Sentences with phrase «franchise agreements which»

The deal is the latest in a series of franchise agreements which has seen the Mercure brand expand rapidly in the UK in recent months, making Mercure a major player in the local mid-scale market.

Hyatt has announced that it has entered into a franchise agreement which will see the Bruden House hotel in the centre of Budapest renovated into what Hyatt is calling «an upper - upscale 110 - room hotel».

Not exact matches

Adjusted Net Income is defined as net income excluding (i) franchise agreement amortization, which is a non-cash expense arising as a result of acquisition accounting that may hinder the comparability of our operating results to our industry peers, (ii) amortization of deferred financing costs and debt issuance discount, a non-cash component of interest expense, and (gains) losses on early extinguishment of debt, which are non-cash charges that vary by the timing, terms and size of debt financing transactions, (iii)(income) loss from equity method investments, net of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projects.

Today, the extremely rigid Franchise Disclosure Document, which is proffered by a franchiser before any agreement is pursued, must contain a preordained list of 23 items.

More specifically, the areas of beverage alcohol in which the firm practices include federal, state and local alcoholic beverage retail, wholesale and supplier licensing, multi-jurisdictional regulatory compliance, international and domestic agreements, trademark registration and protection, federal label approval and state brand registration, industry franchise laws, trade practices, and Customs matters related to the alcoholic beverage industry.

The ruling, which introduces penalty rates to more than 22,000 employees across 450 stores, is one of the first major agreements to be terminated following reports franchises and retailers are paying below the award through expired deals with the Shop Distributive and Allied Employees Association.

Under the Caltex franchise agreement, if a franchisee is terminated due to a breach of the franchise agreement (which can occur for wage underpayment as well as other reasons) the value of the business is returned to Caltex with the franchisee receiving only the value of any stock or other owned assets.

That's the thinking behind UFood Grill, the award - winning fast - casual franchise where «delicious meets nutritious,» which today rolled out its new «Lean and Mean Deal» — a franchise incentive program that will offer deep discounts for a limited time on the initial franchise fee for multi-unit development agreements of three or more locations.

In January, Dunkin' Donuts announced plans to enter Los Angeles, Riverside, San Diego, San Bernardino, Ventura and Orange counties and has since executed franchise agreements to develop more than 70 new freestanding restaurants in these markets, which will begin opening in 2015.

The Franchise and Concession Review Committee (FCRC), on which Comptroller Stringer and the five Borough Presidents sit, will hold a hearing on Monday to discuss the draft franchise agreement for CityBridge LLC to create the «LinkNYC» WiFFranchise and Concession Review Committee (FCRC), on which Comptroller Stringer and the five Borough Presidents sit, will hold a hearing on Monday to discuss the draft franchise agreement for CityBridge LLC to create the «LinkNYC» WiFfranchise agreement for CityBridge LLC to create the «LinkNYC» WiFi system.

Last year Sony, which owns the movie rights and created two Sider - Man franchises, and Marvel reached an agreement that allows for the web - slinger to appear and fight along Marvel movie heroes like Captain America and Iron Man.

Besides the Twilight franchise, Summit has several highly anticipated releases set for 2009 and beyond, all of which will air under the agreement with Showtime.

• Approved the first reading of an ordinance renewing the city's 20 - year franchise agreement with Kansas City Power & Light, which allows the company to maintain its poles and other equipment in the city.

The Novotel London Stansted has been signed under a franchise agreement and will be operated by Arora Hotels a division of the Arora Group which acquired the property in 2016.

Mercure continues to expand through franchise agreements and has opened three new hotels in Rende, Tarente and Naples, which are strategic Italian cities for the Group.

The 452 - room InterContinental London The O2, which is set to open in 2015, will operate under a franchise agreement with Meridian Hotel Operations Limited and will be managed by Arora Hotels.

Set to open this August is Holiday Inn London - West, a 225 - room property including 75 new rooms and 150 refurbished rooms, which will operate under a franchise agreement with first time IHG owner Mango Hotels.

Hyatt has entered into a franchise agreement with Párizs Property Kft for the project, which will see Brudern House in downtown Budapest converted into an upper - upscale 110 - room hotel.

A Hyatt affiliate has entered into a franchise agreement with InTown Hospitality for a Hyatt House hotel in Düsseldorf, Germany, which is expected to open January 2017.

Many companies may simply copy other franchise's agreements which is a tragic and avoidable mistake.

For example, if McDonald's (which is mainly a franchise system) terminates a franchise agreement, the franchisee can still copy most of McDonald's system.

The Court of Appeal handed down judgment at the end of November in relation to a dispute between a franchisor and an ex franchisee which highlights the dangers of failing to enter into properly drafted franchise agreements.

In making this statement I am not even getting into the issue of franchise relationship or subcontracting agreements, which bring their own challenges with them.

The analogous application was first picked up by the German Federal Court (BGH) in regard to authorized car dealer agreements and later more or less copied by the Austrian Civil Supreme Court (OGH), which has also applied it to the termination of (subordination) franchise agreements.

More broadly, the Court stated that the question was whether it was plain and obvious that a parent company and a franchisor's associate which controls the market and sets the terms of the franchise agreement, like GM US, could never be considered a party to the agreement for purposes of the duty of good faith.

There was no need to determine whether the restrictive covenant in this case (i) was entitled to a presumption of reasonableness (as done in the commercial context), (ii) required a high level of scrutiny (as done in an employment contract), or (iii) perhaps fell somewhere on a spectrum between these two ends (as is assumed in respect of franchise agreements, which are typically contracts of adhesion yet involve independent contractors in a commercial context).

The former concern breaches of contract which occurred during the term of the franchise agreement.

Another important part of the analysis in which the franchise lawyer will need to carefully engage is whether the franchisee — not only the franchisor — broke parts of the franchise agreement, or failed to comply with his or her obligations under the franchise contract.

It also noted that the parties» own franchise agreement provided that any provision which conflicted with any law would be limited only to the extent required by the law.

It was based on his reasonable conclusions that (i) the parties» agreement provided for mediation as a precondition to arbitration; (ii) the requirement to mediate «in Delaware», which ran afoul of section 10 of the Arthur Wishart (Franchise Disclosure) Act, could be severed from the parties» agreement using the «blue pencil» approach, which kept intact the requirement to mediate, just not in Delaware; and (iii) applying the «appropriate means» branch of the discoverability test in s. 5 (1)(a)(iv) of the Limitations Act, 2002, the two year limitation period for arbitration commenced on the date that mediation was deemed completed.

HFS Inc., which owns Century 21, ERA, and Coldwell Banker, has also entered into preferred vendor agreements to pass along discounts on items like office supplies and long - distance telephone service to franchise owners and salespeople.

A counterclaim filed by Sutton Sadie Moranis says that Sutton Group breached its franchise agreement, which is why it failed to pay its fees.

Take a look at this franchise agreement questionnaire, which brings up many issues that you'll want to address.

That's because the hotels, which will be built side - by - side near the Baltimore / Washington International Airport, were among the first franchise agreements signed in February by the company's reorganized real estate group.

Brookfield Real Estate Services Fund, which operates the Royal LePage residential real estate network, has formally approved the acquisition of franchise agreements operating under...

Brookfield Real Estate Services Fund, which operates the Royal LePage residential real estate network, has formally approved the acquisition of franchise agreements operating under the La Capital Real Estate Network brand in Quebec for approximately $ 17.5 million.

«In the very beginning, there were some concerns with the major franchises, which have their own private agreements with the portals, but we don't interfere with that.