Qualified Restaurant definition

Qualified Restaurant means, with respect to a given calendar month, a Participating RN Restaurant located in the United States that offered Upromise Member Incentives at least twelve (12) days during such calendar month.
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Qualified Restaurant. A “Qualified Restaurant” is a “Dunkin’ Donuts” or “Dunkin’ Donuts/Xxxxxx-Xxxxxxx” restaurant: (a) that is located in the Territory; (b) that has been open to serve the public for a full Fiscal Period prior to the Fiscal Period as to which any Revenue Sharing Payment is to be made; (c) that, as of the time a Revenue Sharing Payment is due to be made, is neither the subject of (i) a Notice To Cure that was issued by the Franchisor for a default under the Franchise Agreement for the restaurant and that is beyond any applicable cure period; nor (ii) a Notice of Termination issued by the Franchisor; and (d) as to which the Franchisee and all Franchisee Parties have signed and delivered to DBI a Participation Agreement. Term This Participation Agreement shall have a term of twenty (20) years from the date of DBI’s launch of K-Cups in the CPG program. DBI will meet with franchisee members of the BAC CPG sub-committee (a new sub-committee to be created with respect to the CPG Program) in the year 2030 to discuss the possibility of extending the Term of the revenue sharing arrangement that is the subject of this Participation Agreement, but DBI makes no commitment that it ultimately will extend the Term, or the terms on which it would be willing to do so. DBI’s contracts with its vendors may extend beyond the Term; however, the Revenue Sharing Payments that are described in this Participation Agreement shall be limited to the Term. Territory The fifty states of the United States, plus the District of Columbia.
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Qualified Restaurant means a restaurant, snack bar, café, bistro, delicatessen, catering facility, or other food service establishment that provides at least five menu items made from Permitted Products;
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Examples of Qualified Restaurant in a sentence

  • For purposes of calculating the 7,000 Qualified Restaurant minimum, any Qualified Restaurant with a Click Through Requirement that is consented to by Upromise in excess of the 5% permitted above shall be excluded from the calculation.

  • The name of the Fund that is regulated by these Rules is FONDO BURSÁTIL GLOBAL X COLOMBIA SELECT DE S&P and it will be an exchange-traded fund according to the provisions set out in Article 3.4.1.1.2 of Decree 2555, and whose purpose is to replicate or track the S&P Colombia Select Index by creating a portfolio consisting of some or all of the assets that for part of the Index from time to time.

  • Some of these incentives include: • § 168(e)(6), Qualified Improvement Property • Former § 168(e)(6), Qualified Leasehold Improvement Property • Former § 168(e)(7), Qualified Restaurant Property • Former § 168(e)(8), Qualified Retail Improvement Property • Former § 1400L, Tax Benefits for New York Liberty Zone • Former § 1400N, Tax Benefits for Gulf Opportunity Zone The requirements and restrictions for using the above incentives can be complex.

  • We made the following updates to the Audit Advisor:• Check for the increased Section 179 limits as stated above.• Extend the check for Qualified Restaurant, Leasehold, and Retail Improvement Property.• Added a new check for assets that claimed a 50% 168 Allowance when they are eligible to take the increased 100% depreciation allowance.• Added a new check for real property that may be qualified for the Section 179 expense deduction.

  • Qualified Leasehold Improvements, Qualified Retail Improvements, and Qualified Restaurant Property are all replaced with Qualified Improvement Property (QIP).• Structural items like interior supporting framing, escalators, and elevators are not included in QIP.

  • The Franchise Agreement is the underlying franchise agreement for the Qualified Restaurant between you and DBI’s affiliate (Dunkin’ Donuts Franchising LLC).

  • Landlord shall be entitled to unreasonably withhold its consent to the sublease or assignment of the Leased Premises to a Qualified Restaurant provided it releases, in writing, Guarantor from Guarantor’s liability on the Guaranty.

  • The City’s intended Strategic Partnership Establishment Schedule is included in Appendix 2.

Related to Qualified Restaurant

  • Restaurant means a business location:

  • Qualified building means a building built at least 30 years before the date of application, located within a designated downtown or, village center, or neighborhood development area, which, upon completion of the project supported by the tax credit, will be an income-producing building not used solely as a single-family residence. Churches and other buildings owned by religious organization may be qualified buildings, but in no event shall tax credits be used for religious worship.

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • Qualified REIT Subsidiary means any Subsidiary of the General Partner that is a “qualified REIT subsidiary” within the meaning of Section 856(i) of the Code.

  • Qualified Reservist Distribution means a distribution (i) from an IRA or elective deferrals under a section 401(k) or 403(b) plan, or a similar arrangement, (ii) to an individual ordered or called to active duty after September 11, 2001 (because he or she is a member of a reserve component) for a period of more than 179 days or for an indefinite period, and (iii) made during the period beginning on the date of the order or call and ending at the close of the active duty period.

  • Qualified User means a person (e.g., employee, consultant, contingent staff) who: (1) is a user of a Qualified Device, or (2) accesses any server software requiring an Enterprise Product Client Access License or any Enterprise Online Service. It does not include a person who accesses server software or an Online Service solely under a License identified in the Qualified User exemptions in the Product Terms.

  • Qualified buildings means construction of new structures,

  • Qualified Nurse means a person who holds a valid registration from the Nursing Council of India or the Nursing Council of any state in India.

  • Restaurants means a business that prepares and serves food and drinks to customers.

  • Qualified Census Tract means any Census tract which is designated by the Secretary of Housing and Urban Development as having 50 percent or more of the households at an income level which is less than 60 percent of the Area Gross Median Income in accordance with Section 42(d)(5) of the Code.

  • Qualified business facility means any building, complex of

  • Qualified Ground Lease means each of the ground leases or ground subleases set forth on Schedule 1.01(d) hereto and for a Future Property means any ground lease (a) which is a direct ground lease or ground sublease granted by the fee owner of real property or a master ground lessee from such fee owner, (b) which may be transferred and/or assigned without the consent of the lessor (or as to which the lease expressly provides that (i) such lease may be transferred and/or assigned with the consent of the lessor and (ii) such consent shall not be unreasonably withheld or delayed) or subject to certain reasonable pre‑defined requirements, (c) which has a remaining term (including any renewal terms exercisable at the sole option of the lessee) of at least twenty (20) years, (d) under which no material default has occurred and is continuing, (e) with respect to which a Lien may be granted without the consent of the lessor (but subject to customary requirements regarding the nature of the holder of such Lien and prior notice to the lessor), (f) which contains customary and reasonable lender protection provisions, including, without limitation, provisions to the effect that (i) the lessor shall notify any holder of a Lien in such lease of the occurrence of any default by the lessee under such lease and shall afford such holder the option to cure such default, and (ii) in the event that such lease is terminated, such holder shall have the option to enter into a new lease having terms substantially identical to those contained in the terminated lease and (g) which otherwise contains no non-customary terms that are material and adverse to the lessee.

  • Unencumbered Total Asset Value as of any date means the sum of (1) those Undepreciated Real Estate Assets not encumbered by any mortgage, lien, charge, pledge or security interest and (2) all of Issuer’s and its Subsidiaries’ other assets on a consolidated basis determined in accordance with generally accepted accounting principles (but excluding intangibles), in each case which are unencumbered by any mortgage, lien, charge, pledge or security interest; provided, however, that, in determining Unencumbered Total Asset Value for purposes of Section 4.09(d) hereof, all investments by the Issuer and any of its Subsidiaries in unconsolidated joint ventures, unconsolidated limited partnerships, unconsolidated limited liability companies and other unconsolidated entities accounted for financial reporting purposes using the equity method of accounting in accordance with generally accepted accounting principles shall be excluded from Unencumbered Total Asset Value.

  • Unencumbered Asset Value means, at any time for the Consolidated Group, without duplication, the sum of the following: (a) an amount equal to (i) Unencumbered NOI from all Unencumbered Properties (other than Non-Stabilized Properties and acquisition properties described in clause (b) below) that have been owned by the Consolidated Group for four full fiscal quarter periods or longer (which amount for each individual Unencumbered Property as well as the aggregate amount for all Unencumbered Properties shall not be less than zero) divided by (ii) the Capitalization Rate, plus (b) the aggregate acquisition cost of all Unencumbered Properties acquired during the then most recently ended four fiscal quarter period, plus (c) the undepreciated book value of Unencumbered Properties that are Non-Stabilized Properties; provided that if the Unencumbered Asset Value attributable to Non-Stabilized Properties accounts for more than 15% of Unencumbered Asset Value, the amount of undepreciated book value of such Non-Stabilized Properties that exceeds such limit shall be deducted from Unencumbered Asset Value, plus (d) cash from like-kind exchanges on deposit with a qualified intermediary (“1031 proceeds”), plus (e) the value of Mezzanine Debt Investments and Mortgage Receivables owned by the Consolidated Group that are not more than ninety (90) days past due determined in accordance with GAAP, in each case that are not subject to a Lien or Negative Pledge; provided that if the Unencumbered Asset Value attributable to Mezzanine Debt Investments and Mortgage Receivables accounts for more than 10% of Unencumbered Asset Value, the amount of Mezzanine Debt Investments and Mortgage Receivables that exceeds such limit shall be deducted from Unencumbered Asset Value, plus (f) the undepreciated book value of all Unimproved Land and Construction in Progress owned by the Consolidated Group to the extent any such assets are not subject to a Lien or Negative Pledge, plus (g) Balance Sheet Cash; provided that, to the extent that Unencumbered Asset Value attributable to investments in Mezzanine Debt Investments, Mortgage Receivables, 1031 proceeds, Unimproved Land, and Construction in Progress account for more than 25% of Unencumbered Asset Value, in the aggregate, the amount that exceeds such limit shall be deducted from Unencumbered Asset Value. For clarification purposes, in determining whether clause (a) or clause (b) above applies, the date a Property will be deemed to have been acquired is the date it was acquired by the Consolidated Group or any prior Affiliate of the Consolidated Group.

  • Mixed beverage or "mixed alcoholic beverage" means a drink composed in whole or in part of

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Qualified project means the construction or expansion of any capital project of the Borrower or any of its Restricted Subsidiaries, the aggregate actual or budgeted capital cost of which (in each case, including capital costs expended by the Borrower or any such Restricted Subsidiaries prior to the construction or expansion of such project) exceeds $50,000,000.

  • Eligible project means 1 or more of the following projects of a local unit that have been approved by the director and the state treasurer, including costs associated with a project necessary for issuance of evidences of indebtedness to finance the project:

  • Qualified relative for purposes of item 5, means a spouse, parent, stepparent, brother, sister, stepbrother, stepsister, half-brother, half-sister, uncle, aunt, niece, nephew, first cousin, or any person denoted by the prefix "grand" or "great," or the spouse of any of the persons specified in this definition, even after the marriage has been terminated by death or dissolution.

  • Malt beverage or "malt liquor" means any beverage such as

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Qualified GIC A guaranteed investment contract or surety bond providing for the investment of funds in the Custodial Account and insuring a minimum, fixed or floating rate of return on investments of such funds, which contract or surety bond shall:

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • Significant Asset Sale means each Asset Sale which generates Net Sale Proceeds of at least $10,000,000.