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ompliance with local law or roperation of the Franc

in Feedback/Vorschläge 01.11.2019 04:06
von gsnoopy520 • 311 Beiträge

Why would any franchisor want to terminate a franchisee who pays royalties into the system Mike Green Premier Jersey , assists the franchisor in extending his brand name and helps the franchise system gain market share, growth and profitability? Indeed all good points to the question; why? Well often a franchise outlet is under performing, undermining the system or not accomplishing those objectives.


It is for this reason as a franchisor and often feeling more like a grandfather or coach, I had to come to terms with when it was time to sever the franchise relationship. I therefore put this clause into my franchise agreements;


6. TERMINATION AND DEFAULTS


6.1 Termination by Franchisor


Franchisor may terminate the Franchise Agreement at the time indicated, if any of the following events occurs, each of which shall be deemed a default:


(a) immediately Gordie Howe Premier Jersey , if the Franchisee or the Franchised Business is declared bankrupt or judicially determined to be insolvent, or all or a substantial part of the assets of the Franchisee or the Franchised Business are assigned to or for the benefit of any creditor, or the Franchisee admits its inability to pay its debts as they come due, or the Franchised Business is seized, taken over, or foreclosed by a governmental official in the exercise of his duties Authentic Dylan Larkin Jersey , or seized, taken over, or foreclosed by a creditor, lienholder or lessor, provided that a final judgement against the Franchisee remains unsatisfied for thirty (30) calendar days (unless an appeal bond has been filed), or if a levy of execution has been made upon the license granted by this Agreement or upon any property used in the Franchised Business and is not discharged within five (5) business days; or


(b) immediately Authentic Frans Nielsen Jersey , if the Franchisee abandons the Franchised Business by failing to operate the Franchised Business for five (5) consecutive calendar days during which the Franchisee is required to operate a business under the terms of this Agreement or any shorter period after which it is not unreasonable under the facts and circumstances for Franchisor to conclude that the Franchisee does not intend to continue to operate the Franchised Business, unless such failure to operate is due to fire, flood, earthquake or other similar causes beyond the Franchisee's control; or


(c) immediately, if the Franchisor discovers that the Franchisee has made any material misrepresentations to the Franchisor relating to the acquisition of the Franchised Business; or


(d) immediately, if the Franchisee is a competitor of the Franchisor or a competitor of an affiliate of the Franchisor or a competitor of any sister or co-brand company of the Franchisor or a competitor of a vendor of the Franchisor. In such case the Franchisee will be terminated Authentic Mike Green Jersey , the Franchisee will forfeit their mobile truckunit(s) and their associated equipment which will be transferred to other Franchisees to assist with community fundraiser events and the Franchisee will be required to pay a misrepresentation penalty of five (5) times the franchise fee to the Franchisor that will be distributed to charitable organizations so designated by a Franchisee committee convened for just this purpose. The Franchisee will be liable to the Franchisor for reasonable attorney's fees and court costs incurred by the Franchisor in any litigation related to this matter; or


(e) immediately, if the Franchisee is convicted of, or pleads nolo contendere to, a felony, commits any criminal misconduct relevant to the operation of the franchise, a fraud Authentic Gordie Howe Jersey , any act or crime involving moral turpitude, or any other crime or offense that Franchisor believes is likely to have an adverse effect on the System, the proprietary marks or the goodwill; or


(f) immediately, if the Franchisee, after curing any default after notice and opportunity to cure, engages in the same noncompliance Dylan Larkin Jersey , whether or not corrected after notice; or


(g) immediately, in the event the Franchisee attempts to transfer any interest in the Franchisee of the Franchised Business in violation of Section 5; or


(h) immediately, in the event that the Franchisee violates the provisions of Section 3.19 or 3.20 hereof;


(i) immediately, in the event that the Franchisee does not notify Franchisor of Franchisee change or discontiuance of use of address or change of telephone number or change of e-mail account address within fifteen (15) calendar days of such change; or


(j) immediately, in the event that the Franchisee fails to perform the required car wash fundraisers or community service projects; or


(k) immediately, in the event that the Franchisee operates the Franchise in a manner that creates an imminent danger or threat to public health or safety; or


(l) upon ten (10) calendar days? written notice to Franchisee of its failure to pay any fees or other amounts due to Franchisor Frans Nielsen Jersey , any affiliate of Franchisor or any other Franchisee that is not cured within such ten day period; or


(m) upon thirty (30) calendar days after notification to Franchisee of noncompliance with any national, federal, state or local law or regulation applicable to the operation of the Franchised Business unless cured within such period; or


(n) upon thirty (30) calendar days after notification to Franchisee of failure to secure and maintain in force all required licenses, insurance, permits, registrations and certificates relating to the operation of the Franchised Business [url=http://www.authenticredwingspro.com/Mike-green-red-wings-

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