Sentences with phrase «borne by the franchisees»

Specifically on the issue of the cost of the required renovation to the restaurant, the trial judge found that the franchisee and its principal were «fully informed» before they entered into the original franchise agreement about the fact that Pizza Pizza was in the process of renovating its restaurants and that the cost was to be borne by the franchisees.

Not exact matches

These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform, labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations; higher - than - anticipated costs to open, close or remodel restaurants; increased advertising and marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk of doing business with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.

In fact, a recent court case shows that «when a consumer sued a major national brand for the actions of a nearly defunct franchisee, documents filed by the company contended that the franchisor bears no responsibility for the actions of the individual franchisee or its agents — and the court agreed.»