Store Inventory Sample Clauses

Store Inventory. On the day that Escrow closes, an outside --------------- inventory service (the "Service") selected by Seller will conduct an in-store inventory of the Store Inventory. The Service will calculate the retail price of the Store Inventory. At the completion of the in-store inventory, Buyer and Seller each shall pay to the Service one half of the fee for the in-store inventory. After the in-store inventory has been completed and the Service has calculated the retail price of the Store Inventory, Seller shall calculate the amount payable for the Store Inventory in accordance with its then-current pricing policies for the sale of store inventory located at an operating business of Seller to a person who intends to re-sell the store inventory at the same location. Seller shall then notify Buyer and Escrow Holder of the amount payable for the Store Inventory. Seller's Operations will be closed to the public during the instore inventory.
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Store Inventory. (i) All resalable inventory of Seller's --------------- Operations (other than the Petroleum Inventory), in its original packaging, that is located at the Real Estate on the day that Escrow closes and (ii) all supplies that Seller uses in connection with Seller's Operations and that are located at the Real Estate on the day that Escrow closes (collectively, the "Store Inventory");
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Store Inventory. At the Closing but effective as of the Effective Time (as defined in Section 2.6), Seller shall sell, transfer and assign to Buyer all of Seller’s right, title and interest in and to all of the inventory on hand (including raw materials, work in process and finished goods) at the Restaurant Sites.
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Store Inventory. All of the Store Inventory is located at one or more of the Restaurant Sites.
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Related to Store Inventory

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Inventories The Operator shall maintain detailed records of Controllable Material.

  • Eligible Inventory As to each item of Inventory that is identified by any Borrower as Eligible Inventory in a Borrowing Base Certificate submitted to Agent, such Inventory is (a) of good and merchantable quality, free from known defects, and (b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Agent-discretionary criteria) set forth in the definition of Eligible Inventory.

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

  • Merchantable Inventory All Inventory is in all material respects of good and marketable quality, free from all material defects.

  • As to Equipment and Inventory The Grantor hereby agrees that it shall

  • Capital Equipment Collaborator’s commitment, if any, to provide ICD with capital equipment to enable the research and development activities under the Research Plan appears in Appendix B. If Collaborator transfers to ICD the capital equipment or provides funds for ICD to purchase it, then ICD will own the equipment. If Collaborator loans capital equipment to ICD for use during the CRADA, Collaborator will be responsible for paying all costs and fees associated with the transport, installation, maintenance, repair, removal, or disposal of the equipment, and ICD will not be liable for any damage to the equipment.

  • Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.

  • Physical Inventory Borrower shall conduct a physical count of the Inventory at such intervals as FINOVA requests and promptly supply FINOVA with a copy of such accounts accompanied by a report of the value (calculated at the lower of cost or market value on a first in, first out basis) of the Inventory and such additional information with respect to the Inventory as FINOVA may request from time to time.

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