Display Merchandise definition
Display Merchandise means those items of inventory used in the ordinary course of business as displays or floor models, including inventory that has been removed from its original packaging for the purpose of putting such item on display, but not customarily sold or saleable by the Merchant.
Display Merchandise means those items of inventory used in the ordinary course of business as displays or floor models, including inventory that has been removed from its original packaging for the purpose of putting such item on display, which goods are not otherwise damaged or defective. For the avoidance of doubt, Merchandise created for display and not saleable in the ordinary course of business shall not constitute Display Merchandise.
Display Merchandise means any item of Inventory that is removed from its packaging, or installed, affixed or modified for purposes of a sample, display or demonstration of its function or design.
Examples of Display Merchandise in a sentence
If the Returned Merchandise constitutes Defective Merchandise, Display Merchandise or Near Date Merchandise, it shall be included in Merchandise and assigned a Retail Price in accordance with the applicable provisions of Section 5.3 above multiplied by the compliment of the prevailing Sale discount.
All Vendors will be classified as either Display, Merchandise, Prepared Food, or Alcohol Vendors based on the qualification details listed in the sign-up.
The Retail Price of any Display Merchandise shall be 90% of the lowest ticketed or other retail price offered to the public by Merchant at the Stores for such Merchandise on or after January 11, 1997.
More Definitions of Display Merchandise
Display Merchandise means any item of Merchandise identified and agreed upon by Merchant and Agent during the Inventory Taking (with each party acting reasonably and in good faith) as not new because it was used by the Merchant in the ordinary course of business for demonstration purposes or as a display.
Display Merchandise means any item of Inventory that is removed from its packaging, or installed, affixed or modified for purposes of a sample, display or of demonstrating its function or design.
Display Merchandise. As used herein, the following terms have the respective meanings set forth below: "Defective Merchandise" means goods identified by Merchant and Agent as defective, damaged or otherwise not salable in the ordinary course during the inventory taking process because they are scratched, worn, broken, faded, torn, stained, discolored, dented or contain other characteristics making them not first quality, and in each case as to which Agent and Merchant mutually agree on its value to define its "Retail Price." Display Merchandise shall not be deemed defective per se. If Merchant and Agent cannot agree on the value of an item that is defective, then such item shall be excluded from Merchandise for purposes of this Agreement and shall be removed by Merchant at its cost. "Display Merchandise" shall mean fitness equipment or table games used solely for display. "Merchandise" shall not include: (1) goods held by Merchant on consignment; (2) on order inventory to be received or received at a Store after the Inventory Date (unless Agent in its sole discretion elects to include such inventory in Merchandise); (3) goods retained by Merchant as bailee, goods which have been sold and are being held for customers or are waiting to be delivered to customers; (4) furnishings, store fixtures and equipment; (5) goods in leased or licensed departments; (6) goods held at the Stores on layaway or for repair; (7) special order goods for customers; (8) any "Thirty Day Goods" as defined in the Bankruptcy and Insolvency Act (Canada), or any other goods in respect of which a lien or encumberance is enforced such that Agent cannot sell such goods at the Sale or, if sold, cannot retain the proceeds thereof; and (9) trading cards and magazines. Merchant shall remain responsible for processing and handling all goods referred to in the preceding sentence, and contracts relating thereto, and Agent shall have no cost, expense or responsibility in connection therewith; provided that Agent shall cooperate with Merchant in the administration of layaway, repair and special order goods.
Display Merchandise means any item of Merchandise which is removed ------------------- from its packaging, or installed, affixed or otherwise on display for the purpose of viewing or demonstrating its function or design that is in working order and on a Store selling floor in the departments set forth in Exhibit ------- 5.2(b)(1). --------- "Layaway, Repair, and Special Order Merchandise" means all items of ---------------------------------------------- Merchandise held at the Stores on layaway or for repair, or customer-specific special orders for goods, in each case pursuant to binding agreements, invoices or other legal documentation, where (A) the documentation is clear as to the name, address, telephone number, date of last payment and balance due from the customer, and (B) the goods subject to layaway, repair or special order are properly identified, segregated, and in a condition as described in the documentation.
Display Merchandise means any product or sample of a product which is offered for sale to the public.
Display Merchandise means fitness equipment or table games used solely for display. "Merchandise" shall not include: (1) goods held by Merchant on consignment; (2) on order inventory to be received or received at a Store after the Inventory Date (unless Agent in its sole discretion elects to include such inventory in Merchandise); (3) goods retained by Merchant as bailee, goods which have been sold and are being held for customers or are waiting to be delivered to customers; (4) furnishings, store fixtures and equipment; (5) goods in leased or licensed departments; (6) goods held at the Stores on layaway or for repair; (7) special order goods for customers; (8) any "Thirty Day Goods" as defined in the Bankruptcy and Insolvency Act (Canada), or any other goods in respect of which a lien or encumberance is enforced such that Agent cannot sell such goods at the Sale or, if sold, cannot retain the proceeds thereof; and (9) trading cards and magazines. Merchant shall remain responsible for processing and handling all goods referred to in the preceding sentence, and contracts relating thereto, and Agent shall have no cost, expense or responsibility in connection therewith; provided that Agent shall cooperate with Merchant in the administration of layaway, repair and special order goods.