DC Merchandise definition

DC Merchandise means those items of inventory located in Merchant’s distribution center; provided however that the DC Merchandise shall conform to the information set forth on Exhibit 5.1(b)(iii) and provided further that DC Merchandise shall not include any goods which had been offered for sale in, or allocated to, any of Merchant’s department store operations. Agent agrees to furnish Merchant promptly after the conclusion of any Auction with respect to this Agreement (and, in any event, no later than on the Sale Commencement Date) with Agent’s designation of DC Merchandise for transfer to the Stores.
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Examples of DC Merchandise in a sentence

  • Agent shall have ten (10) days after the reconciliation of the Remaining DC Merchandise Count to remove such Remaining DC Merchandise from the Distribution Centers, at Agent’s sole cost (including any Distribution Center Expenses incurred after the expiration of the Distribution Center Occupancy Period), and any Remaining DC Merchandise not timely removed shall be deemed abandoned by Agent and Merchant shall be free to dispose of such abandoned Merchandise as it deems appropriate.

  • Unless Merchant and Agent otherwise agree, and subject to both Merchant’s and Agent’s compliance with their obligations under Section 5.5 hereof, to the extent that there is any Distribution Center Merchandise remaining in the Distribution Centers at the end of the Distribution Center Occupancy Period provided for in Section 5.5 hereof (the “Remaining DC Merchandise”), such Remaining DC Merchandise shall be jointly counted by Merchant and Agent (Remaining DC Merchandise Count”) and included as Merchandise.