Purchase and Sale of Merchandise Inventory Sample Clauses
Purchase and Sale of Merchandise Inventory. An inventory of all merchandise will be conducted not earlier than 15 days prior to Closing but not later than 1 day prior to Closing (the “Inventory Period”), and Contributor shall sell, transfer, and deliver to the Operating Partnership all of the merchandise and other inventory used in connection with the Property. As used in this Agreement, the “Merchandise” will include only unopened merchandise and merchandise that (i) is not obsolete and (ii) has an expiration of 30 days or more after Closing Date.
Purchase and Sale of Merchandise Inventory. An inventory of all merchandise shall be made on the date of transfer, or some otherwise mutually agreeable date, and Personal Property Seller shall sell, transfer, and deliver to Personal Property Purchaser all of the merchandise[, subject to approval by the MLCC]. As used in this Agreement, the “Merchandise” shall include only unopened merchandise and merchandise that [is not obsolete / has an expiration of 30 [enter any other agreed on number of days] days or more after Closing Date (except the items sold with a shorter shelf life cycle)].
Purchase and Sale of Merchandise Inventory. An inventory of all merchandise shall be made upon the date of transfer, and Seller shall sell, transfer, and deliver to Buyer all of the merchandise, unless prohibited by applicable law. As used in this Agreement, the “Merchandise” shall include only unopened merchandise and merchandise that (i) is not obsolete and (ii) has an expiration of 30 days or more after Closing Date.