Direct Order Merchandise definition

Direct Order Merchandise means merchandise bearing a Private Brand sourced from Vendors located in the United States that Seller or its Affiliate or Saks or its Affiliate or Buyer or its Affiliate (to the extent permitted by the applicable Vendors) shall order directly from the Vendors in accordance with this Agreement, but excluding Replenishment Merchandise; (v) "Replenishment Merchandise" shall mean regularly stocked merchandise bearing a Private Brand that Seller or its Affiliate or Saks or its Affiliate or Buyer or its Affiliate (to the extent permitted by the applicable Vendors) shall maintain on its replenishment system and order directly from Vendors for the Parisian Business including the Stores and as to which Seller or its Affiliates shall otherwise deal directly with Vendors; (vi) "Saks Sourced Products" shall mean, collectively, Inventory Products and On Order Products; and (vii) "Private Brands" shall mean, collectively, those trademarks set forth on Exhibit A and identified as owned by third parties and licensed to Saks ("Third Party Brands") or Seller or its Affiliates ("Seller Licensed Brands") or owned by Seller or its Affiliates ("Seller Owned Brands"). Notwithstanding the foregoing, Associated Merchandising Corporation shall not be a Vendor of Direct Order Merchandise but shall be a Vendor of On Order Products and Replenishment Merchandise.
View Source
Direct Order Merchandise means merchandise bearing Private Brands sourced from Vendors located in the United States as to which Buyers shall order merchandise directly from the Vendors and otherwise deal directly with Vendors in connection therewith, but excluding Replenishment Merchandise; (vii) “Seller Sourced Products” shall mean, collectively, Inventory Products, On Order Products and New Order Products; and (viii) “Private Brands” shall mean, collectively, those trademarks set forth on Exhibit A identified as private brands owned by M▇▇▇▇’▇, Inc, a wholly-owned subsidiary of Parisian (“Owned Brands”), and the private brands set forth on Exhibit A owned by third parties and licensed to Seller (“Third Party Brands”). Notwithstanding the foregoing, Associated Merchandising Corporation shall not be a Vendor of Direct Order Merchandise but shall be a Vendor of On Order Products, New Order Products and Replenishment Merchandise.
View Source
Direct Order Merchandise means merchandise bearing a Private Brand sourced from Vendors located in the United States as to which Buyer shall order merchandise directly from the Vendors and otherwise deal directly with Vendors in connection therewith, but excluding Replenishment Merchandise; (v) "Replenishment
View Source

Examples of Direct Order Merchandise in a sentence

  • Notwithstanding the foregoing, Associated Merchandising Corporation shall not be a Vendor of Direct Order Merchandise but shall be a Vendor of On Order Products and Replenishment Merchandise.

  • Seller agrees that it shall, at the request of Buyer, place orders for Replenishment Merchandise and Direct Order Merchandise on behalf of Buyer until such time as Buyer shall have the right and the ability to place such orders directly with such Vendors.

  • Notwithstanding the foregoing, Associated Merchandising Corporation shall not be a Vendor of Direct Order Merchandise but shall be a Vendor of On Order Products, New Order Products and Replenishment Merchandise.

  • Replenishment Merchandise and Direct Order Merchandise for the Stores bearing Third Party Brands shall be subject to the royalty obligations under Section 2(c).

  • Seller shall provide Buyer such information as Buyer may reasonably require in order for Buyer to place orders for Replenishment Merchandise and Direct Order Merchandise through Seller.

  • The commercial terms for the acquisition by Seller on behalf of Buyer of Replenishment Merchandise and Direct Order Merchandise shall be established between Seller and the Vendors, with the prior written consent of Buyer.