Triarc Beverage Group definition

Triarc Beverage Group means, collectively, Snapple, Mistic, Cable Car, Royal Crown and any and all other subsidiaries of Triarc Consumer Products Group, LLC (or any successor thereto) that are primarily engaged in the beverage business or any business related, ancillary or complementary thereto that become parties hereto in accordance with paragraph 13 hereof. Triarc and the Companies desire to enter into this Agreement to set forth the terms and conditions upon which Triarc will continue to provide such services to the Triarc Beverage Group. The parties hereto agree as follows:
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Examples of Triarc Beverage Group in a sentence

  • Such other services as the parties may agree are necessary for the efficient and profitable operations of the Triarc Beverage Group.

  • Expertise and assistance in legal matters, including any reporting obligations of any member of the Triarc Beverage Group under the Securities Exchange Act of 1934, and the services of a Corporate Secretary and such other support staff as Triarc shall reasonably consider to be appropriate and necessary to handle such matters.

  • Expertise and assistance in financial presentation and planning and such services as are reasonably necessary for the Triarc Beverage Group to comply with its financial reporting obligations to third parties, including report preparation, compliance with generally accepted accounting principles, footnote disclosure, compilation and review.

  • In consideration for the providing of the Services, each member of the Triarc Beverage Group agrees, jointly and severally, to pay an aggregate annual service fee of $6.7 million, subject to adjustment as provided in paragraph 4 hereof (as so adjusted, the "Fee").

  • Triarc shall provide to the Triarc Beverage Group during the Term the services listed in this Agreement and such other management services as the Triarc Beverage Group may reasonably request (collectively, the "Services").

  • Employees of Triarc engaged in performing the Services shall under no circumstances be considered to be employees of any member of the Triarc Beverage Group.

  • In addition, on the effective date of this Agreement (as provided in paragraph 13 hereof), each member of the Triarc Beverage Group shall pay to Triarc all accrued and unpaid management fees for all prior periods through February 25, 1999, which payment shall not be deemed to be a payment with respect to the Fee due hereunder.

  • Each member of the Triarc Beverage Group agrees that, as between the members of the Triarc Beverage Group (and having no effect on the joint and several obligations of the members of the Triarc Beverage Group to Triarc under paragraph 3 hereof), the Fee shall be allocated among each of the members of the Triarc Beverage Group in accordance with the following formula.

  • This Agreement sets forth the entire understanding between the members of the Triarc Beverage Group and Triarc relating to the subject matter hereof and supercedes all prior management services agreements between Triarc and each of the members of the Triarc Beverage Group.

  • Upon the creation or acquisition of an entity that becomes a member of the Triarc Beverage Group, such entity shall, if it desires to receive any of the Services provided hereunder, execute a counterpart hereto and shall thereafter be bound by the terms of this Agreement (including, without limitation, the terms of paragraph 6 hereof) as if it were an original signatory hereto.

Related to Triarc Beverage Group

  • Minority Group means any of the following racial or ethnic groups:

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • Mixed beverage or "mixed alcoholic beverage" means a drink composed in whole or in part of

  • Malt beverage or "malt liquor" means any beverage such as

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.