Restaurant Concept definition

Restaurant Concept. With respect to any properties operated within the Restaurants Business Sector, any chain of properties that share substantially the same characteristics.
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Restaurant Concept. With respect to any properties operated within the Restaurants Business Sector, any chain of properties that share substantially the same characteristics. “S&P ”: Standard & Poor’s Rating Services, a division of The ▇▇▇▇▇▇-▇▇▇▇ Companies, Inc. “Series ”: As defined in the Indenture. “Series 2014-1 Supplement ”: The Series 2014-1 Supplement to the Indenture, dated as of the date hereof, among the Issuers and the Indenture Trustee, as amended, supplemented or modified from time to time. “Series 2017-1 Supplement ”: The Series 2017-1 Supplement to the Indenture, dated as of the Series 2017-1 Closing Date, among the Issuers and the Indenture Trustee, as amended, supplemented or modified from time to time. “Series Account : As defined in the Indenture. “Servicer Replacement Event ”: The meaning specified in Section 6.01(a) . “Servicing Account ”: The segregated account or accounts created and maintained pursuant to Section 3.03(a) . “Servicing Fees ”: With respect to each Mortgage Loan, Mortgaged Property and Lease, the Property Management Fee, the Back-Up Fee, the Special Servicing Fee, if any, and the Additional Servicing Compensation, if any. “Servicing File ”: Any documents (other than documents required to be part of the related Loan File or Lease File) in the possession of the Property Manager or the Special Servicer and relating to the origination and servicing of any Mortgage Loan or Lease or the administration of any Mortgaged Property (including copies of all applicable Property Insurance Policies with respect thereto). “Servicing Officer ”: Any officer or employee of the Property Manager or the Special Servicer, as applicable, involved in, or responsible for, the administration, management and servicing of the Mortgage Loans, Mortgaged Properties and Leases, whose name and specimen signature appear on the list of servicing officers furnished, from time to time, by such party to the applicable Issuers and the Indenture Trustee. “Servicing Standard ”: To provide property management services for the Mortgaged Properties and to service and special service the Mortgage Loans and Leases on behalf of the applicable Issuers in accordance with applicable law, the terms of this Agreement, the terms of the respective Mortgage Loans and Leases and, to the extent consistent with the foregoing, (x) in the same manner in which, and with the same care, skill, prudence and diligence with which, the 28 US-DOCS\ 96557504.7 102826315.7
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Examples of Restaurant Concept in a sentence

  • In accordance with that certain Restaurant Concept Development Agreement dated as of February, 1998, as amended from time to time, by and between Seller and Columbus Restaurant Development Company, Ltd.

  • The term "Existing Restaurant Concept" shall mean any of the following restaurant concepts operated by Guarantor or its affiliates as of the date of this Lease: The Manhattan Ocean Club, Cite, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, and Park Avenue Cafe, but expressly excluding the S & W Concept).

  • Any change with respect to the Signature Restaurant Concept shall automatically be a Manager Concept.

  • As to matters relating to the operation or management of the Managed Premises which are not provided for in this Agreement, Manager shall consider in good faith Owner's reasonable observations and requests with respect thereto, provided that Owner shall not make any such requests which would be inconsistent with the Operating Standard or the Restaurant Concept.

  • As used in this Agreement, the term “Restaurant Concept(s)” is defined as a new unique dining experience that is suitable for national franchising which includes: (1) every Restaurant Concept for which Client has met and approved; and (2) every “Restaurant Concept(s)” for which Client enters into its then-current form of operating agreement pursuant to which restaurant concepts are developed.

  • It is agreed that a uniform automated point-of-sales solutions as the Licensee deems appropriate from time to time shall be subscribed, installed and used for the restaurant business with the Restaurant Concept using Morganfield’s Trademarks for the purposes of streamlining the automated solutions for point-of-sales programs and enhancing the brand value of Morganfield’s Trademarks.

  • The Licensee is responsible for the development of the restaurant business with the Restaurant Concept using Morganfield’s Trademarks at its own expense.

  • Any change with respect to the Signature Restaurant Concept, the Lobby Pub Concept and/or the Pool Bar Concept shall automatically be a Manager Concept.

  • Moreover, as set forth in Section 1 of the Restaurant Concept Agreement, Licensor represents and warrants that all actions necessary to obtain the approval and consent of the various Partnerships to the transfer and assignment of the Concepts was taken prior to the execution of this Agreement.

  • The consideration for this Agreement is as set forth in the Restaurant Concept Agreement.

Related to Restaurant Concept

  • Restaurant means a business location:

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

  • Mixed use development means a building, combination of buildings, or building complex, designed to functionally and physically integrate non-residential uses such as retail, commercial, institutional, recreational, or community uses with residential uses, in a complementary manner.

  • Protected Space Operations means all Launch or Transfer Vehicle activities, ISS activities, and Payload activities on Earth, in outer space, or in transit between Earth and outer space in implementation of the IGA, MOUs concluded pursuant to the IGA, implementing agreements, and contracts to perform work in support of NASA’s obligations under these Agreements. It includes, but is not limited to:

  • Qualified high-technology business means a business or facility whose primary business activity is high-technology activity or a qualified high-wage activity.