Leased Department definition

Leased Department means the space licensed by any Loan Party from a Department Lessor pursuant to an applicable Leased Department Agreement.
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Examples of Leased Department in a sentence

  • In the event the parties fail to reach accord and the Employer introduces the Leased Department, the Union may initiate economic action after providing thirty (30) days advance written notice to the Employer.

  • The arbitrator=s authority in these matters shall be limited to deciding: 1) whether or not the products or services to be offered by the Leased Department are of a nature already covered under the terms of this collective bargaining agreement; 2) if the Leased Department being proposed is appropriate within the warehouse format; and, 3) if appropriate, what conditions and/or limitations should apply to the proposed lease operation in reference to work performed by employees of the Employer.

  • Delivery of the Letter Agreement by and between the Obligors, Administrative Agent and Collateral Agent regarding the Leased Department Agreements, Marketing Partnership Agreements, Licensing Agreements and Internet Agreements, in form and substance satisfactory to the Administrative Agent.

  • N/A Security interest granted pursuant to the applicable Leased Department Agreement providing Lienholder an offset right Lead Borrower TFG-New Jersey, L.P. Indebtedness under the TFG Facility (as defined on Schedule 7.03) Equipment Lead Borrower State of New Jersey $5695.61 Tax Lien Lead Borrower State of New Jersey $5345.14 Tax Lien Mothers Work Canada, Inc.

  • Upon the reasonable request of the Administrative Agent with respect to any Leased Department, the Loan Parties shall send notices to any Department Lessor’s secured creditors holding a lien on such Department Lessor’s inventory and otherwise comply with the relevant provisions of the UCC, including without limitation, Section 9-324, to establish priority of the Loan Parties’ title and rights to all inventory owned by the Loan Parties and located at such Department Lessor.

  • Delivery of the Letter Agreement by and between the Obligors and the Term Agents regarding the Leased Department Agreements, Marketing Partnership Agreements, Licensing Agreements and Internet Agreements, in form and substance satisfactory to the Term Administrative Agent.