Restaurant Guidelines definition
Examples of Restaurant Guidelines in a sentence
The Food Vendor shall comply with Camden County Department of Health and Social Services Temporary Restaurant Guidelines and all applicable state and federal statutes and regulations.
The Borrower will, and will cause each of its Subsidiaries to, comply in all material respects with the Restaurant Guidelines in regard to each Receivable and the related Receivables Contract.
If the Initial Sellers change the Restaurant Guidelines to lengthen the time (currently six months) in which Credits from any Restaurant are expected to be used, such change shall be deemed to be a material adverse change.
Any notice regarding changes to the Restaurant Guidelines shall state in reasonable detail the reasons the changes will have such effect.
The Seller and the Servicer will comply with and perform their obligations in accordance with the Restaurant Guidelines, except insofar as any failure so to comply or perform would not materially and adversely affect the Collections or the rights of the Issuer, the Collateral Agent or the Noteholders, or if such failure to comply is necessary under any Requirement of Law and which would materially and adversely affect the collections or the rights of the Issuer, the Collateral Agent or the Noteholders.
If TMN or the Servicer changes the Restaurant Guidelines to lengthen the standard time (currently six (6) months) in which Credits from any Restaurant are expected to be used, such change shall be deemed to be a material adverse change.
The Servicer will comply in all material respects with the Restaurant Guidelines in regard to each Receivable and the related Contract.
The Borrower will not, and will not permit any of its Subsidiaries to, make any change in the character of its business or in the Restaurant Guidelines, which change would, in either case, impair the collectibility of any Receivable or otherwise have a Material Adverse Effect.
Within ten (10) Business Days after the date any material change in or amendment to the Restaurant Guidelines is made (subject to subsection 5.2(c) herein), a copy of the Restaurant Guidelines then in effect indicating such change or amendment.
If the Initial Sellers change the Restaurant Guidelines to lengthen the time (currently six months) in which Credits from any Restaurant are expected to be used, such change shall be, deemed to be a material adverse change.