Performance Apparel definition
Performance Apparel means all apparel that has unique construction (e.g., compression gear) or fabrications (e.g., moisture-wicking) that assist the wearer during sport, exercise or general athletic tasks in all types of weather, but excluding heavy outerwear and rainwear. In order to constitute “Performance Apparel,” the special characteristics must also be marketed as a feature of the product through hangtags, jock tags, or other labels on the product.
Examples of Performance Apparel in a sentence
THIS COLLATERAL ASSIGNMENT OF LEASE (“Assignment”) is made as of the date of the last signature below, among (1) K.P. SPORTS, INC., a Maryland corporation (“Assignor”), having an address c/o Under Armour Performance Apparel, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, Baltimore, Maryland 21230, (2) PRUDENT CAPITAL I, LP, a Maryland limited partnership (the “Assignee”) having an address at , and (3) HULL POINT, LLC (“Landlord”) having an address at Tide Point, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇.
Indeed, in the March 2019 edition of Business Credit magazine, we discussed another recent decision in the Sports Authority bankruptcy cases involving a dif- ferent unperfected consignor, Performance Apparel Corp.