New Operating Units means Restaurants owned and operated by the Borrower or any of its Subsidiaries whose ownership or operation by the Borrower or any of its Subsidiaries started on a date after the Original Closing Date.
New Operating Units means any business owned or operated by any Credit Party or any of its Subsidiaries whose ownership or operation by any Credit Party or any of its Subsidiaries started on a date after the Closing Date.
New Operating Units means Restaurants, the ownership or operation of which started on a date after the Original Closing Date.
Examples of New Operating Units in a sentence
All restaurants operated by the Borrower or any of its Subsidiaries, which for avoidance of doubt, shall include all New Operating Units.
All restaurants operated by the Borrowers or any of their Subsidiaries, which for avoidance of doubt, shall include all New Operating Units.
More Definitions of New Operating Units
New Operating Units means Units whose ownership or operation by the Borrower or any of its Subsidiaries started on a date after March 30, 2016.
New Operating Units means Units whose ownership or operation by the Borrower or any of its Subsidiaries started on a date after July 1, 2014.
New Operating Units means restaurants owned or operated by the Borrower or any of its Subsidiaries or franchisees whose ownership or operation by the Borrower or any of its Subsidiaries or franchises started on a date after the Closing Date or restaurants acquired by the Borrower or any of its Subsidiaries or franchises pursuant to a Permitted Acquisition.
New Operating Units means Units whose ownership or operation by the Borrower or any of its Subsidiaries started on a date after December 26, 2006.
New Operating Units means Units whose ownership or operation by the Borrower or any of its Subsidiaries started on a date after the Closing Date.
New Operating Units means Unit Locations acquired after the Closing Date.
New Operating Units means restaurants owned or operated by the Company or any of its Restricted Subsidiaries or franchisees whose ownership or operation by the Company or any of its Restricted Subsidiaries or franchises started on a date after the Issue Date or restaurants acquired by the Company or any of its Restricted Subsidiaries following the Issue Date.