Permitted Changes. Franchisor may change the local, country, regional, continental or international scope of the Marketing Fund or the Marketing Fund Activities and discontinue any Marketing Fund Activities.
Appears in 2 contracts
Sources: Franchise Agreement (Moody National REIT II, Inc.), Franchise Agreement (Moody National REIT I, Inc.)
Permitted Changes. Franchisor may change the local, country, regional, continental or international scope of the Marketing Fund or the Marketing Fund Activities and discontinue any the Marketing Fund or the Marketing Fund Activities.
Appears in 1 contract
Permitted Changes. Franchisor may (i) change the local, country, regional, continental or international scope of the Marketing Fund or the Marketing Fund Activities and Activities; (ii) merge or operate the Marketing Fund together with marketing funds used to benefit other Franchisor Lodging Facilities; or (iii) discontinue any Marketing Fund Activities.
Appears in 1 contract
Sources: Franchise Agreement