Franchise Agreement

Pakistan

Updated: Dec 19, 2020


MAQ & Associates

MAQ & Associates

Law firm

Accepted payment methods


Key description

  • In this agreement the Franchisee is desirous of operating its hotel under the trade name of ABC Hotel, Faisalabad and is further desirous to retain Franchisor as its Manager to manage and operate the said hotel and its business.

Language

Categories

Industries

Covered clauses

General

  • Definition of Terms

  • Exclusive Right

  • Consideration, Fees And Payments

  • Hotel

  • Appointment of Franchisor As Manager

  • Representations And Warranties

  • Operation

  • Working Capital And Inventories

  • Maintenance, Replacement And Changes

  • Employees

  • Budget, Standards And Contracts

  • Operating Distributions

  • Insurance

  • Taxes And Debt Service

  • Bank Accounts

  • Accounting System

  • Payment By Franchisee And Distributions To Franchisee

  • Relationship And Authority

  • Damage, Acquisition And Force Majeure

  • Default And Termination

  • Waiver And Invalidity

  • Assignment

  • Notices

  • Franchised Marks; Intellectual Property

  • Indemnification

  • Governing Law Venue

  • Term of Agreement

  • Miscellaneous


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