There is consistent proximity throughout the logotype. The negative space forming the "N" makes sense with the name because looking at the logotype engages the audience when locating the "N". I also think the logotype font works well bold.
Visual identity // Meat Bread- Vancouver by creative studio Glasfurd Walker, also based in Vancouver. The studio was approached to create a strong, masculine identity and brand design which communicates the restaurant’s simple and uncomplicated offer.