New Franchise Agreements definition

New Franchise Agreements means all Franchise Agreements and related guaranty agreements entered into by a Securitization Entity following the Closing Date, in its capacity as franchisor for Branded Restaurants.

New Franchise Agreements means all Franchise Agreements and related agreements entered into by a SPV Franchising Entity following the earliest applicable Series Closing Date, or such other date, when the related assets for such Driven Securitization Brand were contributed to the Securitization Entities pursuant to a Contribution Agreement, in each case, in such SPV Franchising Entity’s capacity as franchisor for Branded Locations (including all renewals of Franchise Agreements and related agreements contributed to a SPV Franchising Entity pursuant to the Contribution Agreements).

New Franchise Agreements means all Franchise Agreements and related guaranty agreements entered into by Taco Bxxx Franchisor after the Original Closing Date, in its capacity as franchisor for Branded Restaurants (including all renewals thereof and of Contributed Franchise Agreements).

Examples of New Franchise Agreements in a sentence

• As a condition to Closing, Buyer shall enter into the New Management Agreements and the New Franchise Agreements, effective as of the Closing Date, containing terms and conditions acceptable to Buyer (including, without limitation, such terms and conditions as may be required to accommodate Buyer’s and/or Buyer’s Affiliates’ REIT structure).

• Master Franchisee’s Development Rights include the right during the Term to enter into New Franchise Agreements with Franchisees for the operation of Franchised Restaurants in the Territory, subject to the rights of Existing Franchisees under Existing Franchise Agreements and Existing Development Agreements.

• Sellers shall use best efforts to promptly provide all information required by the Franchisor in connection with the New Franchise Agreements, and Sellers and Buyer shall diligently pursue obtaining each the same.

• As a condition to Closing, Buyer shall enter into the New Management Agreements in a form to be agreed upon and attached as Exhibit H on or prior to the expiration of the Review Period and the New Franchise Agreements, effective as of the Closing Date, containing terms and conditions acceptable to Buyer (including, without limitation, such terms and conditions as may be required to accommodate Buyer’s and/or Buyer’s Affiliates’ REIT structure).

• Franchisor shall have the right to examine and audit the books and records of Developer pertaining to the expenditures on local advertising and promotion that Developer is required to make under this Agreement and Release and the Existing Franchise Agreements and New Franchise Agreements (the "Advertising Books and Records").

More Definitions of New Franchise Agreements

New Franchise Agreements means, depending on the context in which it is used, each new license or franchise agreement or master franchise agreement entered into by the Franchisor after the Initial Closing Date pursuant to which a Franchisee is given the right to operate a Drive-In within the United States or any Foreign Country or the rights and obligations of the Franchisor under each such franchise agreement.

New Franchise Agreements means all Franchise Agreements and related guaranty agreements entered into by Arby’s Franchisor after the Original Closing Date, in its capacity as franchisor for Branded Restaurants (including all renewals thereof and of Contributed Franchise Agreements).

New Franchise Agreements means all Franchise Agreements and related agreements entered into by xxx SPV Franchising Entity following the earliest applicable Series 2015-1 Closing Date, in itsor such other date, when the related assets for such Driven Securitization Brand were contributed to the Securitization Entities pursuant to a Contribution Agreement, in each case, in such SPV Franchising Entity’s capacity as franchisor for Branded Locations (including all renewals of Franchise Agreements and related agreements contributed to xxx SPV Franchising Entity on the Series 2015-1 Closing Datepursuant to the Contribution Agreements).

New Franchise Agreements means all such franchise agreements.

New Franchise Agreements has the meaning set forth in Section 9.2(a)(vi).

New Franchise Agreements. Franchise agreements entered into by or transferred to the Issuer after the Closing Date.

New Franchise Agreements have the meaning set forth in Section 15.1(a).