Pro Shop Inventory definition

Pro Shop Inventory means the clothing, golf equipment and other personal property properly classified as inventory that is located on the Closing Date within the pro shop that serves the Golf Course.
View Source
Pro Shop Inventory means the merchandise located in any Pro Shops or similar facility and held for sale in the ordinary course of business, including, without limitation, all golf clubs, bags and balls and other golf equipment, all golf shirts, hats and shoes, tennis racquets, tennis shoes, tennis apparel, and other items of clothing held for sale in and from the Pro Shops in the ordinary course of operating the Pro Shops.
View Source
Pro Shop Inventory means the merchandise usually sold at golf shops at private and public golf course facilities, including, without limitation, clubs, bags, balls, clothes, shoes, gloves, hats, tees, markers, towels and other golf apparel and accessories.
View Source

Examples of Pro Shop Inventory in a sentence

  • In addition to the foregoing, at Closing, Purchaser shall pay cash for Food and Beverages Cost and Pro Shop Inventory Costs as described in Section 6.2(b).

  • Upon expiration or earlier termination (including partial termination) of this Agreement, Manager shall surrender the Properties to Tenant with pro shop inventory in place at the level of Par Pro Shop Inventory, and levels of other categories of inventory at such levels as existed as of the Commencement Date.

  • All Food and Beverages and Pro Shop Inventory shall be conveyed to Purchaser on the Closing Date at the Food and Beverages Cost and Pro Shop Inventory Cost, respectively, which shall be in addition to the Purchase Price.

  • A list of Food and Beverages and Pro Shop Inventory, along with a list of Purchase Orders or other evidence of cost related to applicable Food and Beverages items and Pro Shop Inventory items is attached hereto as Exhibit 6.2(b).


More Definitions of Pro Shop Inventory

Pro Shop Inventory means the merchandise usually sold at golf shops at private and public golf course facilities, including without limitation, clubs, bags, balls, clothes, shoes, gloves, hats, and other golf apparel and accessories.
View Source

Related to Pro Shop Inventory

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrowers’ business.

  • Obsolete Inventory means items that have expired, are redundant or damaged;

  • Excluded Inventory has the meaning set forth in Section 2.2(b).