Company Inventory Payment definition
Company Inventory Payment means an amount equal to the fifty (50%) percent of the retail selling price (excluding sales tax and delivery charges) of the Company Inventory sold and delivered during the prior week of the Sale.
Examples of Company Inventory Payment in a sentence
After PFP has been reimbursed the Advance in total, Company will be paid the Company Inventory Payment on a weekly basis from the Sale Account (as defined below).