Restaurant Sales definition

Restaurant Sales means all monies (whether paid in cash, by credit card or otherwise) received as operating revenues in the ordinary course of business and derived from the sale of food and beverages at Restaurants or from off-premises catering originating from Restaurants and the fair market value of any goods or services received in exchange for such food, beverage or catering, less bona fide refunds to customers, gratuities and tips in fact paid out to employees, the value of beverages and/or meals served by Licensee to employees or for courtesy or promotional purposes, taxes imposed and paid on customer checks and credit card fees. Restaurant Sales shall include any proceeds received by any Restaurant from business interruption insurance carried thereby.
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Restaurant Sales means all monies received by NEWCO or for their account from the operation of the Restaurant, including, but not limited to, banquet services, on and off premises catering, and sale of merchandise in the ordinary course of business, in cash, by credit card or otherwise, but less, as to all the foregoing, bona fide refunds to customers, uncollected amounts, gratuities and tips in fact paid out by the Restaurant to employees of the Restaurant, and taxes imposed and paid by the Restaurant on customer checks.
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Restaurant Sales means all monies received by NEWCO or for their account from the operation of the Restaurant, including, but not limited to, banquet services, on and off premises catering, and sale of merchandise in the ordinary course of business, in cash, by credit card or otherwise, but less, as to all the foregoing, bona fide refunds to customers, uncollected amounts, gratuities and tips in fact paid out by the Restaurant to employees of the Restaurant, and taxes imposed and paid by the Restaurant on customer checks. 5 <PAGE> e. NEWCO agrees to provide to MANAGEMENT COMPANY copies of NEWCO federal and state tax returns, on an annual basis and NEWCO agrees to indemnify and hold MANAGEMENT COMPANY harmless with respect to any liability to the MANAGEMENT COMPANY based on errors and omissions in such returns. 4.
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Examples of Restaurant Sales in a sentence

  • Corporate-Owned Restaurant Sales growth refers to the percentage change in sales at all corporate-owned restaurants in one period from the same period in the prior year.

  • Franchise Restaurant Sales growth refers to the percentage change in sales at all franchised restaurants in one period from the same period in the prior year.

  • Systemwide Restaurant Sales growth refers to the percentage change in sales at all franchised restaurants, ghost kitchens and corporate-owned restaurants in one period from the same period in the prior year.

  • Nat’l Restaurant Ass’n, Restaurant Sales Fell to Their Lowest Level Since June (Jan.

  • Comparable Restaurant Sales Performance refers to the change in year-over-year sales for the comparable restaurant base.

  • Digital Channel as percentages of Systemwide Restaurant Sales are indicative of the sales placed through our digital platforms and the percentage of those digital sales when compared to total sales at all our franchised and corporate-owned restaurants.

  • Systemwide Restaurant Sales growth refers to the percentage change in sales at all franchised restaurants and corporate-owned restaurants in one period from the same period in the prior year.

  • Following the same logic, we next need to know what happened to customers and staff to bring about the performance history in Figure 2.1 "The Explanation for Restaurant Sales and Labor Costs" and the inflows and outflows to these two resources.It is crucial to explain why the resource of customers developed over time as it did, and the only way to do this is to understand the flows (Figure 3.5 "The Net Flow of Customers Into and Out of Your Regular Customer Group").

  • For establishments that are permitted to engage in more than one type of sale (e.g. Bar Sales and Restaurant Sales), the areas designated as a Permitted Area for each type of sale shall be separately subject to the time restrictions described below.

  • Such amount shall be paid within seven (7) days after the end of each calendar month and, until adjusted by the parties as hereafter provided, the amount paid shall equal three (3) per cent of the Restaurant Sales for the immediately preceding month.

Related to Restaurant Sales

  • Restaurant means a business location:

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

  • Projected PJM Market Revenues means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6.

  • Retail marijuana store means an entity licensed to purchase marijuana from marijuana cultivation facilities and marijuana and marijuana products from marijuana product manufacturing facilities and to sell marijuana and marijuana products to consumers.

  • System Revenues means all rates, rents, fees, charges,

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

  • 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.

  • Dining area means a public room or area in which meals are regularly served.

  • 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.

  • Healing arts screening means the testing of human beings using x-ray machines for the detection or evaluation of health indications when such tests are not specifically and individually ordered by a licensed practitioner of the healing arts legally authorized to prescribe such x-ray tests for the purpose of diagnosis or treatment.

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

  • Retail Marijuana means all parts of the plant of the genus cannabis whether growing or not, the seeds thereof, the resin extracted from any part of the plant, and every compound, manufacture, salt, derivative, mixture, or preparation of the plant, its seeds, or its resin, including but not limited to Retail Marijuana Concentrate, that is cultivated, manufactured, distributed, or sold by a licensed Retail Marijuana Business. “Retail Marijuana” does not include industrial hemp, nor does it include fiber produced from stalks, oil, or cake made from the seeds of the plant, sterilized seed of the plant which is incapable of germination, or the weight of any other Ingredient combined with marijuana to prepare topical or oral administrations, food, drink, or other product. If the context requires, Retail Marijuana includes Retail Marijuana Concentrate and Retail Marijuana Product.

  • Medical marijuana dispensary means the location from which a registered cardholder may obtain

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Marijuana retailer means a person who sells marijuana items to a consumer in this state.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Business Centre means each of the places so specified in the relevant Pricing Supplement.

  • Alcoholic beverage means a beverage that:

  • Theater means any establishment in which motion pictures are exhibited regularly to the public for a charge.

  • Transient space marketplace means a marketplace or travel agency through which a person may offer transient accommodations to customers and through which customers may arrange for occupancies of transient accommodations. "Transient space marketplace" does not include a marketplace or travel agency that exclusively offers transient accommodations in the State owned by the owner of the marketplace or travel agency.

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • public open space means the securing of an area of a site at grade or street level which is acceptable to the City and is appropriately landscaped for the use and enjoyment of the public during reasonable hours.

  • 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.

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Nationwide Mortgage Licensing System and Registry means a mortgage licensing system developed and maintained by the conference of state bank supervisors and the American association of residential mortgage regulators for the licensing and registration of licensed mortgage loan originators.

  • 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: