Pizza Hut Restaurants definition

Pizza Hut Restaurants means the Pizza Hut and Wing Street restaurants owned and operated by Holdings or any of its Restricted Subsidiaries on the Original Closing Date, and any other Pizza Hut restaurants in which Holdings or any of its Subsidiaries acquires an interest and operates after the Original Closing Date.
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Examples of Pizza Hut Restaurants in a sentence

  • Since liabilities applicable to Pizza Hut Restaurants have not been identified and presented, separate statements of cash flows are not presented.

  • As described in Note 2(a), the accompanying Statements of Revenues and Direct Operating Expenses of Pizza Hut Restaurants include all costs applicable to Pizza Hut Restaurants which were incurred in connection with the operation of Pizza Hut Restaurants and for which specific identification was practical.

  • The Statements of Assets Acquired and Liabilities Assumed represent the assets of Pizza Hut Restaurants which are expected to be acquired by NPC and exclude land and buildings owned by Pizza Hut, Inc., which will be leased by NPC from Pizza Hut, Inc.

  • Pizza Hut Restaurants recognizes revenue when products are sold at the point of sale.

  • If a long-lived asset or asset group is tested for possible impairment, Pizza Hut Restaurants first compares undiscounted cash flows expected to be generated by an asset or asset group to the carrying value of the asset or asset group.

  • The primary penalty in these instances is the detriment associated with the leasehold improvements which might be impaired if Pizza Hut Restaurants chooses not to exercise renewal options.

  • Pizza Hut Restaurants is operated by Pizza Hut, Inc., a wholly-owned subsidiary of YUM! Brands, Inc., and is composed of quick service restaurants and delivery-carryout facilities featuring the sale of American and Italian cuisine.

  • The lease term includes option periods for which failure to renew the lease imposes a penalty on Pizza Hut Restaurants in such an amount that a renewal appears, at the inception of the lease, to be reasonably assured.

  • Pizza Hut Restaurants has commitments under several noncancelable operating leases for restaurant space that expire over the next 20 years.

  • Certain costs incurred by Pizza Hut, Inc., which represent the cost of doing business and for which specific identification to an individual restaurant is not practical, have been allocated to Pizza Hut Restaurants based on an average cost-per-restaurant, unless another reasonable method of allocation resulted in a more precise cost allocation.

Related to Pizza Hut Restaurants

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

  • Restaurant means a business location:

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

  • 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.

  • 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.

  • Brand means the brand name set forth in the Addendum.

  • Cookie means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in Part 14, below; and

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

  • Brands means the Sprint PCS Brands and the Sprint Brands.

  • Playground means a public outdoor recreation area for children, usually equipped with swings, slides, and other playground equipment, owned and/or managed by a city, county, state, or federal government.

  • Host means any plant or animal on or in which another lives for nourishment, development, or protection.

  • Franchisee means a person to whom a franchise is granted.