Merchandise Inventory definition

Merchandise Inventory means all foodstuffs, beverages, tobacco products, magazines, books, household products, automotive products or accessories, and any other products of the Business of whatever nature held for retail sale out of the Stores, other than Petroleum Inventory.

Merchandise Inventory means saleable items of merchandise of every type and description at the Locations as of the Closing excluding Petroleum Inventory, Car Wash Supplies Inventory, Supplies Inventory, Lottery Inventory, and Food Service Inventory. For purposes of determining Merchandise Inventory, “saleable” shall mean all items other than (1) items that violate applicable government code specifications; (2) spoiled or damaged items, including packaging thereof; and (3) items that are stale dated as of the date of the inventory audit.

Merchandise Inventory means saleable items of merchandise of every type and description (including alcohol and alcoholic beverages) at the Station Properties as of the Closing excluding Fuel Inventory, supply inventory and fuel service inventory.

Examples of Merchandise Inventory in a sentence

• These inventories are normally expensed when purchased and therefore are not reported on the statement of net assets.⮚ Merchandise Inventory – Those inventories maintained which are available for resale to individuals and other University departments, and are not expensed at the time of purchase.

• These inventories are normally expensed when purchased and therefore are not reported on the statement of net assets. Merchandise Inventory – Those inventories maintained which are available for resale to individuals and other University departments, and are not expensed at the time of purchase.

• Merchandise Inventory Inventory is valued at the lower of cost or market.

• These inventories are normally expensed when purchased and therefore are not reported on the statement of net position. Merchandise Inventory – Those inventories maintained which are available for resale to individuals and other University departments, and are not expensed at the time of purchase.

• Accounts (7) Merchandise Inventory (8) Property, Plant, & Equipment Land (9) Buildings (9) Accum.

More Definitions of Merchandise Inventory

Merchandise Inventory means, Inventory (other than (a) Lubricants not for sale at a retail location and (b) Petroleum Inventory) held by any Obligor for retail sale in the Ordinary Course of Business.

Merchandise Inventory means all caskets, urns, vaults, monuments, and other supplies owned by Seller as of the Closing Date or used or held for use in connection with the operation of the Business.

Merchandise Inventory means all merchandise (excluding any Product Inventory) owned by the Companies as of the Measurement Time and acquired for resale or use in the Retail Assets (including Food Supplies), whether in transit or located elsewhere, whether in the possession of the Companies or any other Person.

Merchandise Inventory means all usable, non-damaged and non-out of date products and items held for sale to the public including, without limitation, all food related items requiring further processing, packaging or preparation and ingredients from which prepared foods are made to be sold.

Merchandise Inventory means all merchandise (excluding any Product Inventory) owned by the Companies as of the Measurement Time and acquired for resale or use in the Retail Assets, whether in transit or located elsewhere, whether in the possession of the Companies or any other Person. Merchandise Inventory includes all food products, ingredients and miscellaneous items that are intended to undergo further processing, packaging or preparation prior to their sale to customers at the retail sites of the Retail Assets or that are provided to customers at the Retail Assets at no additional charge, including soft drink syrups, coffee, hot chocolate, condiments, cups, lids, straws and napkins.

Merchandise Inventory means all of the Rugged Liner Companies' merchandise on hand as of the Closing Date, including without limitation all finished and unfinished goods, works-in-progress, raw materials and related supplies used in the manufacture of the Rugged Liner Companies' products; and

Merchandise Inventory means for purposes of this Agreement all of Sellers' merchandise inventory as at the Closing Date designated and/or allocated for the Business, whether located in the Stores, any Seller distribution center or warehouse (including, but not limited to, the Repp Catalogue Warehouse), any third party location, or any otxxx place or location otherwise under the custody and control of Sellers, including layaway, repair and special order merchandise; provided, however, Merchandise Inventory shall not include: (i) Defective Merchandise, (ii) goods which belong to sublessees, licensees or concessionaires of Sellers, and (iii) goods held by Sellers on memo, on consignment, or as bailee; provided, further, In-Transit Goods shall not become Merchandise Inventory until such time as such goods are received by Sellers or Purchaser, as the case may be.