Store Contribution definition

Store Contribution means for any Location, total store revenues generated at such Location less direct operating expenses for such Location determined in a manner consistent with those used by Borrower in preparation of its Securities and Exchange Commission filings and press releases as of the date of this Agreement.

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Store Contribution means the amount by which the revenues for a store during the twelve (12) months ended August 26, 2006 exceed that store’s Operating Expenses. “Operating Expenses” for a store are its rent, occupancy costs (including utilities, common area maintenance and taxes), amortization of tenant allowances, depreciation, employee costs, and advertising and promotional expenses (and in the case of promotional expenses or advertisements in a geographic region for the benefit of multiple stores, a pro rata portion of such promotional and advertising expenses), cost of merchandise sold, shrinkage, freight, credit card fees and other expenses associated with operating the store and do not include pre opening expenses.

Store Contribution. Section 6.17.1 "Store Schedule" Section 6.17 "Target Net Asset Amount" Section 3.4(a) "Tax Loss" Section 6.7(c)(i) "Transfer Taxes" Section 6.7(e) "Transitional Services Agreement" Section 7.2 "Undelivered Leases" Section 4.5.2

Examples of Store Contribution in a sentence

Store Contribution is defined as Gross Profit less Direct Store Operating Expenses (excluding depreciation).
The term "Assumed Store Contribution" shall mean 66% of the weighted average Store Contribution (such weighting to be based on sales volumes) for the applicable fiscal year for Similar Sales Volume Stores of Seller in the case of a New Seller Store or of Buyer in the case of a New Buyer Store.
Maintain Aggregate Store Contribution of (1) as of the end of each of the first 12 months following the Closing Date in an amount equal to or greater than $5,000,000, minus the lesser of (i) the Add-Back Credit or (ii) $1,000,000, and (2) thereafter, equal to or greater than $5,000,000, in each case measured as of the end of each calendar month on a trailing 12 month basis.
The Borrower shall maintain for each period of four consecutive fiscal quarters of the Borrower, an Average Per Store Contribution to Profit of Ninety Thousand Dollars ($90,000).
Seller shall have delivered to Buyer an amendment to the Mall Maintenance Agreement extending the "Department Store Contribution Period," substantially in the form of Exhibit P and signed by the May Company, Gallery Market Holding Company and the RDA, together with an estoppel (or deemed acknowledgement) from each party to the Mall Maintenance Agreement to the matters described in section 8.6 of that agreement, subject to the requirements of the last sentence of Section 8.2(a)(iv) of this Agreement.
Not permit the Mature Store Contribution Margin for any Computation Period to be less than 0.185 to 1.000.
STORE CONTRIBUTION Measured monthly on a rolling twelve months, the percentage of the Comp stores with Store Contribution (as a % of Sales) less than or equal to 8% shall not exceed 33% of total Comp Stores.
If Servicer is required to hire a collection agency or an attorney to recover its funds, ▇▇▇▇▇▇ agrees to pay the collection agency fees and attorney's fees not to exceed 25% of the amount owed or the amount fixed by applicable law, whichever is greater.
The Borrower shall maintain for each period of four consecutive fiscal quarters of the Borrower an Average Per Store Contribution to Profit of $90,000.
Aggregate Store Contribution of (1) as of the end of each of the first 12 months following the Closing Date in an amount equal to or greater than $5,000,000 minus the lesser of (i.) the Add-Back Credit or (ii.) $1,000,000, and (2) thereafter, equal to or greater than $5,000,000, in each case measured as of the end of each calendar month on a trailing 12 month basis.

More Definitions of Store Contribution

Store Contribution means the Company's sales (excluding proceeds from real estate sale-lease back transactions) less cost of sales, store payrolls, bonuses, employee fringe benefits, taxes, employee health insurance premiums and other expenses, advertising and store general and administrative expenses, PROVIDED, that cash reserves for store closings of up to one million dollars ($1,000,000) over any two-year period may be excluded from the calculation of Store Contribution if such reserves are approved by the vote of at least eighty percent (80%) of the Company's Board of Directors. Store Contribution shall be calculated using the information reflected in the Company's audited financial statements for FY 1998.

Store Contribution means, calculated in accordance with GAAP, with respect to the Company and its Subsidiaries, on a consolidated basis, the revenue of all Open Locations, or Closed Locations, for the preceding twelve (12) month period, as applicable, less the costs of goods sold at such applicable locations, for the preceding twelve (12) month period, and less, without duplication, all other direct and allocated indirect costs of operations at such locations, for the preceding twelve (12) month period (such allocated costs being allocated consistent with the Company’s historical practices).

Store Contribution means, for each of Borrower's store locations as determined for any applicable period, an amount equal to Store Net Revenues for such store location, minus Store Expenses for such store location.