Examples of Closing Store in a sentence
In the event the Agent fails to provide Merchant with such timely notice, Agent shall be liable for and pay the actual amounts payable to landlords for the days by which notice of a Closing Store closing was less than ten (10) days.
Agent shall vacate the Closing Stores on or before the Sale Termination Date, as provided for herein, at which time Agent shall surrender and deliver the Closing Store premises and Store keys to Merchant.
Subject to the prior expiration of the term of any Store Lease (as reflected on Exhibit 4.1(s)), the Agent shall complete the Sale at each Closing Store and vacate such Closing Store, leaving it in broom-clean condition by no later than , 2008 (the “Sale Termination Date”, and the period from the Sale Commencement Date to the Sale Termination Date as to each Store being the “Sale Term”), unless the Sale is extended by mutual written agreement of Merchant and Agent.
At the conclusion of the Sale, Xxxxx agrees to leave each Closing Store in “broom clean” condition, ordinary wear and tear excepted, except for unsold items of FF&E (except as provided for in Section 15.9 below).
In addition to any other rights granted to Agent elsewhere in this Agreement, Agent shall be permitted to conduct the Sale as follows: (i) at the Closing Stores by means of Closing Store Advertising, (ii) at the Continuing Stores through Continuing Store Advertising, and (iii) through E-Commerce Sites through Continuing Store Advertising, in each case throughout the Sale Term without compliance with any Liquidation Sale Laws.
If Buyer adds a Store location as a Closing Store in accordance with the procedures set forth in APA, then, subject to Agent’s written consent, but without any further action of any person or entity or further order of the Bankruptcy Court, the Store locations constituting “Closing Stores” hereunder shall automatically be deemed to have been amended, effective as of the time when such addition under the APA is effectuated and Agent has consented in writing, in order to give effect to such addition.
Except as set forth on Schedule 5.5, Seller owns good and marketable title to the Purchased Assets and Closing Store Assets, and, subject to the entry of the Sale Order, Purchaser will be vested with good and marketable title to such Purchased Assets and be permitted to dispose of the Closing Store Assets, free and clear of all Liens, other than Permitted Exceptions, to the fullest extent permissible under Section 363(f) of the Bankruptcy Code.
For the avoidance of doubt, Buyer (as distinguished from the JV Agent) shall not have any obligation to pay any Expenses with respect to any Closing Stores to the extent such Expenses arise prior to the occurrence of the Vacate Date (as defined in the Agency Agreement) with respect to such Closing Store.
Each Store that is not a Closing Store shall be referred to as a “Continuing Store” and, collectively, the “Continuing Stores”.
At the conclusion of the Sale, Agent agrees to leave each Closing Store in “broom clean” condition, ordinary wear and tear excepted, except for unsold items of FF&E (except as provided for in Section 15.9 below).