Turnkey Properties definition

Turnkey Properties means restaurants (including related buildings, land and equipment) sold or leased by the Borrower to franchisees or potential franchisees in the ordinary course of business.

Examples of Turnkey Properties in a sentence

  • Further, the Turnkey Properties case (supra) stressed that the possibility of damages being an adequate remedy should always be borne in mind.

  • In the Turnkey Properties case (supra), the Supreme Court held that an interim injunction is appropriate for the preservation or restoration of a particular situation pending trial.