Closing Stores definition

Closing Stores means those Stores (i) set forth on Schedule C, which Buyer hereby designates as Stores that will close on a Store-by-Store basis effective no later than the Sale Termination Date and (ii) otherwise identified to Agent by Buyer in writing following the Closing; provided, however, that at any time prior to the expiration of the Designation Rights Period applicable to a Closing Store Lease of a Closing Store, Buyer may notify Agent in writing that such Closing Store shall no longer be deemed to be a Closing Store and from and after delivery of such notice, such Store shall not be a Closing Store and such Lease shall not be a Closing Store Lease.
Sample 1Sample 2Sample 3
Closing Stores. The Borrower's Stores set forth on EXHIBIT 1.2 hereto which the Borrower has advised the Lender the Borrower intends to permanently close.
Sample 1
Closing Stores shall have the meaning set forth in Section 2.1.
Sample 1

Examples of Closing Stores in a sentence

  • Supplies have not been since October 15, 2008 and shall not be prior to the Sale Commencement Date, transferred by Merchant to or from the Closing Stores so as to alter the mix or quantity of supplies at the Closing Stores from that existing on such date, other than in the ordinary course of business.

  • Unless otherwise instructed by Merchant, Agent is directed to accept all returns at all Closing Stores in accordance with Merchant's return policies in effect on the Sale Commencement Date.

  • During the Sale Term, all Proceeds of the Sale (including credit card Proceeds), shall be deposited on a daily basis into Merchant’s existing accounts designated for the designated Closing Stores, but also are segregated and designated solely for the deposit of Proceeds of the Sale (including credit card Proceeds), and the disbursement of amounts payable by Agent hereunder (the “Designated Merchant Accounts”).

  • 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 Closing Store keys to Merchant.

  • The signage may, among things, notify customers of the change in operation status at the Closing Stores, advise customers that a store closing sale will be conducted at the Closing Stores, and identify other Merchant store locations that will not be closing.

  • For the avoidance of doubt, Purchaser (as distinguished from the JV Agent) shall not have any obligation to pay any Expenses with respect to any Closing Stores or the Indiana Distribution Center.

  • Agent shall have the right to use all existing supplies (e.g. boxes, bags, twine) located at the Closing Stores at no charge to Agent.

  • In the event that additional supplies are required in any of the Closing Stores during the Sale, Merchant agrees to promptly provide the same to Agent.

  • 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.

  • Agent shall complete the Sale at the Closing Stores, and shall vacate all of the Closing Store premises on or before December 31, 2008 (the “Sale Termination Date”) unless the Sale and the Sale Termination Date are extended by mutual agreement of Agent and Merchant following a commensurate extension of the expiry date of the Agent Letter of Credit, provided that Agent may terminate the Sale at any Closing Store location upon ten (10) days’ written notice to Merchant.


More Definitions of Closing Stores

Closing Stores means the Closing Stores under and as defined in the APA, as such Stores are from time to time designated as Closing Stores thereunder pursuant to the procedures set forth in the APA. Each Store that is not a Closing Store shall be referred to as a “Continuing Store” and, collectively, the “Continuing Stores”.
Sample 1
Closing Stores. Has the meaning given that term in the Senior Loan Agreement.
Sample 1
Closing Stores means certain of Merchant’s retail store locations identified by Merchant as “Closing Stores”, the initial list of which is annexed as Exhibit A.
Sample 1

Related to Closing Stores

  • Sellers has the meaning set forth in the preamble.

  • Locational UCAP Seller means a Member that sells Locational UCAP.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Seller Use means fuel used for gas compression, LPG plants and LNG plants, other gas needed by Seller's facilities to furnish the requirements of Buyers, together with unaccounted for gas. This gas shall be considered Included In Priority of Service Category 1. Other vital uses of Seller, such as flame stabilization requirements, will be met as long as such uses do not jeopardize service to its firm service Buyers.

  • Grocery store means any retail establishment, the business of which consists of the sale of food, food products, or beverages for consumption off the premises.

  • Closing Location means the location that all Proposals for this RFP will be accepted at.

  • Second Closing has the meaning set forth in Section 2.2.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Closing has the meaning set forth in Section 2.2.

  • Pre-Closing Straddle Period means the portion of the Straddle Period ending on the Closing Date.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Wholesale acquisition cost means the same as that term is defined in 42 U.S.C. Sec. 1395w-3a.

  • Closing Stock Price means the average closing price of one share of Common Stock for the twenty consecutive trading days that include and immediately precede the last day of the Performance Period.

  • Second Closing Date means the date of the Second Closing.

  • Seller Entities means the Seller and its affiliates other than the Buyer Entities;

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Seller has the meaning set forth in the Preamble.