Rental Merchandise definition

Rental Merchandise means (i) the Active Rental Merchandise and (ii) the Inactive Rental Merchandise.
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Rental Merchandise means the furniture, appliances, electronic equipment and other personal property of the Borrower and the Guarantors acquired for the purpose of lease or sale under the Rental Contracts.
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Rental Merchandise means the furniture, appliances, electronic equipment and other personal property of the Loan Parties acquired for the purpose of lease or sale under the Rental Contracts.
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Examples of Rental Merchandise in a sentence

  • Growth Number of Stores Employees Total Revenue Revenue Breakout: Rental Merchandise Other Same Store Rev.

  • For purposes of this Section 8.2.21, the value of the Rental Merchandise shall be as it is recorded on the books and records of the Loan Parties, determined in accordance with GAAP and the value of any jewelry shall be excluded from all calculations made.

  • The Loan Parties shall not permit the value of the Rental Merchandise under lease pursuant to Rental Contracts to be less than 77% of the total value of Rental Merchandise held for rental under rental contracts, as measured at the end of each fiscal quarter of the Borrower commencing September 30, 2001 and thereafter.

  • For the fiscal quarter ended December 31, 1996 and each fiscal quarter thereafter, the Rental Merchandise Adjustment shall equal the capital expenditures of the Loan Parties for Rental Merchandise for such fiscal quarter.

  • The Loan Parties shall not permit at any time the value of the Rental Merchandise under lease pursuant to Rental Contracts to be less than 75% of the total value of Rental Merchandise.

  • Rental Merchandise consists primarily of residential and office furniture, consumer electronics and other merchandise and is recorded at cost.

  • For purposes of this Section 8.26, the value of the Rental Merchandise shall be as it is recorded on the books and records of the Borrower and the Guarantors, determined in accordance with GAAP and the value of any jewelry shall be excluded from all calculations made.

  • Selected Balance Sheet Data (In Thousands) (Unaudited) December 31, December 31, 2004 2003 ------------ ------------ Cash $ 5,865 $ 4,687 Accounts Receivable 32,736 30,878 Rental Merchandise, Net 425,567 343,013 Property, Plant and Equipment, Net 109,937 99,584 Other Assets, Net 123,417 81,722 Total Assets 697,522 559,884 Bank Debt 45,528 13,870 Senior Notes 50,000 50,000 Total Liabilities 322,344 239,698 Shareholders' Equity $ 375,178 $ 320,186 SOURCE Aaron Rents, Inc.

  • Selected Balance Sheet Data (In Thousands) (Unaudited) September 30, December 31, 2004 2003 Cash $150 $95 Accounts Receivable 32,561 30,878 Rental Merchandise, Net 405,784 343,013 Property, Plant and Equipment, Net 105,729 99,584 Other Assets, Net 95,683 81,722 Total Assets 639,907 555,292 Bank Debt 44,286 13,870 Senior Notes 50,000 50,000 Total Liabilities 278,949 235,106 Shareholders' Equity $360,958 $320,186 SOURCE Aaron Rents, Inc.

  • In accordance with Section 6.2 of the Asset Purchase Agreement, the Company shall pay to the Acquiror the difference between the Expected Closing Date Rental Merchandise Value ($66,002,000) and the Company Determined Closing Date Rental Merchandise Value within thirty (30) days of the Closing Date.


More Definitions of Rental Merchandise

Rental Merchandise means all merchandise of the Business which is the subject of a Rental Contract or which is maintained by the Corporation for the Business for rent or rental purchase by customers.
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Rental Merchandise means all finished merchandise of Borrower held for rental to retail customers.
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Rental Merchandise means the furniture, appliances, electronic equipment and other personal property of the Loan Parties acquired for the purpose of lease or sale under the Rental Contracts. Reportable Event shall mean a reportable event described in Section 4043 of ERISA and regulations thereunder with respect to a Plan or Multiemployer Plan. Required Lenders shall mean
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Rental Merchandise means any item of Merchandise, including dvds, videos, and games that are rented to the public in the ordinary course of business.
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Related to Rental Merchandise

  • Merchandise means any personal property offered or sold for use in connection with the funeral, final disposition, memorialization, or interment of human remains, but which is exclusive of interment rights.

  • Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

  • Leased Equipment means the computers, servers, machinery and equipment and other tangible personal property leased by Seller for use in the operation or conduct of the Business.

  • Goods means all of the equipment, machinery, and/or other materials that the supplier is required to supply to the purchaser under the contract.

  • Rental Vehicle means a New Vehicle less than two years old owned by a New Vehicle Borrower and purchased directly from a manufacturer as a New Vehicle and that is used as a service loaner vehicle or is periodically subject to a rental contract with customers of the New Vehicle Borrower for loaner or rental periods of up to thirty (30) consecutive days or is used by dealership personnel in connection with parts and service operations.

  • Terminal Equipment means all telephone instruments, including pay telephone equipment, the common equipment of large and small key and PBX systems and other devices and apparatus, and associated wirings, which are intended to be connected electrically, acoustically or inductively to the telecommunication system of the telephone utility.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • business premises means premises on which a business is conducted, premises rented in whole or in part to others, or held for rental.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Customer Premises means premises owned, controlled or occupied by the Customer which are made available for use by the Supplier or its Sub-Contractors for provision of the Services (or any of them);

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.

  • Customer’s Premises means the land and buildings owned or occupied by a Customer, and any land over which the Customer has an easement or right to pass electricity, including:

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; beverages in wine cellars and bars; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.

  • Stores means the goods specified in the Supply Order or schedule which the supplier / contractor has agreed to supply under contract.

  • Retail location means a facility listed under NFPA 1124, 7.1.2.

  • Rentals of a Person means the aggregate fixed amounts payable by such Person under any Operating Lease.

  • Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.

  • Operating Equipment means furniture, furnishings, special lighting fixtures, carpeting, draperies, decorations or other special finishing work, signs, appliances and trade fixtures and equipment that is furnished, installed or used by the Contractor in its operations on the Airport. It does not include Fixed Improvements, or repair or maintenance of Operating Equipment or Fixed Improvements or displays or decorations that are of a seasonal or temporary promotional nature.

  • shipped includes removal from the work sites by ship or any other means;