Jobber Contracts definition
Jobber Contracts pursuant to which Seller has granted the right to use the Clark name to an owner or operator of a Branded Retail Store. "GAAP" shall mean generally accepted accounting principles as in effect in the United States consistently applied. "Governmental Authority" shall mean any government or state (or any subdivision thereof), whether domestic, foreign or multinational, or any agency, authority, bureau, commission, department or similar body or instrumentality thereof, or any governmental court or tribunal. "Hazardous Waste Site" means any site or location other than on Real Property, wherever located (including any well, pit, pond, lagoon, tailings pile, spoil pile, impoundment, ditch, trench, drain, landfill, warehouse or waste storage container) where Materials of Environmental Concern have been deposited, stored, treated, reclaimed, disposed of, placed or otherwise come to be located. "HSR Act" shall mean the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. "▇▇▇▇▇▇l Note Amount" shall mean an amount equal to $230,000,000 minus the Total Equity Amount, subject to adjustment pursuant to Sections 2.5(c), (d) and (e). "Identified Contamination Site" means any parcel of Real Property identified under "Environmental Matters: Identified Contamination Sites" on Schedule 3.17 and any other Real Property at which a release of Materials of Environmental Concern has been reported to an applicable Governmental Authority (other than Remediated Sites) prior to the date hereof. "IRS" shall mean the Internal Revenue Service.
Examples of Jobber Contracts in a sentence
Each Party hereby releases the other Parties from any and all Liabilities for any such shortfall or excess other than the obligation to adjust the Base Purchase Price by the value of the Assigned Branded Jobber Contracts Adjustment in accordance with Section 7.3.1.