Restaurant Chains definition

Restaurant Chains means the national and regional restaurant chains, primarily fast-food, family-style, and casual dining chains who themselves or through their franchisees will either (i) lease the Properties purchased by the Company or (ii) become lessees of Secured Equipment Leases.
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Restaurant Chains means the national and regional restaurant chains, primarily fast-food, family-style, and casual-dining chains, to be selected by the Advisor, and who themselves or their franchisees will either (i) lease Properties purchased by the Company, (ii) become borrowers under Mortgage Loans or (iii) become lessees or borrowers of Secured Equipment Leases.
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Examples of Restaurant Chains in a sentence

  • To engage in the business of offering furniture, fixture, and equipment financing to the operators of Restaurant Chains, provided, however, that the Company shall use its best efforts to ensure that the total value of Secured Equipment Leases, in the aggregate will not exceed 25% of the Company's total assets and that Secured Equipment Leases to a single lessee, in the aggregate, will not exceed 5% of the Company's total assets.

  • The Company may invest in Properties including, but not limited to, Properties to be leased to operators of Restaurant Chains and Hotel Chains in various locations across the United States.

  • The Company may offer Secured Equipment Leases to operators of Restaurant Chains and Hotel Chains provided that a majority of Directors (including a majority of Independent Directors) approve the Secured Equipment Leases as being fair, competitive and commercially reasonable.

  • To engage in the business of offering furniture, fixture, and equipment financing to the operators of Restaurant Chains and other businesses, provided, however, that the Company shall use its best efforts to ensure that the total value of Secured Equipment Leases, in the aggregate will not exceed 25% of the Company's total assets and that Secured Equipment Leases to a single lessee or borrower, in the aggregate, will not exceed 5% of the Company's total assets.

  • The furniture, fixtures and equipment used at Restaurant Chains and Hotel Chains.

  • Furthermore, without Upromise’s prior written consent, RN shall not permit (1) any Prohibited Restaurant Chains to be a Participating RN Restaurant, or (2) more than five percent (5%) of Qualified Restaurants to have a Click Through Requirement.

  • The Company may offer Secured Equipment Leases to operators of Restaurant Chains provided that a majority of Directors (including a majority of Independent Directors) approve the Secured Equipment Leases as being fair, competitive and commercially reasonable.

  • Any failure of these lessees or Restaurant Chains could materially affect the Partnership's income.

  • In addition, five Restaurant Chains, Golden Corral Family Steakhouse Restaurants, Denny's, KFC, Popeyes Famous Fried Chicken Restaurants and Wendy's Old Fashioned Hamburger Restaurants, each Results of Operations - Continued accounted for more than ten percent of the Partnership's total rental income during the quarter ended March 31, 1997 (including the Partnership's share of the rental income from three Properties owned by joint ventures and one Property owned with an affiliate as tenants-in-common).

  • During the remainder of 1997 and subsequent years, it is anticipated that these five Restaurant Chains each will continue to account for more than ten percent of the total rental income to which the Partnership is entitled under the terms of its leases.

Related to Restaurant Chains

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

  • Restaurant means a business location:

  • Stores means the goods specified in the Supply Order or schedule which the supplier / contractor has agreed to supply under contract.

  • Casino means a casino as defined in section 1 of the KwaZulu-Natal Gaming and Betting Act, 2010 (Act No. 8 of 2010);

  • Alcoholic beverages means beverages that are suitable for human consumption and contain one-half of one percent or more of alcohol by volume.

  • Garage shall have the meaning ascribed to it in Recital H;

  • Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.

  • Kitchen means a food preparation area that includes a sink, refrigerator and a microwave oven or stove.

  • Franchise Area means the area within the jurisdictional boundaries of the City, including any areas annexed by the City during the term of this Franchise.

  • Playground means a public outdoor recreation area for children, usually equipped with swings, slides, and other playground equipment, owned and/or managed by a city, county, state, or federal government.

  • Signage means advertising displays, hoardings, Glow signs, neon signs, LED signs, LCD signs, any digital signs, any sort of display intended to convey information and described in the schedule.

  • Cemetery means 1 or a combination of more than 1 of the following: