step-in right

4. Franchisor Step-in Right

As a Franchisor, it would always be our goal to assist any of our Franchisees who are experiencing problems, be they financial, technical, or managerial, and to resolve these long before any step-in right becomes necessary. The Franchisor’s step-in right is a protective right giving the Franchisor authority when the Franchisee is in breach of contract or in the process of going insolvent. The right is...

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