Common use of Financing Arrangement Clause in Contracts

Financing Arrangement. V2K may enter into an arrangement with an unaffiliated third party to provide financing of purchases made by customers of V2K Franchisees. If so, and if Franchisee chooses to participate in the program, Royalty Fees will be deducted by V2K from the payments to Franchisee resulting from the third party financing of those purchases. Franchisee is responsible for paying any Royalty Fees owed to V2K that are not covered by these deductions.