Anchor Stores definition

Anchor Stores means, for any Property, those department stores located on such Property or on parcels contiguous to such Property and which are being operated as part of an integrated shopping center with such Property.

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Anchor Stores means, for each Property, those department stores located on parcels contiguous to such Property which, together with the Improvements on such Property, are being operated as an integrated shopping center pursuant to the REA.

Anchor Stores means, for each Property, those department stores located on parcels contiguous to such Property (together with the Nordstrom’s store at Twelve Oaks which is located on such Property) which, together with the Improvements on such Property at Fairlane and Twelve Oaks or any other property which has been added as a Property pursuant to the provisions of Section 12.06, are being operated as an integrated shopping center pursuant to the REA.

Examples of Anchor Stores in a sentence

Subject to the provisions of this Section and Section 4.4 below, CBL/OP shall have the right, as part of CBL/OP's due diligence investigation, to contact the Tenants, the Anchor Stores, Property Owner's Property Manager and governmental authorities about various aspects of the Property.
Subject to the rights of Tenants and the Anchor Stores, Property Owner shall deliver possession and occupancy of the Property together with any keys, electronic pass cards or devices (to the extent in Property Owner's possession or control) to all entrance doors and doors to equipment and utility rooms and vault boxes located in or related to the Property.
The term Tenant Contributions includes all amounts paid by the Anchor Stores under the REA and Supplemental Agreements.
To Seller's Knowledge, the schedule attached hereto as Schedule H-1 contains: (i) a complete and accurate list of all Operating Agreements, and (ii) a list of any notices of default (which are uncured as of the date hereof) given or received by Seller or its agents with respect to the Anchor Stores and the Limited Parties, excluding May.
Notwithstanding anything to the contrary contained herein, Seller shall not be required to obtain an estoppel from May, which is one of the Anchor Stores; provided, however, Seller shall use reasonable efforts to obtain such estoppel.
On or before the Closing Date, CBL/OP shall have received estoppel certificates, dated not earlier than August 16, 2005, from (i) all of the Anchor Stores ("REA Estoppel Certificates") and (ii) from a sufficient number of non-Anchor Tenants of the Real Property (the "Tenant Estoppel Certificates") so that Tenant Estoppel Certificates shall be received with respect to not less than 80% of the rentable area of the Improvements covered by Tenant Leases of non-Anchor Tenants.
On or before the Closing Date, CBL/OP shall have received estoppel certificates, dated not earlier than August 16, 2005, from (i) all of the Anchor Stores ("Anchor Estoppel Certificates") and (ii) from a sufficient number of non-Anchor Tenants of the Real Property (the "Tenant Estoppel Certificates") so that Tenant Estoppel Certificates shall be received with respect to not less than 80% of the rentable area of the Improvements covered by Tenant Leases of non-Anchor Tenants.
Tenant's proportionate share of Taxes shall be computed by multiplying the amount of such Taxes (less any contributions by Anchor Stores) by a fraction, the numerator of which shall be Tenant's Floor Area and the denominator of which shall be Landlord's Floor Area.
In the event that one or more of the three contemplated Anchor Stores is not opened by date of substantial completion under Section 1.2, then the Grant will be reduced by an amount equal to the incentive offered by Developer to such Anchor Store(s).
Prorations of income and expenses attributable to the Anchor Stores shall be made in the same manner as Tenant Leases .

More Definitions of Anchor Stores

Anchor Stores. ; "Anchors" means, for each Property, those stores to be owned or leased and occupied and operated by major store operators approved by Administrative Agent, and which, together with the Improvements on such Property, shall be operated as an integrated shopping center on such Property; the major store operators owning and operating such stores pursuant to the applicable REA.

Anchor Stores. Collectively, (i) the approximately 150,000-square foot Neiman Marcus department store to be constructed and operated by Neiman Marcus pursuant to the REA on a parcel of land owned by it which is contiguous to portions of the Premises, (ii) the approximately 140,000-square foot Lord & ▇▇▇▇▇▇ department store to be constructed and operated by May pursuant to the REA on a parcel of land owned by it which is contiguous to portions of the Premises, (iii) the approximately 240,000-square foot ▇▇▇▇▇'▇ department store to be constructed and operated by May pursuant to the REA on a parcel of land owned by it which is contiguous to portions of the Premises, (iv) the approximately 250,000-square foot ▇▇▇▇▇▇▇ department store, to be constructed and operated by Mercantile pursuant to the REA on a parcel of land to be owned by it which is contiguous to portions of the Premises and (v) the approximately 120,000-square foot Saks Fifth Avenue department store to be constructed and operated by Saks Texas pursuant to the REA on a portion of the Premises ground leased by Borrower to Saks.

Anchor Stores means the following: (i) Kohl's Illinois, Inc., a Nevada corporation, successor-in-interest to Kohl's Department Stores, a division of Brown & Williamson Tobacco Corporation, a Delaware corporation ("▇▇▇▇'s"); (▇▇) ▇▇ars, Roebuck and Co., a New York corporation ("Sears"); (iii) Von Mau▇, ▇▇▇., an Iowa corporation, successor-in-interest to Carson Pirie Scott & Company, a Delaware corporation ("Von Ma▇▇"); (▇▇) ▇. ▇. Penney Corporation, Inc., a Delaware corporation ("J.C. ▇▇nney"); and (v) McRil, LLC, a Virginia limited liability ▇▇mp▇▇▇, successor-in-interest to P.A. Bergner and Co., an Illinois corporation ("Bergner")