Common use of Payment of Amounts Owed Clause in Contracts

Payment of Amounts Owed. Upon expiration of this Agreement or termination for any reason, and regardless of any other provision of this Agreement, all amounts owed to Franchisor or Franchisor's Affiliates, including but not limited to amounts pursuant to this Agreement, and interest due on any of these amounts shall be immediately due and payable.

Appears in 2 contracts

Sources: Franchise Agreement (Remedytemp Inc), Franchise Agreement (Remedytemp Inc)

Payment of Amounts Owed. Upon expiration of this Agreement or termination for any reason, and regardless of any other provision of this Agreement, all amounts owed to Franchisor or Franchisor's Affiliates, including but not limited to amounts owed pursuant to this Agreement, and interest due on any of these amounts shall be immediately due and payable. Franchisee also shall assist Franchisor with the collection of all accounts receivable due to Franchisor from the operation of the Franchised Business.

Appears in 1 contract

Sources: Franchise Agreement (Remedytemp Inc)