Acquired Restaurants definition

Acquired Restaurants means any Franchised Restaurants in the Territory purchased or otherwise acquired from Franchisees by Area Developer or any of its Affiliates after the Commencement Date.
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Acquired Restaurants means any Franchised Restaurants in the Territory purchased or otherwise acquired
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Acquired Restaurants. The seven (7) Ruby Tuesday restaurants currently owned by RTI and being purchased by the Company pursuant to the Purchase Agreement.
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Examples of Acquired Restaurants in a sentence

  • The financial results of the 15 restaurants whose assets were acquired on June 18, 2007 and the consolidated managed restaurant (2007 Acquired Restaurants) have been reflected in the Company’s financial results beginning June 18, 2007.

  • For the avoidance of doubt, no amount of the Prepaid Franchise Fees shall be applied to the payment of franchise fees due for Acquired Restaurants.

  • Although not yet finalized, I understand that the transactions contemplated by the Credit Bid APA are intended to result in the continued operation by the proposed purchasers of a significant portion of the KSF Group's restaurant portfolio (the “ Acquired Restaurants”) and continued employment for certain of the KSF Group’s employees, including certain employees employed (whether furloughed or not) at the Acquired Restaurants and in the KSF Group’s back office.

  • Total Revenues Sixteen Weeks Ended (In thousands, except percentages) (1) 2008 Acquired Restaurants refers to 15 franchised Red Robin® restaurants we acquired during fiscal year 2008.

  • The following Developer Restaurants shall not count towards fulfillment of Area Developer’s obligations under the Development Schedule: (a) the Existing Developer Restaurants, (b) any Acquired Restaurants, and (c) any New Developer Restaurants opened by Area Developer without first obtaining the approvals from BKC required under Article VI of this Agreement.

  • The Credit Bid APA development process also involves discussions with certain of the KSF Group’s stakeholders, including its landlords, aimed at promoting the long-term viability of the Acquired Restaurants, for the benefit of the broader stakeholders in the KSF Group's business, including its employees.

  • Councilman Kelley made a recommendation to forward the resolutions to the regular meeting, seconded by Councilman Markins.

  • The Developer Restaurants (including each of the Existing DeveloperRestaurants, New Developer Restaurants and Acquired Restaurants) shall participate in the fundraising and charitable efforts of the BK McLamore Foundation.

  • For the fiscal first quarter of 2009, the Company’s franchise system reported a decrease in total U.S. franchise restaurant sales of 10.2% to $95.0 million, compared to $105.9 million in the prior year period, due primarily to $13.3 million of fiscal first quarter 2008 revenue from the 2008 Acquired Restaurants.

  • For the avoidance of doubt, any Franchised Restaurants purchased or otherwise acquired by Master Franchisee or any of its Affiliates (the “ Acquired Restaurants”) shall not be included for purposes of determining Master Franchisee’s compliance with the Targets set forth in the Development Schedule; provided, however, that such Acquired Restaurants shall be counted as Direct-Owned Restaurants for purposes of satisfying the Direct-Owned Restaurant Limitation.


More Definitions of Acquired Restaurants

Acquired Restaurants means the Restaurants relating to the Acquired Operations acquired by Buyer pursuant to the terms of this Agreement.
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Related to Acquired Restaurants

  • Restaurants means a business that prepares and serves food and drinks to customers.

  • Restaurant means a business location:

  • Retail marijuana store means an entity licensed to purchase Retail Marijuana from a Retail Marijuana Cultivation Facility and to purchase Retail Marijuana Product from a Retail Marijuana Products Manufacturing Facility and to sell Retail Marijuana and Retail Marijuana Product to consumers.

  • Stand Alone System Upgrade Facilities means System Upgrade Facilities that a Developer may construct without affecting day-to-day operations of the New York State Transmission System during their construction. NYISO, the Connecting Transmission Owner and the Developer must agree as to what constitutes Stand Alone System Upgrade Facilities and identify them in Appendix A to this Agreement.

  • Hotel Site means the real property on which the Hotel is located or to be located, as approved by us.

  • Retail outlet means any establishment at which consumer products are sold, supplied, or offered for sale directly to consumers.

  • Retail Store – means any business facility that sells goods directly to the consumer whether for or not-for-profit, including, but not limited to, retail stores, restaurants, pharmacies, convenience and grocery stores, liquor stores, as well as seasonal and temporary businesses.

  • Supermarket means any full-line retail grocery store that enables customers to purchase substantially all of their weekly food and grocery shopping requirements in a single shopping visit with substantial offerings in each of the following product categories: bread and baked goods; dairy products; refrigerated food and beverage products; frozen food and beverage products; fresh and prepared meats and poultry; fresh fruits and vegetables; shelf- stable food and beverage products, including canned, jarred, bottled, boxed, and other types of packaged products; staple foodstuffs, which may include salt, sugar, flour, sauces, spices, coffee, tea, and other staples; other grocery products, including nonfood items such as soaps, detergents, paper goods, other household products, and health and beauty aids; pharmaceutical products and pharmacy services (where provided); and, to the extent permitted by law, wine, beer, and/or distilled spirits.

  • Resort Site means those parts of Burswood Island as are‑

  • Retail food establishment means an operation that sells or offers to sell food directly to a consumer. Retail food establishment includes both a retail grocery and a food service establishment but does not include a food processing plant.

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

  • Sites means the area(s) upon or in which the construction work is carried on, and such other areas adjacent thereto as may be designated by the Commissioner.

  • Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.

  • Campsite means any place where any bedding, sleeping bag, or other material used for bedding purposes, or any stove or fire is placed, established or maintained for the purpose of maintaining a temporary place to live, whether or not such place incorporates the use of any tent, lean-to, shack, or any other structure, or any vehicle or part thereof.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Field emission equipment means equipment which uses an x-ray tube in which electron emission from the cathode is due solely to the action of an electric field.

  • operating site means a site, other than an aerodrome, selected by the operator or pilot-in-command or commander for landing, take-off and/or external load operations;

  • Market Area means: (1) New York County, New York, and (3) any geographic area in which the Company is conducting any material amount publishing or development of technology during the Term, and for which he has material responsibilities or about which he has material Confidential Information; and

  • Marijuana testing facility means an entity licensed to analyze and certify the safety and potency of marijuana.

  • Generating Facilities means Interconnection Customer’s device for the production and/or storage for later injection of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities. Generation Interconnection Customer:

  • business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.

  • Public facilities means amenities that are—

  • Transient guest means a natural person staying less than 30 consecutive days.

  • Gaming Facility means any gaming or parimutuel wagering establishment and other property or assets directly ancillary thereto or directly used in connection therewith, including any building, restaurant, hotel, theater, parking facilities, retail shops, land, and other recreation and entertainment facilities and equipment, owned or operated by the Company or its Subsidiaries.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • Retail tobacco store means a retail store utilized primarily for the sale of tobacco products and accessories and in which the sale of other products is merely incidental.