Licensed Restaurant definition

Licensed Restaurant means any restaurant that is licensed to sell and serve liquor.

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Licensed Restaurant means a food service establishment, licensed under RSA 143-A:4, which is in a fixed location that is adequate and sanitary, where food is prepared primarily for service of a meal intended for purchase and consumption by the consumer.

Licensed Restaurant means premises subject to a restaurant licence under the Liquor Licensing Act 1985;

Examples of Licensed Restaurant in a sentence

• Licensee shall immediately cease operating the Licensed Restaurant, and shall not thereafter, directly or indirectly, represent itself to the public or hold itself out as a licensee of Licensor.

• Licensor shall have the right to photograph both the interior and exterior of the Licensed Restaurant, and the various foods served therein, and to use any such photographs in its publicity or advertising, and Licensee shall cooperate in securing such photographs and the consent of the persons pictured.

• In all public records, in Licensee's relationship with other persons, and on stationary, business forms and checks, Licensee shall indicate Licensee's independent ownership of the Licensed Restaurant and status as a licensee of Licensor.

• Payments ("Royalty Payments") shall be calculated by multiplying the Gross Receipts of the Licensed Restaurant during the preceding calendar month by the applicable royalty percentage of three percent (3%).

• Licensee shall assign to Licensor or its designee all of Licensee's right, title and interest in and to Licensee's telephone numbers relating to the Licensed Restaurant.

• If licensee fails to substantially perform any of its obligations under this Section 2 after being given seven (7) days' prior notice and opportunity to cure, any persons authorized by Licensor may enter the Licensed Restaurant at any time during regular business hours and perform any act deemed necessary by Licensor to remedy such failure without liability to Licensor.

• Licensee will procure and maintain in full force and effect throughout the Term of this Agreement, an insurance policy protecting Licensee, Licensor and its affiliates, and their respective officers, directors, partners and employees against any loss, liability, personal injury, property damage or expense whatsoever arising or occurring upon in connection with the operation of the Licensed Restaurant.

• If alcoholic beverages are ever served at the Licensed Restaurant, liability insurance policy with minimum limits of at least One Million Dollars ($1,000,000.00) with endorsements insuring against liability imposed by statutes commonly known as "Dram Shop Acts," or by other laws, upon retailers of alcoholic substances, if such coverage cannot be obtained under the policy or policies in (A) above.

• Licensee shall promptly pay when due all taxes levied or assessed, including, without limitation, unemployment and sales taxes, and all accounts and other indebtedness of every kind incurred by Licensee in conducting the business of the Licensed Restaurant.

• Licensee acknowledges that ownership of all rights, title and interest in and to the System, Proprietary Marks, Trade Dress, and the Design, decor and image of the Licensed Restaurant are and shall remain vested solely in Licensor and Licensee disclaims any right or interest therein or the goodwill derived therefrom.

More Definitions of Licensed Restaurant

Licensed Restaurant. ( ) means a restaurant within the meaning of section 31 of the Food Business Regulation (Cap. 132 sub. leg.) and is licensed under that section;

Licensed Restaurant has the meaning ascribed to such term in paragraph A. of the Recitals.

Licensed Restaurant means, as context requires, the Restaurant to be developed, or already developed, at the Location by Franchisee pursuant to this Agreement.

Licensed Restaurant means a restaurant licensed in terms of the Liquor Act No. 59 of 2003;