Common use of Guaranteed Return Clause in Contracts

Guaranteed Return. In the event that Merchant elects the ----------------- option set forth in Section 15.1 above, but does not provide Agent with the written request within the time period specified in Section 15.1 above, following Agent's full inspection of the FF&E (whether located in the Stores, stockrooms, Warehouses or offices or otherwise), Agent will provide Merchant, with a written offer to sell the FF&E with a guaranteed return to Merchant specified therein.

Appears in 1 contract

Sources: Agency Agreement (Montgomery Ward Holding Corp)

Guaranteed Return. In the event that the Merchant elects does not ----------------- elect the ----------------- option set forth in Section 15.1 above, but does not provide Agent with the a written request within the time period specified in Section 15.1 aboveby November 10, 1997, following Agent's full inspection of the FF&E (whether located in the Stores, stockrooms, Warehouses Warehouses, or offices or otherwise), Agent will provide Merchant, Merchant with a written offer to sell the FF&E with a guaranteed return to Merchant specified thereinMerchant.

Appears in 1 contract

Sources: Agency Agreement (Montgomery Ward Holding Corp)