Store Properties definition

Store Properties means the stores operated by any Seller or any Affiliate thereof at the locations identified on Exhibit 1.1 hereto.
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Store Properties are defined in the recitals of this Agreement and includes the Owned Real Property and the property subject to the Leases.
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Store Properties and “Store Property” shall mean each of the retail optical stores leased or subleased by the Company or any of Guarantor (including any Real Estate Affiliate) with the business and assets (other than real property) thereof owned and operated by the Company and any Guarantor and any Franchise at the real properties situated at the locations listed on Schedule 1.01 hereto, as such schedule may be amended, from time to time, by the Company.
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Examples of Store Properties in a sentence

  • Any failure to satisfy the condition herein with respect to one or more, but not all of the Store Properties shall not result in a termination of this Agreement or the Parties' obligations, but shall result in the application of Section 4.5 hereof with respect to the affected Store Property.

  • Buyer acknowledges and agrees that it has conducted its own independent review and analysis of the business, assets, condition and operations of Sellers and the Store Properties.

  • All files, documents, papers, computer files and books and business records of Seller in any media to the extent the same relates to the Acquired Assets and the Assumed Liabilities located at the Store Properties (collectively the "Files and Records").

  • At 12:01 a.m. in the jurisdiction in which such Store Property operates on the Closing Date, Buyer shall take possession of the Store Property and the transfer of the Acquired Assets and Store Properties shall be effective as of such time.

  • For thirty (30) days after the Closing Date, at no expense to Seller, Seller shall cooperate with Purchaser and continue to use commercially reasonable efforts to obtain estoppel certificates from the remaining owners of the Department Store Properties.

  • All saleable merchandise inventory located in or held for sale at the Store Properties on the Closing Date delivered to and held in the Store Properties in the ordinary course of business (collectively, the "Inventory"); excluding, however, the Excluded Inventory.

  • All Excluded Inventory will be removed by Seller from the Store Properties in accordance with Schedule 4.2(b), and after the expiration of the period therein specified for Seller to remove the Excluded Inventory, Buyer shall have no responsibility therefor (provided that Buyer will not destroy or sell or otherwise dispose of the Excluded Inventory).

  • With respect to the Owned Store Properties located in ▇▇▇▇▇ County, Ohio, property taxes and installments of assessments shall be prorated from the last due and payable date to the date of Closing.

  • All assignable permits, licenses, consents and authorizations, related to the operation of the Store Properties (collectively, the "Permits").

  • Buyer shall, for a period of seven years from the Closing Date, have access to, and the right to copy, at its expense, for bona fide business purposes and during usual business hours upon reasonable prior notice to Seller, all books and records of Seller relating to the Acquired Assets (including, without limitation, the Store Properties and the Acquired Intellectual Property).

Related to Store Properties

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Other Properties shall have the meaning set forth in Section 9.1.