Restaurant Operators definition

Restaurant Operators has the meaning set forth in Section 2.2(d)(i).
View Source

Examples of Restaurant Operators in a sentence

  • The Borrower shall cause all Restaurant Operators to directly deposit all payments under the Restaurant Notes into the Depository Account and shall deposit therein all other amounts required to make payments on the Facility as provided in the Note.

  • The proceeds of the Facility shall be used solely for the purpose of making loans to Restaurant Operators for use in acquiring interests in Property and constructing and equipping the Improvements constructed thereon for use as a Restaurant Location.

  • At ▇▇▇▇’▇ sole option (but no more than four (4) times during any fiscal year of Sixx), the financial and accounting records of Sixx and the Patrizio Restaurant Operators shall be subject to verification by an independent representative who shall be a certified public accountant and who shall be selected by ▇▇▇▇.

  • In connection with submission to the City of a proposed Restaurant Operator for approval or disapproval, the Developer shall provide the City with a copy of the proposed Restaurant Operator's most recent financial statement and a description of the restaurants managed by the proposed Restaurant Operator during the preceding five (5) years.

  • No later than the time specified in the Schedule of Performance, the Developer and the Restaurant Operator shall have negotiated the Restaurant Operator's binding letter of intent, binding request to lease, or other binding preliminary agreement for the operation of the Restaurant Development (the "Restaurant Commitment"), and shall have submitted the proposed Restaurant Commitment to the City.

  • The lease by and between the Developer and the Restaurant Operator for the lease of the Restaurant Development by the Restaurant Operator from the Developer, or such other legally binding agreement, including but not limited to a ground lease, between the Developer and the Restaurant Operator governing the Restaurant Operator's use and occupancy of the Restaurant Development.

  • The Manager will instruct Restaurant Operators (other than Franchisees that are licensees under the applicable Franchise Agreement) to pay certain advertising fees based on a percentage of sales in accordance with the Company-Owned Restaurant Master Franchise Agreement or Franchise Agreement, as applicable (“Advertising Fees”), to the NAFA Account.

  • The Bank has agreed to make a $35,000,000 revolving line of credit facility (the "Facility") available to Borrower, so as to provide a source of funds to permit Borrower to rake loans to Restaurant Operators (as hereinafter defined), in order that such Restaurant Operators and acquire fee simple or leasehold interests in land located in various cities in the State of California, and construct "Outback Steakhouse" restaurants thereon.

Related to Restaurant Operators

  • market operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;

  • airport operator A natural or legal person authorized to manage or operate an airport. “Airport Tax” It is the amount charged to a Passenger for the use of the airport facilities that can be collected by THE CARRIER with prior authorization, either on the ticket or at each airport, and must be paid by the Passenger. “Airway Ticket or Ticket” (GENERAL DEFINITION). It is the document issued by THE CARRIER or its Authorized Agent as written proof of the transportation agreement. The term that will be used in this Agreement is ticket.

  • Market Operations Center means the equipment, facilities and personnel used by or on behalf of a Market Participant to communicate and coordinate with the Office of the Interconnection in connection with transactions in the PJM Interchange Energy Market or the operation of the PJM Region.

  • Restaurant means a business location:

  • Operators means the Access Provider and the Access Seeker collectively.