Franchise Acquisition definition

Franchise Acquisition means the acquisition of any Weight Watchers franchise by the Borrower or one of its Subsidiaries.
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Franchise Acquisition means the acquisition of any Weight Watchers franchise by WWI or one of its Subsidiaries. " GAAP " is defined in Section 1.4 .
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Franchise Acquisition means the acquisition of any Weight Watchers franchise by the Borrower or one of its Subsidiaries. “ GAAP ” means generally accepted accounting principles in the United States applied on a consistent basis.
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Examples of Franchise Acquisition in a sentence

  • Partner) 99% - RT Franchise Acquisition, LLC N/A RT Distributing, LLC (A) Tennessee N/A 100% - Ruby Tuesday, Inc.

  • Partner) 99% - RT Florida Equity, LLC N/A RT Michigan Franchise, LLC (A) Delaware N/A 100% - RT Franchise Acquisition, LLC N/A RT Detroit Franchise, LLC (A) Delaware N/A 100% - RT Franchise Acquisition, LLC N/A Ruby Tuesday, LLC (A) Delaware N/A 100% - Ruby Tuesday, Inc.

  • N/A RT Franchise Acquisition, LLC (A) Delaware N/A 100% - RTBD, Inc.

  • The Great American Acquisition, the Franchise Acquisition and the Great American Tender Offer are referred to herein as the .Great American Transactions.

  • Partner) 99% - RT Franchise Acquisition, LLC N/A RT Distributing, LLC Tennessee None issued 100% - Ruby Tuesday, Inc.

  • The sole Member of the Company is RT Franchise Acquisition, LLC, which is admitted to the Company as a Member effective contemporaneously with the execution by such Person of this Agreement (or, if later, upon filing of the Certificate).

  • THIS AGREEMENT AND PLAN OF MERGER is made as of the 13th day of August, 1998, by and among AFC Enterprises, Inc., a Minnesota corporation (the "Buyer"), AFC Franchise Acquisition Corp., a Delaware corporation and a wholly-owned subsidiary of the Buyer (the "Acquisition Company"), and Cinnabon International, Inc., a Delaware corporation (the "Company").

  • Franchise Acquisition The Company acquired nine Papa Murphy’s stores in Minneapolis, MN during the third quarter for approximately $3.5 million.

  • N/A RT Franchise Acquisition, LLC (A) Delaware None issued 100% - RTBD, Inc.

  • N/A RT Northern California Franchise, LLC Delaware None issued 99% - RT Franchise Acquisition, LLC 1% - RT Finance, Inc.


More Definitions of Franchise Acquisition

Franchise Acquisition means the acquisition (whether by Acquisition or through the termination of any existing contracts (including the payment of any termination payments required thereunder) or any combination of the foregoing) by a Company or any Note Party that is a Wholly-Owned Domestic Subsidiary thereof (other than Excluded Subsidiaries) of (i) franchise operations for which a Company or one of its Domestic Subsidiaries is the Franchisor immediately prior to the consummation of such Acquisition, (ii) regional developers and/or the assets thereof and (iii) master franchisees and/or the assets thereof.
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Franchise Acquisition means the transactions contemplated by the applicable Franchise Acquisition Agreement.
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Franchise Acquisition means the acquisition of any Weight Watchers franchise by WWI or one of its Subsidaries.
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Related to Franchise Acquisition

  • Hostile Acquisition means (a) the acquisition of the Equity Interests of a Person through a tender offer or similar solicitation of the owners of such Equity Interests which has not been approved (prior to such acquisition) by the board of directors (or any other applicable governing body) of such Person or by similar action if such Person is not a corporation and (b) any such acquisition as to which such approval has been withdrawn.

  • Land acquisition means the taking of or alienation of land, buildings or other assets thereon for purposes of the Project.

  • Company Acquisition means any of the following transactions (other than the transactions contemplated by this Agreement): (i) a merger, consolidation, business combination, recapitalization, liquidation, dissolution or similar transaction involving the Company pursuant to which 50 the stockholders of the Company immediately preceding such transaction hold less than 65% of the aggregate equity interests in the surviving or resulting entity of such transaction, (ii) a sale or other disposition by the Company of assets representing in excess of 35% of the aggregate fair market value of the Company's business immediately prior to such sale or (iii) the acquisition by any person or group (including by way of a tender offer or an exchange offer or issuance by the Company), directly or indirectly, of beneficial ownership or a right to acquire beneficial ownership of shares representing in excess of 35% of the voting power of the then outstanding shares of capital stock of the Company.

  • Limited Condition Acquisition means any acquisition, including by means of a merger, amalgamation or consolidation, by the Company or one or more of its Restricted Subsidiaries, the consummation of which is not conditioned upon the availability of, or on obtaining, third party financing.

  • Business Acquisition means the acquisition, by purchase or otherwise, of all or substantially all of the assets (or any part of the assets constituting all or substantially all of a business or line of business) of any Person, whether such acquisition is direct or indirect, including through the acquisition of the business of, or Capital Stock of, such Person.

  • Pre-Acquisition Reorganization has the meaning set out in Section 6.8;

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Transformative Acquisition means any acquisition or Investment by the Borrower or any Restricted Subsidiary that is either (a) not permitted by the terms of this Agreement immediately prior to the consummation of such acquisition or Investment or (b) if permitted by the terms of this Agreement immediately prior to the consummation of such acquisition or Investment, would not provide the Borrower and its Restricted Subsidiaries with adequate flexibility under this Agreement for the continuation and/or expansion of their combined operations following such consummation, as determined by the Borrower acting in good faith.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Permitted Acquisitions means Investments consisting of an Acquisition by the Parent or any Subsidiary, in each case, other than Private Label Credit Card Expenditures, provided that (i) no Default shall have occurred and be continuing or would result from such Acquisition, (ii) the property acquired (or the property of the Person acquired) in such Acquisition is used or useful in the same or a similar, related or complementary line of business as the Parent and its Subsidiaries were engaged in on the Closing Date (or any reasonable extensions or expansions thereof), (iii) the Administrative Agent shall have received all items in respect of the Equity Interests acquired in such Acquisition required to be delivered by the terms of Section 7.12 and/or Section 7.13, (iv) in the case of an Acquisition of the Equity Interests of another Person, the board of directors (or other comparable governing body) of such other Person shall have duly approved such Acquisition, (v) the Parent shall have delivered to the Administrative Agent a Pro Forma Compliance Certificate demonstrating that, upon giving effect to such Acquisition on a Pro Forma Basis, the Loan Parties would be in compliance with the financial covenants set forth in Section 8.11 as of the most recent fiscal quarter for which the Parent was required to deliver financial statements pursuant to Section 7.01(a) or (b), (vi) if the total aggregate consideration paid for such Acquisition equals or exceeds $100,000,000, the Parent shall have delivered to the Administrative Agent pro forma financial statements for the Parent and its Subsidiaries after giving effect to such Acquisition for the twelve month period ending as of the most recent fiscal quarter in a form satisfactory to the Administrative Agent, and (vii) the representations and warranties made by the Loan Parties in each Loan Document shall be true and correct in all material respects at and as if made as of the date of such Acquisition (after giving effect thereto) except to the extent such representations and warranties expressly relate to an earlier date.

  • Unfriendly Acquisition any acquisition that has not, at the time of the first public announcement of an offer relating thereto, been approved by the board of directors (or other legally recognized governing body) of the Person to be acquired; except that with respect to any acquisition of a non-U.S. Person, an otherwise friendly acquisition shall not be deemed to be unfriendly if it is not customary in such jurisdiction to obtain such approval prior to the first public announcement of an offer relating to a friendly acquisition.

  • Qualifying Acquisition has the meaning specified in Section 5.03.

  • Permitted Acquisition means any non-hostile acquisition, whether by purchase, merger or otherwise, of all or substantially all of the assets of, or 50% or more of the voting capital stock of, or a business line or a division of, any Person; provided that:

  • Real estate transaction or "transaction" means an actual or prospective transaction involving a purchase, sale, option, or exchange of any interest in real property or a business opportunity, or a lease or rental of real property. For purposes of this chapter, a prospective transaction does not exist until a written offer has been signed by at least one of the parties.

  • Acquisition means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (a) the acquisition of all or substantially all of the assets of a Person, or of all or substantially all of any business or division of a Person, (b) the acquisition of in excess of 50% of the Capital Securities of any Person, or otherwise causing any Person to become a Subsidiary, or (c) a merger or consolidation or any other combination with another Person (other than a Person that is already a Subsidiary).

  • REO Acquisition The acquisition by the Master Servicer on behalf of the Trustee for the benefit of the Certificateholders of any REO Property pursuant to Section 3.14.

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • Material Permitted Acquisition means a Permitted Acquisition involving consideration of $300.0 million or greater.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Share Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Qualified Acquisition means any acquisition of either or both the capital stock or assets of any Person or Persons (or any portion thereof), or the last to occur of a series of such acquisitions consummated within a period of six consecutive months, if the aggregate amount of Indebtedness incurred by one or more of the Company and its Subsidiaries to finance the purchase price of, or assumed by one or more of them in connection with the acquisition of, such stock and property is at least $100,000,000.

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party and (b) the initial borrowing of Loans hereunder and the use of the proceeds thereof.

  • Proposed Acquisition means the proposed acquisition by the Borrower or any of its Subsidiaries of all or substantially all of the assets or Stock of any Proposed Acquisition Target, or the merger of any Proposed Acquisition Target with or into the Borrower or any Subsidiary of the Borrower (and, in the case of a merger with the Borrower, with the Borrower being the surviving corporation).

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.