Common use of Markup and Markdown Policies Clause in Contracts

Markup and Markdown Policies. Engage in policies or procedures with respect to markups or markdowns of Inventory which policies and procedures, including the timing, amount and implementation of such markups and markdowns, are inconsistent in any material respect with the past practices of the Borrower absent the prior written consent of the Agent.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Weiners Stores Inc), Revolving Credit Agreement (Weiners Stores Inc), Revolving Credit Agreement (Jacobson Stores Inc)