Restaurant System definition
Examples of Restaurant System in a sentence
Sphera Franchise Group SA together with its subsidiaries: US Food Network SA (“USFN”), US Food Network SRL Italy (“USFN Italy”), US Food Network SRL Moldova (“USFN Moldova), California Fresh Flavors SRL (“Taco Bell”) and American Restaurant System SA (“ARS”) form “the Group” (or “SFG”).
F&E has recently executed and delivered to Shells that certain (i) Restaurant System Purchase agreement, dated September 27, 2007, between F&E and Shells (the “Original Agreement;”) and (ii) Amendment to Shells Seafood Restaurants, Inc.
J40/24660/1994, tax registration number 6645790 and 379,999 shares, issued by American Restaurant System S.A., a joint-stock company organized and operating according to the laws of Romania, having its registered seat in Bucharest district 1, 5-7 Calea Dorobanților Street, ground floor, unit C, D and terrace, room 79, registered with the Trade Register under no.
We may use the information obtained as we deem appropriate, except that information you designate as confidential will not be disclosed to third parties in a manner that identifies you as the subject or source except: (i) with your permission, (ii) as may be required by law, (iii) in connection with audits or collections under this Agreement; or shared within the EVOS® Restaurant System (you understand that we disseminate operational and financial data throughout the System and to prospects).
The Franchisee has had a full and adequate opportunity to read and review this Agreement and to be thoroughly advised of the terms and conditions of this Agreement by an attorney or other personal representative, and has had sufficient time to evaluate and investigate the Restaurant System, the financial requirements and the risks associated with the Restaurant System.
The Franchisee, the Owners and the Personal Guarantors acknowledge that the Franchisee, its officers, executives and employees will receive specialized training, marketing and advertising plans, business strategies, confidential recipe, cooking, and food preparation information, and trade secrets from Elephant & Castle pertaining to the Restaurant System and the operation of the Elephant & Castle-Registered Trademark- Restaurant.
As a result, American Restaurant System was not allowed to perform any further drawings from the loan.
The exposure to credit risk is represented by the carrying amount less an allowance for doubtful accounts in the reporting date as described in note 7 to the financial statement.
Such signs are fundamental to the On The Border Restaurant System and Franchisee hereby grants to Xxxxxxx the right to enter the building and premises to remove and destroy unapproved or obsolete signs in the event that Franchisee has failed to do so within thirty (30) days after the written request of Xxxxxxx.
Any and all improvements made by the Franchisee to the Marks or the Restaurant System will be the sole and absolute property of Elephant & Castle, which will have the exclusive right to register and protect all such improvements in its name in accordance with applicable law.