Common use of Sale Reconciliation Clause in Contracts

Sale Reconciliation. On each Wednesday during the Sale Term, commencing on the second Wednesday after the Sale Commencement Date, Agent and Merchant shall cooperate to reconcile Expenses of the Sale, receipts of Returned Merchandise in the Stores, and such other Sale-related items as either party shall reasonably request, in each case for the prior week or partial week (i.e. Sunday through Saturday), all pursuant to procedures reasonably agreed upon by Merchant and Agent. Within thirty (30) days after the end of the Sale Term, Agent and Merchant shall complete a final reconciliation of the Sale, the written results of which shall be certified by representatives of each of Merchant and Agent as a final settlement of accounts between Merchant and Agent (the “Final Reconciliation”).

Appears in 1 contract

Samples: Agency Agreement (Office Depot Inc)

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Sale Reconciliation. On each Wednesday during the Sale TermTerm (for the previous week ending Saturday), commencing on the second Wednesday after the Sale Commencement Date, Agent and Merchant shall cooperate to reconcile Expenses of the SaleSale Expenses, receipts of Gross Rings, if still applicable, Returned Merchandise in the StoresMerchandise, and such other Sale-Sale related items as either party shall reasonably request, in each case for the prior week or partial week (i.e. Sunday through Saturday), all pursuant to procedures reasonably agreed upon by Merchant and Agent. Within thirty (30) days after the end of the Sale Term, Agent and Merchant shall complete a final reconciliation of the SaleSale Expenses and the sale of Merchandise, the written results of which shall be certified by representatives representations of each of Merchant and Agent as a final settlement of accounts between Merchant and Agent (the “Final Reconciliation”)Agent.

Appears in 1 contract

Samples: Agency Agreement (Factory 2 U Stores Inc)

Sale Reconciliation. On each Wednesday during the Sale Term, commencing on the second Wednesday after the Sale Commencement Date, Agent and Merchant shall cooperate to reconcile Expenses Expenses, sales of the Sale, receipts of Returned Merchandise in the Stores, Merchant Consignment Goods and such other Sale-related items as either party shall reasonably request, in each case for the prior week or partial week (i.e. i.e., Sunday through Saturday), all pursuant to procedures reasonably agreed upon by Merchant and AgentAgent (each such reconciliation, an “Interim Reconciliation”). Within thirty sixty (3060) days after the end of the Sale Term, Agent and Merchant shall complete a final reconciliation of the SaleFinal Reconciliation, the written results of which shall be certified by representatives of each of Merchant and Agent as a final settlement of accounts between Merchant and Agent (the “Final Reconciliation”)Agent.

Appears in 1 contract

Samples: Agency Agreement

Sale Reconciliation. On each Wednesday during the Sale TermTerm (for the previous week ending Saturday), commencing on the second Wednesday after the Sale Commencement Date, Agent and Merchant shall cooperate to reconcile Expenses of the SaleSale Expenses, receipts of Returned Merchandise in the StoresGross Rings, if still applicable, and such other Sale-Sale related items as either party shall reasonably request, in each case for the prior week or partial week (i.e. Sunday through Saturday), all pursuant to procedures reasonably agreed upon by Merchant and Agent. Within thirty (30) days after the end of the Sale Term, Agent and Merchant shall complete a final reconciliation of the SaleSale Expenses, the written results of which shall be certified by representatives representations of each of Merchant and Agent as a final settlement of accounts between Merchant and Agent (the “Final Reconciliation”)Agent.

Appears in 1 contract

Samples: Agency Agreement (Crown Books Corp)

Sale Reconciliation. On each Wednesday weekday agreed upon by the ------------------- parties during the Sale Term, commencing on the second Wednesday such weekday after the Sale Commencement Date, Agent and Merchant shall cooperate to reconcile Expenses of the SaleExpenses, receipts of Returned Merchandise in at the StoresStores (including quantities and Retail Price thereof, and such other Sale-related items as either party shall reasonably request, in each case for the prior week or partial week (i.e. Sunday through Saturday), all pursuant to procedures reasonably agreed upon by Merchant and Agent. Within thirty forty five (3045) days after the end of the Sale Term, Agent and Merchant shall complete a final reconciliation of the Sale, the written results of which shall be certified by representatives representations of each of Merchant and Agent as a final settlement of accounts between Merchant and Agent (the “Final Reconciliation”)Agent.

Appears in 1 contract

Samples: Agency Agreement (Montgomery Ward Holding Corp)

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Sale Reconciliation. On each Wednesday during the Sale Term, commencing on the second Wednesday after the Sale Commencement Date, Agent and Merchant shall cooperate to reconcile Expenses of the Sale, receipts of Returned Distribution Center Merchandise and/or On-Order Merchandise in the Stores, and such other Sale-related items as either party shall reasonably request, in each case for the prior week or partial week (i.e. Sunday through Saturday), all pursuant to procedures reasonably agreed upon by Merchant and Agent. Within thirty (30) days after the end of the Sale Term, Agent and Merchant shall complete a final reconciliation of the Sale, the written results of which shall be certified by representatives of each of Merchant and Agent as a final settlement of accounts between Merchant and Agent (the “Final Reconciliation”)Agent.

Appears in 1 contract

Samples: Agency Agreement (Linens Holding Co.)

Sale Reconciliation. On each Wednesday during the Sale Term, commencing on the second Wednesday after the Sale Commencement Date, Agent and Merchant shall cooperate to reconcile Expenses of the Sale, receipts of Returned Distribution Center Merchandise and/or On-Order Merchandise in the Closing Stores, and such other Sale-related items as either party shall reasonably request, in each case for the prior week or partial week (i.e. Sunday through Saturday), all pursuant to procedures reasonably agreed upon by Merchant and Agent. Within thirty (30) days after the end of the Sale Term, Agent and Merchant shall complete a final reconciliation of the Sale, the written results of which shall be certified by representatives of each of Merchant and Agent as a final settlement of accounts between Merchant and Agent (the “Final Reconciliation”)Agent.

Appears in 1 contract

Samples: Agency Agreement

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