Champps definition

Champps means Champps Entertainment, Inc., a Minnesota corporation. "COBRA" means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended. "Collective Bargaining Agreement" means those collective bargaining and other labor agreements listed on Schedule 4.2(k)(iv)(C). "Contributed Assets" means, collectively, all of those assets and properties, tangible or intangible, of any kind and description of International other than the Foodservice Assets (including but not limited to the Distributed Assets and the stock of the Restaurant Subsidiaries "Daka ▇▇▇▇ ▇▇ Sale" has the meaning set forth in Section 5.2(a) of this Agreement. "Distributed Assets" means all of the assets and properties, tangible or intangible of any kind and description of Daka other than Foodservice Assets. "Foodservice Assets" means all of the assets and properties, tangible and intangible, listed on Schedule 1.1(a). "Foodservice Employee" means (i) any individual who at the Offer Closing Time is an officer or employee of any member of either Group and who is set forth on Schedule 1.1(b) hereof (which Schedule will be updated by mutual agreement of UCRI and Compass prior to the Offer Closing Time), and (ii) all employees of Daka as of the Offer Closing Time, a list of whom shall be provided by International to Compass prior to the Offer Closing Time pursuant to Section 7.1(b) excluding any employee of International or Daka located at each such company's headquarters in Danvers, Massachusetts unless included on Schedule 1.1(b). Schedule 1.1(b) and the list provided under Section 7.1(b) shall include a list of officers or employees actively at work and a list of individuals not actively at work but on (i) approved leave (including, without limitation, leaves of absence granted by reason of family leave, medical leave, short-term disability leave, and maternity or paternity leave, in all cases which began before the Offer Closing Time) who may become Foodservice Employees upon their written notice to International that they are available to work or (ii) layoff (with recall rights) from active employment, other than any individual who, as of the Offer Closing Time, has been determined to be permanently disabled under existing Benefit Plans of International. "Foodservice Liabilities" means the following liabilities: (i) the Funded Debt (as defined in Section 5.1(f) (ii) of the Merger Agreement), (ii) all obligations of performance or payment relating to or arising after the Offer Closing Ti...
View Source
Champps restaurants as of the end of such month, sales for each such restaurant for such month, comparable results to the corresponding month in the prior fiscal year for each such restaurant and sales for each such restaurant for the period commencing at the end of the previous fiscal year and ending with the end of such month;
View Source
Champps restaurant located in Woodbury, Minnesota to its franchisee for consideration not less than $1,200,000 to be paid over a 7 year term on a 20 year amortization schedule;
View Source

Examples of Champps in a sentence

  • Buyer Initial: /s/ DR /s/ NR Purchase Agreement for Champps Americana Restaurant, Schaumburg, IL.

  • Lessee is contemplating building on the premises described in Exhibit "A" attached hereto the following Improvements : Remodeling of an approximately 11,100 square foot building and improvements to be used as a Champps Restaurant.

  • Lessee is contemplating building on the premises described in Exhibit "A" attached hereto the following Improvements : Construction of an approximately 8,600 square foot building and improvements to be used as a Champps Restaurant.

  • Lessee is contemplating building on the premises described in Exhibit "A" attached hereto the following Improvements : Construction of an approximately 11,100 square foot building and improvements to be used as a Champps Restaurant.

  • Dated:______________________________ Lessee: Champps Americana, Inc.

  • The parties acknowledge, agree and recognize that the Board of Directors of Employer and Champps shall manage the business affairs of Champps and that the relationship of Employer and Employee is that of employer and employee and any other relationship is hereby expressly disclaimed.

  • During the Employment Period any ideas and concepts related to the business of Employer or Champps shall become the sole property of Employer.

  • During the Employment Period, the principal executive offices of Champps shall remain in Wayzata, Minnesota or such other location as is acceptable to both Employer and Employee.

  • Champps Entertainment, Inc., a Minnesota corporation By:/s/ Charles W Redepen▇▇▇▇ ▇▇ Its:Sr. V.P. [Lessor's Signature appears on following page.] AEI NET LEASE INCOME & GROWTH FUND XIX LIMITED PARTNERSHIP By:AEI Fund Management XIX, Inc.

  • Employer shall furnish the Employee with office space substantially equivalent in size, quality, furnishings and in other respects to the office space provided him prior to the date hereof by Champps, and secretarial service, together with such other reasonable facilities and services as Champps determines as appropriate to Employee's duties and responsibilities.


More Definitions of Champps

Champps restaurants located in Schaumburg, Illinois, San Antonio, Texas and Detroit, Michigan under the AEI Sale- Leaseback Transaction and leases of equipment located therein and equipment located in "Champps" restaurants located in Fort Lauderdale, Florida and Columbus, Ohio from Carlton Financial;
View Source
Champps. Intro. Paragraph "Closed Required Restaurant" 6.18(A) "Closed Store Adjustment" 6.18(A) "Closing" 3.1 "Closing Date" 3.1 "Closing Date Receivable Adjustment" 2.2(C) "Closing Statement" 2.2(A)(i) "Code" 3.2(A)(14) "Commitments" 4.2 "Company" Preamble "Company Employees" 4.1(M)(i) "Compass PLC" Schedule 6.6(A)(iii) "Competing Transaction" 6.7(A) "Current Assets" 2.2(D) "Current Liabilities" 2.2
View Source
Champps restaurant as of the end of such month, sales, expense and margin information for each such restaurant for such month, comparable results to the corresponding month in the prior fiscal year for each such restaurant and comparison to the projected results for such month; (c) within 5 days of the end of such week, a listing of the aggregate amount of accounts payable of the Consolidated Entities to Alliant Foodservice as of the end of such week; (d) simultaneously with the delivery of the financial statements referred to in Section 7.08(g), a summary aged trial balance from the invoice date of the accounts payable of the Consolidated Entities to Alliant Foodservice and the average aged trial balance from the due date of all other accounts payable of the Consolidated Entities; (e) promptly after the receipt thereof, copies of all correspondence, reports, analyses and other documentation relating to any proposed recapitalization, reorganization, sale, merger, refinancing or capital raising activities of any Consolidated Entity; and (f) a calculation of the "Fixed Charge Coverage Ratio" for each "Fuddruckers" restaurant subject to the FFCA Sale-Leaseback Transaction and any requested "buy-downs" pursuant thereto. All reports delivered under Section 7.08 of the Amended Credit Agreement or hereunder shall be in form and substance satisfactory to the Banks.
View Source
Champps restaurants during such period, as determined on a consolidated basis in accordance with GAAP.
View Source
Champps restaurant as of the end of such week, sales for each such restaurant for such week, comparable results to the corresponding week in the prior fiscal year for each such restaurant and comparison to the projected results for such week; (b) within 30 days after the end of each month, a report listing each "Fuddruckers" and "Champps" restaurant as of the end of such month, sales, expense and margin information for each such restaurant for such month, comparable results to the corresponding month in the prior fiscal year for each such restaurant and comparison to the projected results for such month; (c) within 5 days of the end of such week, a listing of the aggregate amount of accounts payable of the Consolidated Entities to Alliant Foodservice as of the end of such week; (d) simultaneously with the delivery of the financial statements referred to in Section 7.08(g), a summary aged trial balance from the invoice date of the accounts payable of the Consolidated Entities to Alliant Foodservice and the average aged trial balance from the due date of all other accounts payable of the Consolidated Entities; (e) promptly after the receipt thereof, copies of all correspondence, reports, analyses and other documentation relating to any proposed recapitalization, reorganization, sale, merger, refinancing or capital raising activities of any Consolidated Entity; and (f) a calculation of the "Fixed Charge Coverage Ratio" for each "Fuddruckers" restaurant subject to the FFCA Sale-Leaseback Transaction and any requested "buy-downs" pursuant thereto. All reports delivered under Section 7.08 of the Amended Credit Agreement or hereunder shall be in form and substance satisfactory to the Banks.
View Source

Related to Champps

  • CHAMPUS means the Civilian Health and Medical Program of the Uniformed Service, a part of TRICARE, a medical benefits program supervised by the U.S. Department of Defense.

  • CHAMPVA means, collectively, the Civilian Health and Medical Program of the Department of Veterans Affairs, a program of medical benefits covering retirees and dependents of former members of the armed services administered by the United States Department of Veterans Affairs, and all laws, rules, regulations, manuals, orders, or requirements pertaining to such program.

  • Universal bilateral modification means a bilateral modification, as defined in FAR subpart 43.1, that updates or incorporates new FAR or AIDAR clauses, other terms and conditions, or special requirements, affecting all USAID awards or a class of awards, as specified in the Agency notification of such modification.

  • KENAS wherever appearing means the Kenya National Accreditation Service or its successor(s) and assign(s) where the context so admits

  • BEO means a written order issued by the Contractor to the Judicial Council that confirms the Judicial Council’s specific instructions and orders with respect to the Program on any one or more of the following, but does not alter any of the Agreement’s terms and conditions: (i) meeting and/or function room(s) and set-up requirements and/or rental charges; (ii) meal menus and prices and set-up requirements; and/or (iii) audio-visual equipment and set-up requirements and/or rental charges. ▇▇▇’s will be approved and signed by the Judicial Council’s representative, as set forth in Exhibit B.