Common use of Not Renewable Clause in Contracts

Not Renewable. This Agreement and the rights granted by this Agreement are not renewable and Franchisee has no expectation of any right to extend the Term.

Appears in 4 contracts

Sources: Franchise Agreement (American Realty Capital Hospitality Trust, Inc.), Franchise Agreement (American Realty Capital Hospitality Trust, Inc.), Franchise Agreement (Apple REIT Ten, Inc.)