Off Price Sale definition
Off Price Sale means the retail sale of merchandise on an everyday basis at prices reduced from those charged by full price retailers, such as full price department stores; provided, however, this definition shall not prohibit sales events by a retailer at a price discounted from that retailer's every day price;
Off Price Sale means the retail sale of merchandise on an every day basis at prices reduced from those charged by full price retailers, such as full price department stores; provided, however, this definition shall not prohibit sales events by a retailer at a price discounted from that retailer's every day price. (As of the Effective Date, examples of Off Price Sale retailers include such retailers as T.J. Maxx, Marshalls, ▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ Parades, Nordstrom Rack, Goody's, Factory 2U, Burlington Coat, Steinmart, Filene's Basement, and ▇▇▇▇▇'▇ Outlet.) A Kohl's department store shall not be deemed to be an Off-Price Sale retailer under this Lease and shall not be deemed to be a violation of this Section 15.3(a).
Off Price Sale means the retail sale of merchandise on an everyday basis at prices reduced from those charged by full price retailers, such as full price department stores; provided, however, this definition shall not prohibit sales events by a retailer at a price discounted from that retailer's every day price. Examples of Off Price Sale retailers include, but are not limited to, such retailers as T.J. Maxx, Marshall's, Nordstrom Rack, Goody's, Factory 2U, Burlington Coat, Steinmart, and Filene's Basement. This restriction shall automatically expire upon the earlier termination or expiration of the Lease agreement executed between ▇▇▇▇ Stores, Inc. and LCW Spartanburg, L.L.C. on August 5, 2002 for 30,146 square feet of space located at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Drive, Suite C, said Lease Agreement being further described in the Memorandum of Lease executed between the same parties and recorded on in Book 76-L at Page 667 in the Spartanburg County records.