New Franchised Restaurants definition
New Franchised Restaurants means the Branded Restaurants that are owned and operated by Franchisees pursuant to Franchise Agreements entered into by Taco ▇▇▇▇ Franchisor after the Closing Date.
New Franchised Restaurants means the Branded Restaurants opened after the Initial Closing Date that are owned and operated by a Franchisee that is unaffiliated with Wendy’s and its Affiliates.
New Franchised Restaurants means the Branded Restaurants opened after the Series 2014-1 Closing Date that are owned and operated by a Franchisee (or, in the case of a Branded Restaurant subject to an Area License Agreement, a sub-franchisee thereof) that is unaffiliated with Dine Brands Global, Inc. and its Affiliates; provided that references to the same as of any date of determination shall exclude any such assets disposed of in accordance with the Transaction Documents as in effect as of the time of such disposition.
More Definitions of New Franchised Restaurants
New Franchised Restaurants means Branded Restaurants that are owned and operated by Franchisees pursuant to a Franchise Agreement entered into by Wingstop Franchisor after the Closing Date.