New Stores definition

New Stores means, with respect to any Test Period, the number of Stores opened within the last 24 months, measured from and including the last month in such Test Period.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

New Stores means new stores acquired or opened in the ordinary course of business.

New Stores means the business that the Target Company establishes or obtains following the Closing Date, with independent entrance, addresses, business systems, lease contracts, and business personnel.

Examples of New Stores in a sentence

• If the Authority reasonably considers that any Contractor Deliverable fails to comply in all material respects to the specification, a New Stores Reject (NSR) shall be raised by the Authority.

• Employees applying for full-time vacancies may also indicate they wish full-time vacancies in any store and/or New Stores.

• KPI Description The number of New Stores Rejects raised (where it is agreed that the Contractor is liable) as a percentage of the total number of order lines delivered in the period.

• If New Stores are added to the TSA (as allowed above), the fees for such New Stores shall be as provided above.

• If the Authority reasonable considers that any Contractor Deliverable fails to comply in all material respects to the specification, a New Stores Reject (NSR) shall be raised by the Authority.

• KPI Description The number of New Stores Rejects raised (Where it is agreed that the Contractor is liable) expressed as a percentage of the total number of order lines delivered in the period.

• New Stores will place their opening Orders with Distributor at least ten (10) days prior to the requested delivery date and Distributor will confirm the opening Order delivery date three (3) days prior to the delivery.

• Albertson’s shall pay no fee (fixed or variable) for New Stores receiving Services under this Services Agreement during the first twelve (12) month period of the Initial Term, unless Albertson’s adds more than five (5) stores during the first twelve (12) month period of the Initial Term, at which point the parties will agree to an appropriate increase in the Service Fees.

• From and after the Effective Date, in the event Albertson’s opens supermarkets or acquires operating supermarkets (collectively, “New Stores”), such New Stores shall be added to the TSA if, and only if, such New Stores utilize IT systems and platforms that are compatible in all material respects with Albertson’s then current IT systems and platforms.

• License fees for New Stores (exclusive of any remodel, expansion remodel, or an on-site or off-site replacement, of an Existing Store or a New Store) during their RCT will be RCT of the applicable monthly fee set forth above; provided, however, that in the event Licensor has not taken all steps required to permit Licensee to commence operations as of the date Licensor first opens any such New Store for business to the public, said RCT period shall not commence until all such steps have been taken.

More Definitions of New Stores

New Stores has the meaning set forth in the definition of “Closing Cash.”

New Stores. As defined in Section 9.03(b).

New Stores means the stores set forth on Schedule 1.1(b).