Examples of Boston Pizza in a sentence
Distribution Income is income received by the Fund from the Fund’s indirect investment in Boston Pizza Canada Limited Partnership completed in May 2015.
Before making adjustments, the contracting officer should consider how large a deviation is acceptable at the time of the mile- stone.
The Fund was originally created to acquire, indirectly through Royalties LP, the Canadian trademarks owned by Boston Pizza International Inc.
Seasonal factors, such as tourism and better weather generally allow Boston Pizza Restaurants to open their patios and generally increase Franchise Sales in the second and third quarters each year compared to the first and fourth quarters.
The Fund believes that SRS provides investors useful information regarding the change in gross sales of Boston Pizza Restaurants.
The estimated net franchise sales from the two new Boston Pizza Restaurants less the eleven Boston Pizza Restaurants that permanently closed is negative $15.2 million.
The purpose of these contractual rights are to protect the Fund’s sources of revenue, which are dependent on (a) the protection of the intellectual property assets of LP; (b) BPI’s ability to pay the royalty; and (c) Boston Pizza Canada Limited Partnership’s ability to pay distributions.
Although many of the administrative and management duties of the Trustees have been delegated to Boston Pizza Royalties Limited Partnership (“LP”), as Administrator to the Fund, the Trustees remain responsible for supervising and directing the performance of such duties by Boston Pizza GP Inc.
Seasonal factors such as tourism and better weather allow Boston Pizza Restaurants to open their patios and generally increase franchise sales in the second and third quarters compared to the first and fourth quarters.
Exercise diligence, care, prudence and common sense, keep informed of the policies, business and affairs of the Fund and Boston Pizza International Inc.