Restaurant Sales definition

Restaurant Sales means all monies (whether paid in cash, by credit card or otherwise) received as operating revenues in the ordinary course of business and derived from the sale of food and beverages at Restaurants or from off-premises catering originating from Restaurants and the fair market value of any goods or services received in exchange for such food, beverage or catering, less bona fide refunds to customers, gratuities and tips in fact paid out to employees, the value of beverages and/or meals served by Licensee to employees or for courtesy or promotional purposes, taxes imposed and paid on customer checks and credit card fees. Restaurant Sales shall include any proceeds received by any Restaurant from business interruption insurance carried thereby.
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Restaurant Sales means all monies received by NEWCO or for their account from the operation of the Restaurant, including, but not limited to, banquet services, on and off premises catering, and sale of merchandise in the ordinary course of business, in cash, by credit card or otherwise, but less, as to all the foregoing, bona fide refunds to customers, uncollected amounts, gratuities and tips in fact paid out by the Restaurant to employees of the Restaurant, and taxes imposed and paid by the Restaurant on customer checks.
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Restaurant Sales means all monies received by NEWCO or for their account from the operation of the Restaurant, including, but not limited to, banquet services, on and off premises catering, and sale of merchandise in the ordinary course of business, in cash, by credit card or otherwise, but less, as to all the foregoing, bona fide refunds to customers, uncollected amounts, gratuities and tips in fact paid out by the Restaurant to employees of the Restaurant, and taxes imposed and paid by the Restaurant on customer checks. 5 <PAGE> e. NEWCO agrees to provide to MANAGEMENT COMPANY copies of NEWCO federal and state tax returns, on an annual basis and NEWCO agrees to indemnify and hold MANAGEMENT COMPANY harmless with respect to any liability to the MANAGEMENT COMPANY based on errors and omissions in such returns. 4.
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Examples of Restaurant Sales in a sentence

  • Nat’l Restaurant Ass’n, Restaurant Sales Fell to Their Lowest Level Since June (Jan.

  • Same Restaurant Sales (see the “Overview – Top-Line Fund / Increases in Franchise Sales” section of this MD&A for more details), Distributable Cash and Payout Ratio are non-IFRS measures and as such, do not have standardized meanings under IFRS and therefore may not be comparable to similar measures presented by other issuers.

  • Following the same logic, we next need to know what happened to customers and staff to bring about the performance history in Figure 2.1 "The Explanation for Restaurant Sales and Labor Costs" and the inflows and outflows to these two resources.It is crucial to explain why the resource of customers developed over time as it did, and the only way to do this is to understand the flows (Figure 3.5 "The Net Flow of Customers Into and Out of Your Regular Customer Group").

  • Unit Data and Comparable Restaurant Sales The following table details data pertaining to the number of restaurants for both Company-owned and franchise locations for the years indicated.

  • Restaurant Sales shall consist of the retail sale of Alcoholic Liquors, for consumption on premises, only when accompanied by the contemporaneous (same meal) sale and consumption of Real Food.

  • The entirety of the Building shall be deemed to be the Permitted Area for Restaurant Sales.

  • The explanation foryour sales and labor costs are therefore as shown in Figure 2.1 "The Explanation for Restaurant Sales and Labor Costs".

  • The operating agreement shall define whether the Licensee is responsible for adhering to the regulations applicable to Bar Sales, Restaurant Sales or Hospitality Sales.

  • In an establishment that has a Permitted Area for Bar Sales, it shall be unlawful to permit any person to remove or be permitted to remove any Alcoholic Liquors from the Permitted Area for Bar Sales and take them to any other location within the Premises, unless the customer is being seated in a portion of the Building used for Restaurant Sales for the purpose of purchasing and consuming Real Food.

  • A Bowling Alley or Indoor Sport Simulator Facility may apply for permission to maintain a Permitted Area for Restaurant Sales or Bar Sales, which shall be subject to all applicable Restaurant Sales restrictions, subject to approval by the Liquor Commissioner.

Related to Restaurant Sales

  • Restaurant means a business location:

  • Restaurants means a business that prepares and serves food and drinks to customers.

  • Projected PJM Market Revenues means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6. Proportional Multi-Driver Project: “Proportional Multi-Driver Project” shall have the same meaning provided in the Operating Agreement. Pseudo-Tie:

  • Retail marijuana store means an entity licensed to purchase Retail Marijuana from a Retail Marijuana Cultivation Facility and to purchase Retail Marijuana Product from a Retail Marijuana Products Manufacturing Facility and to sell Retail Marijuana and Retail Marijuana Product to consumers.

  • Casino means a casino as defined in section 1 of the KwaZulu-Natal Gaming and Betting Act, 2010 (Act No. 8 of 2010);

  • Market Operations Center means the equipment, facilities and personnel used by or on behalf of a Market Participant to communicate and coordinate with the Office of the Interconnection in connection with transactions in the PJM Interchange Energy Market or the operation of the PJM Region.

  • Dining area means a public room or area in which meals are regularly served.

  • Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.

  • Healing arts screening means the testing of human beings using x-ray machines for the detection or evaluation of health indications when such tests are not specifically and individually ordered by a licensed practitioner of the healing arts legally authorized to prescribe such x-ray tests for the purpose of diagnosis or treatment.

  • Alcoholic beverages means beverages that are suitable for human consumption and contain one-half of one percent or more of alcohol by volume.

  • Retail Marijuana means all parts of the plant of the genus cannabis whether growing or not, the seeds thereof, the resin extracted from any part of the plant, and every compound, manufacture, salt, derivative, mixture, or preparation of the plant, its seeds, or its resin, including but not limited to Retail Marijuana Concentrate, that is cultivated, manufactured, distributed, or sold by a licensed Retail Marijuana Business. “Retail Marijuana” does not include industrial hemp, nor does it include fiber produced from stalks, oil, or cake made from the seeds of the plant, sterilized seed of the plant which is incapable of germination, or the weight of any other Ingredient combined with marijuana to prepare topical or oral administrations, food, drink, or other product. If the context requires, Retail Marijuana includes Retail Marijuana Concentrate and Retail Marijuana Product.

  • Medical marijuana dispensary means the location from which a registered cardholder may obtain

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Marijuana retailer means a person who sells marijuana items to a consumer in this state.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Operating Area means those areas on-shore in India in which company or its affiliated company may from time to time be entitled to execute such services/operations.

  • Business Centre means each of the places so specified in the relevant Pricing Supplement.

  • Alcoholic beverage means a beverage that:

  • Theater means any establishment in which motion pictures are exhibited to the public regularly for a charge.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Transient space marketplace means an online marketplace

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.

  • Moving beam radiation therapy means radiation therapy with any planned displacement of radiation field or patient relative to each other, or with any planned change of absorbed dose distribution. It includes arc, skip, conformal, intensity modulation and rotational therapy.

  • Downtown area means the business area of a community that is centrally located within the community within the context of the Iowa main street program.

  • public open space means the securing of an area of a site at grade or street level which is acceptable to the City and is appropriately landscaped for the use and enjoyment of the public during reasonable hours.