Define: Resale Price
Resale Price means the total cost at which an item is resold, inclusive of transaction and additional reasonable administrative costs.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Resale Price means the total cost at which an item is resold, inclusive of transaction and additional reasonable administrative costs.
Relevant Circumstances
- When a business sells its product to a distributor, and the distributor plans to resell it to retailers or directly to the end consumers.
- During property transactions, such as buying or selling real estate
- In business transactions involving assets, inventory, or equipment resale