Maximum New Store Openings Sample Clauses

Maximum New Store Openings. Establish more than five (5) new retail locations ofOn and after the Second Amendment Effective Date, the Loan Parties in any consecutive twelve (12)-month period; provided, that no Loan Party mayshall not be permitted to establish any new retail location if, at the time such location is established, the Borrower is not in compliance on a pro forma basis with the covenants set forth in this Section 6.18 (recomputed as of the most recently ended Fiscal Quarter for which financial statements have been provided pursuant to Section 5.04(b)).without the consent of the Agent, acting in Agent’s Discretion.
Sample 1Sample 2
AutoNDA by SimpleDocs
Maximum New Store Openings. On and after the Second Amendment Effective Date,Establish more than five (5) new retail locations of the Loan Parties shall not be permitted toin any consecutive twelve (12)-month period; provided, that no Loan Party may establish any new retail location without the consent of the Agent, acting in Agent’s Discretion.if, at the time such location is established, the Borrower is not in compliance on a pro forma basis with the covenants set forth in this Section 6.18 (recomputed as of the most recently ended Fiscal Quarter for which financial statements have been provided pursuant to Section 5.04(b)).
Sample 1
Maximum New Store Openings. Establish more than five (5) new retail locations of the Loan Parties in any consecutive twelve (12)-month period; provided, that no Loan Party may establish any new retail location if, at the time such location is established, the Borrower is not in compliance on a pro forma basis with the covenants set forth in this Section 6.18 (recomputed as of the most recently ended Fiscal Quarter for which financial statements have been provided pursuant to Section 5.04(b)).”
Sample 1
Maximum New Store Openings. (i) At all times the Senior Leverage Ratio is greater than or equal to 2.00:1.00, establish more than three (3) new retail locations of the Loan Parties in any consecutive twelve (12)-month period.
Sample 1

Related to Maximum New Store Openings

  • Re-opener The parties agree to commence negotiations of a re-opener no later than March 1, 18 2020.

  • Job Openings Professional staff vacancies will be posted in each building and in the district newsletter when the listing goes to placement bureaus, or after the Board of Education acts upon the resignation, whichever comes first.

  • BID OPENING All duly received bids will be opened immediately after the scheduled closing time of Bids at the same venue. Bidders or their accredited agents could be present at the time of opening of bids.

  • AGREEMENT RE-OPENER 46.01 This Agreement may be amended by mutual consent. If either party wishes to amend or vary this Agreement, it shall give to the other party notice in writing of any amendment proposed and the parties shall meet and discuss such proposal not later than one calendar month after receipt of such notice.

  • WORK CLOTHING 1. The State shall continue to furnish foul weather gear and work clothing, such as aprons, smocks, shop coats, lab coats, coveralls and boots to employees furnished such clothing in the past. The State shall be responsible for continuing to provide laundering of work clothing where such service is being provided as of the effective date of this Agreement.

  • Overbuilds Sprint will not provide non-discriminatory access to FTTH Loop or FTTC Loop on an unbundled basis when Sprint has deployed a FTTH Loop or FTTC Loop parallel to, or in replacement of, an existing loop facility, except that:

  • 631 Temporary Roads to Remain Open To maintain short term access to portions of Sale Area for post-sale treatments and other purposes after a Tempo- rary Road has served Purchaser’s purpose, pursuant to B6.63, Purchaser agrees, that on Temporary Roads des- ignated on Sale Area Map as “Remain Open,” to con- struct cross ditches and water bars, as designated, staked, or otherwise directed by Forest Service, that can be traversed by a normal two-wheel drive pickup truck. On “Remain Open” Temporary Roads, all bridges and culverts shall remain in place and ditches shall not be eliminated. All drainage structures shall be left in func- tional condition.

  • Verizon OSS Facilities Any gateways, interfaces, databases, facilities, equipment, software, or systems, used by Verizon to provide Verizon OSS Services to CBB.

  • Television Equipment Recycling Program If this Contract is for the purchase or lease of covered television equipment, then Contractor certifies that it is compliance with Subchapter Z, Chapter 361 of the Texas Health and Safety Code related to the Television Equipment Recycling Program.

  • Overtime Meals When employees are required to work more than two (2) hours beyond their regular work days, the Employer will provide hot meals at no cost to the employees, up to a maximum of sixteen dollars ($16.00) (receipts to be submitted) plus paid meal periods of one-half (1/2) hour at the prevailing rate and thereafter at four (4) hour intervals. Any early morning start before regular starting time is entitled to a paid meal. The breakfast limit is thirteen dollars ($13.00) (receipts to be submitted). Employees called out on overtime shall be paid for meals as above, after four (4) hours work.

Time is Money Join Law Insider Premium to draft better contracts faster.