Examples of Concept Restaurants in a sentence
The goal for the Shoney's Concept Restaurants shall be to have a percentage of Black employees in the assistant manager position of at least the percentage set forth below at the end of the specified Fiscal Year:Fiscal Year Percentage1994 19%1995 20%1998 and each Fiscal Year thereafter duringthe term of the Decree 22% 4.
The CKR Companies shall use those standards that they reasonably deem appropriate for the selection of Franchisees to operate Dual Concept Restaurants, which may include requirements that a Franchisee be in good standing and be operationally and financially capable of operating a Dual Concept Restaurant.
The provisions of this Agreement also shall apply to the Dual Concept Restaurants operated and subfranchised by CKE that are in existence as of the date of this Agreement.
For purposes of this section, "Competing Business" means a casual dining restaurant business offering the same or similar products and services as offered by Concept Restaurants or restaurants in any other system owned, operated, franchised or licensed by RTI or any affiliate including, without limitation, varied menu (to include, without limitation, any combination of soups, sandwiches, chicken, ethnic cuisine, health/fitness oriented dishes), waiter/waitress service, sit-down dining and bar services.
A term sheet has been executed for the sale of the property to Carruth Capital, LLC, and for a leaseback of the third floor of the facility to Lumber for up to three years.
The CKR Companies shall use their best efforts to offer Franchisees the opportunity to operate Dual Concept Restaurants.
The parties agree to work together with respect to the purchase of all items used by Dual Concept Restaurants and restaurants operated and franchised by GBGF in order to realize the best available pricing from suppliers.
The CKR Companies may avoid termination of the right to develop (and the right to subfranchise the development of) additional Dual Concept Restaurants by paying GBGF the initial fee specified in Section III.2.A. for each Dual Concept Restaurant the CKR Companies were required to develop, but failed to develop, in that calendar year.
Accordingly, the parties are entering into this Agreement to terminate all prior agreements between or among them pertaining to the development, operation or subfranchising of Dual Concept Restaurants by the CKR Companies and replace those prior agreements with this Agreement and to assign to CKE certain of the GB Franchise Agreements.
ROYALTY FEES For all Franchised Dual Concept Restaurants, the CKR Companies shall pay GBGF, beginning as of the Effective Date, 40% of all royalty fees a Franchisee is required to pay the CKR Companies under his franchise or license agreement relating to the Gross Sales of GB Food Products.