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

Right of Grantor to Issue and Renew Franchise. Grantee expressly acknowledges the right and authority of Grantor to issue and renew the franchise.

Right of Grantor to Issue and Renew Franchise. Grantee expressly acknowledges the right and authority of Grantor to issue and renew the franchise, and Grantee agrees it will not hereafter challenge Grantor’s exercise of that right and authority in any court of competent jurisdiction, or otherwise.