Merchandise Inventory means all foodstuffs, beverages, tobacco products, magazines, books, household products, automotive products or accessories, and any other products of the Business of whatever nature held for retail sale out of the Stores, but excluding Petroleum Inventory.
Merchandise Inventory means saleable items of merchandise of every type and description (including alcohol and alcoholic beverages) at the Station Properties as of the Closing excluding Fuel Inventory, supply inventory and fuel service inventory.
Merchandise Inventory means saleable items of merchandise of every type and description at the Locations as of the Closing excluding Petroleum Inventory, Supplies Inventory and Food Service Inventory. For purposes of determining Merchandise Inventory, “saleable” shall mean all items other than (1) items that violate applicable government code specifications; (2) spoiled or damaged items, including packaging thereof; and (3) items that are stale dated as of the date of the inventory audit.
Examples of Merchandise Inventory in a sentence
Merchandise Inventory at the Locations will be determined based on the inventory quantities shown via the automatic inventory data logged in the PDI management system on the Inventory Date, which quantities will be adjusted based on the most recent monthly inventory audit conducted prior to the Inventory Date.
Both Seller’s and Purchaser’s representatives may be present to observe the taking of any Petroleum Inventory, Deli Inventory, and Merchandise Inventory.
More Definitions of Merchandise Inventory
Merchandise Inventory means saleable items of merchandise of every type and description at the Locations as of the Closing excluding Petroleum Inventory, Car Wash Supplies Inventory, Supplies Inventory, Lottery Inventory, and Food Service Inventory. For purposes of determining Merchandise Inventory, “saleable” shall mean all items other than (1) items that violate applicable government code specifications; (2) spoiled or damaged items, including packaging thereof; and (3) items that are stale dated as of the date of the inventory audit.
Merchandise Inventory means, Inventory (other than (a) Lubricants not for sale at a retail location and (b) Petroleum Inventory) held by any Obligor for retail sale in the Ordinary Course of Business.
Merchandise Inventory means all caskets, urns, vaults, monuments, and other supplies owned by Seller as of the Closing Date or used or held for use in connection with the operation of the Business.
Merchandise Inventory means all merchandise (excluding any Product Inventory) owned by the Companies as of the Measurement Time and acquired for resale or use in the Retail Assets (including Food Supplies), whether in transit or located elsewhere, whether in the possession of the Companies or any other Person.
Merchandise Inventory means all products and items held for sale to the public at the Stores including, without limitation, all food related items requiring further processing, packaging or preparation and ingredients from which prepared foods are made to be sold.
Merchandise Inventory means all merchandise (excluding any Product Inventory) owned by the Companies as of the Measurement Time and acquired for resale or use in the Retail Assets, whether in transit or located elsewhere, whether in the possession of the Companies or any other Person. Merchandise Inventory includes all food products, ingredients and miscellaneous items that are intended to undergo further processing, packaging or preparation prior to their sale to customers at the retail sites of the Retail Assets or that are provided to customers at the Retail Assets at no additional charge, including soft drink syrups, coffee, hot chocolate, condiments, cups, lids, straws and napkins.
Merchandise Inventory means all of the Rugged Liner Companies' merchandise on hand as of the Closing Date, including without limitation all finished and unfinished goods, works-in-progress, raw materials and related supplies used in the manufacture of the Rugged Liner Companies' products; and