New Restaurants definition

New Restaurants means (i) newly-constructed or acquired restaurants and (ii) each existing restaurant with respect to which the Issuer or any of its Restricted Subsidiaries has expended in aggregate more than $300,000 in capital expenditures during the period beginning on the date which is twelve months prior to the first date of the period for which EBITDA shall have been calculated in accordance with the determination of the Fixed Charge Coverage Ratio, Secured Leverage Ratio or Total Leverage Ratio as the case may be.
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New Restaurants means (i) newly constructed, acquired or equipped restaurants and (ii) existing restaurants which are undergoing or will undergo a substantial modernization.
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New Restaurants has the meaning set forth in Section 1.4(b)(i).
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Examples of New Restaurants in a sentence

  • Terms not otherwise defined in this Note shall have the meanings specified in the Procedures for Resolving Disputes Relating to the Development of New Restaurants (the “ADR Procedures”) promulgated by EPL.

  • Opening New Restaurants In Existing Markets And Aggressive Development Could Cannibalize Existing Sales And May Negatively Affect Sales At Existing Restaurants.The Company and Rapid Fired Franchising and/or Hot Head Franchising intend to continue opening new restaurants in existing markets.

  • Table of Contents New Restaurants Added to Our Existing Markets May Take Sales From Existing RestaurantsNew restaurants added to our existing markets, whether by us or others, may take sales away from our existing restaurants.

  • The terms under which Buyer will develop such New Restaurants will be set forth in a separate Development Agreement (the "Development Agreement").

  • Restaurant Openings New Restaurant Openings 18 to 22 Same-Restaurant Sales Total +3.0 to +3.5% Tax Rate Annual Effective Rate 23% to 25% Capital Expenditures ($ millions) Total $230 - $255 New Restaurants $85 Refresh/Maintenance/Other $145 - $170 Adjusted Earnings per Diluted Share1 Total $3.48 to $3.52 Growth2 36% to 38% 1 Excludes real estate implementation and debt retirement costs.

  • How New Restaurants Will Fit Into The Tasty Equity Business In addition to the four existing restaurants and the one originally scheduled to open in Fall of 2019 that was delayed due to the launch of our Offering and is now on hold with deposits outstanding until the COVID-19 related disrupted market conditions stabilize.

  • If at any time during the Term the Fountain Account opens or acquires additional Restaurants where post-mix products are or will be sold ("New Restaurants"), the Product will also be dispensed at such New Restaurants under the same terms, obligations and marketing plan of this Agreement.

  • Tenant shall select, in its sole discretion, which of the New Restaurants shall be utilized by Tenant as the Premises (as defined below).

  • The terms under which Buyer will operate the fifteen (15) Existing and New Restaurants (collectively referred to as the "Restaurants") will be set forth in separate Operating Agreements for each applicable restaurant (the "Operating Agreements").

  • Not later than May 1, 2005, Landlord shall provide Tenant with dimensioned preliminary site plans, elevations and sections concerning the Retail/Restaurant Space (collectively, the “Preliminary Site Plan”) which Preliminary Site Plan shall specify the locations, elevations, footprints and configurations of the New Restaurants.


More Definitions of New Restaurants

New Restaurants means, at any time, Boston Pizza Restaurants which are not included in the Royalty Pool at such time.
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Related to New Restaurants

  • Restaurant means a business location:

  • Communications Equipment means the communications equipment of the Licensee and its affiliates, including, without limitation, cabinets, racks, electronic equipment and other similar equipment.

  • Kiosk means a department in a RIME Store.

  • Business Centre means each of the places so specified in the relevant Pricing Supplement.

  • Gaming Facility means any gaming establishment and other property or assets directly ancillary thereto or used in connection therewith, including, without limitation, any casinos, hotels, resorts, race tracks, theaters, parking facilities, recreational vehicle parks, timeshare operations, retail shops, restaurants, other buildings, land, golf courses and other recreation and entertainment facilities, marinas, vessels, barges, ships and related equipment.