New Restaurants definition

New Restaurants means (i) newly-constructed or acquired restaurants and (ii) each existing restaurant with respect to which the Issuer or any of its Restricted Subsidiaries has expended in aggregate more than $300,000 in capital expenditures during the period beginning on the date which is twelve months prior to the first date of the period for which EBITDA shall have been calculated in accordance with the determination of the Fixed Charge Coverage Ratio, Secured Leverage Ratio or Total Leverage Ratio as the case may be.
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New Restaurants means (i) newly constructed, acquired or equipped restaurants and (ii) existing restaurants which are undergoing or will undergo a substantial modernization.
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New Restaurants has the meaning set forth in Section 1.4(b)(i).
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Examples of New Restaurants in a sentence

  • Terms not otherwise defined in this Note shall have the meanings specified in the Procedures for Resolving Disputes Relating to the Development of New Restaurants (the “ADR Procedures”) promulgated by EPL.

  • Opening New Restaurants In Existing Markets And Aggressive Development Could Cannibalize Existing Sales And May Negatively Affect Sales At Existing Restaurants.The Company and Rapid Fired Franchising and/or Hot Head Franchising intend to continue opening new restaurants in existing markets.

  • Table of Contents New Restaurants Added to Our Existing Markets May Take Sales From Existing RestaurantsNew restaurants added to our existing markets, whether by us or others, may take sales away from our existing restaurants.

  • The terms under which Buyer will develop such New Restaurants will be set forth in a separate Development Agreement (the "Development Agreement").

  • Restaurant Openings New Restaurant Openings 18 to 22 Same-Restaurant Sales Total +3.0 to +3.5% Tax Rate Annual Effective Rate 23% to 25% Capital Expenditures ($ millions) Total $230 - $255 New Restaurants $85 Refresh/Maintenance/Other $145 - $170 Adjusted Earnings per Diluted Share1 Total $3.48 to $3.52 Growth2 36% to 38% 1 Excludes real estate implementation and debt retirement costs.

  • How New Restaurants Will Fit Into The Tasty Equity Business In addition to the four existing restaurants and the one originally scheduled to open in Fall of 2019 that was delayed due to the launch of our Offering and is now on hold with deposits outstanding until the COVID-19 related disrupted market conditions stabilize.

  • If at any time during the Term the Fountain Account opens or acquires additional Restaurants where post-mix products are or will be sold ("New Restaurants"), the Product will also be dispensed at such New Restaurants under the same terms, obligations and marketing plan of this Agreement.

  • Tenant shall select, in its sole discretion, which of the New Restaurants shall be utilized by Tenant as the Premises (as defined below).

  • The terms under which Buyer will operate the fifteen (15) Existing and New Restaurants (collectively referred to as the "Restaurants") will be set forth in separate Operating Agreements for each applicable restaurant (the "Operating Agreements").

  • Not later than May 1, 2005, Landlord shall provide Tenant with dimensioned preliminary site plans, elevations and sections concerning the Retail/Restaurant Space (collectively, the “Preliminary Site Plan”) which Preliminary Site Plan shall specify the locations, elevations, footprints and configurations of the New Restaurants.

Related to New Restaurants

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

  • Restaurant means a business location:

  • Cart means a plastic Container with a hinged lid and wheels that is serviced by an automated or semi- automated Collection vehicle. A Cart has capacity of 20, 35, 64 or 96 gallons (or similar volumes).

  • Communications Equipment means the communications equipment of the Licensee and its affiliates, including, without limitation, cabinets, racks, electronic equipment and other similar equipment.

  • Recreational Facilities means spas, saunas, steam baths, swimming pools, exercise, entertainment, athletic, playground or other similar equipment and associated accessories.

  • Supermarket means any full-line retail grocery store that enables customers to purchase substantially all of their weekly food and grocery shopping requirements in a single shopping visit with substantial offerings in each of the following product categories: bread and baked goods; dairy products; refrigerated food and beverage products; frozen food and beverage products; fresh and prepared meats and poultry; fresh fruits and vegetables; shelf- stable food and beverage products, including canned, jarred, bottled, boxed, and other types of packaged products; staple foodstuffs, which may include salt, sugar, flour, sauces, spices, coffee, tea, and other staples; other grocery products, including nonfood items such as soaps, detergents, paper goods, other household products, and health and beauty aids; pharmaceutical products and pharmacy services (where provided); and, to the extent permitted by law, wine, beer, and/or distilled spirits.

  • Kiosk means a department in a RIME Store.

  • Stores means the goods specified in the Supply Order or schedule which the supplier / contractor has agreed to supply under contract.

  • Parking Facilities means parking lots or other off-street areas for the parking of vehicles, including areas below or above the surface of streets.

  • Generating Facilities means Interconnection Customer’s device for the production and/or storage for later injection of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities. Generation Interconnection Customer:

  • Signage means advertising displays, hoardings, Glow signs, neon signs, LED signs, LCD signs, any digital signs, any sort of display intended to convey information and described in the schedule.

  • Retail Store – means any business facility that sells goods directly to the consumer whether for or not-for-profit, including, but not limited to, retail stores, restaurants, pharmacies, convenience and grocery stores, liquor stores, as well as seasonal and temporary businesses.

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

  • Gaming Facility means any gaming establishment, facility and other property or assets ancillary or related thereto or used in connection therewith, including, without limitation, any casinos, hotels, resorts, theaters, parking facilities, timeshare operations, retail shops, restaurants, other buildings, land, golf courses and other recreation and entertainment facilities, marinas, vessels and related equipment.