Common Contracts
1 similar Store Closing Agreement contracts
Store Closing AgreementStore Closing Agreement • September 10th, 2020 • New York
By executing below, this letter shall serve as an agreement (“Agreement”) between Hilco Merchant Resources, LLC, on the one hand ( “Agent” or a “Party”), and Century 21 Department Stores, LLC and its affiliated loan parties identified on Schedule 1 attached hereto, on the other hand (“Merchant” or a “Party” and together with the Agent, the “Parties”), under which Agent shall act as the exclusive agent for the purpose of conducting a sale of certain Merchandise (as defined below) at the Merchant’s stores set forth on Exhibit A (each a “Store” and collectively, the “Stores”) and through Merchant’s e-commerce platform through a “Store Closing”, “Everything Must Go”, “Everything on Sale”, “Going out of Business” (provided the Merchant and Lender Agent consent in writing), or similar themed sale (the “Sale”).
