Non-Operating Restaurants definition

Non-Operating Restaurants means those restaurant locations set forth on Schedule 1.01(i); provided that Schedule 1.01(i) may not be amended or modified in any way without the prior written consent of the Buyer.

Examples of Non-Operating Restaurants in a sentence

  • Estimated Closing Date Indebtedness shall be calculated in accordance with the definition thereof, and each of the Estimated Closing Date Cash Adjustment Amount and the Estimated Non-Operating Restaurants Sale Proceeds Adjustment Amount shall be calculated in accordance with the definitions thereof.

  • In the event any such notice of disagreement is timely provided, Buyer and Seller shall negotiate in good faith for a period of thirty (30) days (or such longer period as they may mutually agree) to resolve any disagreements with respect to the calculations of the Closing Date Indebtedness, the Closing Date Cash Adjustment Amount or the Buyer Non-Operating Restaurants Sale Proceeds Calculation.

  • In the event that Seller does not provide such a notice of disagreement within such thirty (30)-day period, Seller shall be deemed to have accepted the Closing Balance Sheet and the calculations of the Closing Date Indebtedness, the Closing Date Cash Adjustment Amount and the Buyer Non-Operating Restaurants Sale Proceeds Calculation delivered by Buyer, which shall be final, binding and conclusive for all purposes hereunder.