GAC Franchise

GAC Franchise. Means the grant by GACCF or NexCen or their respective Affiliate, as applicable, to a franchisee of the rights to establish and operate a location using the GAC Brands or outlet thereof including subfranchise agreements, master development agreements, area representative agreements, area development agreements, master franchise agreements, development agreements, license agreements, and any other similar agreements, together with all ancillary agreements related thereto.