CONTINUING FEES. 4.1 On every Monday, or the first business day after a national holiday in weeks beginning with a national holiday, You will, with or without notice from FUA, pay FUA a royalty fee of 7% of Gross Sales, as defined below, for the previous week (Sunday through Saturday) at Your Unit (the “Royalty”). FUA will collect the Royalty by debiting Your corporate bank account for the amount based on Your daily reports of Gross Sales for the previous week. “
Appears in 3 contracts
Sources: Franchise Agreement (Famous Uncle Als Hot Dogs & Grille Inc), Franchise Agreement (Famous Uncle Als Hot Dogs & Grille Inc), Franchise Agreement (Famous Uncle Als Hot Dogs & Grille Inc)