Apparel Business definition

Apparel Business means Fruit of the Loom's basic apparel business described in the first recital to the APA, the assets of which described in sections 1.01(a) and 1.03(a) of the APA shall be acquired by the Purchaser and the liabilities of which described in section 1.03(f) of the APA shall be assumed by the Purchaser, in each case, from the Sellers as set forth in the APA.
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Apparel Business means the development, design, production, marketing, distribution and sale by Seller of women's and girl's apparel under the Trademarks.
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Apparel Business collectively, (a) the businesses of the manufacture, wholesale sale and/or retail sale of clothing garments and other wearing apparel or allied or complementary products for men, women or children, including accessories, fragrances, eyewear, watches, home products, cosmetics and footwear, or of any component materials thereof, (b) the business of granting licenses of the trademarks, tradenames and other similar property to other Persons for the manufacture and/or sale of such products of any nature by such Persons and (c) activities related or ancillary to, or extensions of, the businesses and activities described clauses (a) and (b) above. "Applicable Documentary L/C Fee Rate": 0.200%; provided, that on and after the date that is 90 days after the Closing Date, the Applicable Documentary L/C Fee Rate will be determined pursuant to the Pricing Grid.
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Examples of Apparel Business in a sentence

  • For example, and without limitation, transfers of interests in real property used in the Branded Apparel Business shall be governed by the Real Estate Matters Agreement.

  • The sole purpose of the Seller is and at all times has been to engage in the Davco Apparel Business, and the Seller has no assets, properties, liabilities or obligations other than those relating to said Davco Apparel Business.

  • The use of all of the Seller's premises for the conduct of the Davco Apparel Business is permissible under applicable state and local land use and zoning requirements.

  • The quality and quantity of Inventory included in the Purchased Assets (or under binding purchase orders to vendors disclosed on Schedule 1.5) is sufficient to conduct the Davco Apparel Business consistent with past practices and to satisfy, on a timely basis, all open purchase orders from customers.

  • Davco Fashion Accessories, Inc., a New York corporation ("DFA"), which formerly employed CH, is totally unrelated to the Davco Apparel Business and none of the Seller, the Shareholders, DAC, DEL or their affiliates of have any direct or indirect ownership or interest in DFA nor any obligation for the liabilities of DFA.

  • The access to Information, witnesses and individuals being granted pursuant to Sections 5.2 and the disclosure to HBI and ▇▇▇▇ ▇▇▇ of Privileged Information relating to the Branded Apparel Business or the ▇▇▇▇ ▇▇▇ Business pursuant to this Agreement in connection with the Separation shall not be asserted by ▇▇▇▇ ▇▇▇ or HBI to constitute, or otherwise deemed, a waiver of any Privilege that has been or may be asserted under this Section 5.4 or otherwise.

  • The financial information concerning the Branded Apparel Business and the Borrower and its Subsidiaries and the management, corporate and legal structure of the Borrower and each of the Subsidiary Guarantors contained in the Borrower’s Form 10 filed with the Securities and Exchange Commission in connection with the Spin-Off, including all amendments and modifications thereto, shall be consistent in all material respects with the information previously provided to the Lead Arrangers and the other Lenders.

  • Prior to the Separation Date, HBI shall purchase all of the motor vehicle pool vehicles, trucks, forklifts and computer, telephone and other equipment leased by HBI and its Subsidiaries through the PHH Agreements and used in the Branded Apparel Business and that are part of the HBI Assets.

  • The Seller's business and assets, including its Davco Apparel Business, are owned and operated by the corporate entity of the Seller directly and exclusively and NOT through (i) a direct or indirect affiliate, subsidiary, partnership, joint venture, limited liability company or other entity of any kind, (ii) any stockholder or affiliate thereof or (iii) DEL, or (iv) DAC, except that DAC is the tenant of record of certain leases utilized by the Davco Apparel Business identified on Schedule 1.12.

  • The financial information concerning the Branded Apparel Business and the Borrower and its Subsidiaries contained in the Borrower’s Form 10 filed with the Securities and Exchange Commission in connection with the Spin-Off, including all amendments and modifications thereto, is consistent in all material respects with the information previously provided to the Lead Arrangers and the Lenders.


More Definitions of Apparel Business

Apparel Business means the business, as conducted by the Company and its Subsidiaries, of designing, manufacturing, procuring, marketing, licensing, selling (including through retail and outlet stores, concessions and e-commerce sites) and distributing sportswear, suits, dresses, contemporary apparel and jeanswear products (but excluding the Company’s management information systems and general and administrative support services from accounting, audit, compliance, customs, legal, treasury, finance, tax, human resources, risk management, logistics, marketing, customer service/allocation or other administrative groups (the “Corporate Level Services”));
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Apparel Business shall have the meaning assigned to the term ---------------- "Apparel Fabrics Business" in the Master Separation Agreement.
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Related to Apparel Business

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Retail business means a business which sells its product directly to a consumer.

  • Local Business means a business serving as a contractor as defined in Business and Professions Code section 7026 or a business supplying construction-related materials that has its principal headquarters or permanently staffed regional office and that has held a business license within the zip codes listed above for Local Hire for a minimum of three months prior to the date the entity submits a bid, contract, or proposal for a Public Project. A Local Business contractor must also be properly registered with the Department of Industrial Relations in accordance with Labor Code section 1725.5. Local Business shall also mean any state or nationally certified minority-owned, women-owned, or disabled veteran business that has performed work for the District or other public agency within the zip codes listed above for Local Hire during the past four years. Certification for a disabled veteran business must be provided to the District. Local Business shall also mean a business that participates in an internship program that is currently approved or recognized by the District. The entity may also apply to obtain District approval of its internship program. The internship program must be approved by the District and must be completed by the end of the specific Public Project or by the next semester immediately after completion of the specific Public Project. Local Business shall also mean any entity that uses apprentices from a District approved apprenticeship program.

  • Supply Business means the licensed business of the Licensee and any