Common use of Protected Area Clause in Contracts

Protected Area. During the Term, and provided that Franchisee is not in default of this Agreement or any other agreement between Franchisor, its affiliates, and Franchisee, Franchisor shall not own, operate, sell, or issue a franchise for any other Fiesta business within an area designated on Exhibit B attached to this Agreement (the ʺProtected Areaʺ). Except as provided in this Section 1.4, Franchisee shall have no territorial or protective rights, and Franchisor shall have the right to place a Fiesta business anywhere it desires. In addition, Franchisor and its affiliates retain the right, among others, in any manner and on any terms and conditions that Franchisor deems advisable, and without granting Franchisee any rights therein:

Appears in 2 contracts

Sources: Franchise Agreement, Franchise Agreement