may require, as if such word had been fully and properly written in the appropriate number and gender. The term Franchisee as used herein is applicable to one or more persons, a corporation or a partnership, as the case may be. If two or more persons are at any time Franchisee hereunder, their obligations and liabilities to Pretzel Time shall be joint and several. References to Franchisee and assignee which are applicable to an individual or individuals shall mean the Owners of Franchisee or the assignee, if the Franchisee or the assignee is a corporation nor partnership. 25.C. COUNTERPARTS. This Agreement may be executed in one or more counterparts, any and all of which shall constitute one and the same instrument. 25.D. REASONABLENESS. Pretzel Time and Franchisee agree to act reasonably in all dealings with each other pursuant to this Agreement. Whenever the consent or approval of either party is required or contemplated, the party whose consent is required agrees not to unreasonably withhold the same, unless such consent is expressly subject to such party's sole discretion pursuant to the terms of this Agreement. In no event shall Pretzel Time's withholding of consent allow Franchisee a claim for money damages. 26. SECURITY AGREEMENT. 26.A. SECURITY INTEREST. In order to secure full and prompt payment of the fees and other charges to be paid by Franchisee to Pretzel Time, and to secure performance of the other obligations and covenants to be performed by Franchisee, under this Agreement, Franchisee hereby grants Pretzel Time a valid and effectual security interest in, lien upon, and right of set off against all of Franchisee's interest in the improvements, fixtures, inventory, goods, appliances and equipment now or hereafter owned and located at the Unit (whether annexed to the Premises or not) or used in connection with