Restaurant Disposition definition
Restaurant Disposition means the sale or other disposition (whether by merger or consolidation or transfer of assets or equity interests issued by the Company or by one or more subsidiaries of the Company) of all or substantially all of the restaurant operations presently conducted by Claremont Restaurant Group, LLC.
Examples of Restaurant Disposition in a sentence
The Trust Administrator shall have no liability for losses on investments in Eligible Investments made pursuant to this Section 4.12(c) (other than as obligor on any such investments).
The payment required to be made to the Executive pursuant to the foregoing provisions of this subsection (a) shall be made by bank check or other good funds at the closing of the Restaurant Disposition.