Restaurant Property definition

Restaurant Property means a restaurant property owned by an Income Fund prior to the Company's acquisition of such Income Fund.
Sample 1Sample 2Sample 3
Restaurant Property means, with respect to any restaurant location, the real property, land, buildings, improvements, machinery and equipment, and structures comprising such restaurant or in which such restaurant is located.
Sample 1Sample 2
Restaurant Property means that portion of the Leased Property upon which the Restaurant building footprint is located, the Event Lawn, and such other portions of the Leased Property which from time to time JoePC may dedicate to the Restaurant or Event Lawn.
Sample 1

Examples of Restaurant Property in a sentence

  • The Partnership shall not acquire any Other Restaurant Properties within a two-mile radius of any Restricted Restaurant Property held as of March 17, 1995.

  • The obligation of BKC to make payments to the Partnership in connection with "rent relief" granted hereunder shall continue until the "rent relief" terminates (or, if sooner, the lease with respect to which the "rent relief" is granted terminates or expires), notwithstanding any intervening sale or other disposition by the Partnership of the Restricted Restaurant Property with respect to which such "rent relief" is granted.

  • Texas U.S. Restaurant Properties Operating L.P. Delaware Restaurant Property Partners, L.P. Texas USRP (West Virginia) Partners, L.P. Texas Restaurant Renovation Partners, L.P. Texas U.S. Restaurant Properties Development, L.P. Texas USRP (Carolina), Ltd.

  • Any acquisition of a Restricted Restaurant Property, whether by purchase, exchange or substitution, by a Person who is a General Partner or an Affiliate of a General Partner for consideration that is at least equal to the "fair market value" (as hereinafter defined) of such Restricted Restaurant Property, as determined by the Appraiser, conclusively shall be deemed to be fair and in the best interests of the Partnership.

  • The Managing General Partner shall have the right, in its sole and absolute discretion, to cause the Partnership to acquire fee title to any Restricted Restaurant Property that is subject to a Primary Lease, either pursuant to a right of first refusal on behalf of the Partnership set forth in such Primary Lease or otherwise.

  • Such appraisers (the "Seller"s Appraiser" and the "Purchaser's Appraiser") shall each independently appraise the value of the Restaurant Property in accordance with the standards set forth above.

  • There are no actions, suits or proceedings at law or in equity by or before any Governmental Authority or other agency or any claims, arbitrations or investigations now pending or threatened against or affecting the Borrower which actions, suits, proceedings, claims, arbitrations or investigations, if determined against the Borrower or the Restaurant Property, would have a Material Adverse Effect.

  • As collateral security for its obligations under the Loan Documents, including, without limitation, its obligations in respect of the Loan, Borrower hereby (i) grants to Lender the right to receive all Property Income to be received by or on behalf of Borrower from the Restaurant Property and (ii) pledges and assigns to Lender a continuing possessory lien upon and security interest in all of Borrower's right, title and interest in and to the Property Income from the Restaurant Property.

  • Telephone: (000) 000-0000 Telecopy: (000) 000-0000 If to Lessor: CH Restaurant Property, LLC c/o U.S. Realty Advisors LLC 0000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, XX 00000 Attention: Xx. Xxxxx X.

  • The Borrower shall manage the Restaurant Property in a first-class manner, and in the manner that an experienced and reputable, independent third-party manager would manage a first-class Restaurant property similar to the Restaurant Property.


More Definitions of Restaurant Property

Restaurant Property. That real property identified on EXHIBIT A labeled "Restaurant Property".
Sample 1
Restaurant Property with an address of 000 Xxxxx Xxxxx Xxxx., Xxxxxxxxx Xxxxx, Xxxxxxx Xxxxxx, Xxxxxxx as reflected in Exhibit “C”; and
Sample 1
Restaurant Property means all of Borrower's interest of every kind and description, now existing or hereafter acquired, in the restaurants listed in Exhibit A (the "Restaurants"), including, but not limited to, all of Borrower's interest in the Ground Lease, Improvements, FF&E, rents, all personal property, goods, accounts, contract rights, insurance proceeds, leases, inventory, goodwill, licenses, permits, approvals, intangibles and all appurtenant rights to each of the foregoing. "Restaurant Property" shall be deemed to include property rights in the Reston Restaurant as the same are developed, created and acquired by Borrower.
Sample 1
Restaurant Property shall be deemed to include property rights in the Reston Restaurant as the same are developed, created and acquired by Borrower.
Sample 1
Restaurant Property. See Section 8.9.
Sample 1
Restaurant Property meaning as retail food (with beverages) service facilities.
Sample 1

Related to Restaurant Property

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Vacant Property means, individually, and “Vacant Properties” means, collectively, the Properties listed on Schedule XI attached hereto which are not leased to or occupied by any Tenant as of the Cut-Off Date.

  • Joint Property means property that is owned by 2 or more persons with rights of survivorship, and includes a tenancy by the entireties in real property, a tenancy in personal property as provided in section 1 of 1927 PA 212, MCL 557.151, a joint tenancy, a joint tenancy with rights of survivorship, and a joint life estate with contingent remainder in fee. For purposes of this part, joint property is considered to consist of a present interest and a future interest. The future interest is the right of survivorship.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Operating Equipment means furniture, furnishings, special lighting fixtures, carpeting, draperies, decorations or other special finishing work, signs, appliances and trade fixtures and equipment that is furnished, installed or used by the Contractor in its operations on the Airport. It does not include Fixed Improvements, or repair or maintenance of Operating Equipment or Fixed Improvements or displays or decorations that are of a seasonal or temporary promotional nature.

  • Building Equipment shall have the meaning set forth in the Security Instrument.

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Restaurant means a business location:

  • Relevant Property means property of a kind affected by the transfer order, whether it is an estate or interest in land or any other property.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • New property means (i) the assessed value, after final

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

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

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Real Property Assets means, as of any time, the real property assets (including interests in participating mortgages in which the Borrower’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by the Borrower, EQR and the Consolidated Subsidiaries of either or both at such time.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.