Restaurant Management Agreement; Consulting Services Agreement Clause Samples
A Restaurant Management Agreement and a Consulting Services Agreement are contracts that define the terms under which a management company or consultant provides operational, strategic, or advisory services to a restaurant owner. These agreements typically outline the scope of services, such as overseeing daily operations, staff training, menu development, or providing business advice, and specify compensation, duration, and performance standards. Their core function is to clearly allocate responsibilities and expectations between the restaurant owner and the service provider, ensuring both parties understand their roles and reducing the risk of disputes.
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Restaurant Management Agreement; Consulting Services Agreement. As of the Closing Date, the term of the Restaurant Management Agreement has expired; however (a) Manager and Restaurant Manager continue to operate the restaurant in accordance with the terms thereof, (b) an extension of or amendment to the Restaurant Management Agreement is being negotiated with the Restaurant Manager , and (c) if the term thereof had not expired and the agreement were in effect, there would be no default under the Restaurant Management Agreement by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder. The Restaurant Manager is not an Affiliate of Borrower or Operating Lessee. As of the Closing Date, the Consulting Services Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder. The Consultant is not an Affiliate of Borrower or Operating Lessee.