Carrols LLC definition
Examples of Carrols LLC in a sentence
Carrols LLC, a Delaware limited liability company and a wholly-owned subsidiary of Carrols, shall be a Party to this Agreement with respect to any obligation of a CRG Party for reimbursement, indemnification and payment owed, accrued or required to be paid or reimbursed to a Fiesta Party pursuant to this Agreement.
CRG, Carrols and Carrols LLC shall not make, and shall not permit any member of the CRG Group to make, any claim or demand, or commence any Action asserting any claim or demand, including any claim of contribution or any indemnification, against Fiesta Restaurant Group or any member of the Fiesta Group, or any other Person released pursuant to Section 3.1(b), with respect to any Liabilities released pursuant to Section 3.1(b).
To the extent permitted by Law, the parties will treat any indemnity payment as a capital contribution made by CRG, Carrols or Carrols LLC to Fiesta Restaurant Group or as a distribution made by Fiesta Restaurant Group to CRG, Carrols or Carrols LLC, as the case may be, on the date recited above on which the parties entered into the Agreement.
The rights and obligations of each of CRG, Carrols or Carrols LLC and Fiesta Restaurant Group and their respective Indemnitees under this Article III shall survive the sale or other transfer by any party of any Assets or businesses or the assignment by it of any Liabilities.
Any notice shall be in writing and shall be delivered or sent by registered or certified mail postage fully prepaid or by national overnight courier service for overnight delivery, if to BKC to: Burger King Corporation, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, Attn: General Counsel, if to Carrols: Carrols, LLC, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, Syracuse, NY 13203, Attn: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, CEO.
CRG agrees not to amend the Voting Agreement dated as of July 27, 2011, by and among CRG, Jefferies Capital Partners IV L.P., a Delaware limited partnership, ▇▇▇▇▇▇▇▇▇ Employee Partners IV LLC, and JCP Partners IV LLC, a Delaware limited liability company without the prior written consent of Fiesta Restaurant Group except as contemplated by the Asset Purchase Agreement dated as of March 26, 2012 among CRG, Carrols LLC and Burger King Corporation.
The Company does not have any subsidiaries and does not own a material interest in or control, directly or indirectly, any other corporation, partnership, joint venture, association, trust or other business organization, other than Carrols Corporation and Carrols LLC.
Carrols LLC agrees to pay or reimburse Carrols for all costs and expenses reasonably incurred by Carrols in connection with the provision of the Services, including, without limitation, all payroll, benefits and legal, accounting and other third party costs and expenses incurred by Carrols.
Carrols LLC acknowledges that Carrols is not in the business of providing services such as the Services to third parties.
Carrols has agreed to continue to provide Carrols LLC with certain services on the terms set forth herein and pursuant to and in accordance with the terms and provisions of the Senior Credit Facility.