Common use of Right of Grantor to Issue and Renew Franchise Clause in Contracts

Right of Grantor to Issue and Renew Franchise. Grantee acknowledges and accepts the present right of Grantor to issue and/or renew a Franchise and Grantee agrees it shall not now or at any time hereafter challenge any lawful exercise of this right in any local, State or Federal court. This is not, however, a waiver of any constitutional or legal right or privilege on the part of the Grantee.

Right of Grantor to Issue and Renew Franchise. Grantee ▇▇▇▇▇▇▇ acknowledges and accepts the present right of Grantor to issue and/or renew a Franchise Agreement and Grantee agrees it shall not now or at any time hereafter challenge any lawful exercise of this right in any local, State or Federal court. This is not, however, a waiver of any constitutional or legal right or privilege on the part of the Grantee.

Right of Grantor to Issue and Renew Franchise. Grantee acknowledges and accepts the present right of Grantor to issue and/or renew a Franchise Agreement and Grantee agrees it shall not now or at any time hereafter challenge any lawful exercise of this right in any local, State or Federal court. This is not, however, a waiver of any constitutional or legal right or privilege on the part of the Grantee.