Inventory Taking definition

Inventory Taking shall have the meaning set forth in Section 2.5.

Inventory Taking has the meaning assigned to that term in Section 5.4 hereof. “Inventory Taking Service” has the meaning assigned to that term in Section 5.4 hereof.

Inventory Taking means the SKU-level and Retail Price physical inventory of the Merchandise located at the Stores caused by the Merchant and Agent to be taken which shall count Distribution Center in accordance with the Agency Agreement.

Examples of Inventory Taking in a sentence

• Merchant and Agent shall jointly employ a mutually acceptable independent inventory taking service (the “Inventory Taking Service”) to conduct the Inventory Taking.

• Except for the Inventory Taking costs payable to the Inventory Taking Service, Merchant and Agent shall each bear its respective costs and expenses relative to the Inventory Taking.

• The Inventory Taking shall be conducted in accordance with the procedures and instructions attached hereto as Exhibit 5.4 (the “Inventory Taking Instructions”).

• Agent shall be responsible for fifty percent (50%) of the fees and expenses of the Inventory Taking Service, plus 100% of the payroll and benefits, subject to the Benefits Cap, for Retained Employees used during the Inventory Taking as an Expense hereunder and Merchant shall pay the remaining fifty percent (50%) of the fees and expenses of the Inventory Taking Service.

• The Merchant and the Agent agree to cooperate with each other to conduct the Inventory Taking commencing at a time that would minimize the number of hours that such locations would be closed for business.

More Definitions of Inventory Taking

Inventory Taking has the meaning set forth in Section 2.4(a) hereof. ---------------- "Layaway, Repair, and Special Order Merchandise" means all items of ---------------------------------------------- merchandise held by the Company on layaway or for repair, or customer-specific special orders, in each case pursuant to binding agreements, invoices or other legal documentation, where (A) the documentation is clear as to the name, address, telephone number, date of last payment and balance due from the customer, and (B) the goods subject to layaway are fully described in the documentation.

Inventory Taking has the meaning assigned to that term in Section 5.4 hereof.

Inventory Taking has the meaning set forth in Section 2.6(a).

Inventory Taking has the meaning specified in the GE Transaction Accounting Principles.

Inventory Taking has the meaning set forth in §2.12.

Inventory Taking has the meaning set forth in Section 2(i)(i).

Inventory Taking has the meaning given in Section 3.3;