," who shall remain fully bound by and responsible for the performance of all of such obligations, jointly and severally with such corporation. Such corporation shall at no time engage in any business or activities other than the exercise of the rights herein granted to the Franchise Owner and the performance of its obligations as Franchise Owner hereunder.