Branded Restaurants definition

Branded Restaurants means, as of any date of determination, any restaurant, whether or not such restaurant offers sit-down dining, operated under one of the Brands.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Branded Restaurants means, as of any date of determination, any restaurant, whether or not such restaurant offers sit-down dining, operated in the United States or internationally under the Wendy’s Brand.

Branded Restaurants means collectively the Franchised Restaurants and the Company Restaurants.

Examples of Branded Restaurants in a sentence

• The Manager shall not enter into any Sub-managing Arrangement which delegates the performance of any fundamental business operations such as responsibility for the franchise development, operations and marketing strategies for the Brands and Branded Restaurants to any Person that is not an Affiliate without receiving the prior written consent of the Control Party.

• The proceeds of the initial sale of gift cards sold at Branded Restaurants will be held in accounts in the name of selling Franchisee or Company Restaurant Guarantor, and the Manager may engage a third-party vendor to administer reimbursements of the applicable Franchisee or Company Restaurant Guarantor with respect to the redemption of gift cards sold at Branded Restaurants.

• The Manager shall not enter into any Sub-management Arrangement which delegates the performance of any fundamental business operations such as responsibility for the franchise development, operations and marketing strategies for Franchise Holder, Taco ▇▇▇▇ Franchisor, IP Holder and Branded Restaurants as a whole to any Person that is not an Affiliate without receiving the prior written consent of the Control Party.

• The Manager and each Sub-manager hereby grant Wingstop Franchisor and any Successor Manager a perpetual, non-exclusive, royalty-free, sublicensable, worldwide right and license to use any proprietary software controlled by the Manager or such Sub-manager, as applicable, for use in connection with operation of the Branded Restaurants.

• The Manager and each Sub-manager hereby grant IP Holder and any Successor Manager a perpetual, non- exclusive, royalty-free, sublicensable, worldwide right and license to use any proprietary software owned by the Manager or such Sub-manager, as applicable, for use in connection with operation of the Branded Restaurants.

• The Master Issuer shall not, and shall not permit any other Securitization Entity to, (i) acquire any fee interest in real property unrelated to the ownership and operation of Branded Restaurants or (ii) enter into any lease or invest in real property unrelated to the ownership and operation of Branded Restaurants.

• The Manager shall not enter into any Sub-managing Arrangement which delegates the performance of any fundamental business operations such as responsibility for the franchise development, operations and marketing strategies for the Wingstop Brand and Branded Restaurants to any Person that is not an Affiliate without receiving the prior written consent of the Control Party.

• The Manager and each Sub-manager hereby grant IP Holder and any Successor Manager (or any Interim Successor Manager, as the case may be) a perpetual, non- exclusive, royalty-free, sublicensable, worldwide right and license to use any proprietary software owned by the Manager or such Sub-manager, as applicable, for use in connection with operation of the Branded Restaurants.

More Definitions of Branded Restaurants

Branded Restaurants means, as of any date of determination, any restaurant, whether or not such restaurant offers sit-down dining, operated in the United States under the Applebee’s Brand or IHOP Brand.

Branded Restaurants means collectively, as of any date of determination, any restaurant operated under the Twin Peaks brand or Smokey Bones brand, including the Franchised Restaurants and the Company Restaurants.

Branded Restaurants means, as of any date of determination, all restaurants, whether or not such restaurants offer sit-down dining, operated in the United States under the ▇▇▇▇ in the Box Brand.

Branded Restaurants means, as of any date of determination, any restaurant, whether or not such restaurant offers sit-down dining, operated under the Dunkin’ Donuts Brand or ▇▇▇▇▇▇-▇▇▇▇▇▇▇ Brand.

Branded Restaurants means, as of any date of determination, all restaurants, whether or not such restaurants offer sit-down dining, operated in the United States under the Jack in the Box Brand.