Franchised Restaurants definition

Franchised Restaurants means a Branded Restaurant owned and operated by a Franchisee.

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Franchised Restaurants means, collectively, the Contributed Franchised Restaurants and the New Franchised Restaurants.

Franchised Restaurants means all restaurants, other than Company Restaurants, which, either as of the date of this Agreement or from time to time during the term of this Agreement, are licensed by the Company to offer to customers any of the Proprietary Products.

Examples of Franchised Restaurants in a sentence

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

• In the event of any bona fide dispute as to the liability for a tax assessed against it, Franchisee may contest the validity or the amount of the tax in accordance with the procedures of the taxing Authority; provided, however, that Franchisee shall not permit a tax sale or seizure against the Franchised Restaurants, Locations or equipment used in the Franchised Restaurants.

• Franchisee will as soon as practicable notify FRANCHISOR, and provide any details reasonably requested by FRANCHISOR, of any legal action taken, or circumstances which could in the opinion of Franchisee reasonably lead to legal action being taken against Franchisee, FRANCHISOR or its Affiliates, including by a customer or any regulatory Authority, and of any likely adverse publicity in relation to Franchisee or the Franchised Restaurants.

• Such material financial obligations include, but are not limited to, (a) payment of supplier and distributor invoices for the purchase of goods and services used in connection with the Franchised Restaurants; (b) monthly rent and other charges due to lessors of the Locations; and (c) debt service and other payments to Franchisee’s lenders.

• Only goods and services that meet FRANCHISOR’s then current Standards and are purchased from Approved Suppliers shall be used in the development, improvement or operation of the Franchised Restaurants.

More Definitions of Franchised Restaurants

Franchised Restaurants means the Burger King Restaurants operated by Franchisees pursuant to Franchise Agreements, and a “Franchised Restaurant” means any of them.

Franchised Restaurants means the Branded Restaurants that are subject to a Contributed Franchise Agreement or a New Franchise Agreement.

Franchised Restaurants means, collectively, the Popeyes Restaurants operated by Franchisees pursuant to Franchise Agreements. CERTAIN PORTIONS OF THE EXHIBIT THAT ARE NOT MATERIAL AND IS THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL HAVE BEEN REDACTED PURSUANT TO ITEM 601(b)(10)(iv) OF REGULATION S-K. [****] INDICATES THAT INFORMATION HAS BEEN REDACTED.

Franchised Restaurants means, collectively, the Original Closing Date Franchised Restaurants and the New Franchised Restaurants.

Franchised Restaurants means, collectively, all Branded Restaurants that are owned and operated by Franchisees that are unaffiliated with ▇▇▇▇ in the Box Inc. and its Affiliates pursuant to a Franchise Agreement.

Franchised Restaurants means such two hundred seventeen (217) Restaurants, collectively.

Franchised Restaurants means, collectively, the Popeyes Restaurants operated by Franchisees pursuant to Franchise Agreements.