RETAIL VALUE Sample Clauses

The RETAIL VALUE clause defines the standard or method for determining the retail price of goods or services referenced in the agreement. Typically, this clause specifies how the retail value is calculated, such as referencing a manufacturer's suggested retail price, prevailing market rates, or a mutually agreed-upon figure. By establishing a clear basis for valuation, the clause ensures consistency in pricing, helps prevent disputes over worth, and provides a transparent reference point for transactions or compensation calculations.
RETAIL VALUE. The term "Retail Value" herein shall mean the aggregate of the item values of the respective items of all the Merchandise. Merchandise shall include all goods owned by Merchant and located at the Stores on the Inventory Date except: (i) goods which Merchant shall have reasonably shown to belong to sublessees, licensees or concessionaires of Merchant or to have been placed in the Stores on consignment; and (ii) furniture, fixtures, equipment and improvements to realty located in the Stores. The ticketed price of any item of Merchandise shall not include any sales or gross receipts taxes. If any item of Merchandise has more than one ticket, the lower retail price shall prevail unless Merchant establishes that such Merchandise was inadvertently priced incorrectly. Merchandise arriving at the Stores following the Start Date ("On Order Merchandise"), shall be valued at the lowest ticketed price less the discount then prevailing in the Stores.
View SourceView Similar (4)
RETAIL VALUE. The term "Retail Value" shall mean the fair market value of the Inventory and each Interval constituting part of the Inventory, as determined by Lender in its sole discretion.
View SourceView Similar (2)
RETAIL VALUE. The term “Retail Value” shall mean the fair market value of the Inventory and each Interval constituting part of the Inventory, as determined by Lender in its sole discretion.
View SourceView Similar (2)
RETAIL VALUE the product of $1.68 multiplied by the number of unsold Vacation Points attributable to Encumbered Timeshare Product, inclusive of any unsold Timeshare Inventory that constitutes Encumbered Timeshare Product and is located in Units that are currently used for on-site sales models, but excluding Units used for alternative purposes such as, for example, office space, storage or conference rooms.  Securitization: as defined in the Receivables Loan Agreement.  Security Documents: the Mortgage, this Agreement and all other documents now or hereafter securing the Obligations, as they may be from time to time be amended, supplemented or restated. Subordination Agreement: such subordination agreement from a Subordinator subordinating Indebtedness owed to it by Borrower to all or a part of the Obligations, whether delivered on or before the Effective Date or thereafter, as the same may from time to time be amended, supplemented or restated.  Subordinated Indebtedness: Indebtedness represented by Guarantor's junior subordinated debentures or such other Indebtedness incurred by Guarantor which is treated as subordinated indebtedness in accordance with GAAP.  Subordinator: at any time, a Person (including Big Cedar, L.L.C., a Missouri limited liability company, Bluegreen Vacations Unlimited, Inc., a Florida corporation and Guarantor) then required under the terms of this Agreement to subordinate Indebtedness owed to it by Borrower or a Guarantor to all or any part of the Obligations in accordance with the terms of a Subordination Agreement.  Subsequent Increase: as defined in the Receivables Loan Agreement. 12 6284.98.1115736.11  Term: the duration of this Agreement, commencing on the Effective Date and ending when all of the payment Obligations have been Performed (other than the portion of the Obligations that survive repayment of the Note, such as indemnities given under the Loan Documents, which have not accrued prior to the repayment of the Note).  Timeshare Association: the Long Creek Timeshare Association.  Timeshare Declaration: that certain Amended and Restated Declaration of Condominium for Bluegreen Wilderness Club at Long Creek Ranch, a Condominium, recorded with the Taney County Recorder’s office on July 28, 2008 in Book 2008L, Page 34602, as amended from time to time, which has established the Long Creek Timeshare Program. 
View Source

Related to RETAIL VALUE

  • Rental Value Lessor shall also obtain and keep in force during the term of this Lease a policy or policies in the name of Lessor, with loss payable to Lessor and any Lender(s), insuring the loss of the full rental and other charges payable by all lessees of the Building to Lessor for one year (including all Real Property Taxes, insurance costs, all Common Area Operating Expenses and any scheduled rental increases). Said insurance may provide that in the event the Lease is terminated by reason of an insured loss, the period of indemnity for such coverage shall be extended beyond the date of the completion of repairs or replacement of the Premises, to provide for one full year's loss of rental revenues from the date of any such loss. Said insurance shall contain an agreed valuation provision in lieu of any co-insurance clause, and the amount of coverage shall be adjusted annually to reflect the projected rental income, Real Property Taxes, insurance premium costs and other expenses, if any, otherwise payable, for the next 12-month period. Common Area Operating Expenses shall include any deductible amount in the event of such loss.

  • Market Value Market value shall be determined by the Lending Agent, where applicable, based upon the valuation policies adopted by the Client’s Board of Directors/Trustees.

  • Annual Valuation The Trust shall annually, at least 30 days prior to the anniversary date of establishment of the Fund, furnish to the Grantor and to the Agency a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the fund. The failure of the Grantor or the Agency to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the Agency shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

  • Appraised Value If an Objecting Party objects in writing to the Initial Valuation within ten (10) days after its receipt of the Valuation Notice, the Objecting Party, within fourteen (14) days from the date of such written objection, shall engage an Independent Appraiser (the “First Appraiser”) to determine within thirty (30) days of such engagement the Fair Market Value of the Partnership Interests (the “First Appraised Value”). The cost of the First Appraiser shall be borne by the Objecting Party. If the First Appraised Value is at least eighty percent (80%) of the Initial Value and less than or equal to one hundred twenty percent (120%) of the Initial Value, then the Purchase Price shall be the average of the Initial Value and the First Appraised Value. If the First Appraised Value is less than eighty percent (80%) of the Initial Value or more than one hundred twenty percent (120%) of the Initial Value, then the Partnership and the Objecting Party shall, within fourteen (14) days from the date of the First Appraised Value, mutually agree on and engage a second Independent Appraiser (the “Final Appraiser”). The cost of the Final Appraiser shall be borne equally by the Partnership and the Objecting Party. The Final Appraiser shall determine within thirty (30) days after its engagement the Fair Market Value of the Partnership Interests, but if such determination is less than the lesser of the Initial Value and the First Appraised Value then the lesser of the Initial Value and the First Appraised value shall be the value or if such determination is greater than the greater of the Initial Value and the First Appraised Value then the greater of the Initial Value and the First Appraised Value shall be the value (the “Final Valuation”). The Purchase Price shall be equal to the Final Valuation and shall be final and binding upon the parties to this Agreement for purposes of the subject transaction.

  • Gross Asset Value The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows: