Supervision Fee. Each Restaurant shall pay to the General Partner or its designee a fee (“Supervision Fee”) in consideration for the supervision and services provided by the General Partner or such designee. The initial Supervision Fee shall be established by the Company and shall be either a flat fee per Restaurant or a specified percentage of each Restaurant’s gross sales. The Supervision Fee shall be reviewed on an annual basis by the Company and may be increased or decreased by the Company from time to time in accordance with the Company’s criteria for establishing such fees for company owned restaurants. Outback Steakhouse of Houston-I, Ltd. 6
Appears in 1 contract
Sources: Agreement of Limited Partnership (Carrabba's/Colorado-I, Limited Partnership)
Supervision Fee. Each Restaurant shall pay to the General Partner or its designee a fee (“Supervision Fee”) in consideration for the supervision and services provided by the General Partner or such designee. The initial Supervision Fee shall be established by the Company and shall be either a flat fee per Restaurant or a specified percentage of each Restaurant’s gross sales. The Supervision Fee shall be reviewed on an annual basis by the Company and may be increased or decreased by the Company from time to time in accordance with the Company’s criteria for establishing such fees for company owned restaurants. Outback Steakhouse of HoustonDallas-I, Ltd. 6
Appears in 1 contract
Sources: Agreement of Limited Partnership (Carrabba's/Colorado-I, Limited Partnership)
Supervision Fee. Each Restaurant shall pay to the General Partner or its designee a fee (“Supervision Fee”) in consideration for the supervision and services provided by the General Partner or such designee. The initial Supervision Fee shall be established by the Company and shall be either a flat fee per Restaurant or a specified percentage of each Restaurant’s gross sales. The Supervision Fee shall be reviewed on an annual basis by the Company and may be increased or decreased by the Company from time to time in accordance with the Company’s criteria for establishing such fees for company owned restaurants. Outback Steakhouse of HoustonDallas-III, Ltd. 6
Appears in 1 contract
Sources: Agreement of Limited Partnership (Carrabba's/Colorado-I, Limited Partnership)
Supervision Fee. Each Restaurant shall pay to the General Partner or its designee a fee (“Supervision Fee”) in consideration for the supervision and services provided by the General Partner or such designee. The initial Supervision Fee shall be established by the Company and shall be either a flat fee per Restaurant or a specified percentage of each Restaurant’s gross sales. The Supervision Fee shall be reviewed on an annual basis by the Company and may be increased or decreased by the Company from time to time in accordance with the Company’s criteria for establishing such fees for company owned restaurants. Outback Steakhouse of Houston-III, Ltd. 6
Appears in 1 contract
Sources: Agreement of Limited Partnership (Carrabba's/Colorado-I, Limited Partnership)