Formula business definition

Formula business means a type of retail sales establishment, restaurant, tavern, bar, or take-out food establishment, which is under common control or is a franchise, and is one of ten or more businesses or establishments worldwide maintaining three two or more of the following features:
Formula business means any type of commercial business establishment that uses a trademark, logo, service mark or other mutually identifying name or symbol that is shared by 15 or more commercial businesses (other than a “formula fast food restaurant”) and which maintains any standardized (“formula”) array of ser- vice and/or merchandise, decor, business method, architecture, layout, uniform, or similar, standardized fea- ture. (Ord. 1971 § 2, 2005)
Formula business means a business or use, which by contractual or

Examples of Formula business in a sentence

  • In any event, at no time after the Effective Date shall Licensee or its Affiliates (other than the New Affiliates) transfer responsibility for and/or the benefits of any portion of their Infant Formula business (including without limitation any sales bookings or brand responsiblity) to the New Affiliates prior to * *.


More Definitions of Formula business

Formula business means a business that is required by contractual or other arrangement to
Formula business means a type of business activity, including retail, office and
Formula business means a commercial business or use which, by ownership, franchise, contractual or other arrangement, established or recognized business practice, or membership affiliation, that maintains, as part of a group of ten or more similar businesses located outside Nevada City, any of the following:
Formula business means any business establishment, including but not limited to, retail, restaurants, etc., that has eleven or more other business establishments in operation located anywhere in the world, and is required by contract, business model, or practice to maintain any of the following standardized characteristics: merchandise; menu; services; décor; uniforms; architecture; façade; color scheme; or signs. This definition excludes Franchise Owned businesses.
Formula business means a use that has fifteen or more other business locations in the United States and is required by contract, business model, or practice to maintain any of the following standardized characteristics: merchandise; menu; services; decor; uniforms; architecture; facade;
Formula business means a business or use, which by contractual or other arrangement, established or recognized business practice, or membership affiliation, maintains any of the following:
Formula business means a use that has fifteen or more other business locations in the United States and is required by contract, business model, or practice to maintain any of the following standardized characteristics: merchandise; menu; services; decor; uniforms; architecture; facade; color scheme; or signs. See also Section 18.23.260, Formula business uses.