Closing Stores definition

Closing Stores means those Stores (i) set forth on Schedule C, which Buyer hereby designates as Stores that will close on a Store-by-Store basis effective no later than the Sale Termination Date and (ii) otherwise identified to Agent by Buyer in writing following the Closing; provided, however, that at any time prior to the expiration of the Designation Rights Period applicable to a Closing Store Lease of a Closing Store, Buyer may notify Agent in writing that such Closing Store shall no longer be deemed to be a Closing Store and from and after delivery of such notice, such Store shall not be a Closing Store and such Lease shall not be a Closing Store Lease.
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Closing Stores means certain of Merchant’s retail store locations identified by Merchant as “Closing Stores”, the initial list of which is annexed as Exhibit A.
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Closing Stores shall have the meaning set forth in Section 2.1.
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Examples of Closing Stores in a sentence

  • The Debtors are authorized to discontinue operations at the Closing Stores in accordance with this Interim Order and the Sale Guidelines.

  • With respect to any Additional Closing Stores, within three business days after filing any Additional Closing Store List with the Bankruptcy Court, the Debtors will serve by first-class mail, copies of the Interim Order or Final Order, as applicable, the Consulting Agreement, and the Sale Guidelines on the Dispute Notice Parties.

  • Conspicuous signs stating that “all sales are final” and “as is” will be posted at the cash register areas at all Closing Stores.

  • In formulating the list of Closing Stores, the Debtors considered, among other factors, historical store profitability, recent sales trends, the geographic market in which the store is located, the potential to realize negotiated rent reductions with applicable landlords, and specific circumstances related to a store’s performance.

  • The Closing Stores may “go-dark” during the Store Closing Sales and remain “dark” despite any lease restriction, real estate local act, local law, or ordinance to the contrary, and any “continuous operation” or similar clause in any of the leases (or any lease provision that purports to increase the rent or impose any penalty for “going dark”) may not be enforced (and the “going dark” under such leases shall not be a basis to cancel or terminate the leases).

  • To the extent that the Debtors seek to conduct the Sales at any Additional Closing Stores, the Sale Guidelines and this Interim Order shall apply to the Additional Closing Stores; provided that any requests to conduct such Sales at Additional Closing Stores pursuant to this Interim Order shall be made prior to the date of confirmation of any chapter 11 plan and this Order shall only apply to such Sales through the effective date of such chapter 11 plan.

  • The Debtors are authorized to discontinue operations at the Closing Stores in accordance with this Final Order and the Store Closing Procedures.

  • The Debtors are authorized, pursuant to Bankruptcy Code §§ 105(a) and 363(b)(1), to immediately continue and conduct Sales at the Closing Stores in accordance with this Interim Order, the Sale Guidelines, and the Consulting Agreement.

  • This process has resulted in the Debtors’ identification of the Closing Stores.

  • The Debtors are seeking to sell all FF&E remaining in the Closing Stores.


More Definitions of Closing Stores

Closing Stores. The Borrower's Stores set forth on EXHIBIT 1.2 hereto which the Borrower has advised the Lender the Borrower intends to permanently close.
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Closing Stores means the Closing Stores under and as defined in the APA, as such Stores are from time to time designated as Closing Stores thereunder pursuant to the procedures set forth in the APA. Each Store that is not a Closing Store shall be referred to as a “Continuing Store” and, collectively, the “Continuing Stores”.
Sample 1
Closing Stores. Has the meaning given that term in the Senior Loan Agreement.
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Related to Closing Stores

  • Sellers has the meaning set forth in the preamble.

  • Locational UCAP Seller means a Member that sells Locational UCAP.

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

  • Seller Use means fuel used for gas compression, LPG plants and LNG plants, other gas needed by Seller's facilities to furnish the requirements of Buyers, together with unaccounted for gas. This gas shall be considered included in Priority of Service Category 1. Other vital uses of Seller, such as flame stabilization requirements, will be met as long as such uses do not jeopardize service to its firm service Buyers.

  • Closing Location means the location that all Proposals for this RFP will be accepted at.

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

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • 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.

  • Closing has the meaning set forth in Section 2.2.

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Wholesale acquisition cost means the same as that term is defined in 42 U.S.C. Sec. 1395w-3a.

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Second Closing Date means the date of the Second Closing.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Other Sellers shall have the meaning set forth in Section 10.4.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Seller’s Closing Documents as defined in Section 3.2(a).

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

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • Model 1 seller means a seller registered under the agreement that has selected a certified service provider as the seller's agent to perform all of the seller's sales and use tax functions for agreement sales and use taxes other than the seller's obligation under Section 59-12-124 to remit a tax on the seller's own purchases.

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