Retail Assets definition
Retail Assets means property (tangible and intangible) that is used, ------------- sold or consumed in a Retail Business.
Retail Assets means the retail assets owned by the Company located on the islands of Oahu, Maui and Hawaii at which fuel products and merchandise are marketed and sold to retail customers, and related assets, as set forth in Exhibit F to this Agreement.
Retail Assets means, for each Retail Site, all fee or leasehold interests of Respondents in the Retail Site, and all of Respondents’ interest in all assets, tangible or intangible, that are used at that Retail Site, including, but not limited to, all permits, licenses, consents, contracts, and agreements used in the operation of the Retail Site, and the non-exclusive right to use all patents, know-how, and other intellectual property used by Respondents in the operation of the Retail Sites. “Retail Assets” also includes all of Respondents’ interest in all assets
Examples of Retail Assets in a sentence
In his overall experience of over 15 years, he has worked across various domains including BFSI, Corporate Global Market Operations, Project Management, Quality Assurance and setting up Retail Assets Technology platform.He is a MBA, CAIIB and certified Six Sigma Green Belt, who has garnered rich experience across institutions namely ICICI, Kotak Bank, Reliance Capital and IndusInd Bank.
FINAL INSPECTION: At the conclusion of the work, the contractor shall demonstrate to the authorized owners representative that the work is fully operational and in compliance with contract specifications and codes.
The policy reflects the Bank's approach towards lending to corporate clients in light of prevailing business environment and regulatory stipulations.The Bank's Credit Policy also details the standards, processes and systems for growing and maintaining its Retail Assets portfolio.
The Bank has put in place Commercial Credit Policy, Investment Policy, Recovery Policy, Risk Management Policy, Policy on Transfer of Asset through Securitization & Direct Assignment of cash flows, Retail Assets Credit Policy duly approved by the Board whereby credit risk can be identified, quantified and managed within the framework that is considered consistent with the scale, size of business and risk appetite of the Bank.
Also includes 500 shares of Series I Convertible Preferred Stock issued to KBB Retail Assets Corp.
More Definitions of Retail Assets
Retail Assets has the meaning given to such term in Section 3.7;
Retail Assets also includes all fee and leasehold interests of Respondents in real property that, as of October 1, 1999, was intended for use by Respondents as a Retail Site and all permits, licenses, consents, contracts, and agreements intended for use or used with respect to that real property. “Retail Assets” also includes all of Respondents’ interest in all assets relating to all ancillary businesses (including, but not limited to, automobile mechanical service, convenience store, restaurant or car wash) located at each Retail Site, including all permits, licenses, consents, contracts, and agreements used in the operation of the ancillary businesses, and the non-exclusive right to use all know-how, patents, and other intellectual property used in the operation of the ancillary businesses. “Retail Assets” also includes, at the acquirer’s option, all tank trucks and all contracts with all other Persons for supplying Branded Fuels to the Retail Sites. “Retail Assets” does not include Respondents’ proprietary trademarks, trade names, logos, trade dress, identification signs, additized product inventory, petroleum franchise agreements, Business Format Franchise agreements, petroleum product supply agreements, credit card agreements, satellite-based or centralized credit card processing equipment not incorporated in gasoline dispensers, or system-wide software and databases, or, except as provided above, know-how, patents, and other intellectual property. In the event that Respondents are unable to satisfy all conditions necessary to divest any intangible asset, Respondents shall: (1) with respect to permits, licenses or other rights granted by governmental authorities (other than patents), provide such assistance as the acquirer may reasonably request in the acquirer’s efforts to obtain comparable permits, licenses or rights, and (2) with respect to other intangible assets (other than patents), substitute equivalent assets, subject to Commission approval. A substituted asset will not be deemed to be equivalent unless it enables the Retail Site to perform the same function at the same or less cost. With respect to Turnpike Retail Assets, Respondents shall make good faith, diligent efforts, including, but not limited to, offering to compensate and compensating any pecuniary loss under applicable law to the States, to assign or otherwise convey their rights to the acquirer or to terminate Respondents’ rights, but Respondents’ failure to assign or terminate such rights due t...
Retail Assets does not include Respondents’ proprietary trademarks, trade names, logos, trade dress, identification signs, additized product inventory, petroleum franchise agreements, Business Format Franchise agreements, petroleum product supply agreements, credit card agreements, satellite-based or centralized credit card processing equipment not incorporated in gasoline dispensers, or system-wide software and databases, or, except as provided above, know-how, patents, and other intellectual property. In the event that Respondents are unable to satisfy all conditions necessary to divest any intangible asset, Respondents shall: (1) with respect to permits, licenses or other rights granted by governmental authorities (other than patents), provide such assistance as the acquirer may reasonably request in the acquirer’s efforts to obtain comparable permits, licenses or rights, and (2) with respect to other intangible assets (other than patents), substitute equivalent assets, subject to Commission approval. A substituted asset will not be deemed to be equivalent unless it enables the Retail Site to perform the same function at the same or less cost. With respect to Turnpike Retail Assets, Respondents shall make good faith, diligent efforts, including, but not limited to, offering to compensate and compensating any pecuniary loss under applicable law to the States, to assign or otherwise convey their rights to the acquirer or to terminate Respondents’ rights, but Respondents’ failure to assign or terminate such rights due to a State’s refusal to accede to such an assignment or termination, Respondents having made such good faith, diligent efforts, shall not constitute non-compliance with this Order. Turnpike Retail Assets that Respondents fail to assign or terminate shall be included among the Retail Sites from which the percentages in Paragraph XV are calculated.
Retail Assets means, for each Retail Site, all assets, tangible or intangible, that are used at that Retail Site, including but not limited to all related permits and contracts, and all assets relating to all ancillary businesses (such as automobile mechanical service, convenience store, restaurant or car wash) located at each Retail Site. Respondents shall make good faith, diligent efforts to obtain all third- party approvals necessary to convey all licenses, permits, consents and ancillary businesses with each Retail Site. "Retail Assets" do not include Respondents’ proprietary trademarks, trade names, logos, trade dress, identification signs, additized product inventory, petroleum franchise agreements, petroleum product supply agreements, credit card agreements, satellite-based or centralized credit card processing equipment not incorporated in gasoline dispensers, or system- wide software and databases. Upon divestiture, Respondents shall cancel all dealer leases, dealer loans, building incentive agreements, and related dealer agreements between Respondents and their lessee dealers applicable to divested Retail Sites.
Retail Assets means the “Acquired Assets” as defined in the Retail APA.
Retail Assets means, for each Gasoline Outlet, all of Respondents’ interests in the Gasoline Outlet, and includes:
Retail Assets means the Purchased Retail Assets and the Excluded Retail Assets;