Restaurant Operator definition
Examples of Restaurant Operator in a sentence
Any assignment, franchise and/or license between Sixx, its affiliates and any other Patrizio Restaurant Operator shall provide ▇▇▇▇ directly similar periodic rights of verification with respect to the restaurant operations of said Patrizio Restaurant Operator.
In connection with any construction, renovation, refurbishment or remodeling of the Restaurant, Operator shall maintain Builder's Risks insurance and performance and completion bonds in forms and amounts, and written by a carrier or carriers, reasonably satisfactory to Licensor.
The Borrower will maintain all of the Borrower's property and equipment in a state of good repair and will require each Restaurant Operator to do the same.
If the Licensor Approved Architect is not used to develop the Working Drawings for the Restaurant, Operator will be required to commission the Licensor Approved Architect to consult with the Operator Architect on behalf of the Licensor during the design process.
In the event that the Partneris or is likely to become unable to fulfil the Orders, the Restaurant Operator will cease to accept any further Orders and mark itself as offline on the Bolt Food Platform until readiness to fulfil the Orders is restored.
The Borrower will inform the Bank immediately of any material adverse changes in the financial condition of the Borrower, the Guarantor or any Restaurant Operator.
The Company shall have delivered to you copies of each of the Leasehold Property Leases and Restaurant Operator Leases set forth on PART 2.22 OF ANNEX 3, in each case certified as true and correct by a Senior Officer of the Company, and each of such leases shall be in full force and effect.
The Developer shall thereafter submit an alternative proposed Restaurant Operator and/or amendment to the Lease (or new Lease) to the City for the City's review and approval within thirty (30) days after notification of disapproval.
In connection with submission to the City of a proposed Restaurant Operator for approval or disapproval, the Developer shall provide the City with a copy of the proposed Restaurant Operator's most recent financial statement and a description of the restaurants managed by the proposed Restaurant Operator during the preceding five (5) years.
To fund the Initial Program, commencing two weeks after the opening of its System Restaurant, Operator agrees to pay Franchisor the sum of $2,000 by paying $40 per week for 50 consecutive weeks, in accordance with the procedures established in Article 8.