Remodel Restaurants definition

Remodel Restaurants means the Existing Developer Restaurants that Area Developer has remodeled or upgraded pursuant to Article IX, and a “Remodel Restaurant” means any of them.
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Remodel Restaurants has the meaning set forth in Article 7A(1);
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Remodel Restaurants means the Existing Developer Restaurants that Area Developer must remodel or upgrade pursuant to Article IX, and a “Remodel Restaurant” means any of them.
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Examples of Remodel Restaurants in a sentence

  • Of the total number of Remodel Restaurants, 253 are Company Outlets and 127 are Sub-franchised Outlets.

  • Of the Remodel Restaurants that are Company Outlets, 155 are ‘20/20 Image’ restaurants and 98 are ‘Americana Image’ restaurants.

  • Of the Remodel Restaurants that are Sub-franchised Outlets, 95 are ‘20/20 Image’ restaurants and 32 are ‘Americana Image’ restaurants.

  • Such Remodel Restaurants are designated accordingly on the Remodel Schedule.

  • For clarification purposes, the reductions from Base Fees set forth in Section 9.1 shall not be available for Remodel Restaurants which complete an upgrade only or for any Remodel that is Completed after December 31, 2020.

  • For clarification purposes, the reductions from Base Fees set forth in Section 9.5 shall not be available for Remodel Restaurants which complete an upgrade only.

  • Target for Development Year 1 and Development Year 2 shall include certain Remodel Restaurants that are on leases with BKC and would thus be eligible for capital contributions from BKC in lieu of the above incentives in accordance with the terms of the FDD and as set forth on the Remodel Schedule.