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 clausesGeneral
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Definition of Terms
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Exclusive Right
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Consideration, Fees And Payments
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Hotel
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Appointment of Franchisor As Manager
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Representations And Warranties
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Operation
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Working Capital And Inventories
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Maintenance, Replacement And Changes
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Employees
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Budget, Standards And Contracts
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Operating Distributions
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Insurance
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Taxes And Debt Service
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Bank Accounts
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Accounting System
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Payment By Franchisee And Distributions To Franchisee
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Relationship And Authority
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Damage, Acquisition And Force Majeure
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Default And Termination
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Waiver And Invalidity
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Assignment
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Notices
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Franchised Marks; Intellectual Property
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Indemnification
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Governing Law Venue
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Term of Agreement
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Miscellaneous