Common use of Purchase and Sale of Merchandise Inventory Clause in Contracts

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 on the date of transfer, transfer or some otherwise other 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)].