Leased department definition

Leased department means the space licensed by any Loan Party from a Department Lessor pursuant to an applicable Leased Department Agreement.
Leased department means an ar- rangement whereby a retailer licenses or otherwise permits a seller to con- duct ≤business from the retailer’s loca- tion where the seller purchases no goods, services, or commodities di- rectly or indirectly from the retailer, a person the retailer requires the seller to do business with, or a retailer-affil- iate if the retailer advises the seller to do business with the affiliate.
Leased department means anarrangement whereby a retailer licenses or otherwise permits an independent seller to conduct business from theretailer’s premises.

Examples of Leased department in a sentence

  • 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.

  • Leased Department Sales ----------------------- The Company leases space in several of its stores and receives compensation based on a percentage of sales made in these departments.

  • 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.

  • 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.


More Definitions of Leased department

Leased department means an ar- rangement whereby a retailer licenses or otherwise permits a seller to con- duct ≤business from the retailer’s loca- tion where the seller purchases no goods, services, or commodities di- rectly or indirectly from the retailer, a person the retailer requires the seller to do business with, or a retailer-affil- iate if the retailer advises the seller to do business with the affiliate.(m) Parent means an entity that con- trols another entity directly, or indi- rectly through one or more subsidi- aries.(n) Person means any individual, group, association, limited or general partnership, corporation, or any other entity.(o) Plain English means the organiza- tion of information and language usage understandable by a person unfamiliar with the franchise business. It incor- porates short sentences; definite, con- crete, everyday language; active voice; and tabular presentation of informa- tion, where possible. It avoids legal jar- gon, highly technical business terms, and multiple negatives.(p) Predecessor means a person from whom the franchisor acquired, directly or indirectly, the major portion of the franchisor’s assets.(q) Principal business address means the street address of a person’s home office in the United States. A principal business address cannot be a post office box or private mail drop.(r) Prospective franchisee means any person (including any agent, represent- ative, or employee) who approaches or is approached by a franchise seller to discuss the possible establishment of a franchise relationship.(s) Required payment means all con- sideration that the franchisee must pay to the franchisor or an affiliate, ei- ther by contract or by practical neces- sity, as a condition of obtaining or commencing operation of the fran- chise. A required payment does not in- clude payments for the purchase of rea- sonable amounts of inventory at bona fide wholesale prices for resale or lease.(t) Sale of a franchise includes an agreement whereby a person obtains a franchise from a franchise seller for value by purchase, license, or other- wise. It does not include extending or16 CFR Ch. I (1–1–20 Edition)renewing an existing franchise agree- ment where there has been no interrup- tion in the franchisee’s operation of the business, unless the new agreement contains terms and conditions that dif- fer materially from the original agree- ment. It also does not include the transfer of a franchise by an existing franchisee where the franchisor has had no sign...
Leased department means an arrangement whereby a retailer licenses or otherwise permits an independent seller to conduct business from the retailer’s premises.

Related to Leased department

  • Local department means the local department of social services of any county or city in this

  • Health Department means the department of environmental quality, a city health department, a county health department, or a district health department, whichever has jurisdiction.

  • County department means the county or district department of human or social services.

  • Contracting Department any contracting authority as defined in Regulation 5(2) of the Public Contracts (Works, Services and Supply) (Amendment) Regulations 2000 other than the Department; "Contractor Personnel" all employees, agents, consultants and contractors of the Contractor and/or of any Sub-contractor; "Contractor Software" software which is proprietary to the Contractor, including software which is or will be used by the Contractor for the purposes of providing the Services; "Crown Body" any department, office or agency of the Crown;

  • Fire Department means an organized fire department as that term is defined in section 1 of the fire prevention code, 1941 PA 207, MCL 29.1.

  • State department means the state department of human services.

  • Planning Department means the Planning Department of the City and County of San Francisco.

  • Local health department means the same as that term is defined in Section 26A-1-102.

  • the Department means the Department of the Environment;

  • provincial department ’ means a department listed in Schedule 2 of the Public Service Act, 1994 (Proclamation No. 103 of 1994), which falls within a provincial administration listed in Schedule 1 to that Act; 10

  • national department means a department of State within the national sphere of government;

  • Applicable Department means the Personnel Department for employees of the City of Cambridge, the Purchasing Department, with the advice and assistance of the appropriate department which receives the services, for Covered Employers who contract or subcontract with the City of Cambridge, the School Department for employees, contractors and subcontractors of the School Department, and the City Manager’s Office for any other Person who is a Beneficiary of assistance other than a contract or subcontract.

  • Police Department means the Police Department of the City and County of San Francisco.

  • IWAI/ Authority/ Department/ Owner means the Inland Waterways Authority of India, which invites tenders on behalf of the Chairman, IWAI and includes therein-legal representatives, successors and assigns.

  • Finance Department means the Finance Department of the Government of Assam;

  • government department means any department of the Government of the United Kingdom;

  • Department means the department of health.

  • Head of Department means a senior manager as defined in the Municipal Finance Management Act and who is responsible for a vote as assigned by the accounting officer;

  • State Regulator means an agency of the state which is empowered to engage in the regulation of construction, alteration, remodeling, building, repair, and other activities subject to the codes adopted pursuant to this chapter.

  • Compliance Department means the Chief Compliance Officer of Federated and those other individuals designated by him or her as responsible for implementing this Code and the Associated Procedures.

  • Insurance Regulator any Person charged with the administration, oversight or enforcement of any Insurance Regulation.

  • Head of the Department means the administrative head of the department or the organization;

  • U.S. Department of Energy means the Department of Energy established by Public Law 95-91, August 4, 1977, 91 Stat. 565, 42 U.S.C. 7101 et seq., to the extent that the department exercises functions formerly vested in the U.S. Atomic Energy Commission, its chairman, members, officers and components and transferred to the U.S. Energy Research and Development Administration and to the administrator thereof pursuant to Sections 104(b), (c) and (d) of the Energy Reorganization Act of 1974 (Public Law 93-438, October 11, 1974, 88 Stat. 1233 at 1237, effective January 19, 1975) and retransferred to the Secretary of Energy pursuant to Section 301(a) of the Department of Energy Organization Act (Public Law 95-91, August 4, 1977, 91 Stat. 565 at 577-578, 42 U.S.C. 7151,

  • Department sample means liquor that is placed in the possession of the

  • Environmental Protection Agency or “EPA” means the United States Environmental Protection Agency.

  • AT&T-4STATE means the AT&T owned ILEC(s) doing business in Arkansas, Kansas, Missouri and Oklahoma.