Rental Merchandise definition

Rental Merchandise means (i) the Active Rental Merchandise and (ii) the Inactive Rental Merchandise.
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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 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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Examples of Rental Merchandise in a sentence

  • Inventories and Rental Merchandise in Service Inventories are stated at the lower of cost or market value, net of any reserve for excess and obsolete inventory.

  • 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.

  • Rental Merchandise in Service Rental merchandise in service, stated at cost less amortization, is being amortized on a straight-line basis over the estimated service lives (primarily 12 months) of the merchandise.

  • Shareholder and Sellers have delivered to Buyer or will deliver to Buyer upon execution of this Agreement, an itemized list of all of the Rental Merchandise as of October 31, 1997 showing the date of purchase, the supplier, the cost, description of each item sufficient to identify it to Buyer, and the location of each item.

  • There shall be conducted by the Corporation's certified public accountants, BDO Seidxxx XXX ("BDO") within sixty (60) days following the Closing Date an audit, as part of BDO's audit of the Corporation's financial statements for the period ending December 31, 1996, of (i) the Liabilities of the Corporation as of December 31, 1996 and (ii) the Net Book Value of Rental Merchandise of the Corporation as of December 31, 1996 (the "BDO Audit").

  • Otherwise, such dollar for dollar reduction in the Purchase Price shall not occur unless and until the Future Rental Revenue Stream and the Net Book Value of Rental Merchandise, as calculated after such audits, are below $7,602,804 and $2,177,804, respectively.

  • Revenue Streams Membership USARS Sponsored Events World Championships Seminars/Clinics Interest Rental Merchandise Sales (not material) Commissions Other Income (sponsorships misc.

  • Seller and the Corporation have delivered to the Buyer or will deliver to Buyer upon execution of this Agreement, an itemized list of all of the Rental Merchandise as of December 28, 1996 showing the date of purchase, the supplier, the cost, description of each item sufficient to identify it to Buyer, and the location of each item.

  • Sellers and the Corporation have delivered to Buyer or will deliver to Buyer upon execution of this Agreement, an itemized list of all of the Rental Merchandise as of November 30, 1996 showing the date of purchase, the supplier, the cost, description of each item sufficient to identify it to Buyer, and the location of each item.

  • IFIs, donors and foreign direct investment can close the gap by roughly US$10 billion per year using existing instruments.


More Definitions of Rental Merchandise

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 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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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

  • Cemetery merchandise means merchandise described in section 4(1)(k)(i).

  • 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.

  • Distressed merchandise means an alcoholic product in the possession of the

  • Unsaleable liquor merchandise means a container that:

  • 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 the “auto” rented or leased by the “renter” from the “policyholder” and described in the “rental agreement.”

  • 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 the provision of the Goods and/or 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.

  • 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”.

  • Furniture means articles of which wood, reeds, rattan, cane, seagrass or metal comprise the whole or part and such as are usually made or assembled by cabinet makers, assemblers in the furnishing trades, chair and couch makers, upholsterers, wood carvers, or wood turners; and

  • CIP (Destinations means Carriage and Insurance Paid up to named port of destination. Additionally the Insurance (local transportation and storage) would be extended and borne by the Supplier from ware house to the consignee site for a period including 3 months beyond date of delivery.

  • 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.

  • ATMs means an automated teller or cash machine operated by us or by someone else, where your debit card will be accepted.

  • Transient merchant means any person who engages in a temporary or itinerant merchandising business and in the course of such business hires, leases or occupies any building or structure whatsoever, or who operates out of a vehicle which is parked anywhere within the City limits. Temporary association with a local merchant, dealer, trader or auctioneer, or conduct of such transient business in connection with, as a part of, or in the name of any local merchant, dealer, trader or auctioneer does not exempt any person from being considered a transient merchant.