Four Wall Deal definition

Four Wall Deal means, a bona fide transaction entered into in good faith (and not as a subterfuge to avoid payment of Percentage Rent) where an unaffiliated third party is permitted to use the Premises or one or more auditoria therein on a limited engagement basis either for a fixed fee or where (as in so-called “90-10” transactions) Tenant retains only a specified percentage of ticket revenues and a third-party is entitled to the balance of the ticket revenues.
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Four Wall Deal means any bona fide use of the Premises by a third party that is not an Affiliate of Tenant for attractions, events or as a meeting, lecture or convention hall for religious, civic, private, public or education purposes, provided such party contracts for the use of the Premises and such contract for use is for a limited duration). Tenant shall not use the Four-Wall Deal Exclusions as a means to minimize Percentage Rent.
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Related to Four Wall Deal

  • Check 21 means the Check Clearing for the 21st Century Act.

  • Loose-fitting facepiece means a respiratory inlet covering that is designed to form a partial seal with the face.

  • Family day home means a child day program offered in the residence of the provider or the home of any of the children in care for one through 12 children under the age of 13, exclusive of the provider's own children and any children who reside in the home, when at least one child receives care for compensation. The provider of a licensed or registered family day home shall disclose to the parents or guardians of children in their care the percentage of time per week that persons other than the provider will care for the children. Family day homes serving five through 12 children, exclusive of the provider's own children and any children who reside in the home, shall be licensed. However, no family day home shall care for more than four children under the age of two, including the provider's own children and any children who reside in the home, unless the family day home is licensed or voluntarily registered. However, a family day home where the children in care are all related to the provider by blood or marriage shall not be required to be licensed.

  • private dwelling means any part of a structure that is occupied as a residence, or any part of a structure or outdoor living area that is accessory to, and used wholly for the purposes of, a residence;

  • Historically black college or university means an institution determined by the Secretary of Education to meet the requirements of 34 CFR 608.2.