Slow-Moving Items Sample Clauses

Slow-Moving Items. Stripes shall review the Stores’ product mix at least quarterly and shall replace each slow-moving item with an item reflecting greater unit sales within each applicable McLane division. A slow-moving item is any item which, with respect to the applicable McLane division, does not meet a minimum of [***] cases per week, with a “case” comprising the total number of selling units grouped together in the shipping unit; provided, however, that any product or supply purchased by the Stores primarily for a use other than resale to the public, and any ‘critical product(s)’ that are mutually agreed upon between Stripes and McLane, shall not be deemed to constitute ‘slow moving items.’ If the slow-moving item is a Stripes Item, or if any Stripes Item is discontinued for any reason, Stripes shall purchase from McLane all of XxXxxx’x on-hand inventory of that Stripes Item within 30 days after the end of the month in which that item should be replaced at a price equal to the cost McLane paid for those items plus all reasonable, and necessary handling costs and expenses. Furthermore, upon expiration or termination of this agreement, Stripes shall purchase from McLane all of XxXxxx’x on-hand inventory of Stripes Items at a price determined in accordance with the preceding sentence. * CONFIDENTIAL TREATMENT REQUESTED: INFORMATION FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED IS OMITTED AND IS NOTED WITH “[***].” AN UNREDACTED VERSION OF THIS DOCUMENT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
Sample 1
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Slow-Moving Items. The Pantry shall review the Stores' product mix at least quarterly and shall replace each slow-moving item with an item reflecting greater unit sales within each applicable McLane division. A slow-moving item is any Item which, with respect to the applicable McLane division, does not meet a minimum of [***] per week at any McLane Division, with a [***] comprising the [***] of [***] in the [***]. If the slow­ moving item Is a Pantry Item, or if any Pantry Item is discontinued for any reason, The Pantry shall purchase from McLane all of XxXxxx'x on-hand inventory of that Pantry Item within [***] days after the end of the month in which that item should be replaced at a price equal to the cost McLane paid for those items [***] any customary and necessary [***] and [***]. Furthermore, upon expiration or termination of this agreement, The Pantry shall purchase from McLane all of XxXxxx'x on-hand inventory of Pantry Items at a price determined in accordance with the preceding sentence. _________________ [***] Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission.
Sample 1
Slow-Moving Items. The Pantry shall review the Stores’ product mix at least quarterly and shall replace each slow-moving item with an item reflecting greater unit sales within each applicable McLane division. A slow-moving item is any item which, with respect to the applicable McLane division, does not meet a minimum of [***] per week, with a [***] comprising the [***] of [***] in the [***]. If the slow-moving item is a Pantry Item, or if any Pantry Item is discontinued for any reason, The Pantry shall purchase from McLane all of XxXxxx’x on-hand inventory of that Pantry Item within [***] days after the end of the month in which that item should be replaced at a price equal to the cost McLane paid for those items [***] any mutually agreed [***] and [***]. Furthermore, upon expiration or termination of this agreement, The Pantry shall purchase from McLane all of XxXxxx’x on-hand inventory of Pantry Items at a price determined in accordance with the preceding sentence.
Sample 1

Related to Slow-Moving Items

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