Store Closings definition

Store Closings means, the closing, sale or other disposition of stores operated by any Credit Party in a manner consistent with past business practices of the Credit Parties (involving store closing sales and liquidations of store inventory on site), provided that the closing and relocation of a store within a radius of five (5) miles of such store (such relocation occurring within one (1) year of the corresponding store closing) shall not be deemed to be a Store Closing for purposes of this Agreement.
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Store Closings means the closing, sale, sublease or franchise or other disposition of stores operated by Borrower or any Restricted Subsidiary in a manner consistent with the past business practices of the Borrower and the Restricted Subsidiaries or the Closing Date Business Plan (involving store closing sales and liquidations of store inventory on site).
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Store Closings has the meaning set forth in Section 5.2(c).
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Examples of Store Closings in a sentence

  • The Store Closings and Sales are in the best interest of the Debtors’ estates.

  • Returns related to the purchase of Store Closure Assets shall not be accepted at stores that are not participating in the Store Closings.

  • The Debtors also respectfully request a waiver of any contractual restrictions that could otherwise inhibit or prevent the Debtors from maximizing value for creditors through the Store Closings and Sales.

  • The Store Closings and the Sales shall not be exempt from laws of general applicability, including, without limitation, public health and safety, criminal, tax, labor, employment, environmental, antitrust, fair competition, traffic, and consumer protection laws, including consumer laws regulating deceptive practices and false advertising (collectively, “ General Laws”).

  • The Store Closings and the Sales shall not be exempt from laws of general applicability, including, without limitation, public health and safety, criminal, tax, labor, employment, environmental, antitrust, fair competition, traffic and consumer protection laws, including consumer laws regulating deceptive practices and false advertising (collectively, “ General Laws”).

  • No such parties or person shall take any action against the Debtors, the Consultant, the landlords, the Store Closings, or the Sales until this Court has resolved such dispute.

  • Third, this Court will be able to supervise the Store Closings because the Debtors and their assets are subject to this Court’s exclusive jurisdiction.

  • To the extent the Debtors are subject to any state “fast pay” laws in connection with the Store Closings, the Debtors shall be presumed to be in compliance with such laws to the extent, in applicable states, such payroll payments are made by the later of: (a) the Debtors’ next regularly scheduled payroll; and (b) seven calendar days following the termination date of the relevant employee, and in all such cases consistent with, and subject to, any previous orders of this Court regarding payment of same.

  • Given the number of employees who will likely be terminated during the Store Closings, this process could easily take several days, making compliance with the Fast Pay Laws burdensome to the Debtors’ estates, if not impossible.

  • We therefore welcome the decision to subject the code to affirmative procedure for Parliamentary approval.


More Definitions of Store Closings

Store Closings has the meaning set forth in Section 6.14.
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Store Closings means the Additional Closing Stores to be closed pursuant to Additional Store Closing Notice Procedures, the Store Closing Procedures, and the Store Closing Agency Agreement, as applicable.
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Store Closings has the meaning set forth in 0.
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Related to Store Closings

  • Closings means the First Closing and the Second Closing.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Second Closing has the meaning set forth in Section 2.2.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Outside Closing Date means the date which is 365 days after the earlier of the Firm Closing Date; or Second Tentative Closing Date; or such other date as may be mutually agreed upon in accordance with section 4. “Property” or “home” means the home including lands being acquired by the Purchaser from the Vendor. “Purchaser’s Termination Period” means the 30-day period during which the Purchaser may terminate the Purchase Agreement for delay, in accordance with paragraph 10(b).

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Pre-Closing Periods means all Tax periods ending at or before the Closing Date and, with respect to any Tax period that includes but does not end at the Closing Date, the portion of such period that ends at and includes the Closing Date.

  • Closing means the closing of the purchase and sale of the Securities pursuant to Section 2.1.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Pre-Closing Period means any taxable period ending on or before the Closing Date.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • New Services Queue Closing Date means each April 30 and October 31 shall be the Queue Closing Date for the New Services Queue comprised of Interconnection Requests, Completed Applications, and Upgrade Requests received during the six-month period ending on such date. New York ISO or NYISO: “New York ISO” or “NYISO” shall mean the New York Independent System Operator, Inc. or any successor thereto.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Time of Closing means 10:00 a.m. (Vancouver time) on the Closing Date, or such other time as the parties may mutually determine;

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.