- master franchise agreement
An agreement entered into by a franchisor who grants a "master franchisor" the right to grant sub-franchises within a territory.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Look at other dictionaries:
master development agreement — An agreement entered into by a franchisor and an operator where the operator is obliged to operate franchise outlets itself within a specified area and cannot sub franchise to third parties. Practical Law Dictionary. Glossary of UK, US and… … Law dictionary
master franchisee — Instead of granting franchises directly to franchisees, a franchisor may enter into a master franchise agreement with a master franchisee, under which the master franchisee is granted the exclusive right to appoint franchisees within a particular … Law dictionary
franchise — a business arrangement in which knowledge, expertise and often a trade mark or trade name are licensed to an operator, generally for an initial fee and a yearly payment. Glossary of Business Terms * * * ▪ I. franchise fran‧chise 1 [ˈfræntʆaɪz]… … Financial and business terms
franchise — Mktg an agreement enabling a third party to sell or provide products or services owned by a manufacturer or supplier. A franchise is granted by the manufacturer, or franchisor, to a franchisee, who then retails the product. The franchise is… … The ultimate business dictionary
Master Tara Singh — Malhotra (24 June, 1885, Rawalpindi, Punjab 22 November, 1967, Chandigarh) was a prominent Sikh political and religious leader in the first half of the 20th century. He was instrumental in organizing the Shiromani Gurdwara Prabhandak Committee,… … Wikipedia
A Nightmare on Elm Street (franchise) — On September 21, 1999, New Line Cinema released the first box set containing the entire series, which includes interviews with cast and crew members as well as multiple commentaries. A Nightma … Wikipedia
Ghostbusters (franchise) — Logo used by the Ghostbusters in the film Ghostbusters is a supernatural comedy multi media franchise created in 1984. Its inception was for the movie Ghostbusters, released on June 8, 1984 by Columbia Pictures. It centered around a group of… … Wikipedia
7-Eleven — For other uses, see 7 Eleven (disambiguation). 7 Eleven, Inc. Type Subsidiary Industry Retail (Convenience stores) Founded … Wikipedia
Rezidor Hotel Group — Infobox Company company company name = The Rezidor Hotel Group industry = Hotel company type = Public company foundation = 1960 location = Brussels, Belgium products = Temporary residence revenue = profit 29,000,000 euros (dated 30 September… … Wikipedia
Giant Tiger — Stores Limited Type Private Industry Retail Founded 1961 Headquarters Ottawa, Ontario … Wikipedia