Franchised Restaurants definition

Franchised Restaurants means, collectively, the Contributed Franchised Restaurants and the New Franchised Restaurants.

Franchised Restaurants means a Branded Restaurant owned and operated by a Franchisee.

Franchised Restaurants means all restaurants, other than Company Restaurants, which, either as of the date of this Agreement or from time to time during the term of this Agreement, are licensed by the Company to offer to customers any of the Proprietary Products.

Examples of Franchised Restaurants in a sentence

• In the event of any bona fide dispute as to the liability for a tax assessed against it, Franchisee may contest the validity or the amount of the tax in accordance with the procedures of the taxing Authority; provided, however, that Franchisee shall not permit a tax sale or seizure against the Franchised Restaurants, Locations or equipment used in the Franchised Restaurants.

• Such material financial obligations include, but are not limited to, (a) payment of supplier and distributor invoices for the purchase of goods and services used in connection with the Franchised Restaurants; (b) monthly rent and other charges due to lessors of the Locations; and (c) debt service and other payments to Franchisee’s lenders.

• Franchisee shall hire all employees of the Franchised Restaurants and shall be solely responsible for the terms of their employment and compensation.

• Franchisee will as soon as practicable notify FRANCHISOR, and provide any details reasonably requested by FRANCHISOR, of any legal action taken, or circumstances which could in the opinion of Franchisee reasonably lead to legal action being taken against Franchisee, FRANCHISOR or its Affiliates, including by a customer or any regulatory Authority, and of any likely adverse publicity in relation to Franchisee or the Franchised Restaurants.

• Franchisee shall not use potential improvements or new features at any of the Franchised Restaurants unless and until first approved by FRANCHISOR.

More Definitions of Franchised Restaurants

Franchised Restaurants means the Burger King Restaurants operated by Franchisees pursuant to Franchise Agreements, and a “Franchised Restaurant” means any of them.

Franchised Restaurants means, collectively, the Popeyes Restaurants operated by Franchisees pursuant to Franchise Agreements. CERTAIN PORTIONS OF THE EXHIBIT THAT ARE NOT MATERIAL AND IS THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL HAVE BEEN REDACTED PURSUANT TO ITEM 601(b)(10)(iv) OF REGULATION S-K. [****] INDICATES THAT INFORMATION HAS BEEN REDACTED.

Franchised Restaurants means the Branded Restaurants that are subject to a Contributed Franchise Agreement or a New Franchise Agreement.

Franchised Restaurants means, collectively, all Branded Restaurants that are owned and operated by Franchisees that are unaffiliated with Xxxx in the Box Inc. and its Affiliates pursuant to a Franchise Agreement.

Franchised Restaurants means, collectively, the Original Closing Date Franchised Restaurants and the New Franchised Restaurants.

Franchised Restaurants means restaurants operated by Franchisees under the Franchise Agreements using any components of the Business Intellectual Property.

Franchised Restaurants means, collectively, all Branded Restaurants that are owned and operated by Franchisees that are unaffiliated with Jack in the Box Inc. and its Affiliates pursuant to a Franchise Agreement.