Ongoing Fee

Description

This AI field captures provisions relating to ongoing fees or royalties that a franchisee is required to pay the franchisor. It includes ongoing marketing fees, training fees, and any other recurring fees. It does not capture penalties such as late payment fees.

Jurisdiction

  • Canada
  • United Kingdom
  • United States (Colorado, Florida, Maryland, New York, Ohio, and Texas)

Document Types

  • 86% Governance Agt
  • 7% Other
  • 3% M&A Supplemental Agt
  • 2% Real Estate Agt
  • 2% Service Agt

Tags

  • Franchise Agreements

Language

  • 100% English