Restaurant Property definition

Restaurant Property means a restaurant property owned by an Income Fund prior to the Company's acquisition of such Income Fund.
Restaurant Property means, with respect to any restaurant location, the real property, land, buildings, improvements, machinery and equipment, and structures comprising such restaurant or in which such restaurant is located.
Restaurant Property means all of Borrower's interest of every kind and description, now existing or hereafter acquired, in the restaurants listed in Exhibit A (the "Restaurants"), including, but not limited to, all of Borrower's interest in the Ground Lease, Improvements, FF&E, rents, all personal property, goods, accounts, contract rights, insurance proceeds, leases, inventory, goodwill, licenses, permits, approvals, intangibles and all appurtenant rights to each of the foregoing. "Restaurant Property" shall be deemed to include property rights in the Reston Restaurant as the same are developed, created and acquired by Borrower.

Examples of Restaurant Property in a sentence

  • Failure of BKC to provide such written notice within the Election Period shall constitute a refusal by BKC to purchase such Restricted Restaurant Property pursuant to the Offer.

  • The offer of such Restricted Restaurant Property to BKC (the "Offer") shall be made in writing and shall be accompanied by a true and correct copy of the bona fide written offer.

  • Subject to the provisions of Section 8.4(b), if the Partnership receives a bona fide written offer from an independent third party to acquire in a transfer all or any part of any Restricted Restaurant Property that the Partnership intends to accept, subject to this Section 8.4(c), then the Partnership shall offer such Restricted Restaurant Property to BKC at the price and on the terms and conditions (including timing and manner of payment) contained in such bona fide written offer.

  • BKC in no event shall be entitled to any fee or other payment from the Partnership in connection with the rebuilding of a Restricted Restaurant Property under the Successor Policy.

  • The obligation of BKC to make payments to the Partnership under this Section 8.6(b) in connection with a rent reduction granted hereunder shall continue until the lease under which such rent reduction is granted terminates or expires, notwithstanding any intervening sale or other disposition by the Partnership of the Restricted Restaurant Property with respect to which such rent reduction is granted.


More Definitions of Restaurant Property

Restaurant Property. See Section 8.9.
Restaurant Property with an address of ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ as reflected in Exhibit “C”; and
Restaurant Property means that portion of the Leased Property upon which the Restaurant building footprint is located, the Event Lawn, and such other portions of the Leased Property which from time to time JoePC may dedicate to the Restaurant or Event Lawn.
Restaurant Property shall be deemed to include property rights in the Reston Restaurant as the same are developed, created and acquired by Borrower.
Restaurant Property meaning as retail food (with beverages) service facilities.
Restaurant Property. That real property identified on EXHIBIT A labeled "Restaurant Property".
Restaurant Property means the improved real property described in Attachment 1 attached hereto and incorporated herein by reference.