Common use of Store Inventory Clause in Contracts

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.

Store Inventory. On the day that Escrow the Transaction closes, an --------------- outside --------------- inventory service (the "Service") selected by Seller will conduct an in-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-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 in-store inventory.