GOB Sales definition

GOB Sales has the meaning set forth in Section 5.2(c).

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GOB Sales means those “store closing” or other similarly themed sales conducted by the Agent pursuant to the Agency Agreements and the Sale Order.

GOB Sales has the meaning set forth in 0.

Examples of GOB Sales in a sentence

• After the Closing Date, the Buyer or its parent may have representatives present at Store Closing Locations during GOB Sales to sell Direct Brands club memberships, provided such activities do not adversely impact the conduct of the GOB Sales.

• The terms, conditions and procedures applicable to the conduct of the GOB Sales in the Store Closing Locations are set forth in the applicable Agency Agreement.

• The aggregate consideration to be paid by the Buyer or by the Agent pursuant to the applicable Agency Agreement for the sale of the Assets and for the right of the Agent to conduct the GOB Sales pursuant to the terms of the Agency Agreement shall consist of (a) $215,100,000 (the “Initial Purchase Price”), subject to adjustment in accordance with Sections 2.2 and 2.3, and (b) the assumption by the Buyer of the Assumed Liabilities.

• In connection with the wind-down, including, but not limited to the GOB Sales, Buyer hereby grants to Sellers and its Affiliates, effective upon the Closing, a royalty free license for the continued use of the Intellectual Property of Sellers acquired by Buyer under this Agreement.

• An appropriate dollar-for- dollar adjustment shall be made in the Final Closing Net Working Capital to take into account any Pre- Closing GOB Sales.

• Following the completion of the GOB Sales or in anticipation thereof, but no later than February 8, 2008 with respect to the Store Nos.

• All GOB Sales and all business with the retail public shall end by such date as is necessary for VCDS to deliver possession of the Leased Premises to the Applicable BURLINGTON Entity on the applicable Possession Date in accordance with the provisions of Section 9.4(a) hereof.

• Promptly following the Consent Date, VCDS shall notify BURLINGTON of the date on which it intends to start and end going-out-of-business sales (“GOB Sales”) for each of the Leased Premises other than the Removed Leases (the “GOB Notice”) and shall proceed to conduct such GOB Sales.

• An appropriate dollar-for-dollar adjustment shall be made in the Estimated Closing Net Working Capital to take into account any Pre- Closing GOB Sales.

• An order of the Bankruptcy Court approving the Agency Agreement and authorizing the Agent to conduct the GOB Sales shall have been entered and shall have become a Final Order.

More Definitions of GOB Sales

GOB Sales means store closing sales conducted by a joint venture among Tiger Capital Capital Group, LLC, SB Capital Group, LLC and Great American Group WF, LLC, as the Debtors’ liquidating agent, at all of the Debtors’ store locations.

GOB Sales means store closing sales conducted by Great American Group WF, LLC, as the Debtors’ liquidating agent, at the Debtors’ store locations not included in the Final APA.