Examples of Closed Stores in a sentence
Merchant and Agent desire to amend and modify the Agreement to, inter alia, and subject to the terms and conditions of this Amendment, allow Merchant to sell the Merchandise from the Closed Stores.
As of July 4, 1998, all of the Initial Closed Stores have been closed and substantially all of the leases terminated.
Merchant shall be responsible for the transfer of all Merchandise from the Warehouse and the Closed Stores to the Closing Locations.
All of Seller’s Gross Commissions from both the Open Stores and the Closed Stores during said period constitute all of Seller’s Gross Commissions earned during said period and all such Commissions derive from bona fide transactions in the ordinary course of the Business.
Attached hereto as Exhibit 4.7 is a list of closed store locations leased by the Company ("Closed Stores").
Except as set forth in Updated Schedule 2, and in respect to Closed Stores, each of such leases is in full force and effect, and the Company is not in default or violation of any such lease (except with respect to any non-payment of rent in connection with a good faith dispute) and the Company has not received any notice of termination, default or cancellation of any such lease.
For the sake of clarity, Agent shall not acquire any rights or obligations with respect to the Closed Stores, or the FF&E in the Closed Stores, under Sections 14 and 15 of the Agreement by virtue of the provisions of this Amendment.
Accrued Costs Relating to Closed Stores During 1995 and 1996, the Company closed six and two stores, respectively.
Shortly after the Initial Purchase, BSQ began the process of putting 10 stores back to Kmart as well as disposing of 2 additional stores to third parties ("the Initial Closed Stores"), and recorded a liability of approximately $10 million for the costs related to the closing of these stores (the "Put Store Accrual").
Except as set forth on Schedule 5.12.1, there were no reductions or payouts in respect of either (a) the Seller 2008 Commission Amount, or (b) the amount set forth above in this Section 5.12.1 with respect to the Closed Stores and no reductions or payouts are reasonably anticipated from future Gross Commissions of the Business.