Wholesale Business definition

Wholesale Business means the business undertaken as part of the Appointed Business excluding the Retail Business

Wholesale Business means the use of land or the occupancy of a building and/or structure, for the purposes of selling, and/or offering for sale, goods, wares and/or merchandise on a wholesale basis, and includes the storage of warehousing of those goods, wares and/or merchandise.

Wholesale Business means business conducted primarily for the purpose of selling wares or merchandise in wholesale lots to retail merchants for resale.

Examples of Wholesale Business in a sentence

• For the avoidance of doubt, the Market Operator shall not be required to pay, and shall have no liability to the Retailer Business in respect of, any Retailer Credited Market Performance Standard Charges that have not been paid by an Undertaker Wholesale Business in respect of a Retailer Business.

• Nonetheless, we believed it prudent to weight experts equally because we could not be sure that precision was an accurate reflection of an expert's actual knowledge about the parameter in question.

• The obligations of each Undertaker Wholesale Business and Retailer Business to pay Market Operator Charges, Default Market Operator Charges, Market Performance Framework Charges and Additional Service Charges provided for in this Section 10 (Cost recovery for the Market Operator’s costs) shall not be prejudiced, qualified or affected in any way by any breach by the Market Operator of any provision of the Market Terms or the Market Arrangements Code, or any other act or omission of the Market Operator.

• Each Undertaker Wholesale Business and Retailer Business shall pay all amounts due hereunder by electronic transfer to a bank account specified from time to time by the Market Operator, such payment to be made in sterling in cleared funds and in full without set off or counter claim, withholding or deduction of any kind whatsoever.

• In relation to each Year the Market Operator shall, not later than twenty five (25) Business Days after publication of its audited accounts for that Year, make a final determination and adjustment in respect of the amounts payable by each Undertaker Wholesale Business and Retailer Business by way of Market Operator Charges for that Year or any amount payable by the Market Operator in respect of any surplus of Market Operator Charges for that Year.

More Definitions of Wholesale Business

Wholesale Business means the line of business pursuant to which a Credit Party designs, manufactures and sells Inventory to retailers.

Wholesale Business means a commercial land use providing space for receiving, storing, and shipping of goods for resale.

Wholesale Business means the operations in North America through which Seller, under brand names owned or licensed to Seller, sources, manufactures, sells and distributes whole bean and ground coffees, bottled beverages and single serve K-Cup portion packs to customers including franchisees, office coffee services, foodservice channels, supermarkets, convenience stores, independent food stores, restaurants and institutional channels, including without limitation through the operation of the Equipment at the Leased Property. Notwithstanding any other provision of this Agreement, the Wholesale Business excludes (a) Seller’s operations with respect to the sale of whole bean and ground coffees and other beverages and food products to end user consumers at (i) licensed retail kiosks including but not limited to retail kiosks operating in grocery stores, colleges and universities and hotels, (ii) licensed retail stores including but not limited to retail stores operating on the premises of Boeing and other similar business customers, (iii) franchised retail stores, and (b) all of Seller’s operations outside of North America.

Wholesale Business means any business involving (i) the wholesale distribution of merchandise acquired through purchases of (A) overstocks, (B) closeouts, (C) items liquidated by a manufacturer or by a retail store, (D) merchandise available in connection with bankruptcies or other distress situations, (E) merchandise at or below regular price primarily as a result of the production of the merchandise occurring during periods in which the production facilities otherwise would be idle or would have underutilized capacity or (F) buybacks made by a manufacturer of a competitor's or its own merchandise, or (ii) the importing of types or categories of merchandise with respect to which, at the time the Employee terminates employment or at any time during the Term, the Company (A) transacts (or has transacted) wholesale business, or otherwise sells or purchases (or has sold or purchased) or (B) has committed to sell or purchase; provided that a business shall be deemed to be a Wholesale Business only if it has Ten Million Dollars ($10,000,000) or more in sales from activities described from clauses (i) and (ii) in the aggregate during either of the following periods: (1) the twelve (12) most recently completed calendar months prior to the Employee's involvement with such business or (2) the Restricted Period.

Wholesale Business has the meaning specified in Section 5.20.

Wholesale Business means that part of the business of the Licensee which is not Retail Business;

Wholesale Business means the business of distribution of petroleum products to distributors, retailers and end users.