Markdowns definition

Markdowns means merchandise in Retailer's inventory offered for sale at less than the price it was originally offered for.
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Markdowns means merchandise currently in Retailer's inventory in a substantial number of its TSA Stores which is systematically offered for sale at prices less than the original retail prices at which Retailer offered such merchandise, in response to low demand, seasonality, obsolescence or other market conditions.
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Markdowns means Merchandise offered for sale on the Designated Web --------- sites or to Blue under this Agreement at a price reduced from its original price and available only in limited quantities.
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Examples of Markdowns in a sentence

  • In the event that the Retailer has available ---------- Markdowns which it would like to offer for sale on its Web Site solely at its discretion, it shall notify GSI and ship the Markdowns to GSI's fulfillment center.

  • GSI shall account to Retailer for the sale of any Markdowns at the same time that it accounts to the Retailer for sale of other On Line Merchandise on the Retailer's Web Site.

  • Retailer shall set the selling prices on the Markdowns; provided however, that GSI shall have no obligation to offer any Markdowns for sale on the Retailer's Web Site which GSI deems, in its sole discretion, would be inappropriate.

  • GSI shall account to Retailer for the sale of any Markdowns at the same time that it accounts to the Retailer for Retailer's Revenue Share.

  • Retailer shall set the selling prices on the Markdowns; provided however, that GSI on behalf of the Retailer shall have no obligation to offer any Markdowns for sale on the Retailer's Web Site which GSI deems, in its sole discretion, would be inappropriate.

  • Retailer shall retain [*] of the selling price received from the sale of any Markdowns when sold (excluding applicable taxes and shipping and handling charges; the remainder of [*] plus shipping and handling charges shall be retained by GSI as its management fee in connection with the sale of the Markdowns.

  • GSI's Management Fee, including any management fee to GSI as a result of the sale of Markdowns or Land Based Gift Certificates shall be paid pursuant to the provisions of paragraph 3.9 below.

  • In the event that the Retailer has available Markdowns ---------- which it would like to offer for sale on its Web Site solely at its discretion, it shall notify GSI and ship the Markdowns to GSI's fulfillment center.

  • For and in consideration of the services to be -------------------- rendered by GSI to Retailer hereunder, GSI shall be paid a management fee ("Management Fee") equal to [*] per cent of the sales price of all On Line Merchandise for all On Line Merchandise sold, excluding however, the sale of Markdowns and Land Based Gift Certificates, the management fee for which shall be governed by paragraphs 3.5 e.

  • The amount of proceeds from the sale of Markdowns shall not be considered the sale of On Line Merchandise for the purpose of determining the amount to be remitted to Retailer pursuant to paragraph 3.8 below.


More Definitions of Markdowns

Markdowns means Merchandise offered for sale by GSI under this --------- Agreement at a price reduced from its original price and available only in limited quantities .
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Markdowns means merchandise in Retailer's inventory offered for sale --------- at a price permanently and substantially reduced from its original price.
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Related to Markdowns

  • Allowances means compensation payable for the performance of special or additional duties;

  • Tickets means a ticket, voucher or other form of pass issued by FOHES permitting access to the Facility during the Event Period;

  • Shrinkage means the allowance for loss in weight of Grain that occurs during the storage and handling and transport process.

  • Chargebacks means all credits, chargebacks, reimbursements, administrative fees and other financial obligations to wholesalers and other distributors, group purchasing organizations, insurers, Governmental Entity and other institutions related to the Product.

  • Ticket means either a paper or electronic document issued by or on behalf of the carrier which includes the passenger’s flight coupons. The ticket serves as evidence of payment of air fare and constitutes for the passenger proof of their contract of carriage. It also has detailed information to ensure proper processing and handling. In instances where a ticket exists as an electronic document, the carrier issues to the passenger, as proof of purchase, an itinerary/receipt.