Fiesta Group definition
Examples of Fiesta Group in a sentence
CRG, Carrols and Carrols LLC shall not make, and shall not permit any member of the CRG Group to make, any claim or demand, or commence any Action asserting any claim or demand, including any claim of contribution or any indemnification, against Fiesta Restaurant Group or any member of the Fiesta Group, or any other Person released pursuant to Section 3.1(b), with respect to any Liabilities released pursuant to Section 3.1(b).
As soon as practicable after the Distribution Date, subject to the provisions of this Section 6.3, CRG and Carrols shall use commercially reasonable efforts to deliver or cause to be delivered to Fiesta Restaurant Group all Fiesta Books and Records in the possession of the CRG Group, and Fiesta Restaurant Group shall use commercially reasonable efforts to deliver or cause to be delivered to CRG all CRG Books and Records in the possession of the Fiesta Group.
If such a termination or substitution is not effected by the Distribution Date, (i) CRG and Carrols shall indemnify and hold harmless the Fiesta Group for any Losses arising from or relating to Fiesta Guarantees, and (ii) neither Fiesta Restaurant Group nor any of its Subsidiaries will have any obligation to renew any Fiesta Guarantees after the expiration of such Fiesta Guarantees.
All matters relating to or arising out of any employee benefit, compensation or welfare arrangement in respect of any present and former employee of the CRG Group or the Fiesta Group shall be governed by the Employee Matters Agreement.
Each member of the Fiesta Group, as appropriate, shall be responsible for all administrative and financial matters relating to insurance policies established and maintained by the members of the Fiesta Group for claims involving any member of the Fiesta Group.
All matters relating to the provision of support and other services by the CRG Group to the Fiesta Group, or by the Fiesta Group to the CRG Group after the Distribution Time, covered by the Transition Services Agreement, shall be governed exclusively by the Transition Services Agreement, except as may be expressly stated herein or therein.
Fiesta will execute and deliver or cause the appropriate member of the Fiesta Group to execute and deliver to Carrols any document or other evidence which may be reasonably required by Carrols to demonstrate to third parties the authority of Carrols described in this Article V.
Certain intercompany charges between the CRG Group and the Fiesta Group which are settled in the normal course until the Distribution Date.