Common use of Eligible Inventory Clause in Contracts

Eligible Inventory. The words “Eligible Inventory” mean, at any time, all of Borrower’s Inventory as defined below, except:

Appears in 6 contracts

Sources: Credit Agreement (Educational Development Corp), Business Loan Agreement (AmpliTech Group, Inc.), Business Loan Agreement (Asset Based) (Ocean Bio Chem Inc)

Eligible Inventory. The words “"Eligible Inventory” mean, " mean at any time, all of Borrower’s 's Inventory as defined below, below except:

Appears in 6 contracts

Sources: Business Loan Agreement (Asset Based) (Portland Brewing Co /Or/), Loan Agreement (Marketing Worldwide Corp), Loan Agreement (Coeur D Alenes Co /Ia/)

Eligible Inventory. The words “"Eligible Inventory” " mean, at any time, all of Borrower’s 's Inventory as defined below, except:

Appears in 6 contracts

Sources: Business Loan Agreement (FGI Industries Ltd.), Business Loan Agreement (Addvantage Technologies Group Inc), Business Loan Agreement (Dougherty's Pharmacy, Inc.)

Eligible Inventory. The words “"Eligible Inventory” " mean, at any time, all of Borrower’s 's Inventory as defined below, below except:

Appears in 4 contracts

Sources: Loan Agreement (Vermont Pure Holdings LTD), Loan Agreement (PDS Financial Corp), Loan Agreement (United Oilfield Services Inc)

Eligible Inventory. The words “"Eligible Inventory” " mean, at any time, all of Borrower’s Inventory 's inventory as defined below, below except:

Appears in 1 contract

Sources: Loan Agreement (R B Rubber Products Inc)

Eligible Inventory. The words “"Eligible Inventory” mean, " mean at any time, all of Borrower’s Inventory 's inventory as defined below, below except:

Appears in 1 contract

Sources: Business Loan Agreement (Obsidian Enterprises Inc)

Eligible Inventory. The words word “Eligible Inventory” mean, mean at any time, all of Borrower’s Inventory as defined below, below except:

Appears in 1 contract

Sources: Business Loan Agreement (Asset Based) (Sterion Inc)

Eligible Inventory. The words “Eligible Inventory” mean, at any timeanytime, all of Borrower’s Inventory as defined below, except:

Appears in 1 contract

Sources: Business Loan Agreement (Royal Bodycare Inc/Nv)

Eligible Inventory. The words “"Eligible Inventory” " mean, at any time, all of Borrower’s 's Inventory as defined belowbelow except: (1) Inventory which is not owned by Borrower free and clear of all security interests, except:liens, and encumbrances.

Appears in 1 contract

Sources: Loan Agreement (Phillips R H Inc)

Eligible Inventory. The words “Eligible Inventory” mean, at any time, all of Borrower’s Inventory inventory as defined below, below except:

Appears in 1 contract

Sources: Loan Agreement (Synergetics Usa Inc)

Eligible Inventory. The words “Eligible Inventory” mean, mean at any time, all of Borrower’s Inventory as defined below, below except:

Appears in 1 contract

Sources: Business Loan Agreement (Flotek Industries Inc/Cn/)