Available Inventory definition

Available Inventory means, at any time the sum of:
Available Inventory means, on any date, the lesser of (i) an amount equal to (x) the product of (1) 65% multiplied by (2) the sum of Eligible Inventory, less Inventory Reserves, less (y) Rent Reserves and (ii) 85% of the product of (x) the Net Recovery Rate in effect for the Inventory (based on the then most recent independent inventory appraisal) on such date of determination, multiplied by (y) the aggregate amount of gross domestic Inventory and Mexican Inventory (as reported in accordance with the Borrower’s general ledger and inventory system at such date of determination) as set forth in the most recent Borrowing Base Certificate.
Available Inventory means the LNG inventory available with PLL in relation to the Terminal.

Examples of Available Inventory in a sentence

  • These Special Sites will be posted in the Qwest Available Inventory posting under “Unverified sites with equipment”.

  • The Administrative Agent may, in its Permitted Discretion, reduce the advance rates (including the NOLV Percentage) used in computing the Available Inventory Amount, with any such changes to be effective three Business Days after delivery of notice thereof to the Borrower Representative and the Lenders.

  • For standard CenturyLink Postings of Collocation Available Inventory, CLEC will be charged the standard Collocation rates, including the applicable QPF or Engineering and Planning Fee.

  • Ordering Options for Switched Access Service (Cont’d) 5.3 Available Inventory Available inventory is limited and does not include facilities used to provide working service or facilities previously ordered, reserved for pending orders or held as maintenance spares.

  • For standard Qwest Postings of Collocation Available Inventory, CLEC will be charged the standard Collocation rates, including the applicable QPF or Engineering and Planning Fee.


More Definitions of Available Inventory

Available Inventory means the inventory of Products available at a Motorola facility (including Motorola’s Affiliates and subcontractors) and/or in a Hub (if applicable), to be used to satisfy Backlog and Gross Demand.
Available Inventory at any date of determination shall be equal to the lesser of (i) an amount equal to 65% of Adjusted Eligible Inventory, less Rent Reserves or (ii) 85% of the product of (x) the Net Recovery Inventory Liquidation Rate in effect (based on the then most recent independent inventory appraisal) on such date of determination multiplied by (y) the aggregate amount of adjusted gross domestic Inventory of the Loan Parties as set forth in the most recent Borrowing Base Certificate.
Available Inventory means, for an individual B&L User, the quantity (in kWh) at the end of each Day, being available for lending by a potential Lender, which is calculated as the remaining quantity of LNG (in kWh) already unloaded within the Contract Year by a B&L User at the LNG Receipt Point (after taking into account vapour returned to LNG Carriers during the unloading of such LNG), minus any replenishment of the LNG Operational Heel, minus the quantity that is lent as per clause 4.2(b), minus Retainage minus Daily Actual Sendout taken by that B&L User within the Contract Year; if the above calculation is negative then the Available Inventory shall be zero.
Available Inventory means, at any time, the lesser of (a) 75% (5% in the case of “stores inventory”) of each Category of Eligible Inventory and (b) the product of (x) 85% (70% in the case of High Seas Inventory) of the Orderly Liquidation Value Rate multiplied by (y) each Category of Eligible Inventory; provided that (i) Available Inventory shall in no event exceed 75% of Eligible Inventory, (ii) the amount of Available Inventory in respect of High Seas Inventory shall at no time exceed $150,000,000 and (iii) the amount of Available Inventory in respect of “stores inventory” shall at no time exceed $15,000,000.
Available Inventory at any date of determination shall be equal to the lesser of (i) an amount equal to 65% of each of Adjusted Eligible Finished Goods, Adjusted Eligible Work in Process and Adjusted Eligible Raw Material, less (d) Rent Reserves or (ii) 85% of the product of (x) the Net Recovery Liquidation Rate in effect (based on the then most recent independent inventory appraisal) on such date of determination multiplied by (y) the aggregate amount of gross domestic Inventory (as reported in accordance with the Company's perpetual inventory system at such date of determination) as set forth in the most recent Borrowing Base Certificate.
Available Inventory means, at any time, the lesser of (i) 70% of each Category of Eligible Inventory and (ii) the product of (x) 85% of the Orderly Liquidation Value Rate multiplied by (y) each Category of Eligible Inventory.
Available Inventory means, for any Borrower at any date of determination, the lesser of (i) an amount equal to (x) 60% of Eligible Inventory of such Borrower less (y) Inventory Reserves for such Borrower and (ii) 80% of the product of (x) the Net Recovery Rate in effect for the Inventory of such Borrower (based on the then most recent independent inventory appraisal) on such date of determination multiplied by (y) the aggregate amount of gross Inventory of such Borrower (as reported in accordance with such Borrower’s perpetual inventory system at such date of determination) as set forth in the most recent Borrowing Base Certificate of such Borrower.