Retail Merchandise definition

Retail Merchandise has the meaning set forth in Section 2.1.7.

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Retail Merchandise means any new article, product, commodity, item, or component intended to be sold in retail commerce.

Retail Merchandise shall have the meaning assigned thereto in SECTION 2.1(b)(xi).

Examples of Retail Merchandise in a sentence

• The Seller shall receive a credit for all advance payments or deposits made with respect to FF&E, Retail Merchandise, Property and Equipment and Inventories ordered, but not delivered to the Hotel prior to the Closing Date, and the Buyer shall pay the amounts which become due and payable for such FF&E, Retail Merchandise, Property and Equipment and Inventories which were ordered but not delivered prior to Closing.

• Seller shall receive a credit for all advance payments or deposits made with respect to FF&E, Supplies, F&B and Retail Merchandise ordered, but not delivered to the Hotel prior to the Closing Date, and Purchaser shall pay the amounts which become due and payable for such FF&E, Supplies, F&B and Retail Merchandise which were ordered prior to Closing.

• Other than the excluded property set forth in SECTION 2.1(c), the Seller has good marketable title to the FF&E, Property and Equipment, Retail Merchandise and Inventories, free and clear of all liens and encumbrances as of the Closing Date.

• Seller shall receive a credit for all Retail Merchandise and unopened items of F&B (including, without limitation, all F&B in any “mini bars” in the guest rooms) based on Seller’s cost for such items.

• Seller shall receive a credit for all advance payments or deposits made with respect to FF&E, Supplies, F&B and Retail Merchandise that have been ordered, but not delivered to the Hotel prior to the Closing Date, and Purchaser shall pay the amounts which become due and payable for such FF&E, Supplies, F&B and Retail Merchandise which were ordered prior to Closing.

More Definitions of Retail Merchandise

Retail Merchandise means all merchandise owned by Owner or Lessee or any of their Affiliates and held for sale to guests and customers, or ordered for sale at the Hotel as of the Closing, including, without limitation, inventory held for sale in any gift shop, spa, or newsstand operated by Owner, Lessee or Manager at the Hotel, but expressly excluding the F&B, Supplies and any merchandise owned by the tenants and licensees under the Tenant Leases.

Retail Merchandise has the meaning set forth in Section 2.1(f) of this Agreement.

Retail Merchandise has the meaning set forth in Appendix 1.1(A)(i).

Retail Merchandise means any new article, product,

Retail Merchandise means all merchandise located at the Resort and held for sale by the Companies to guests and customers of the Resort, but not including any such merchandise owned by any Tenant.

Retail Merchandise means all merchandise located at the Property or stored off-site and held for sale to guests and customers of the Property, or ordered for future sale at the Property as of the Closing, including, without limitation, the inventory held for sale in any gift shop, or newsstand operated at the Property, but expressly excluding the F&B. “F&B” means all food and beverages (alcoholic and non- alcoholic) which are located at the Property (whether opened or unopened) or stored off-site, or ordered for future use at the Property as of the Closing, including, without limitation, all food and beverages located in the guest rooms, but expressly excluding any alcoholic beverages to the extent the sale or transfer of the same is not permitted under applicable law.

Retail Merchandise means any article, product, commodity, item, or component