Branded Retail Store definition

Branded Retail Store means each Retail Store identified as "Branded Retail Store: Franchisee operated" on Schedule 1.1(a), including those Retail Stores identified as "Retail Stores: Non-Branded" on such Schedule. "Business" shall mean the retail marketing of gasoline, convenience store products and other items through gasoline and convenience stores and independently-operated branded gasoline and convenience stores as conducted by Seller. "Business Day" shall mean any day that is not a Saturday, a Sunday or a legal holiday on which banking institutions in the State of New York are not required to open. "Claims" shall have the meaning set forth in Section 2.1(j). "Closing" shall have the meaning set forth in Section 2.7. "Closing Balance Sheet" shall have the meaning set forth in Section 2.8(a). "Closing Date" shall mean the date at which the Closing actually occurs. "Closing Financial Data" shall have the meaning set forth in Section 2.8(b). "Closing Working Capital" shall have the meaning set forth in Section 2.8(a). "Code" shall mean the Internal Revenue Code of 1986, as amended, and any successor thereto. "Corporate Office" means the corporate office of Seller located at 8182 Maryland Avenue, St. Louis, Missouri, that provides certain ▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇. "▇▇▇▇" of a person means: (i) all obligations of such person for borrowed money; (ii) all obligations of such person evidenced by bonds, debentures, notes or other instruments; (iii) all obligations of such person to pay the deferred purchase price of property or services; (iv) all capitalized lease obligations of such person and (v) all obligations or liabilities of others secured by a Lien on any asset owned by such person, whether or not such obligation or liability is assumed by such person. "Deeds" means those special warranty deeds to be executed and delivered by Seller to Retail Sub on the Closing Date, substantially in the form of Exhibit D, whereby Seller conveys the Owned Real Property to Retail Sub (which will not contain any covenants in favor of any person other than Retail Sub unless such covenant is necessary to obtain Title Insurance Policies as required by the Title Insurer). "employee benefit plan" shall mean "employee benefit plan" within the meaning of section 3(3) of ERISA.
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Examples of Branded Retail Store in a sentence

  • Licensor’s interest in the assets of the Branded Retail Store will constitute a lien thereon and may not be impaired or terminated by the sale or other transfer of any of those assets to a third party.

  • After two (2) years from the Effective Date of this Agreement, the Minimum Business Requirement shall no longer apply and Licensor shall be entitled to purchase any Branded Retail Store, regardless of how long such Branded Retail Store was open.

  • For purposes of clarity, “Date of Opening” shall mean the first day any Branded Retail Store commences with selling the Licensed Products to the public.

  • The Purchase Option shall not apply to any Operating Subsidiary that is not operating as a Branded Retail Store.

  • Licensee must maintain reasonable commercial general liability Insurance that covers each Operating Subsidiary and each Branded Retail Store.

  • Licensee must immediately notify Licensor in writing of any claim, violation, litigation or proceeding that arises from or affects the operation or financial condition of any Branded Retail Store.

  • Each Operating Subsidiary will be entitled (but not obligated), upon prior written consent of Licensor, to operate as a Branded Retail Store.

  • Pursuant to the license granted herein, Licensee agrees to use the name “Cookies” as the trade name of each Branded Retail Store and neither Licensee nor any Operating Subsidiary may use any other ▇▇▇▇ or words to identify a Branded Retail Store without Licensee’s prior written consent.

  • If Licensee or any Operating Subsidiary or Branded Retail Store desires to offer delivery service to customers, such delivery services must comply with Applicable Law.

  • Licensee acknowledges that Other Branded Stores may in the future be located in close proximity to a Branded Retail Store outside the Territory.